WrightWayInvestments

WrightWayInvestments Updated 

Hello fellow traders, as we can see USDJPY is urgently trading in a descending channel and reached a point of resistance. This resistance is also confirmed by a key FIB level @.786. If this holds we can expect to see price move towards the next support around 128.00. Upgrade your trading with me For FREE SIGNALS and if you would like to see updates on this idea...

WrightWayInvestments Updated 

As we can see EURUSD is currently in a bearish sentiment. It retraced to the 61.8 FIB level which is a key fib level for the second wave of the Elliott Wave Theory showing nice resistance to the level. Next we should see a strong impulse downward if the idea plays out correctly. The SL and TP have been marked accordingly. Upgrade your trading with me For FREE...

WrightWayInvestments

As we can see GBPUSD has broke out of structure and is showing a bullish sentiment. I expect it to retrace to around the 61.8 FIB level and continue moving upward. Idea will be updated upon confirmation. Upgrade your trading with me For FREE SIGNALS and if you would like to see updates on this idea and many more please follow: @wrightwayinvestments...

WrightWayInvestments

As we can see XAUUSD is forming a rising wedge and heading towards an area of high resistance. I’m expecting it to break out the rising wedge and head down upon breaking this idea will be updated. Upgrade your trading with me For FREE SIGNALS and if you would like to see updates on this idea and many more please follow: @wrightwayinvestments...

WrightWayInvestments Updated 

As shown USDJPY has broken out of the bearish channel and showed and showed support with a bullish momentum with a double bottom and by jumping from the trend line of the bearish channel. Moving forward we can expect USDJPY to continue moving towards the target levels of 134.000, 137.000, and 140.900 with an invalidation level of this idea being at...

WrightWayInvestments Updated 

As Shown USDCHF is in a bearish channel and and has formed a double bottom indicating some bullish activity which may proceed to breakout of the channel. For now we wait for a breakout and watch to see if this idea holds true. Upgrade your trading with me For FREE SIGNALS and if you would like to see updates on this idea and many more please...

WrightWayInvestments Updated 

As Shown EURUSD has broken out of the ascending channel as i have marked up previously. I have changed the invalidation level to better fit the updated market conditions which is now set at 1.10343. The target levels for this trade is 1.05000 and a long term goal of 1.035000 Upgrade your trading with me For FREE SIGNALS and if you would like to see updates on...

WrightWayInvestments Updated 

As shown AUDUSD is showing some nice bearish sentiment. It first broke the trend line and impulsed downward to broke the structure of the bullish movement. These are indication we may be in Wave 1 of the Elliott Wave Theory. Second the pair retraced to the Key FIB level at 50% and showed a strong resistance to the upside, also breaking another trend line...

WrightWayInvestments

XAUUSD is currently showing signs of a short term bullish momentum. After showing a break of structure and reversing to the downside it looks like XAUUSD has met a nice level of support where it may continue showing bullish movement until it reaches around the 1900-1925 level where we should see a strong resistance. After reaching the 1900-1925 level we should...

WrightWayInvestments Updated 

As Shown XAUUSD has broken out of its ascending channel and impulsed downward giving indication gold may be in a bearish trend now and the trend has reversed. It seems we are in the first wave of the Elliot wave theory which is the impulse wave that is shown on the chart. We may see a further continuation or we will see a retrace to the key FIB levels of 61.8...

WrightWayInvestments

As we can see AUDUSD created a rising wedge and fell below and show great resistance at the .705 Fib level which is a key Fib level for the 2nd wave of the Elliott Wave Theory. We should now be in the formation of the 3rd wave which is usually the most impulsive wave. On the Chart I marked my Take Profit levels so we can do now is wait to see how the market plays...

WrightWayInvestments

I shared this prediction before on Jan. 10th and so far EURUSD is showing some nice rejection to the upside but to confirm the push below we must wait for it to close below the ascending channel. Upgrade your trading with me For FREE SIGNALS and if you would like to see updates on this idea and many more please follow: @wrightwayinvestments...

WrightWayInvestments

As we can see USDJPY is currently in a descending channel. And heading towards a major support level near 126.00 and 125.00. To further confirm the bearish sentiment the pair seems to be in formation of wave 5 of the Elliott Wave Theory. For the short portion of this trade I look to take profit around 126.500. After heading down for a short term sell we may see...

WrightWayInvestments Updated 

As we can see GBPAUD seems to be in a sideways channel. The pair broke out of the trend line on the H4 chart and also created a double bottom indicating price may want to go higher. This idea can see resistance around the 1.78000 area. If you would like to see updates on this idea and many more please follow and hit the like button for more!

WrightWayInvestments

As we can see in EURUSD on the weekly timeframe the pair still seems to be in an overall bearish trend. As we can see the pair seems to be in the creation of the fourth wave of the Elliott Wave Theory and can see potential resistance around the 1.09000 area before heading down to create the fifth and final wave of the entire move but we will have to wait for more...

WrightWayInvestments

As we can see USDJPY broke out of a bearish channel and showed support at a key fib area @61.8 showing that price may be ready to go up. To further this bullish sentiment a possible head and shoulders seems to be forming within the pair was well. This idea can be seen as being invalid around the 129.566 area. If you would like to see updates on this idea and...

WrightWayInvestments

As we can see in EURUSD a double top has formed and the structure of it has been broken indicating that the pair would like to push down. Also upon retracing it rejected at a key Fib level 61.8. This is also a key level for the Elliott wave theory for wave 2 indicating we are in the formation of wave 3 which should be an impulse down furthering this bearish...

WrightWayInvestments

As we can see AUDUSD formed a rising wedge and broke the structure of it pointing the pair to the downside. To further this bearish sentiment AUDUSD also rejected a key FIB level @78.6 after breaking structure and retracing. Usually this is a great indication we may be in the 3rd wave of the Elliott Wave Theory which should be followed by a great impulse...