SuperMonkey0
AUDCAD Long Setup 👉🏻 EW potential Wave-4 forming triangle, wait for a pullback to Wave-E before a last impulsive wave.
EURGBP Long Setup Continuation trade: 👉🏻 As mentioned earlier here, Wave-2 looks pretty much like a flat ABC correction, H1 OB still holding as support and has potential to continue forming its next impulsive Wave-3 Main trade setup
EURCHF Long Setup Continuation trade: 👉🏻 Price made a reversal of a ending diagonal in the lower timeframe. An expected movement after an impulse from 1.08750 area. Would see further corrective move down to find either the 61.8% or 78.6%, which will also respect the H4 order block. Main trade setup
GOLD Long Setup Continuation trade: 👉🏻 NFP did brought a bullish impulse off 1860 level, but yet to break the previous structure. Price is still within this corrective move/reversal pattern, yet to be confirmed unless broken out of. My confirmation will be some sort of break above 1797 level and a retest, before going long. This will be in my top watchlist...
EURGBP Long Setup Continuation trade: 👉🏻Apparently marked the H1 OB wrongly and now whole structure is showing that price is squeezing into a falling wedge. Elliot Wave Theory also shows a WXY corrective pattern with a 3-3-3 sub waves accordingly. Impulse soon?
USDCHF Long Setup 👉🏻 Looking at a Elliot Wave 5th Wave here. Potential to form 5 more sub-impulsive waves to complete this structure. Potential zones to be reached has been marked accordingly.
EURUSD Corrective setup Continuation trade: 👉🏻 Price could still be in a corrective phase with an ABC correction (3-5-3). Now in the middle of wave-c, hence short term traders may look for a sell position after a break to the downside. Possible pullback scenario
GOLD Continuation trade: 👉🏻 Price is still consolidating at this key levels of 1760 and 1780. Personally holding 2 entries with reasonable stop losses. Traders may enter after price breaks either direction.
EURGBP Long Setup Continuation trade: 👉🏻 Price formed a complex ABC-X-ABC instead, it is still a 3 waves correction. More opportunity if price were to tag that H4 order block.
EURCHF Long Setup Continuation trade: 👉🏻 Holding 2 entries now on EURCHF. Respected the Elliot Wave Theory of forming WXYXZ correction to end Wave-4. Late traders may placed an order IF price break out of this corrective channel. My personal trades will be moved to BE soon.
GOLD Long Setup 👉🏻 My personal level to go long was indeed on 1760-1780 level, after witnessing yesterday's FOMC statement. What wasn't expected was for it to happen so quickly. I do not see the dollar has long term gains over the period. 💎 Dollar Cost Average will be done over levels 1780 and 1760. Anything below 1750 will be analysed further in the future. I...
GOLD Continuation trade: 👉🏻 1900 remains a huge psychological barrier for the bulls. Pretty much ranging at this previous set target of 2.618% extension. Below shows my EW count on this precious metal If price holds here, an ABCDE triangle formation will be formed, usually indicates the 4th wave. Entry would be a break above Wave-D.
EURCHF Long Setup ❗️AGGRESSIVE ENTRY❗️ Continuation trade: 👉🏻 As discussed earlier, was expecting another wave down. Now price has tagged the 50.0% retracement. Lower timeframe also exhibits a divergence on the RSI and TDI. Aggressive entry is because there is no uptrend yet! but my validation makes sense as per Elliot Wave Theory.
USDJPY Short Setup Price broke out of an ending diagonal and has broken the previous structure. Target previous structure's zone
EURCHF Long Setup Continuation trade: 👉🏻 Closed a long position in the Member's Group. I suspect price will make another leg down to tag that 61.8% retracement of this major Wave-2. Current corrective movement of Wave-4 can be plotted as a WXY with a 3-5-3 corrective movement. If this scenario doesn't play out, further long entries will be considered if price...
GBPNZD Long Setup 👉🏻 Simple Impulse - Correction - Impulse Wait for breakout
EURGBP Long Setup Continuation trade: 👉🏻 Wave-i was a leading diagonal, retested the 78.6% level at 0.85844 with a Wave-ii. More upside movement will be expected when price breaks Wave-i.
EURUSD Short Setup 👉🏻 Setup has failed and hit our SL last week. However this break below wave-iv of the previous Wave-5 ending diagonal is critical to the future price movement. Friday closed a very strong bullish candle on the H4 chart BUT a red pinbar on the daily. Corrective movement here is a must for me to take a sell trade once a break towards the downside occurs.