Elliott_wave_counter

Elliott_wave_counter

I have prepared two short scenarios for gold. We should wait for confirmation in order to enter the market.

Elliott_wave_counter

According to what I see in GBPJPY, seems that we had all corrections. Also I think for the price it took more time to reach this level of price if we compare with impulse movement before start of correction. Wave B moved most of wave A, which I think is reasonable as wave A is a 3 wave correction. The time for wave B is a bit more than wave A, and wave C took more...

Elliott_wave_counter

I was checking different pairs and I just came to #AUDNZD. It seems that the pair has finished its 5 impulse cycles and one of correction phases. Now my idea is that all things depend on how the pair will react to B and C point which I have shown.

Elliott_wave_counter

For CHFJPY I think that we are near a good area for taking short position. We should check the response of price.

Elliott_wave_counter

Wave 1 could be an expanding diagonal, and also it seems that we had enough correction. Let see what will happen

Elliott_wave_counter

This is what they call it FLAT CORRECTION. We had 3 sub-waves for wave (A), therefore wave (B) passed wave (A). Seems a good sell position. As a reminder, consider that we wont have a big (C).

Elliott_wave_counter Updated 

Seems that GU will move to lower zones. In case we have enough retracement, we will have a good chance to take a short position.

Elliott_wave_counter

I hope you understand that in Elliot method you are facing some option in each wave. So here, according to pervious moves, I have updated my idea. It seems that still we are safe and we have a good profit ahead.

Elliott_wave_counter Updated 

For this pair I am not so sure but it seems that we are facing an expanding diagonal. I have considered to invalidation level. Me myself consider the nearest level firstly, as RR would be higher and secondly I think it is better to consider another entry level in case our analysis failed.

Elliott_wave_counter Updated 

Seems that EURGBP could have a bullish move in low timeframe. As we will have big news today, please take necessary precautions

Elliott_wave_counter

Seems that there might be a good sell position in EU.

Elliott_wave_counter

I think it is better to have more description about pervious idea for GBP JPY. So I publish my weekly thought.

Elliott_wave_counter

We can consider GBPJPY for a short position. At the moment I think it is better to wait for a while to have a better view.

Elliott_wave_counter

Seems that CADJPY touched upper limit of its channel and going to shoort.

Elliott_wave_counter Updated 

It seems that, USDJPY is going to upper. The pair has formed a triangle which now is broken and we had enough pullback.

Elliott_wave_counter

I expect a long position in USDCAD as the price have broke the triangle and retrace enough.

Elliott_wave_counter Updated 

Merry Christmas This is my gift for all of you Have a great time

Elliott_wave_counter

For #EURNZD in my daily view it seems that correction is going to finish and it is a good point to enter a long position.