EURO is doing huge bear flag and might break down on longer cycle. We are in corrective structure making flag making D wave. Apparently, given more chaos and currency price wars we can slid down to a parity as 1$ -1euro. though we have chance to bounce back and make E and then drop down. For Near Short term, it might make flag after that break of trendline...
I think we did Minor 2 of pending Intermediate wave (5) and towards minor 3 at 107.9. This is the extension of Primary C from 2012 bottom. I see the cycle top at 113 in time frame of FY '17 to Q2 '18. Refer to my previous DXY chart as linked. I will keep updating on lower TF. Happy Trading Note: Trade your own plan. This chart is for reference purpose not the...
Expect Rise of C towards 1.10 -1.11 to complete the target as c of B is on near completion. It went through great churn. I really love this pair among all the AUD pairs. It gives huge payout and quite predictable. Its been a long time I posted any charts. Missing Daily Trading. Cheerio Robus
Beautiful Short term opportunity to sell short with tight SL for 50% Retracement before furthers its bull trend. ETH2 launch is already factored in for last few 5% rallies. Enjoy the Future glorious days of cryptocurrencies. We are entering a new phase of fintech era. Happy Trading Robus
EW suggest grinding towards $2.3- $2.4 of 50%-78.6% of fib level for C. Weekly and Monthly RSI shows weakness. Confirms the larger downtrend. Find Sell setups on lower TFs. Good luck Robus
Amid all the Election noise, Worlds biggest democracy has set poll date to 23rd may 2019 and will decide the future of PM Modi. I tend to believe that NIFTY will be in sharp correction of C and will continue towards secular bull upside printing iv of (3) of 5 in EW. So for next weeks looks for sell setups and trade towards. Jai Garvi Gujarat. Jai Hind. Robus.
Best sell setup after long time. All counts are mentioned on chart. Change in pattern, if any, will be notified. ps. Trade your own strategy, This is not a trade call.
ABC of 4 of 5 of is over. expecting start of 5 of 5 of 1. Trade your own plan Good Luck
We had extremely successful long trade setup last time. Short is on horizon. expect C to test weekly low and below around 0.80XXX area. Previous Chart is linked with full wave counts. Pls refer there for more details. Don't miss this trade Trade Your Own Plan. Research your own shit. Apply your own mind. Don't blame others for wrong trades. Good Luck
Like it or Leave it. Triangle with five waves. Expecting new low. Trade your own Strategy.
Canadian dollar will be strengthen on oil rebounds. meanwhile Aussie $ is weakening, hence this pair will hit the bottom of the channel. Trade Wisely. Trade your plans.
We are doing corrective 3 or 5 waves , possible D towards 0.73000. Look for bull flag for breakout on lower tf before entering buy. Weekly remains huge corrective structure between 0.73500-0.67500 range. DXy has made significant down move. on weakness of dxy buy NZD. Trade your own plan. Good Luck
Amid Oil Farce and Dxy strength, USDCAD has retraced 61.8% to region of 1.38. The Next pending wave will follow downside. Trade your plans.
I believe as all GBP pairs this has retraced up and NZD weakness has helped it for more fast recovery. though next pending wave 5 would be towards 1.50. So find good Stop loss and short it at good price levels. Trade your own plan
I have posted GBPUSD trade on larger timeframe which is also going to hit rock bottom, that weakening will be resultant force to bring this pair down to such levels. As we confirm this larger direction on weekly construct will concentrate small trades on lower tfs. Trade your own strategy. Good luck.
it has been impulsive move within larger corrective structure. 4hr has been overbought. I believe one must try to short with tight Stop loss. I would seek at least 61% retrace on fib levels
Pending wave 5 may follow after extensive corrective abc on wave 4. I suspect it may extend some towards 1.33ish region and fall towards 1.14 and below. Idea of this post to make you understand the direction of the larger construct on pattern. This will affect all GBP pairs accordingly. Create your own trading strategy and discipline to trade this...
Extension of Primary 5 with 50% consolidation in form of ABC will conclude the sideways and extension towards 1.48 and above. all DXY pairs are tend to trade in same directions. Good Luck. Trade your own plans.