RKchartest

RKchartest

EURUSD Broke Structures. Selling opportunity.

RKchartest

ABC pattern is completing. Possible buy opportunity.

RKchartest

Looking for ABC equality.

RKchartest

USDCAD still has room to go higher some. I think the move is limited and a correction is due to come. USDCAD tends to correlate with the energy sector. I would be looking for news that energy is posting gains and we should be seeing a correction start to form here.

RKchartest

GU Just made an ABC. An ABC to the downside is likely. With a tight stop and using 61.8% as a TP target, we have a good trade.

RKchartest

Possible setup for the AUDUSD

RKchartest

Here is a possible wave count for an ending diagonal forming on the USDCAD.

RKchartest

USDCHF appears to be finishing a ending diagonal. Buy the break above.

RKchartest Updated 

5th Wave is likely and should be extended. This will complete a full cycle. EWP

RKchartest Updated 

We still have good low risk entry postions for UJ based on Elliot Wave.

RKchartest Updated 

For those that missed the beginning of this wave 5, you still have opportunity to get onboard. I have placed a long position on this chart with a stop loss below channel line. The lowest risk entry will be at channel line. Im not sure if price will touch lower channel line since the move is now underway. Looking for profits around the 125.78 level. 2 fibs and a...

RKchartest Updated 

It appears a leading diagonal maybe forming. These are my possible wave counts a possible scenario.

RKchartest Updated 

Placed a entry order here to catch a break to the upside. Its a 1:3 risk to reward. Stops will be brought to breakeven if trade reaches 1:1 levels. Wave theory is at play here. Also I want to thank Anil for showing his chart as well and bringing this setup to our attention as well.

RKchartest Updated 

Price hitting multiple structure support.

RKchartest

Intel is in a flat correction. Correction is bound by parallel lines. Break below dotted line will bring short opportunity. Break above top trend line will open a new possible 5 wave count to the upside.

RKchartest Updated 

USDJPY still has room to go up while its in its wave 3. Reaching 100% of wave 1 this has qualified wave 3 to be a normal wave and we need to keep a watchful eye for a correction to the 23.6 level here which would signal this is wave 4, tho im doubtful. Anything above 161.8, expect wave 3 to extend to the 200% level. As of right now im eyeing the 141.4 level to...

RKchartest

With the Fed talking about raising rates, we don't have much room to go if we stick with EWP. Watch the fed keep rates as they are and we get the USD to drop. Wonder if that will set the stage for a rate hike after that?

RKchartest

NZDJPY could be long in the near future. A complex correction is approaching the 38.2% retracement level on the hourly chart. If this happens to be a wave 2 of a new Elliot cycle, the complex correction has a tendency to add allot of fuel to wave 3. With the daily finishing a ABC correction and ending at wave 4 of the main cycle, this trade can go both ways. Im...