AN did a 7 swing type structure off a pitchfork and the 1.236 fib extension. It will be corrective most likely. I just want to see if it does a larger 3 wave structure for me to decide on TP's. I consider it to be in a down trend though long term, so I'm looking at this as scalping opportunities. I closed EA buy scalp in profit and am liking the GA sell. I will do...
The way GA broke the high basically creating a 3 wave with an ending diagonal makes me think it may create a large flat pattern here possibly. It has potential to go down much further. It did already create a flag and technically did already complete a correction. It almost looks as though it is making a buy setup right now to extend this flag further, but may not...
Price action, pattern creating nice divergence. I would look to those fib levels for shorter term targets but would definitely want to leave some gravy train running and see where it takes me. My weekly outlook will go over these CAD pairs
I bought EA before the little breakout. Could be real nice trade, could just correct and continue selling. I'm still on the buy side on this pair for now.
Uchf broke fork and trendline. It could produce a downward correction though before it does larger retracement and refer to my old markup, don't have time to explain right now.
I've been in the UJ buy. It hit my fib extension for the pattern I have been looking for. But if UJ was to break to downside, when I measure out both its wave patterns down it could possibly have an extension down to 104.00 level. But regardless, I will continue buying and holding for the long term. The 7 swing would come up from here. Use risk management. I see...
NJ looks like it made a flat that now appears as a flag for buy on 4hr. Could be huge trade, possibly, but at least looks like it wants to break out for at least a little correction
Ecad produced a good sell setup. Broke fork, ending diagonal, came down and broke trendline. May correct/ form flags for entry points. My initial targets are the horizontal lines.
EN looks to me on the 4hr likes it wants to spike up one more time at least. NZD news in an hour
I have been back and forth on this thing a little bit, but it is consolidating on 15 min right now to possibly break out. I was just thinking, the fact that it broke the trend line doing a flat, it actually checks out to have possibly corrected a leading diagonal and it did trap sellers before it broke out of consolidation. There is potential for it to go up...
Screw you EA, fine. I finally sold EN and Ecad.
EA did that running triangle I talked about, broke the high, but then did a flat pattern. Those green lines were my original targets. That box is equal length to wave 1 which would be the 1.59000 level exactly. Come on guys, watch the videos so you can fully understand my analysis, and not miss trades. The entry on this and GN should have been earlier, but looks...
I will look to scalp to those fib levels, if it breaks low I will not hold it. It made a diagonal, pulled up, then corrected It needs to break out of this trend line. It is possible you get it to go up for a C leg which would be a lot of pips but it looks like it's going down, I just would have expected one more up but the way it looks and considering NZD, hard to say.
Ok, I will try this 1 more time. I will look to scalp to that zone, get scalp to break even and see if it will break the high.
They wouldn't let me post anymore last night, I hope someone watched my video and got a perfect entry on UJ buy. This is a long term buy. Very long term. I am stop in profit with some other small swings stops not in profit and will continue trading UJ until I get one to ride for the long haul. It did a classic 7 swing and came off the 618/382 fib (seperate time...
NJ is a potentially huge trade. That is, if it went up from here. It broke then shot off .618 and diagonal, but you can't ever expect them to just "go". maybe it is. Maybe use a limit or stop order, wait for better confirmation? But pattern wise I expect one more up
This was the only pound pair I got in because it had a flag, but horrible market conditions this week where stuff is at
May just be a scalp, may be more, I like to try to at least take these patterns to the first low.