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Impulse

AUDJPY Why Wouldn't it drop yet ? Take a look here Hello traders: Been receiving many inquiries about AUDJPY, on the potential bearish bias of the price action. I have sharing many forecast and analysis on AUDJPY, but it seemed price has yet to commit to the downside. This is something that I haven't experience before where there's a consolidation period of the price, and the market is just getting ready for the bigger move once the consolidation is complete. We can see here first on the higher time frame, Price is in a larger, consolidation correction after the initial up move. We can see a clear structure within few swing highs and lows, bouncing up and down the price. The latest development on the lower time frame can give us a bit more clues on the potential direction of the price. With a lower time frame bearish impulse down, and now is forming a parallel channel correction, and within more and more bearish price action development such as rising wedge, ascending channel to give us more positive confluence to look for sell setups. Watch for bearish development now to confirm another downside move, or alternatively, price could move up one more to a double tops, and top of HTF structure before the move down. Thank you jojo
Short
by jojofang0901
19
Watch NZDUSD to commit to downside hello everyone: Similar like AUDUSD, I have been sharing NZDUSD forecast for possible sell. They continue to move up correctively, but it doesn't void the potential bearish development from the price. Now we can see the ascending structure continue to evolve and develop, more bearish bias are formed within. The latest development show smaller ascending channel, and a sharp bearish reversal impulse down. Be on the look out for bearish continuation on the lower time frame to develop, and confirm our sell bias to the lows before entry. Thank you
Short
by jojofang0901
31
Can AUDUSD Still Drop ? hi traders: I have been sharing lots of AUD/NZD USD forecast in the last few weeks. Most of them have not develop or commit to the downside. This time around, we are finally seeing some bearish development of the price. We can see price is at the top of the overall price action again, and smaller, lower time frame ascending channel, correcting the price. We are now see a sharp bearish impulse move, pushing down the price. Ideally is to wait for the impulse out of correction, follow by lower time frame continuation to confirm further down move. Thank you
Short
by jojofang0901
24
NZDUSD Catch the next drop if you haven't hi traders: Similar like AUDUSD I just shared, NZDUSD is following the same bearish development as well. From my previous outlook and forecast, Price hit the double tops, reversal impulse down, and formed continuation correction to drop more. Now that price has a short term pullback, smaller, ascending channel, we could expect more downside from the price. Ideally price should break below the HTF continuation structure, and formed lower time frame bearish development to further confirm the downside to the next previous lows. Higher time frame wise, we do see strong bearish bias, and is looking clean for another downside move. Thank you jojo
Short
by jojofang0901
19
AUDUSD Did you catch the sell ? More downside possible Hi traders: I was not active for about since last week, took a much needed vacation and mini-getaway. Now I am back and seeing some good development of the price. Here on AUDUSD, from my previous outlook and forecast from the top, price indeed pushed down aggressively, and now is at the bottom of the lower time frame ascending structure. This is where we can likely to see some consolidation, if price is going to push down to the next low. Ideally we want to see a bearish continuation correction to form and complete, to give us a confirmation sell down to the next low. But, don't be surprise if price bounce of from this LTF structure and move up again, in that case, no entry and no trade. The downside is more ideal and better R:R to continue as the higher time frame also indicates. thank you Jojo
Short
by jojofang0901
7
AUDCAD Broke Out Reversal Structure, More Upside Hi traders: AUDCAD has managed to reversal impulse out of the descending channel from the bottom, good signs of further upside. From my previous outlook, price did managed to continue higher and is now out of the descending structure. Such a strong impulse move to the upside, naturally price will need to correct in order for another continuation up move. If price does consolidate and formed bullish continuation correction, it will then give us another opportunity to buy to the next highs. Thank you
Long
by jojofang0901
26
Elliott Wave Analysis: GOLD Is Trading In 5th WaveHello traders and investors! Today we will talk about gold, its price action from technical point of view and wave structure from Elliott Wave perspective. Gold is coming sharply to the upside as a "safe haven" asset based on the latest US-Russia tensions. Higher inflation is also one of the reasons for higher metals. We see gold breaking out of wave (IV) triangle pattern, so we see this as a break towards new ATH. In the short-term however we should be aware of some pullbacks, but generally speaking, gold may stay up until it hits new ATH and fully completes final wave (V). Later then we will have to be aware of a higher degree corrective slow down. Trade well! If you like what we do, then please like and share our idea. Disclosure: Please be informed that information we provide is NOT a trading recommendation or investment advice. All of our work is for educational purposes only.
