Another education theory, those that trade Elliot Waves please correct me
This is not a signal, just playing around my chart.......i would very much like opinions on this, how you would approach it and is it really a down trend Comments and Analysis are Welcome
hi, hence my previous analysis managed to hit target, now we are looking for a break out to go short, watch out NB; RISK MANAGEMENT
Ascending pannet, expecting a break out to the target beneath, from Support we will be looking for buys{long term} goodluck NB; Risk management
Price broke out of the channel and now its retesting, upward movement expected
Prices seem to have been rejected at the trend line (ascending channel breakout) , downward movement is expected and from the Support we should see a longer term uptrend Goodluck NB; RISK MANAGEMENT
clear as it is, this how i see it, you can add your opinions on the comments NB; risk management
A strong Resistance ahead, we will be looking to go Short on the pair and Long it at the Support
Personally i think that was a false break out, i am expecting price to go back in the channel then we buy from the bottom all the way to break the 1st and 2nd support all the way to our target NB; target wont always hit, take profits when youre happy, remove greed
My anticipation is that prices should move as arrows have stipulated NB; Use risk management
Descending Triangle about to end, a last push to the bottom would be inevitable at this point, the we would place Buys at the Bottom of the Triangle NB; Always use trailing stops , risk management
Prices should go up respecting my trend to create a Double Top at the Resistance and push down to the Support Level
Prices seem to have slightly reached the Resistance and from the we should expect Prices to drop NB; Always use trailing stops, targets wont always hit
Price was rejected at the downward Resistance, prices should fall towards the Support level and next action would be to wait for a breakout to buy EURJPY with targets shown
Prices have reach a support level, from there i see prices rising to the stipulated target NB; target wont always hit, book profits when youre happy and always use trailing stop
Prices have been Sliding Down and have now reach a Support and well within the channel, upward trend should begin up to the Resistance NB; target wont always hit, book profits whenever you're satisfied Thank you
Prices have been making highs and lows, at this moment price is at a low broke the resistance and retested it which has turned into support, prices should rise from there
Prices should rise from the Support to the Resistance of the down Channel