moesalama

moesalama

in the process of ABCDE pattern

moesalama

waiting for the 5 wave pattern to complete. abcde

moesalama

still buying position going on. my selling point @ c

moesalama

am selling @ cp with stop loss @ 1.9735 target @ area mentioned @ previous analysis

moesalama

all I need to know is where will e finish to buy from. for me I need it to have a 5 wave structure. MY TARGET IS STILL @ the range of 2.0055-2.1045 which I will sell from

moesalama

a little bit of a crowded chart haha, but it couldn't be any easier! well I think I have planned out a good scenario for the gbpnzd for the upcoming couple of month. basically I got the following upcoming movement: 1. the pair will have to reach the area @ 2.0055-2.0105 before moving down, 2. I will sell from the specified area above targeting 1.8675-1.8700...

moesalama

when I started analyzing the for this pair, I started counting moving upwards not downwards as I started with a bc bc bc which all has Fibonacci expansion of 161.8 (for the bar chart). I then recognized a change in the nature of the movement, the next low did not show a 161.8 expansion therefore I thought of changing my numbering and treat it as a start of a...

moesalama

predicting some good movement on this pair for the month. I think I got an equal ABC pattern in creation, my A is fully complete (3 movement abc abc abc), my B is also done, (5 movement a, 3 very strange b structure but it is a 3, and a 5 wave c, my C started its movement with a smooth a, a 5 wave structure correction i ii iii iv and my v wave is being created...

moesalama

am planning to sell from 1.9855-60 with stop loss @ 1.9895 targeting 1.9550-75 area in which I will buy from targeting 2.0050-75 (I will adjust this price target depending on the time it will take) from there it the pair will finish the B wave and I will sell for around 750-1000 pips profit trade good trading! and good money management.

moesalama

shorting then longing from the dotted line

moesalama

1 more downward movement for the entry, the yellow area represents my entry target profits are open

moesalama

0.8360-65 will be an important price area for the pair to test before moving downwards stops @ 0.8385 were targets are atill @ 0.8200

moesalama

15 mins update for the gbp usd buying area presented by the yellow range

moesalama

a 5 wave movement? let us wait and see how this will go

moesalama

counting the waves

moesalama

holding my short position strong stops @ maximum of 0.8400 mine placed @ 0.8390 target @ 0.8215

moesalama

holding my long position strong

moesalama

selling