JABIR_WAVE_TRADER

JABIR_WAVE_TRADER

The pair is in a corrective wave. wave A which has 5 sub-motives waves currently finished forming wave 1 and wave 2. If the AUD managers to break above the resistance zone the pair may gain momentum to the first target which is also wave 3. Also RSI is showing some divergence.

JABIR_WAVE_TRADER

according to the analysis the pair is in a corrective wave. wave (A) formed a leading diagonal while wave (B) formed an expandable flat. In wave (C) , wave 1 and wave 2 have already formed. if the pair breaks above the level 1.21790 area( also around 50% fib level from the high of 12th Dec 19 to the low of 18th march 20). the pair could gain to the level of 1.27300

JABIR_WAVE_TRADER

FX:NZDCAD the pair has finished forming head and shoulder. Main scenario: If the pair breaks above the neckline we are looking for a bullish five wave impulsive move to region of 0.87120.

JABIR_WAVE_TRADER

From the start of 25th march the pair was on a downward move forming a 5 wave, and three corrective pattern which was an expandable flat.if the price manages to break the support which was once a resistance level around 108.705, we are looking for a downward impulsive.

JABIR_WAVE_TRADER

Using the Elliot wave theory, from 9th to 20th march the pair was in an impulsive trend forming a 5 wave uptrend and from 20th to 30th march the pair formed a corrective trend which was a combination of flat and a zigzag wave. so we are looking for a another impulsive trend to level 1.00027. alt; if the pair reverse to level 0.94660 we are looking to go short

JABIR_WAVE_TRADER

shorting aux dollar. price is in a correction pattern, wave (A) and (B) already formed . wave (C) = wave (A) *0.618% at 5911 which is also around 38.2% Fibonacci level.

JABIR_WAVE_TRADER

wave c of wave (b) is almost complete, looking for short entry candlestick at around level 1.92416 to our first target at level 1.86516 and our second target at the level 1.83995.

JABIR_WAVE_TRADER

price unable to break the support level. RSI divergence

JABIR_WAVE_TRADER

the correction will be at 50% fib level. i will be looking for an entry to go long upto 1.63700 level.

JABIR_WAVE_TRADER

will be going long until the finish of corrective wave c which is level 1.00160.

JABIR_WAVE_TRADER

FX:AUDJPY looking to go long if the price break above level 76.200.

JABIR_WAVE_TRADER

the third wave of subwave y of the larger wave (C) is in the process and will be shorting to level of 1.52350.

JABIR_WAVE_TRADER Updated 

wave c of zigzag is in the process of forming. Going long to 73.300 area

JABIR_WAVE_TRADER

wave four is forming on the Fibonacci retracement of level 23.6 of wave three. a price drop to level 1.22430(wave 5) which will be Fibonacci retracement(61.8%) of wave one and also a major resistance.

JABIR_WAVE_TRADER

down trending channel identified on the hour chart

JABIR_WAVE_TRADER

broken an uptrend on the weekly time frame trend line on weekly acted as a resistance resistances is also on the 23% Fibonacci retracement level waiting for a break of the level 1.04500 to start selling

JABIR_WAVE_TRADER

target area 77.724

JABIR_WAVE_TRADER

waiting for breakout at 75.680 after it tested the 72.380 support thrice and failed to go below. weekly doji formation head shoulder formation at 4 hour chart.