Abcpattern
NZCAD Potential Sell Setup, wait for corrective structure.Hi Guys, All NZD pair have good sell setups forming, I'm gonna post as they develop; NZDCAD has one more down to complete abc structure then up move before major sell to downward in future because in all cad pairs, major down move is expected. Good luck
Expecting down move in EURUSDWe had a down impulse end of last year and are in a correction since this year. I’m expecting the pair to at least go down to the bottom of the channel soon. The correction might even be over, so we could as well break the channel and go below $1. Alternatively we have one more up from the bottom of the channel before we move below $1.
ABC IN EURGBP - 4H CHARTHey Guys,
Red or Blue?
Watch for the last flag, we could brakeout and make the red move or reverse and complete the blue ABC structure before the big drop.
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Hola Chicos,
Rojo o Azul?
Al tanto con la última bandera, podría haber ruptura y hacer el movimiento rojo o hacer reversión y completar la estructura ABC azul.
Carlos
Corrective wave in play but EUR BULL's should return...Hi All,
We've seen some nice moves from EUR over the last few days giving support that EUR BULL's are definitely in play. However, looking at the updated count, a retracement is due after an impulse which plays out nicely with a gap due to close.
Updated count:
Count update (Big Picture):
Wave 1: From the bottom, a leading diagonal impulse.
Wave 2: Running Flat
Wave (1) of 3: Latest impulse with the round 1 results of the French election as marked in blue
Wave (2) of (1) of wave 3: A corrective ABC is due after an impulse so expect USD buyers to be in play.
Forecast wave: If the Macron results in the round 1 elections was anything to go by, I expect the results of the 7th May French Elections (should Macron win) play a massive part in pushing this pair right up
Exciting times ahead...
Happy Trading!
RE-ANALYSIS IN EURAUD - DAILY CHARTHey Folks,
We broke trend so we now have a B wave forming up which I expect to turn at some point of the upper structure into a final C wave.
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Hey chicos,
Tendencia rota entonces tenemos una onda B formándose que espero que en algún punto superior de la estructura desarrolle una onda C.
Carlos
DXY - Big PictureBig Picture:
USD Index look like it is ready to fall based on the fib and the wave pattern. The only question i'd like to know is 'is it ready?'
Wave breakdown:
1. From the top, there is a clear and clean 5 wave impulse down.
2. From the bottom, I have marked out a fairly clear corrective Flat (5-3-5) wave structure.
3. Of the corrective ZZ, A vs C ratio has extended to 1.618% - a usual termination point.
4. Retracement of the impulse has hit 0.618%
Let's watch and see what happens but signs are that USD is about to drop.
Happy Trading!
USDCHF Retroceso, uso de Fibonacci y patron ABC, 100 pips gainAnálisis que hicimos en la clase de HouseTrade con Justin Adams, Master Trader de SwipeTrades de iMarketsLive, el Par USDCHF muestra un retroceso y es probable que llegue al punto clave del Fibonacci 61.8% y de ahi al ser un movimiento en corto de alrededor de 100 pips con un StopLoss de 30 pips cerca del punto 1.00477, por lo tanto podriamos poner la alerta con esos datos
CORRECTIVE STRUCTURE IN GBPCHF - DAILY CHARTHey Folks,
Here we have a great structure. Expect a down move to complete Minor wave B and then a last move up to complete de Minor ABC pattern.
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Hola Amigos,
Tenemos una excelente estructura. Al tanto con un movimiento bajista para completar B y despues un último movimiento al alza para completar el patrón ABC.
Carlos
DOWNTREND IN AUDCAD - 4H CHARTHey Guys,
We may have Blue or Red:
Blue: More downtrend.
Red: One more up and then have an ABC correction to sell.
Watch for these moves!
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Hola Chicos,
Tendremos camino Azul o Rojo:
Azul: Continuación de la tendencia.
Rojo: Un movimiento más arriba para hacer una corrección ABC y después caer.
Estad al tanto!
Carlos