Yemi_Fx1 | Short for XAUUSDFrom 1HTF perspective XAUUSD is moving in an ascending channel (Reversal pattern) waiting patiently for price to approach the area of value with a sell confluence before going short. So
I'll be considering
A Risk entry type at the top of the structure at an area of value.
Reduced risk entry after the impulsive back down followed by a tight flag or break of the flag.
Share your thoughts in the comments and show your support for the idea by liking it. Thank you for your help.
Forcasting
Yemi_Fx1 | Short for EURUSDEURUSD(Fibre) is trading and moving in an ascending channel. Looking forward for price to make a third touch with the upper dynamic trendline. If this holds then the pattern Will play out. So,
I'll be considering
A Risk entry type at the top of the structure at an area of value.
Reduced risk entry after the impulsive back down followed by a tight flag or break of the flag.
Share your thoughts in the comments and show your support for the idea by liking it. Thank you for your help.
Yemi_Fx1 | Short for GBPJPYOn GBPJPY the current price pattern is an ascending channel that's more clearer on 15min Timeframe and which is also inline with the 1HTF structure (Pattern inside pattern), if it holds
I'll be considering
A Risk entry type at the top of the bearish structure at an area of value.
Reduced risk entry after the impulsive back down followed by a tight flag or break of the flag.
Share your thoughts in the comments and show your support for the idea by liking it. Thank you for your help.
Yemi_Fx1 | Short for USDCHFFrom 4HTF perspective price has been moving in an ascending channel and currently it's approaching the upper dynamic trendline + area of value. If all criteria are met and the structure holds, then I'm looking forward for price to fall to the base of the channel.
I'll be considering
A Risk entry type at the top of the structure at an area of value.
Reduced risk entry after the impulsive back down followed by a tight flag or break of the flag.
Share your thoughts in the comments and show your support for the idea by liking it. Thank you for your help.
Yemi_Fx1 | Long for GBPCHFAfter the impulsive leg(move) price start to consolidate in the form of tight flag pattern. Looking forward for the next move which will be the minimum of the previous flag pole.
I'll be considering
A Risk entry type at the bottom of the flag structure at an area of value.
Reduced risk entry after the impulsive move followed by a tight flag or break of the flag.
Yemi_Fx1 | Long for GBPAUDOn this Pair previously price has make an impulsive, correction movement. Currently it's in a phase of correction in the form of a tight flag pattern. Anticipating for an upward movement.
I'll be considering
A Risk entry type at the bottom of the flag structure at an area of value.
Reduced risk entry after the impulsive move followed by a tight flag or break of the flag.
Share your thoughts in the comments and show your support for the idea by liking it. Thank you for your help.
Yemi_Fx1 | Short for EURNZDIf price moves to the upper dynamic trendline of the ascending channel.
I'll be considering
A Risk entry type at the top of the bearish structure at an area of value.
Reduced risk entry after the impulsive back down followed by a tight flag or break of the flag.
Share your thoughts in the comments and show your support for the idea by liking it. Thank you for your help.
Yemi_Fx1 | Short for AUDNZDPrice has been trading and moving in an ascending channel so far, currently it's approaching an area of value + the upper dynamic trendline of the channel. If the structure hold, AUDNZD will be experiencing a move downward.
I'll be considering
A Risk entry type at the top of the bearish structure at an area of value.
Reduced risk entry after the impulsive back down followed by a tight flag or break of the flag.
Share your thoughts in the comments and show your support for the idea by liking it. Thank you for your help.
Yemi_Fx1 | Short for CADJPYSame bias for the pair but looking from the 1HTF perspective we can see a more clear Price action pattern rather to be caught up on wrong side of the market if focusing on lower timeframe.
I'll be considering
A Risk entry type at the top of the rising wedge structure at an area of value.
Reduced risk entry after the impulsive back down followed by a tight flag or break of the structure.
Share your thoughts in the comments and show your support for the idea by liking it. Thank you for your help.
