Flat
Kiwi/Yen breaking down wave structure! As I dive deeper into EW theory my analysis and way of looking at charts has changed. Here's an update to nzdjpy outlook. I'm long and strong! :D
RE-ANALYSIS IN EURCAD - 2H CHARTHi Traders,
I wanted to share this Re-Analysis of a past idea I published. If you want to check it out the past idea is linked to this one.
We are still analyzing the corrective structure. In a first beginning it looked like a converging flag and we expected a move up but it went out of structure and now we can identify perfectly that we are getting a corrective Flat.
Short term is a buy, it could either make a Running Flat or brake the top to become an Expanded Flat. Afterwards we will get a sharp impulse down.
If you want to buy wait for a corrective structure where the arrow and then buy breakout.
I am very interested in the downtrend move since it's the big trade.
Carlos
Simple flat corrective structure, bullish flag! as with all GBP pairs I believe we will have more upside before the downside. Trade responsibly! :D
Flat correction I went short yesterday on this pair but got stopped out and now i see a flat correction being made
If it closes before the starting point of wave A i will be going long as we are on wave C on the daily chart.
When I enter I will update you guys on my comments
This is just an idea i do not hold responsible for any losses
Elliot Wave Analysis - Medium TermWe are currently in a bullish correction of wave 4 which can be a Flat correction or ZigZag
The breakdown of the green line confirms the end of bullish correction of wave 4 . A short entry is possible after the breakdown of that green trend line to the target of wave 5 shown in the pink circle
The correction of the current wave 4 can go up to the 2.618 red fibo level which intercept the upper red line of the current main bearish channel which seem to be a Diagonal Pattern
**If you like the analysis give a LIKE and press the FOLLOW button to get the latest ideas
Thanks
A flat correction most likely hereGold has a sharp decline in the last few months. During the decline there is a sharp correction at October. Now it is more likely a flat correction here.
Good luck for everyone!
Copper - Correction may have endedI personally don't trade this asset but it has devoloped a setup for my strategy.
An ABC correction/ Flat has run it's course and we currently have an impulse and a flag to the upside.
Byuing the break of the flag looks like a good idea.
GU Flat corrective structure! Traders! What's up? Lookin' like a textbook flat forming here on GU. I'll be looking to go long next week! I will watch for a break to the downside for an expanded flat, but as of right now it appears to be respecting the lower structure! Setting up for impulse 5! :D
Thumbs up if you agree, and comment some feedback! I appreciate you ;)
Thanks for checking it out, and may the pips be with you!
GBPUSD DAILY IMPULSE SUBDIVIDED - 1H CHART Hey guys,
Here's the other analysis I have been studying. GBPUSD
We have broken the daily ABCDE triangle, you can look at my past analysis linked to this idea.
Now we have a new downtrend impulse so we want to look for a sell.
We may have an expanded flat already over at the 0.382 Fibo and then we can trade the next flag or we could still have a zigzag correction until the 0.618 Fibo and then down.
Watch for both moves, I will update this idea with my final decission on the sell.
Carlos
ABC CORRECTION IN AUDNZD - DAILY CHARTHi Folks,
One more analysis. I really have my hopes into this trade, working with a buy limit order.
We have a past eliott motive wave (12345) followed by a perfect ABC ZigZag correction since it is formed by two "threes" and a "five".
At the end by -C- point we have a small extended flat followed by a downtrend channel consolidation.
My final prediciton is that in the 0.786 level the market will bounce, without breaking the bottom level. If it does not touch the level 0.786 then it will brake and start the new motive wave.
Carlos
Dollar Index, going into 2017!Watching, and waiting. Let's see what happens! Happy new year everyone!
Merry Christmas! approaching the top of the Daily TLYa'll already know I'm shorting the shizz out of UC. Trying to sell from the top. Looking to place a sell when we get to the top of the D structure! Happy Holidays, be blessed and trade responsibly ;)
Kiwi/Yen outlook into 2017! Looks line an expanded flat correction completed or nearing completion here. This could be monster move down with great R/R. I've closed 100 pips on Friday close and I'm only looking for short set ups on this pair! Give me a thumbs up if you like the idea and leave me some comments on what you are thinking! :D
*if you're new trader do not trade my set ups or ideas unless they add up to your analysis! #100 ;)
We can learn together!
Kiwi/Loonie Outlook into the new year! Combo correction? Price has started into a correction. Appears to be making an expanded flat combo, to me at least! Traders, what do you think? If you think it's a good Idea give me a thumbs up, and as always I appreciate comments! :D
USDJPY. Another possible count. Waves 4-5 are pending. Big FlatThis is another possible scenario. As wave 4 with large correction has not been seen yet then
we have enough room to reach the top and that means Flat Correction...Big!
Range 125.86-98.78 is in play then.
AUDUSD - Bat pattern confluence with ABC Flat correctionOn the very last piece of data we have, It's currently in a correction for more down.
Like if you agree with our analysis and comment if you have alternative in mind.
Thank you.
Shortterm downsideSee some more downside ''Possible C-wave'' completion
Potential move up near-term..
Watch for possible ''ending diagonal''
on lower time frame for market reversal
EURUSD watching for corrective channel breakdown I am tracking EURUSD corrective structure since very long. I am expecting that we will see bearish wave in coming days and i think EURUSD again will hit 1.04000 in coming days. If price breakdown small corrective channel with impulse then look for sell and in case price break up this small corrective structure and break back the channel line in then look for sell from upper flat channel line.
GBPUSD Free Trade Signal on 16th September, 2017Trading Strategy:
Shorter term, we are expecting one more upside and same time nearest resistance need to be break to confirm the trade.
Action
We are suggesting buy limit @ 1.3290 with 1.3190 stoploss and target should be 1.3540.
