EURJPY in supply zone with falling wedge as confluence.
Rising wedge highlighted in purple & potential C point of a Cypher. I would sell at the $1,400 level and not wait for the trend line break. Hopefully it will work its way down to $1,140
This is a monthly chart so it gives the clear vision on where to put your money and where the market is most likely headed. We have just successfully completed waves 1,2 & 3 now looking to complete wave 4 around 122-120 before going long to the 160 level. Trade safe, nothing is guaranteed in this market!
Weekly analyis of GBPCHF! Either way it is a short because, if it is wave B we can still catch the move down to complete C. If it is the start of Wave 3, then we are catching the strongest move in the 5 wave sequence. Please follow one of these to support the freebies! www.PipsUniversity.com www.Twitter.com www.Instagram.com
Elliot Wave is just one of the tactics used by myself, not an expert by any means however, I do recognize potential wave counts that suit rules. I really focus on Harmonics however, I will acknowledge possible wave counts when I see them with my ball park range projection. The arrows and prices on the chart represent my outlook on what could be in play in the...
Solid Bearish Bat forming on EURCHF, look for the sell off at around 1.11500, the perfect bat entry would be around 1.11927 though. I won't be trading this pair because, it is too slow, just wanted to throw it out there for those of you that like it.
Arrows show thoughts on GBP/JPY.
Bearish Shark completion leg in play, should teminate around 65.00-67.00. Could be short all of 2017-2018. The smart way to play it is only look for longs on the lower timeframes.
Selling at 0.74400 which will be point E of the Expanding Wedge and the D point of the ALT Bat. Even if the wave count is one wave off, E would still be D and fall to around 0.71600 before making E and flying right back up. No doubt selling at the 0.74400 level. Please like & follow! Thanks!
Looking for a retest into 0.78657'ish before selling, this looks like it could easily fall to 0.74-0.73 maybe even 0.72. I will be monitoring the retest on 15-30 minute charts as well. Good luck on this one!
We have a nice potential Gartley about to complete around 0.79284, you can look to sell right there with your stop loss at 0.79550. Your first take profit on this one will be 0.78660. Once you close that trade, you should be looking to buy EURGBP into around 0.80000 which will most likely be the completion of wave 5. Good luck! (Wave count may be wrong,...
Alright guys I'll keep it simple for everyone, we have true resistance right around 120.280 so a break to hit 120.290 is where we will enter long and our stop loss will be 119.970
Alright everyone this is a pretty crazy post because I am going to try and predict the end of the bearish EUR/USD. USD/CAD is the one that helped me come to this analyzation and the monthly chart on the EUR/USD. As you can see USD/CAD has been at an uptrend since 2013 and finally broke support around 1.23410 level after 11 weeks of consolidation on the weekly...
Alright guys we are back on TradingView every single day posting trade setups so make sure you are following us. Here we have EUR/GBP in a very important area of price. This trade can be played two ways. A close below 0.71610 to sell or a close above 0.72355 for a bullish outlook for the rest of the week most likely. You can see we have 4 indecisive candles...
Alright guys sorry that we haven't been on here much, we have been slammed with new students, but this week we will be updating tons of new trade setups for you guys! The #1 on my hot list right now is USD/CAD only going short, I originally saw this trade setup on the Daily chart which is what controls everything so I dropped down to a 4HR chart to break down...
Very simple to play this one, once price hits 1.19230 we are going to short this one until our first take profit is met at 1.18660 & then our second take profit is 1.18040!
The Japanese Yen is just a beast so far in 2015 and we see it crushing the AUD big time! We're looking to go short on this one as long as price stays below 95.960 and has a bearish candlestick for us to enter this trade!
EUR/JPY is shaping up nicely to short as long as we have a bearish candlestick under 139.060! Nice risk to reward ratio as well on this one! We'll keep you updated on this one and the other 7 trade picks we are posting today!