Linton_White

Linton_White

Weekly (pink): Looking at the bigger picture on XAUUSD, I am bullish for the time being. We can see the initial impulse on the left of the chart and we are currently forming the corrective structure. I have plotted estimated points at which I believe the corrective structure will play out. According to my analysis, we are in wave 2 of the correction and I...

Linton_White

Weekly (pink): We are currently in wave 4 of the weekly structure. I expect wave 4 to complete to the top of the structure before we will see whether there will be a break of the structure to the upside on this wave or whether there will be a 5th wave to the downside first. Daily (blue): We are in wave 3 of the daily structure. Interestingly the target for...

Linton_White

I am waiting for confirmation of the break on the H1 structure, marked in red. This will also break out of the larger H4 structure, marked in green. Lots of pips on the table here! Contact me via direct message for any assistance Linton

Linton_White

USDCAD has broken out of a 3 wave corrective structure. This would indicate that the 5th wave to the bottom is not on the cards right now and that we should see the move up that I have been waiting for.

Linton_White

EURAUD hit my target on the corrective structure break and is trading at the previous high. This indicates a strong possibility of a reversal soon. Contact me via direct message for further analysis Cheers Linton

Linton_White

I am busy watching the formation of this bearish structure on XAUUSD. The break to the downside could occur on this wave or we could see a reversal for one more wave up before the break to the downside. Contact me via direct message for more details Happy trading! Linton

Linton_White

There are three setups to watch on AUDJPY at the moment. I have marked them with three different colour arrows. For more information, contact me via direct message Happy Trading! Linton

Linton_White Updated 

My previous analysis on GBPJPY has played out exactly as expected. We are currently in a smaller corrective structure which will complete wave 4 on the larger time frame when it breaks. The corrective structure could break now or alternatively we could see one more wave up before the downside break.

Linton_White Updated 

As predicted, CADJPY broke out of the corrective structure on the daily time frame and then formed a smaller flag. This flag has broken to the upside and indicated the start of the move that we have been waiting for. Contact me via direct message for any assistance required Cheers Linton

Linton_White

I have been watching this pair for a while and waiting for the bullish move that I expect to take place. There have been two corrective structures, marked in orange, which have formed a collectively larger corrective structure where the end of wave 3 is at the low. I am not going to go into detail explaining the larger structure here. It still remains a bullish...

Linton_White

USDJPY recently broke out of a large structure on the daily and weekly time frame. The current structure formation on the H4 time frame is what I have been waiting for. This is the second wave of this structure which should complete at around the 78% retracement level from the previous high. I then expect to see wave three to the downside where I will then be...

Linton_White Updated 

GBPNZD has formed a corrective structure within a larger downtrend. This structure has a bearish setup with good targets to the downside. We saw the completion of wave 4 a few hours ago and I now await confirmation as to whether the break will occur now or whether we must wait for wave 5 to complete first.

Linton_White Updated 

There are two options for EURJPY at the moment. There is a formation on the daily time frame which is at the top of wave 4 and could see a really big move down to complete wave 5. Then there is the possibility that this structure will break to the upside now and that the corrective structure on the daily time frame will either change for a larger move down or will...

Linton_White Updated 

The larger time frame suggests that there is more downside to come on EURCAD. The current corrective structure has broken and I await the break of the smaller flag formation. This could come in the form of 3 or 5 waves as indicated. Contact me via direct message for any assistance required Happy trading! Linton

Linton_White

It is difficult to forecast the direction of XAUUSD from here as there are two very possible options. The smaller corrective structure formation detailed in my previous gold prediction did not break to the upside and so the long was not confirmed. We then saw a move to the downside which broke a key demand area. I am now watching smaller time frames for an...

Linton_White Updated 

XAUUSD is forming a larger corrective structure than what I had first expected. Bear in mind that this is the H1 time frame though so actually still a small move inside this corrective structure. This structure could complete with either 3 or 5 waves. Once we see the break of this structure to the upside and the larger structure on the daily time frame, this will...

Linton_White Updated 

There is a big down trend on EURCHF larger time frame and we are currently watching the formation of this corrective structure before the break for more downside. Two options exist here. The break could happen now or alternatively we will see the formation of a 5th wave before the break. I will be watching smaller time frames for direction and entry...

Linton_White Updated 

Although my long term view on EURUSD is that we will see a decline, I am trading smaller time frames in the interim. On the H4 time frame, I am expecting to see the completion of a corrective structure wave three, market with the blue arrows. From that point, I will be looking for a short trigger setup. Looking at the smaller picture, we can see a 3 wave flag...