Possible scenario for EURGBPThis is My current view of this pair, the price is in consolidation, a ABC correction pattern ? EURGBP
Abcpattern
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
ABC touch&goif the price comes back to 1.0680 I'll buy the "touch&go".
Target 1.0900
Stop Loss below 1.0600
Risk<1%
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 GBPNZD - 4H CHARTHey Guys,
Top broken so look for a sell set up!
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Hola chicos,
Resistencia retesteada así que buscad banderas de venta.
Carlos
REVERSAL IN GBPCAP - 4H CHARTHey Guys,
We could get a brakeout or one more up before breakout. Watch for these moves!
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Hola Chicos,
Podríamos tener ya ruptura o uno más arriba antes de dicha ruptura. Estad al tanto!
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
GBPUSD ABC patternThe GBPUSD looks to be completing an ABC pattern . At around 1.283 we have the AB=CD level where we are expecting to see some signs of supply entering the market. If prices break and close strongly above 1.283 we will be looking towards 1.300 zone which represents the 1.27 AB=CD.
Expecting the market to wave upwards so as long as prices remain above 1.2400 , we will be looking for buy signals on pull backs until we arrive at the 1.277-1.283 zone.
Short DAX opportunityDax has recently broken out of a rising wedge which has been forming over the past months, it has managed to recover and is close to the lower part of the channel, currently in what seems to be a bullish pennant/flag in the 5m TF, which could send DAX to 12,060 before it begins to drop.
Entry: 12,060
SL: 12,123
TP: 11,780
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RRR: 5.18
Trade with care.
Gold ShortGold looks to be forming a nice reversal at the 78.6 Fib. Technical targets would take it to the 1.27 Projection of BC around 1180
BREAKOUT IN EURCAD - 1H CHARTHey Traders,
Hope you had a great weekend. We have an opportunity to sell soon in EURCAD.
As soon as we get the breakout look for any flag to sell for a pontential bearish impulse.
Keep an eye on it.
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Hey Traders,
Espero que hayáis tenido un buen fin de semana. Pronto tenemos una gran oportunidad de venta en EURCAD.
Así como se produzca la ruptura de la tendencia buscad cualquier bandera de venta para entrar en un impulso bajista potencial.
Id echándole un ojo.
ABC STRUCTURE IN GBPAUD - 4H CHARTHey Traders,
I wanted to share my view on GBPAUD.
We are about to end B wave so I am looking for a mid term trade from the end of B to the end of C wave.
More than 1000 pips! Will be posting updates.
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Hola Traders,
Quería compartir mi visión en GBPAUD.
Estamos a punto de terminar la onda B y mi objetivo es hacer un trade desde el final de esta hasta el final de la onda C.
Más de 1000 pips! Ire publicando actualizaciones.
FINAL ANALYSIS IN EURUSD - 4H CHARTHey Traders,
Just wanted to share what I think is my final analysis on EURUSD.
2 chances
Red: More upside and then complete the 3 wave correction in a sharp shape
Blue: One more down before the C wave.
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Hey Traders,
Solo quería compartir el que pienso será mi análisis final en EURUSD.
2 posibilidades:
Rojo: Continuación al alza para terminar la correción de tres movimientos de manera afilada.
Azul: Un movimiento más hacia abajo antes del tercer movimiento de correción C.
SHORT SET UP IN EURUSD - 1H CHARTHey Guys,
Simple idea. ABC structure finished so look for a flag to sell and get in the trade.
The flag we are looking for is simulated by the red arrow.
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Hey Chicos,
Idea simple. Estructura ABC completa así que buscad una bandera para vender y entrar en el trade.
La bandera que buscamos está representada por la flecha roja.
Carlos
P.D. A los de iMarkets. Mañana webinar a las 4 PM España - 10 AM Nueva York. Hasta mañana!