SAXO:XAUUSDLong
by ew-forecast
2
Palladium Looks Promising for further upside Hello everyone: Commodes such as XPD has been pushing up steadily in the last few months, and further upside is very possible. Here we can see the higher time frame of Palladium. After price made a sharp impulse move, it falls into a larger structure. With a swing highs and lows, double tops, and reversal bullish price action in the lower time frames to impulse up. Now price is forming another continuation, watch for this completion as a confirmation for more upside move to the top. Thank you
OANDA:XPDUSDLong
by jojofang0901
12
NZDJPY Interesting Development, Still Eyeing the Sell Hi everyone: Here on NZDJPY, we are seeing some structure evolving to a bigger consolidation, but the overall higher time frame to me can still be bearish, as long as the right price action develop. We can after the bearish impulse phase, price begin to consolidate, and the bigger, longer the correction gets, the more likely another impulse phase can follow. We see the latest development has shown a potential H and S pattern, and if the right shoulder can continue down, follow by continuation correction on the LTFs, then it can push the price lower. Alternatively, price can move up once more to the top of the larger structure, and if there is reversal price action, can still confirm the downside move. Thank you
Short
by jojofang0901
22
GBPUSD Continue the bearish price Hi traders: We are also seeing GBP pairs continue to get weaken, and more downside opportunities are shaping up on GBPUSD. From my previous GBPUSD forecast, price indeed formed a reversal correction, and a bearish impulse phase pushing the price down. After, price has consolidated again, this is a good signs of continuation price action once the correction completes. Watch for more downside setup to the previous lows. Thank you DISCLAIMER: -My forecast and analysis are NOT trading signals nor financial advice, you should not enter trades and invest solely on this information.
Short
by jojofang0901
16
GBPJPY More Downside, Watch for continuation Hello traders: Similar like GBPUSD, we can see more bearish price action from other GBP pairs as well. Here on GBPJPY, from my previous forecast and analysis, price did indeed push down impulsively, broke previous lows. After, price started to consolidate and form correctional structure. This is always a good sign for further continuation price action, if we see more lower time frame bearish continuation . Be on the look out for further downside, and watch the lower time frame for confirmations. Thank you
Short
by jojofang0901
27
BTC Short Once More Before Big Up Move Hi traders: Similar like ETH, I do see BTC is likely to make another short term down move, to complete the bigger structure on the higher time frames, and resuming the bullish trend. Price is currently within a consolidation after a bearish move down. ITs likely this can be a lower time frame, bearish correction to give the price one more move down, to the previous lows on the higher time frame. The completion of the move will create a larger, higher time frame structure that can potentially resuming the bullish up move from 2020. So watch for the price to confirm another short term down move, and wait for bullish reversal price action on the lower time frame to continue the bullish trend and bigger picture. thank you
BITSTAMP:BTCUSD
by jojofang0901
37
ETH One More Move Down Before The Big Up MoveHello everyone: Been looking at ETH on the higher time frame perspective, and its shaping up for some big move to the upside. Price has been moving down since end of 2021, and it has made several impulses and corrections on the lower time frames to be able to push down the price. Now we are getting close to previous lows, and higher time frame suggest a bigger consolidation structure is being made. Very possible we can get the price to reverse at the bottom of the area, and resuming the bullish trend from 2020s. Watch for price to make one more short term move down, and be on the look out for bullish reversal price action to confirm the bigger up move in the future. Thank you
BITSTAMP:ETHUSD
by jojofang0901
26
CORN Bullish Mid-Long Tern Outlook Hello traders: CORN has been moving up steadily since the late 2020, continue to impulse up and correct. We now see a larger, higher time frame descending correction that has been consolidate for about 5 months Latest development shows us a lower time frame double bottoms, and price has some LTF bullish price action. Be on the look out for bullish continuation price action to form, and look for completion of the correction for the buys. thank you
OANDA:CORNUSDLong
by jojofang0901
35
