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wave 2-3 about to completeusdcad is reaching a resistance level @1.3450 to complete the 2 wave.
next wave 3-4 could be pull back until 1.33580 and finally targeting 1.34360 !!!
Sh***s and Giggles OPTION 2I have gotten in on this trade... As of now it looks like the 4 has more room to go up and is going to see how high it can climb before coming down.
From what I see it has a lot of room to soar; the ceiling (Base of wave 1) is high.
Soooo, I thought... if I were to calculate for that, what would it look like??? And this is what I came up with...
Audusd: NU's brother from another mother. ON H4 I see a 5 to A. Much like I saw for NU. Looks like this finally caught up.
Hopefully this goes straight into a sell.
Easy as ABCSimply look left... Each point of conflict has been mapped out. Now we just need to respect history to avoid any surprises.
I am shorting this pair. Selling 5 - A. Leaving B ALONE. Then resuming my short, but Selling B to C.
EURUSD 5 to A TradeElliot Wave. Correction pattern beginning its 5 to A run. See notes on charts.
Only concern is the down force of 5... may prove to be too much and continue... Place stops appropriately.
USD/JPY Elliot wave 1234->5Seems that USD/JPY pair is making a 12345 Elliot wave's last impule in February.
Strong support @ ~112.6 which is Fib. 38.2% of second impulse (2)-(3).
Expecting to go UP, but only up to a trend line formed from last years'
S***s and giggles. GJ DAILY I don't really trade this pair. Not one of my fav's but did it for a friend.
Its an ugly wave, but it would be a waste not to post it up.
We are looking at a 4 going to a 5 on the Daily.
Im not going to trade it but... feel free to look up it as price action walks us home.
3 Feet from GOLDI have been patiently waiting on gold since someone told me that it was going to turn at 1205. Now it looks ready.
I see an Ewave 4 to5. Happening. So gold NEEDS to man the hell up and prove price action right.
Ewave with SUPPLY and DEMAND zonesIts its just like its described. My projection for what I expect to happen for A cad...
Time will tell if I am right.
As always, trade your own thoughts! Adapt this to whatever works best for you.
GBPUSD, Ending Diagonal? One more up or down?It's alright to miss the short term buy. But when it starts to break the
Ending Diagonal looking structure, Don't Miss The Sell !!
waiting for correction before going long !!! eurusd broke the structure and now looking for corrective move before sailing the third wave up.
EUR/JPY - 2H Chart - Overbought condition in RSI.EUR/JPY, 2H Chart. RSI (9) + EMA (21,RSI)
RISK REWARD RATIO: 5.14
Overbought condition in RSI indicator.
Short entry @113.61
TakeProfit @111.50
Stop Loss @114.06
USDCAD long term planLooks like we may have entered into an ABC correction here. Price broke through trend support and then bounced off 2015 key level which could mean we are entering into the B leg for a long, and then a C leg for a short.
