wait for pull back and seems like cup and handle pattern...any buy setup market do we go for them
we had afake breakout from heavy zone...we complete wave a and will go to wave b,in this case wave b its looks like same with pullback then we look for sell setups for next wave means C! in news because of australia and china economy creaz..AUD change direction to england canada to help ...and this means aud will go weak.... But it possible to go break zone and...
Gbpusd move as we expected..gbpusd maked new higher low and fall down we look one small push up to h1 resistance then look for short setups and make profit...gbp is week because of china war economy and fear of wave 2 coronavirus
we have nicely recection from zone and EUR fall down...in this moment we looks for pullback to zone or for support to turn resistance at price 1.09266!if we see sell setups then will go to take the position...because we need one big structur for down and price time divergance not completed...
in my opinion we will have a one pullback to neck then shooting up to zone...in this week we need to focus news between america and china because,any news about this economic war between them will possibly change direction of market
one more push up to retest M pattern information in side way pattern
gbp paire in fundamentally was week because of gbp stocks....in technically we have 2top and price break the neck line,and we have rectengle and that break too...we have wave 5 elliot to target next zone,,,but first we need one clearly pullback of neck and rectengle to look for short setups! we have S2 monthly pivot at price 1.19851 and support zone to cover our...
in my opinion we have one more pullback to price 0.64640 and then we look for sell setups to short...we have bearish trend and on daily timeframe price will go to complete double top...and in one other way we took wave 3
had a 2 top and divergance macd...rsi is around ob...zone of heavy sellers...under pivot R1 weekly
Audcad will revers in this area and we look for short setups to make profit...but keep your eyes on nes because market was very reactions on news
under the powerfull support zone and looks like will cant break the zone...in the new week will go down...keep your eyes in us index and us news will have a good profit