dennoh

dennoh

Keep an eye

dennoh

AAPL D1 Alternative Count. Keep an eye. Happy Trading.

dennoh

AAPL D1, Apple stock. For those that fancy stocks here is one to keep an eye on. We anticipate the corrective structure to be a zigzag (clue from the five minor waves of wave A). Therefore, the end of wave C shall be 100% of wave A. Pro tip. 🔹A zigzag is a corrective structure comprising of three waves. Wave A, B and C 🔹Wave A is impulsive comprising of five...

dennoh

EURNZD D1 Keep an eye on this very potent buy. We shall be looking to go long beyond the end of wave 1. Stops shall be at the beginning of wave 1. Pro tip. 🔹Wave 2 cannot retrace beyond the start of wave 1. Happy trading.

dennoh

GPCHF D1. (sell alternative) Keep an eye on this possibility. Remember we don't chase price. Instead, we wait for price to some to us. We fish for the price. Pro Tip. 🔹A triangle is a corrective structure that forms on either waves 4 or B. It consists of four internal waves namely a, b, c, d & e. 🔹A conservative way of trading a triangle is wait for price beyond...

dennoh

GBPUSD H4 Keep an eye. Happy Trading.

dennoh

GBPUSD D1, Still poised up. Wait for the correction to finish and buy or add more positions. Generally we are on an uptrend. See previous monthly charts on the pair. Pro tip. 🔹Channeling guideline states that price tends to be confined in channels a good deal of time. Lets see how this pans out. Happy Trading.

dennoh

USDJPY D1, I am favoring shorts over buys. Lets keep an eye on this. This is a very potent setup. Pro Tip. 🔹 In a nutshell, wave theory is a series of Impulses - Correction - Impulse......... to infinity. All you need to do is look for those moves. You are sure they will form one after the other. 🔹 You identify impulses and corrections by just looking at the...

dennoh

USDJPY H4. Alternative 2 count. Keep an eye. Happy Trading.

dennoh

USDJPY H4. Alternative 1 count. Keep an eye. Happy Trading.

dennoh

EURUSD H4, Let's see how this pans out. keep an eye. Pro Tip! 🔹A running flat signifies a strong buying/selling pressure. Therefore, a running flat precedes strong impulsive moves. It is appears to be 'running'. Wave B ends beyond wave A and wave C terminates above end of wave B. (Your homework is to check the Fibonacci ratios for those waves on a running...

dennoh

Gold D1. The trend is up. Looking forward to some retracement before we resume the trend. Happy Trading.

dennoh

GBPUSD H4. Shall we? This is an update. In this business, you have to be flexible. All longs closed at an amazing >200 pips. We now look to sell. Let's see how this pans out. Long-time we remain Long though. See a previous monthly chart. Pro Tip. 🔹 Flexibility is key in trading. 🔹 Keep updating your set ups as price unfolds. 🔹 You can't make all the money in this...

dennoh

USDCAD H4. Keep an eye. Shall we? Pro tip. 🔹 An ending diagonal consists of five internal waves. 🔹 More often than not, an ending diagonal exhibits reduction in momentum in form of MACD divergence. 🔹 Ending diagonals almost always precede strong impulses. Happy trading.