follow the path. Feel free to leave comments and views
GJ has 2 possibilities here, considering NFP release in less than 3hours. I would suggest placing stops instead of actively getting involved for now. Once GJ picks a direction, we will be riding till target. please feel free to leave your opinions
OANDA:AUDCAD This pair is going to get there definitely but I envisage it going to take a minimum of 2months. According to my analysis, wave a took almost 2months, and wave b is just unfolding, which might take some time too moving up and down. Looking at the chart above, these are the possible scenarios I am seeing, and I think the scenario in orange has a...
There is a lot of noise on the smaller TF, so I decided to do my analysis this time on a daily TF. Looking at point AB, it took GU 3days to complete the movement from AB, BC took 5days, CD already peaked on the 6th candle/day and the 7th candle, which was Friday, Oct. 2nd fell short of the 6th candle high forming the exhaustion wicks highlighted on the chart, so...
Short till target..Sorry its coming late. Please leave your views
It might be choppy but definitely, it would get there
GU is currently on a wave c upward movement, it might be a little choppy, but it's going long. Buy till the first TP
Once GBP breaks 1.2900 short till first target
I will advise shorting the GJ pair at this level. You can decide to wait for confirmation or be aggressive and go all in now. If the current 3hr candle closes below 134.92 go all in, else entry is at 135.15-135.21 region
From the last chart posted here Price moved according to projection, so the analysis on the chart is a continuation. I would advise shorting GBPJPY until 131.70 regions and await further actions. Please feel free to leave a comment and like if you agree with the analysis
I feel GJ is playing out a complex correction which has created a ranging scenario. As long as price remains closed below the 133.80 I expect a down wave c movement to the target on the chart. Please feel free to leave your comments and like if you agree
If GBPJPY current 4hr candle closes above the 134.11, then I would advise going long GBPJPY. GBPJPY is currently running on an upward wave c which is a retracement of the previous major downtrend. I believe waves a and b have been completed which have shown double bottom at 133.95 regions.
Short EURUSD down to 1.1250 region but until then wait for a retracement to 1.1310-1315 and sell. Sell limit 1.1310-1315 TP 1.1254