Yemi_Fx1 | Short for CADJPYFor the past days price has been given us an evolving of structure as we can see now.
I'll be considering
A Risk entry type at the top of the bearish flag structure at an area of value.
Reduced risk entry after the impulsive back down followed by a tight flag or break of the flag.
Yemi_Fx1 | Short for CHFJPYPrice is approaching an area of value in a correction manner(in the form of a small ascending channel). If price pushes up to that level
I'll be considering;
A Risk entry type at the top of the structure at an area of value.
Reduced risk entry after the impulsive back down followed by a tight flag or break of the flag.
Share your thoughts in the comments and show your support for the idea by liking it. Thank you for your help.
Yemi_Fx1 | Short for AUDUSDThe current price structure is a bearish flag pattern (continuation pattern). Anticipating for the next impulsive movement.
I'll be considering
A Risk entry type at the top of the bearish flag structure at an area of value.
Reduced risk entry after the impulsive back down followed by a tight flag or break of the flag.
Share your thoughts in the comments and show your support for the idea by liking it. Thank you for your help.
Yemi_Fx1 | Short for GBPUSDOn this Pair the main structure is a bearish flag continuation pattern from 2HTF perspective which makes the long term bias Short(Sell), but there'll be a short term buying to the area of value, before the major moves begins.
I'll be considering;
A Risk entry type at the top of the bearish flag structure at an area of value.
Reduced risk entry after the impulsive back down followed by a tight flag or break of the flag.
Share your thoughts in the comments and show your support for the idea by liking it. Thank you for your help.
Yemi_Fx1 | Short for EURAUDOn this Pair currently price is in a consolidating phase, which then form a bear flag continuation pattern.
Anticipating for the next impulsive move.
I'll be considering a Risk entry type within the structure at an area of value.
Share your thoughts in the comments and show your support for the idea by liking it. Thank you for your help.
Yemi_Fx1 | Looking To Short on EURJPYAfter the first impulsive leg, price started to correct (consolidate) in form of an expanding flag which then signifies continuation of movement. I'm considering a Risk entry type within the structure.
Share your thoughts in the comments and show your support for the idea by liking it. Thank you for your help.
Yemi_Fx1 | Short for GoldPrice is currently in a consolidating phase in the form of a bear flag pattern.
I'm expecting a continuation of the preceeding move(The previous impulse).
I will be considering a Risk entry type within the pattern at an area of value.
Share your thoughts in the comments and show your support for the idea by liking it. Thank you for your help.
Yemi_Fx1 | Going short on AUDUSDPrice moved out of the reversal pattern (ascending channel) impulsively. Currently I'm waiting for the complete formation of flag continuation pattern.
A risk entry type within the flag at an area of value will be suitable.
Share your thoughts in the comments and show your support for the idea by liking it. Thank you for your help.
Yemi_Fx1 | Short for EURCADThe nature of the market is it's making impulsive, correction structures.
The current phase on 1HTF is a correction phase, under probability I'm expecting price to move out impulsively.
I will be considering a Risk entry type within the pattern at an area of value.
Share your thoughts in the comments and show your support for the idea by liking it. Thank you for your help.
Yemi_Fx1 | Short for EURAUDPrice has respect the upper dynamic trendline. I'm expecting an impulsive move, then followed by correction in form of a bearish tight flag continuation pattern to the downside. And I'll be considering a Risk entry type on the third upper touch of the flag.
Share your thoughts in the comments and show your support for the idea by liking it. Thank you for your help.
Nifty Wave Count Update and Price ProjectionHello friends,
After C truncation - impulse started and yesterday we got 1 more confirmation of channel breaking.
Here I am posting approximate target of all impulse waves - it is not definite it is approximate
spot nifty
entry
18049
stop loss
17870
exit value
180404.85
Wave 1 = 10 hourly candles
from 17761 to 18049
Wave 2 = 6.2 candles
17870
wave 3 = 16 candles
18627.88
wave 4 = 6 candles
18116.85
wave 5 = 10 candles
18404.85
This is an estimate - subject to change