Savelifes

Savelifes

Pairs could move down

Savelifes

On 1 hour chart, 5 structure up wave has completed. Now Pairs has been reversal. First and second wave of reversal wave have likely completed. Forecast pairs will move down

Savelifes

There is an impulse wave labeled I or A. The retracement wave is a zigzag, labeled B or II. B (or II) wave retraced at 0.768fib of A (or I), by at level, within wave B (or II) c leg equals 1.382 a leg of c. That is fibs confluence. I forecast pairs will move up, target at 0.618 or 1 multiplies wave A (or I).

Savelifes

On 30min chart, there is an impulse up wave labeled A or I. This wave is strongly an impulse wave because it has some features that satisfies an impulse wave: wave 3 is strongest, RSI divergence between wave 3 and 5, wave 4 has a corrective pattern (zigzag) retracing at 0.382 fib of wave 3 and not overlaps wave 1, wave 5 have length equals 0.618 fib of length 1-3....

Savelifes

On 4h chart, trend is down. On 30min chart, Price has corrected with double zigzag pattern. In which, wave Y = 0.618 wave W, and within wave Y, subwave c = a. Reversal pinpar also support that price should start to move down. Zoom in 5 min chart, sub wave iv of c has ended and seemly in progressing of subwave v. So we should wait for price breaks below subwave iv...

Savelifes

I’m practicing counting wave. Not recommend.

Savelifes Updated 

Wait for price break below wave iv before taking any action

Savelifes Updated 

USDJPY has moved downtrend. Now its rally with flat correction. Wait for price break below subwave iv of C leg then go short. Stop loss at extreme of C leg. Profit at level at which wave 5 equals length wave 1 through 3

Savelifes

On 15 min chart, eurusd shows uptrend with diagonal pattern which composes many zigzag inside. Sharply reversal will be soon. Recommend: sell limit at termination of wave 5 ( at level wave 5 equals 0.618 wave 3). Stoploss at level where wave 5 longer than wave 3. Target at 0.618 retracement of whole diagonal. Maybe using trailing stoploss

Savelifes

Sell

Savelifes Updated 

On 30min chart. Subwave v of wave 5 possibly completes now. In this price level, wave v equals 0.618 length of wave i-iii, the common fibonacci for estimating length of fifth wave. Wait for break below subwave iv then short.

Savelifes Updated 

Triangle pattern

Savelifes

On weekly chart, btcusd is on up trend. Zoom in 4h chart, we see its correction was clearly a flat with nicely counting wave. Now, it has started the next impulse wave with wave 1 and 2 likely completed and in wave 3 progressing. Next trading plan is catch the residual wave. Using fibonacci level to estimate the targets. Please comment and share your opinions. I’m...

Savelifes Updated 

On hourly chart, EURUSU is going to complete wave v of wave 5. Wait for price break below wave iv of 5, then short. Stop loss at termination of wave 5.

Savelifes Updated 

Go long!

Savelifes Updated 

AUDCHF has finished first impulse wave which is label 1 or A. Now its going to complete the corrective wave which has flat pattern. If this theory is right, the price would bounce up from the level at which wave c equal to 1.618 wave a. Recommend: Go long at: 0.6811 Stop loss: 0.6748 Or go long when price break above channel, stop loss at the termination of wave...

Savelifes Updated 

CHFGPY has completed first impulse wave which is labeled A. The correction wave likely has terminated already at 0.618 fib retracement of A wave, which labeled B and has zigzag pattern. Also, sub wave c of B is equal 0.618fib subwave a of B. That could be fibonacci confluence. Now price is tending to move up. Recommend: Go long Stop loss at starting of A wave or...

Savelifes Updated 

Trend is moving down. Correction is forming triangle pattern. Wait for break out channel before take any action.