Hello TV! I have sell setup for EURCAD based on Elliott wave theory. I've found 5-wave impulse (on the chart), after that we can see correction, finished on 78,6% Fibo retracement. Now I'm waiting the next impulse down. Stop placed several pips above of Wave1. So we have very perspective R/R trade setup: 1) close stop with low risk, based on EW theory. 2) Big...
Stop on the chart. All details available on chart, but if you need - please comment and let's discuss.
If my EW count is correct, now it's time for the next move down.
I've found 1st wave, and ABC correction, C is now under A. Stop is below of 1st wave, which is not supposed to be threatened, that is what the Wave Principle dictates. Otherwise my EW count and idea incorrect. Let's see!
I'm starting to publish all my pairs weekly overview. USDCAD is going down, now it looks like consolidation before the next move down. Maybe Oil also can help
I think we have very good opportunity to go UP daily, now I'm waitnig correction and then next wave UP.
I'm starting to publish all my pairs weekly overview. USDJPY in downtrend now. Of course structure can be changed to uptrend, but now it's more safety to trade down. Now it's my favorite situation, sell with close stop. Small risk and huge potential profit, join the trade.
Don't miss this sell-off today!
GBPCAD short idea with very low risk Daily view
All details are on the chart. I'm in sell for this stock .
All details are on the chart. I'm in sell for this stock.
NZDUSD overview: Weekly it has down trend. Daily - up trend. Recommendation to buy now for 2-3 weeks, and then BE READY for reverse.
I thnik that USDJPY is about to finish correction and ready for the next impulse up. All details on the chart. Now pair is testing broken downtrend channel, if it bounces - buy and like)
You can see very clear and interesting situation with waves pattern on GE. I know most of you like to trade FX, but if I see a familiar pattern on stocks, I will not ignore it. Sell the breakdown!
Silver is in long term uptrend. Now it's making deep correction, in several days or weeks I'm waitnig strong impulse up.
On the chart we see big impulse up, now it's big correction down. I think it can be interesting to buy if it breaks up, details on the chart.
The simple idea, sell only after the breakdown. Divergence on MACD, good sign Stop - 1,078
I know that it's not a popular pair, but maybe somebody is interested in. It seems we are near the next move down, so if it breaks, no doubt to sell and wait several weeks for big profit.