SuperMonkey0

SuperMonkey0

GOLD Long Setup Continuation trade: 👉🏻 As mentioned in my very first post here on this very bull run, price is just making series of HH and HL. We are in the middle of a Wave-3 here, which is endlessly impulsive. 2.618% level has been broken, next target is of course 3.618% with a resistance in play also at the very same level of $1965. 🤤 Members have entered...

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XRPUSD Long Setup Continuation trade: 👉🏻 After last week's bloodbath on all cryptos, Ripple has completed its possible ABC correction and tagged 0.65100 as a 78.6% retracement of the bigger structure. This ABC move consists of a 3-5-3 move from the highs of 0.89246 to the lows of 0.65100. Lower timeframes showing a retrace to the 61.8%, ready for a move...

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EURUSD Short Setup After a long trending EURUSD, price has finally broken out of an ending diagonal (usually indicating a reversal). Price has also tested the trendline, an optimum entry would be a break below previous wave-iv. Overall is still an uptrend, short term selling may be done with caution.

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GBPAUD Short Setup Price broke out of a ending diagonal, and broke previous wave-4. Next level is the previous significant demand.

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GBPJPY Long Setup Continuation trade: 👉🏻Price is making multiple continuation pattern in the lower timeframes, fails to break lower as well. Elliot Wave Count also shows a triangle formation of ABCDE, indicating a Wave-4, breaking upwards will form the extended Wave-5. Target of Wave-5 will be the same as Wave-1 (~338 pips)

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EURCHF Long Setup Continuation trade: 👉🏻 Similar to EURGBP, it is making a pullback on its minor trend, still holding with strong demand zones in the lower timeframe, hence the consolidation at the area. Market order will not be placed straight, it must still be monitored. Targets have moved down too, since Wave-5 is usually equals to Wave-1, price will touch...

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EURGBP Long Setup Continuation trade: 👉🏻 This minor pullback is healthy as it significantly breaks the previous minor wave-i at 0.86317. Wave-iii in this major Wave-3 will be expected to break the major supply zone and reach our next target. Major zones may be referred here.

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GOLD Continuation trade: 👉🏻 Price is really testing this 2.618 level ($1884). Multiple bearish signals are showing. Small pullbacks are normal but never go against this trend! 2 reasons: this is gold AND we are in the middle of a Wave-3.

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EURGBP Long Setup Continuation trade: 👉🏻 Wave-2 is a corrective wave of ABC. Now we are preparing for the most impulsive Wave-3

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EURCHF Long Setup Continuation trade: 👉🏻 Otw to target NO DOUBT! Too many overlaps, it must be a corrective movement, WXYXZ as plotted. Huge impulse->Correction->Impulse

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GBPJPY Long Setup Continuation trade: 👉🏻 PO for Elliot 5th Wave, rough 1:1 R:R, not great but it's still within my area of proper risk management and strategy. Price to break above wave-d for setup to be valid

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USDJPY Long Setup Will be trading the minor impulse wave (Yellow Wave), target is 2.618% of the major 1st wave. Further upside movement will be evaluated further if this plays out

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XRPUSD Long Setup 👉🏻 Super long! Ripple is one of the few that is gaining during this recent 'BTC crash', besides Cardano, Polkadot etc... Elliot Wave Theory suggest that after a correction, there will be an impulse.

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GOLD Long Setup Continuation trade: 👉🏻 Price broke the 1.618% Fib extension, next level will be the 2.618, if breaks further, 3.618 is the following target. We are in a bullish impulsive phase, forming HH and HL since the double bottom formed in the month of March'21.

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EURCHF Long Setup Continuation trade: Long term bull on this pair, we have seen the major spike in March 2021. Now is the corrective phase and very much beginning for another impulse wave to the upside.

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NZDJPY Short Setup ABC flat correction with a 3-5-3 move Elliot Wave Count:

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NZDUSD Short Setup Similar to EURUSD, we are in a corrective phase to the downside to form a Wave-2, which will most likely consists of an ABC corrective move. Wait for price to make a wave-B up then a possible short position may be taken to target 0.70600.

SuperMonkey0

EURUSD Short Setup Continuation trade: As mentioned previously at a 'Possible Sell Zone', price indeed reacted to it last Friday. Lower timeframe wait for some correction before shorting to form a Wave-2/ Lower TF entry