GBP/USD (GBPUSD) - Updated Elliott wave countGBP/USD (GBPUSD) have completed (A)(B)(C) zigzag pattern in 4 hr time frame, Now it is correcting down in ABC zigzag in 15 min time frame, where it has completed B wave and starts moving down in C wave. It is in 2nd subwave of C, which end soon and again falling in 3rd subwave of C down. Invalidation level must hold to retain the count valid.
Currencypairs
AUDUSD | Sell after confirmation!Hi,
AUDUSD has started to reach to the high-probability short-term reversal area. The price increase has been pretty amazing so, a bearish candlestick pattern inside the marked area is definitely needed.
Criteria:
1. 2x AB=CD
2. Channel projections crossing area
3. 2018 low should act as a resistance
4. The round number 0.70000
5. Fibo Extension and retracement
6. Wait for a bearish candlestick pattern formation from 4H timeframe - Evening Star or bearish Engulfing needed!
Do your own research and please, take a second and support my effort by hitting the "LIKE" button, it is my only FEE from You!
Regards,
Vaido
NZDUSD | SellHi,
Firstly, watch out for NFP but the area looks promising:
1. Channel projection
2. AB=CD
3. Strong area
4. Trendline
5-7. Minor short-term trendlines, AB=CD etc.
8. Wait for a bearish candlestick formation around the entry area!
Do your own research and please, take a second and support my effort by hitting the "LIKE" button, it is my only FEE from You!
Regards,
Vaido