structurally it has to go down look for sell setups...
Wait for confirmation, and use your strategy to trade it...
IMO This is good point for take risk, because of RR ratio...
AUDJPY did well as i was expecting, now at this stage i can see some structural change as im expecting. So look for buy setups, of-course after some little shorts.
This is not a trade call but im in... if you are not expert in wave trading stay away from this pair for while..
Right know EU stand its highest point, IMO time to take risk but after some sell setups...
usually im not trading in 15 M time frame. But this pair is developing very interesting setup which is giving us reversal sign... if nzdusd will break this trend line then it will go down for short term correction, opposite the long trend... what we have to do is just wait for breakout, after that use your strategy to trade it...
This setup is not for to trade it, its only for back testing purpose...
Time to Buy Setups, im looking 3 wave structure in it...
USDJPY making very complicated structure, but as i seen there is likely chance for going up side at least for correction... so better to wait for breakout, otherwise thats okay...
Looks Like AUDUSD will Fall in Larger Degree, so if it make a flag you can win some amazing pips on this pair... only look for flag and flag break out...
As i understood structure, it has to go up side for making 3wave structure...
Wave traders knows what to do... because they know very well if it goes in wrong direction..
GBPUSD is at reversal point, at any point it could turn to the down side, specially in news sessions. because structurally its look GBPUSD is going to go down, so i will watch for sell setups after the break top. RSI is experiential indicator for me let see how it will works...
Right now GBPJPY standing at reversal point for both side, im more confidence for down move because of big structure...
breakout will be confirmation for down side. if it goes up then it will be short term but im interested in sell not in buy.