zorrays

zorrays

Bias: Long 1, C wave (Elliott Wave Theory) 2, Ascending Triangle (Chart Pattern) 3, Bounced from monthly support 4, Target based on daily resistance

zorrays Updated 

BIAS: LONG 1, WEDGE PATTERN 2, C WAVE

zorrays

BIAS: Short Over the weekend, there will be a gap to the upside so there is still a good chance to get in this trade as it has broken the neckline. This is also B wave within the corrective phase of Elliott Wave Theory. I don't usually trade B waves but with the confluence of the H&S it looks pretty promising.

zorrays Updated 

BIAS: SHORT Wow, this is a very slow pair, I used to underestimate those rumours. After that huge bullish run, I have been watching this ascending channel form for quite some time, which indicates to me we are either expecting a reversal (doubt it), or a nice retracement - it has broken it but waiting for a daily closure in order to trade it. 1, Currently...

zorrays Updated 

BIAS: SHORT WEDGE 5TH IMPULSIVE WAVE TARGET IS BASED ON FIBONACCI CLUSTERS (EXTENSION + EXPANSION) + MONTHLY SUPPORT

zorrays Updated 

BIAS SHORT: IN TERMS OF TECHNICALS NOW THAT ABC PATTERN IS COMPLETED, IT HAS CREATED A WEDGE PATTERN WHICH IS ABOUT TO BREAK. I BELIEVE THIS WILL CREATE ANOTHER IMPULSIVE WAVE AND THE TARGET IS A COMBINATION OF FIBONACCI CLUSTER + MONTHLY SUPPORT ZONE. WE SHOULD BE EXPECTING AT LEAST BETWEEN 300-400 PIPS ON THIS TRADE AND CAN EXPECT TO RIDE IT TO THE...

zorrays Updated 

BIAS: SHORT 1, FLAG PATTERN 2, 5TH IMPULSE SUB-WAVE LEG 3, DOWNTREND

zorrays Updated 

Technically, US Oil has entered the 5th impulsive sub-wave Waiting for an entry on smaller timeframe such as H1/H4 - Will update accordingly

zorrays

BIAS: LONG WEDGE PATTERN AND 5TH LEG ON THE ELLIOTT WAVE JUST BOUNCED OFF OF DAILY SUPPORT AND ON ITS WAY TO DAILY RESISTANCE

zorrays Updated 

BIAS: SHORT 5th Wave of Elliott Wave Triangle Pattern This is not valid until that triangle is successfully broken.

zorrays Updated 

BIAS: LONG WEDGE PATTERN RSI DIVERGENCE BOUNCED FROM MONTHLY SUPPORT CURRENTLY IN CORRECTIVE PHASE STERLING HAS SUFFERED A BIT TOO LATE - ITS TIME FOR A U-TURN.

zorrays Updated 

BIAS: LONG 5TH IMPULSE WAVE OF ELLIOTT WAVE TRIANGLE PATTERN

zorrays Updated 

BIAS: LONG Wedge pattern + RSI Divergence Expecting a new impulse wave on this Elliott Wave

zorrays Updated 

BIAS: SHORT Looking at this short based on the the Elliott Wave Theory. Now the previous impulse and correction in my opinion has been completed and this pair is ready to start a new impulse wave and this is determined by the flag pattern the correction wave has created. Targets are based on Fibonacci clusters and daily support level.

zorrays Updated 

Bias: Short 1, Wedge Pattern 2, Downtrend 3, RSI Divergence Target: Based on Fibonacci Clusters + Monthly Support Zone

zorrays Updated 

BIAS: SHORT CONFLUENCES: 1, Flag Pattern 2, Ready to impulse 5th wave of Elliott Wave Theory 3, RSI Divergence Target is based on Fibonacci Clusters which will determine the potential end of this whole impulse wave

zorrays Updated 

BIAS: LONG 1, MONTHLY SUPPORT 2, INVERSE H&S ON DAILY (SEE BELOW) 3, WEDGE PATTERN (CONTINUATION)

zorrays Updated 

BIAS: SHORT Triangle Pattern