I have been waiting for this setup for quite some time and posted this analysis a while ago. On the daily time frame we have a 5 wave corrective structure that broke to the downside. We then saw a smaller structure form below that and we are now seeing a break of the smaller structure. This indicates that the short break is valid. I am waiting for my entry...
The corrective structure on EURNZD daily chart has broken to the upside but does that mean that it is time to jump into this trade? In my opinion we need to wait for confirmation of direction before entry. I am expecting to see a flag formation at this level on the H4 time frame which if it breaks up, I will enter the long. The possibility still exists that we...
On the daily time frame USDCHF broke out of a 3 wave structure and is currently forming a flag above this structure. A break of this flag to the upside should indicate the start of the move which will complete the larger structure on the weekly time frame. This smaller flag formation needs to complete either a 3rd wave down and break up or 5 waves in total before...
CHFJPY has broken the flag formation that I have been watching and is making it's move. I expect price to reach the top of the larger structure. This should play out by the end of the week if we don't see any changes in the structure formation. Contact me via direct message for any assistance required Cheers Linton
As predicted, GBPJPY is slowly creeping towards my Take Profit which is at the previous high level 148.000. When price reaches this level, I will bank the remaining portion of my position and look for signs of supply for a short setup. This setup will take place in the form of a bearish structure formation and I will enter the short upon confirmation of the...
I am looking a a possible Head And Shoulders formation on the Dollar Index. Should this setup unfold as I have it here, the target happens to be on a perfect retest level as well. Simple and clean setup which could give some good direction on some other pairs as well. Contact me via direct message for any assistance required Happy trading! Linton
I have been waiting for this setup to confirm. AUDNZD is starting the final wave on the larger structure. We can see the formation of a small flag which is breaking now. I am looking to enter this position and hold to the top of the larger structure. Contact me via direct message for any assistance required Cheers Linton
I had a few ideas removed from the site as there were links in the descriptions. I am re-posting those Ideas without the links. This is a good setup on the DAX 0.38% for those who trade patterns like H&S . The slight downward slope on the neckline is usually a good sign that the pattern will be reliable as a trend change pattern. This will obviously take some...
USDCHF is currently trading in a big corrective structure where I expect the 5th wave to the top of the structure to complete before we see a break to the downside. Smaller time frames show that there is the possibility of one more small move down before we see a break of the current flag formation to the upside to complete wave 5 on the bigger picture. I will...
I'm expecting the completion of a larger correction on the DOW before we see the move up. This could come in the form of 3 or 5 waves. Direct message me for any assistance Best regards Linton
GBPAUD has been performing as I expected and predicted on my YouTube channel some time back. With the completion of wave 5 to the top of the structure, I have been in a short and expect wave 6 to complete to the bottom of the structure over the coming weeks. If you are not in the short already, there is an opportunity approaching to enter this trade. There is a...
I have been watching this setup unfold and am really looking forward to the overall short trade that is coming here. I expect the corrective structure that we are currently in to complete with wave 3 to the upside and will then be looking for a reversal on lower time frames to enter this short. I am trading the wave 3 leg to the upside as well. Take note of the 3...
GBPCHF has broken to the downside on a 3 wave structure on the daily time frame and has done so on the H4 time frame as well. This is an indication of a continuation to the downside. Trading Signal Service: www.greenboxmarkets.com Forex Trading Course: www.greenboxmarkets.com
USDJPY moved as we expected it to. Our long trades made good profit and we are now looking for the entry to the downside. We can see an impulse down to A on the left and then a 3 wave corrective structure up to B which has now broken to the downside. I am looking for a retest of the structure for a short entry where my target will be C which should break the...
We can see the formation of a 5 wave corrective structure on the daily time frame which has broken to the downside. There is a smaller structure which has formed below the daily structure. A break of the smaller structure should indicate the continuation of price movement to the downside. The 3 Take Profit levels are indicated using Fib retracement targets.
EURNZD has formed an impulse leg A and we are currently in the B correction which shows 3 waves at this stage. I expect a move back down to the low at 1.6715 and then a move to break out of the correction. It is possible that the correction will be a 5 wave structure but either way suggests a break to the upside. I have entered a short position down to the low...
We can see a trend and a correction on USDJPY. The correction trend-line has broken to the upside and I have entered a long (buy) position at the current pullback level. This is a C wave trade. Tp 1: 110.030 TP 2: 110.200 Should the previous high break, I have a target of 111.000
The technical indicators of my strategy have confirmed an entry for a long (buy) position on the H1 chart. B to C wave trade. TP 1: 1.1807 TP 2: 1.1833 Should the previous high break, I anticipate a target of 1.1900