This two corrections looks like similar structure. Then we can see one more down before up move. Should wait for confirmation before entry.
We expect one more small up move, after that continue to fall . Lets wait and see....
Expanded Flat Correction to the last downside on DXY
I think, this is a long term trade short setup for USDJPY, wait and see the correction, after confirmation then sell...
The parity continued to fall until now as we expected. However, before reaching the bottom point we can see a upward movement.
We can see one more up at Eurchf. But the long term trend is down side. Which means that I expect its to continue to fall nicely. Lets wait and see.
After a correction process of approximately one month this pair reached .618 fib. level. At the same time we are seeing divergence at the H4 Time frame. it may be possible to see a quick downward move. should wait for confirmation before entry. Lets wait and see.
Hi guys, When we look at the daily chart of the silver we see a big upward movement possibility. But for now the graph is showing us that one more possibility of a downward movement is still valid before a big up movement. You can watch it from this level up to the blue box I showed in the chart, then sell again. Lets wait and see...
We can see one more up on GBP/NZD later down. Lets wait and see.
GBPUSD looks like completed nice expanding flat. Keep an eye on sell opportunity and before entry, should wait for confirmation. Lets wait and see...
The parity continued to fall until now as we expected. However, before reaching the bottom point we can see a upward movement.Lets wait and see.
We can see one more up at EurJpy. But the long term trend is down side. Which means that I expect its to continue to fall nicely. Lets wait and see.
USDJPY moved up after a long correction. And most of traders expect the USDJPY parity to go up even further. But according to me, this parity is in the last correction wave (C wave) and this wave is not completed yet. As is known, this wave consist of 5 small waves. And yet we only saw 4 waves. Therefore there is one more the possibility of seeing a final downward...
we are currently watching this pair for a potential continuation. We know this pair likes to consolidate before moving with the overall trend direction, We are now waiting patiently for a potential move to the upside again.
GBPCHF looks like completed daily big ABC correction and diagonal. If it breaks the red line, this can be the beginning of a long downward movement. Should wait for confirmation before entry.
USDCAD looks like completed daily correction as we expected. After that we can see small up corrections before break the RED trend line, if it breaks the RED trend line, this could be beginning of the long down move. Should wait for confirmation before entry.
GBPCHF possible targets if it returns to bearish. lets wait and see...!!!
We can see one small up move at Silver, after that I expect its to continue to fall.