Forexforecast
GBPCHF WHat will price do in our MOB zone? This is a full breakdown of my perception of price action on higher time frames! I take my entries using smaller time frame confirmation and you should, too. If you have any questions about this trade or my strategies feel free to ask them in the comment section below!
Let’s make some money together!
AUD/USD (AUDUSD) - Updated Elliott wave countAUD/USD (AUDUSD) is in wave B complex or triangle formation. It dropped in impulse wave A from major top shown in chart. In 4 hr time frame, it has completed ABC zigzag movement, where C was 0.618 times of wave A. In 15 min time frame, ABC zigzag down wave expected, but wait for confirmation of B wave to complete.
EUR/USD (EURUSD) - Updated Elliott wave countEUR/USD (EURUSD) is in 3rd subwave of C wave in ABC zigzag move from last major top. It has completed A impulse followed by B zigzag correction. Wave C is under progress. It has completed (W)(X)(Y) in 4 hr time frame as indicated in chart. In 30 min time frame, it is in C wave or alternatively the B flat correction will be possible, so next move will let us know what will be the case.
GBPCHF UPDATE! This is a full breakdown of my perception of price action on higher time frames! I take my entries using smaller time frame confirmation and you should, too. If you have any questions about this trade or my strategies feel free to ask them in the comment section below!
Let’s make some money together!