D1
USDCAD Multiple Time Frame Analysis and Trade IDEASUSDCAD Multiple Time Frame Analysis and Trade IDEAS
Daily or Swing Trading Opportunity: Time Frame D1 or 12Hr Chart
The daily chart is showing a completed ABC zigzag pullback. I like to call this the PC pattern
We have opportunity both on the D1 chart to take the Next Wave 5 Down within this Wave 3 down
Also there is a potential opportunity for he Intra-Day traders.
Intrad-Day or Day Trading Idea: Time Frame H1 or M15
There is a potential setup that can be taken on the H1 or the M15 chart tomorrow at Frankfurt Open.
Audchf D1 Consolidation Break Out !If you a wondering what to do with this pair you are not alone. This is why it is important to have rules for your strategy.
According to my strategy price is currently consolidating, which is not necessarily a bad thing. It means sometime in the near future we can expect a big move. Based on the on the weekly chart i have a sell bias on this pair and would love to see a move to the support that has no been retested. However, it would be unwise to ignore the upward direction that audchf has been going on the D1 chart.
So in conclusion, what i will be looking for is a break and retest of the range price has been consolidating in and then i will be monitoring price action on lower time frames looking for a retest of the broken structure before placing a trade.
Dont forget to like and comment if you have any questions.
GBPUSD: WXY Wave B(2?) complete?Elliott wave idea is that we have completed a WXY complex 3 wave correction of the primary move up. The correction completed within the expected time, and almost reached the 0.5 retracement (B wave).
Entry was done on H1 when we had Bulldiv and entered using the Miner TR-1BH method.
Stop is below previous candle low.
Risk 0.2%
R 25.06
There is a fair chance that we still come back to touch the bottom of the channel and the 0.5 fib line. I will re-enter if that happens (will be stopped out).
If we continue up, I will add on the first retracement.
I will take 50% off at the 0.618 extension, and the remaining off at the 100%.
Let's see!
USDJPY Gartley D1On Wednesday 13th of November there will be major USD news (CPI m/m and the Core CPI m/m.) I'm expecting this pattern to complete on that same said date. I'm expecting the actual value to be less than the forecast which would then push UJ to the downside. I would suggest however to take note of this, wait on the news to be out and if the actual value is less than the forecast, (bad for the US currency) you can short! if however the actual is greater than the forecast i would suggest keeping away as it can cause the pattern to fail.
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D1 XAUUSD SELL NOW + FUTURE PROJECTIONHighly respected resistance level has been obey this position is now live i have sold now and i have a buy limit order which is via the graph
Entry - as soon as possible
SL - 1556.51
TP - 1522.75
(slightly early exit to avoid major support level)
Buy limit (for later)
Entry - 1521.80
SL - 1515.5
TP - 1538.2