Don't miss this trade, you can buy USDJPY and forget for one year! On daily timeframe we have two possible options. For Weekly - there is only one way - UP! Join!
First of all I start with defining weekly trend... Daily view:
From Elliott Wave perspective, my recommendation is looking for sell opportunity
Gold ready for local sell off.
And there is a second possible scenario with double three correction structure. If it go below Wave Y, it will be the main option. Could you please leave comments what scenario you believe in? Good day!
There are two possible scenarios for USDJPY pair. There is first one, if we've finished correction and pair ready go up. Stop is Wave 2 = Wave Y = 108.06
I'm glad to share with you Dow Jones ElliottWave analysis on daily timeframe. Wave IV usually retraces 0.382 Fibo of wave III
We see impulse, now it looks like correction, and soon possible the next impulse up
Some up move is possible and then I'm expecting correction down.
Wave analysis for the next week.
Please find Elliott Wave analysis for crypto. If you are in Buy, it's time to fix your profit. Because Bitcoin - it's the same speculation history as other instruments, and EW principle gives the opportunity to be ahead of the market.
On the chart we can see the clear picture with broken down channel. Now we should place order and wait)
This trade setup based on Weekly Elliott Wave Count:
If wave count correct, there is a reason to sell this pair. I'm not greedy trader, RR 1:2-3 is enough for me.
Please find sell setup with RR = 1:4 If you follow this idea, please use also the Stop as on the chart.
All setups should have Stops and Targets.
Wave count of current formation on weekly time frame. Also 4hr trade setup:
This post will be more interesting for new comers on the Trading. May be it will help somebody to feel more confident on the market. Sometimes you will lose money on this trade setup, but in the long run you will be profitable. It's enough for good setup. This is my way to trade Flag. And Flag - there is just a special case of Elliott Wave theory. I'm looking...