davidchalker

davidchalker Updated 

Gold broke low and came to find support at important fib level. Price now looks to move up in a number of smaller waves before another larger move lower. Be wary of another move lower if price should break low, as that would invalidate this count. If price holds, look for move up toward sell zone. Be careful taking long trades here, price will be erratic. If you...

davidchalker

usdchf is in a corrective structure, short trade here looks good at this time. Be wary of break upward out of this structure above the trend, that will invalidate this trade. Price should move in three waves downward toward target.

davidchalker Updated 

price has bounced and looks poised to move upward. Be watchful for price moving down below lower trend, this invalidates trade.

davidchalker

price has bounced from the move down and is now poised to move upward in this triangle structure. A long trade here looks good, with target into box.

davidchalker Updated 

Price is still in a corrective structure. Long trade on the break of trend looks good to go. Wait for break and candle close of 240 or daily, stop below previous swing low. Message me for comments or questions; Trade wisely,

davidchalker Updated 

GBPUSD appears to be in a triangle. Wait for price to break trend upward and close 240 or daily candle. This should be a three wave type of move upward. Go to smaller time frame for entry, be wary of pull back or retrace of price to lower trend. Messages or comments are welcome. Trade wisely,

davidchalker

Gold move down finished nicely, now looks to go long in 3 waves, triangle structure. Be wary of a break low of the trend, that invalidates this move.

davidchalker Updated 

After the run up started in early December, price made a double top in July. Price has been correcting since this time. Right now price has dropped out of a smaller degree structure, but is still in a correctional phase. The trade at this time is short. Wait for retrace of the move down and a signal on smaller time frame for short entry. The target area is in the...

davidchalker Updated 

AUDUSD is still a bit undecided. My bias is long assuming break upward of current futures weekly trend. Just because bias is long doesn't mean we know the future. There are two trade setups. Wait for price to reveal. the trades are: Long; watch for bounce of orange trend line. Requirement; no break down and 240 candle close with good bounce of trend line, long...

davidchalker

After a complex correction, we are nearing the end in a z wave. Price will head upward in the short term to complete the B wave, then there may be a sharp reversal for an impulsive C wave down into the 1.66 area.