


SamuelHuntington
EURUSD 1D probably shows an impulse wave, where we are on the possible begining of the 5th wave. 4H chart shows the first correction wave which might not be over yet, but seems like it won't change too much. It tells us that we may see the begining of the next corrective wave up, which would be the 1D timeframe 5th wave of the big impulse wave. Not an investment advice.
Despite recent OPEC+ agreement, oil prices look like it will not make them bullish for long. Long-term forcast - it's going down. Right now there is a possibility for short-term pullback.
I suppose few people expected sudden rush of protests in US which have punched US market and dollar itself, however, this is what we need to work with now. Now I can see an Elliott impulse wave is built. it means we are going to have a way down on GBPUSD (and many orher USD pairs as well) soon. The protests may continue for some time now, however, they will...
I saw some analysys presuming GBPUSD would move up in the near future. However, now I do now see much evidence of possible strong upward impulse. We have 2 most probable options: 1st - there is a corrective Elliot wave which after impulse downward is possible, and 2nd - there is a new channel is being constructed, so the price would move inside of it. My advice is...
Here we can see the stock makes a pennant. We should wait it to cross the upper line and then buy it.
Here we can see the complete A and B Elliot waves. I suggest to wait for wave 3 and put a buy stop order above the wave A. In fundamentals we wait for good news from Great Britain, updates of macroeconomic indicagors. The most important one is trade balance. If it's lower, GBP will be stronger. Now we should just wait.
The way up begun in ligh of us-china trade war. Right now we can see a small pullback. Buy after pullback and check my previous ideas. Good luck!
Righn now we can see a pennant pattern on EURUSD chart. It good suits for my previous idea. This continuing consolidation of the market is just a slow wave B. Look forward for some news both from the Eurozone and the United Startes. This week we wait for US-China trade talks this Thursday and Friday and measures to be taken after these talks.
Here we can see the begining of Impulse Elliot Wave . We'll see what's happens next week in macroeconomic world. Actually NZD interest rate decision may affect it.
Here we can see the begining of Impulse Elliot Wave. We'll see what's happens next week in macroeconomic world. Actually USA-China trade talks may affect it greatly.
As far as we can see, the trend went through the level of previous low and it's clear it goes further down. I suppose we see an Elliote Wave C. It's not completed yet. However I suggest to look carefully for pullback, then we may oppen a sell stop order under the complete wave C and wait for incoming news reports. It is likely to hit the lower trendline. Recent...
Recently due to the news from EU euro wenr down. Now we can see a corrective Elliote Wave, where wave 1 is already done, wave 2 is in progress, so we have a reason to wait for the wave 3 down. In addition, there will be some news about EU at Monday, so it's highly likely we'll see another strong wave down. I suggest to put a buy stop order under the end of wave 1.
From the begining, I hesitated how it will move, will it be able to get through the upper line of the previous channel (purple line) or it will move in a new channel (blue lines). I suggest to take a look at Elliot Wave pattern built in current small channel (orange lines). It looks like the line 5 is to be done yet. That's why I suppose the EURUSD will be going...
Today the trand has rallied up. I suppose it may retrace at ~1.145, because it is the end of ichimoku kumo and fibonacci level. Then we may enter one more time in long to get to the next fibonacci level. We'll see.
After the strong uptrend should be a small pullback. Now the trend stays between two Fibonacci retracement levels. As I suppose, trend will touch the 38% Fibonacci level, which is ~1.3945 and then continue it's long uptrend. I'd better not suggest entering short sell, however it might be an easy win. I'd better wait fot retracement and enter long.
The price didn't broke the botom line of a triangle. That's allright, now we wait for touching the top line and perhaps then we can go in a short downtrend
We can clearly see the major long upternd at the GBPUSD. Also we can see a possibility for a short downtrend. Firstly I'd like to wait the price to break the triangle. If it goes down, the downtrend will be proved and it's likey to have a profitable sell order. If it goes up, we'll wait again.