anilmangal

anilmangal

Au 200 in a consolidation ,selling the breakout for a target to the trend line .

anilmangal

Buying the breakout

anilmangal

EURCHF is in a daily corrective structure .If looks like we made an impulse up as a leading diagonal and is now completing a 3 wave abc correction . I will wait for a lower degree impulse out of this C wave down move ,then a consolidation before I buy.

anilmangal

EURNZD pair has finished it's daily correction and made an impulse up ,I am waiting for a corrective move down then i'll buy the breakout for the next impulse up. We made a lot of nice traders on the first leg up in this move and I still have one small trader going from the very first entry 1346 pips up ,I intend to keep it just to see how far it can go .If we...

anilmangal

AUDUSD is making a bear flag. Will be looking to sell on the break of the flag.Divergence in play

anilmangal

OK so it seems like it will make one more down move.

anilmangal

There was a lot of noise when I label the second wave as a wedge ,One trader say's it will be his first time in seeing a wedge after the first impulse .Well here is one "Just for you". I Prefer to say I look for wave patterns and not Elliott wave patterns since some of my patterns although based on Elliott's teachings differ a little from his findings . I believe...

anilmangal

Looks like this pair is making a rising wedge. Divergence in play so I am expecting it to break for a correction.

anilmangal

Gold ,like silver, is in a similar pattern so i'll waiting on this one to also breakout and consolidate either way before i trade it .

anilmangal

Silver is still in the daily correction .It's is locked between two trends so i'm waiting for the breakout and consolidation before I make a trade.

anilmangal

The 60 min trend is down ,looks like one more leg before it turns .

anilmangal

This is an option of how this structure may develop, let's see. If you like and agree with this analysis as a whole or in part ,please click the thumb at the top. If you have a different version of how you see it please post an attachment here .

anilmangal

This is an option of how this structure may develop, let's see. If you like and agree with this analysis as a whole or in part ,please click the thumb at the top. If you have a different version of how you see it please post an attachment here .

anilmangal

The GBPUSD looks like this C wave is making an expanding ending diagonal ,selling the break for the 5th impulse is a good idea. If it is an abc then i'll be buying the breakout after a lower degree consolidation.

anilmangal

USDCAD -Ending diagonal ,sell the breakout . Still in the up trend so this move down, for now, is corrective so unless you have the skill to trade corrective markets don't trade it .

anilmangal

Looks like a falling wedge on the AUDUSD 15 mins ,let's see how it plays out.

anilmangal

looks like the daily correction on the GBPAUD is not over . With divergence in this up move and the structure it's making I am expecting one more down leg for C WAVE. If you are in the buy (and you should be if you trade this pair them move stops to protect. I will wait for confirmation of this on a lower degree , break of up trend ,down impulse then a correction...

anilmangal

THIS up move could be corrective as well as impulsive . Nice setup.