NSDCAD Analysis I Impulse Correction Welcome back! Here's an analysis of this pair! **NZDCAD is on its second push impulse wave, thus I expect a correction from previous resistance near 8760 area. It may return to support at 8708 or 8665, and then rise back to resistance 8760, and next stop 8920 zone. We recommend that you keep this pair on your watchlist and enter when the entry criteria of your strategy is met. Please support this idea with a LIKE and COMMENT if you find it useful and Click "Follow" on our profile if you'd like these trade ideas delivered straight to your email in the future. Thanks for your continued support! Brian & Kenya Horton, BK Forex Academy
by BKTradingAcademy
AUDCAD Reversal Price Action, Watch for Buy Hi everyone: AUDCAD is currenting in the larger descending structure that have potential to have bullish reversal price action opportunity. We can see the larger descending structure, correcting the price since the previous bearish impulse phase. With a few swing highs and lows, price has been consolidating within. The latest development is showing us a smaller, lower time frame descending channel, and a strong bullish impulse phase breaking to the upside. Watch for bullish continuation correction as a confirmation to look for the next buy to the top of structure. thank you DISCLAIMER: -My forecast and analysis are NOT financial advice, you should not trade and invest solely on this information.
Long
by jojofang0901
22
GBPNZD top of structure, wait for bearish reversal Hello everyone: GBPNZD has made its move to the top of the higher time frame structure, and now there could be bearish reversal opportunities. We can see after the initial bearish impulse phase from the higher time frame, price begin to develop into a larger channel like structure, with a few swing highs and lows. The latest development shows us a potential double tops, and top of the higher time frame structure. Its very possible to see price developing into a bearish reversal on the lower time frames, which can validate and confirm the higher time frame bias of the sell. observe price to wait for bearish reversal price action, bearish impulse down, follow by continuation to confirm the reversal. Thank you DISCLAIMER: -My forecast and analysis are NOT financial advice, you should not trade and invest solely on this information.
Short
by jojofang0901
47
GBPAUD Bearish Development, Watch for Sell Hello traders: GBPAUD is currently in a bearish ascending structure that could devleop into the sell confirmation. We can see a potential double tops, and price has been correcting within a ascending structure, moving up correctively. What we can expect from the price is a potential bearish move, if price is to break down from the structure, and form continiation ton confirm the downside. Alternatively, if price moves up one more time to the top, and if there is bearish reversal price action, can still look for sell setups from the top. Thank you DISCLAIMER: -My forecast and analysis are NOT trading signals nor financial advice, you should not enter trades and invest solely on this information. -I will NEVER private/direct message you to sell you anything.
Short
by jojofang0901
41
EURNZD Top Of Structure, Watch For Bearish Sell Hello traders: EURNZD is also showing some bearish price action at the top of the current structure. WE can see from previous impulse phase has pushed down price significantly, and has now formed into this current expanding structure. With a double tops, and a reversal bearish impulse, price is showing us signs of bearish price action. What we can wait for is a bearish continuation correction on the LTFs to confirm the further downside of the move. Be patient and wait for correction to develop and complete before consider an entry. IF price break above the highs of the double tops then it will void the sell forecast. Thank you DISCLAIMER: -My forecast and analysis are NOT trading signals nor financial advice, you should not enter trades and invest solely on this information.
Short
by jojofang0901
22
EURAUD Similar Sell Structure, Look for continuation down Hello everyone: Similar like EURNZD forecast, we can also see some bearish price action on EURAUD. After the previous analysis from the Head and Shoulder, price did indeed pushed down impulsively. Naturally after the impulse phase, price will begin to correct and form correction phase. We can see with a few swing highs and lows, and a double tops has given the price enough momentum to have the bearish reversal impulse on the lower time frames. Now that price has commit to the downside, watch for LTFs bearish continuation correction as another confirmation to look for further downside opportunities thank you
Short
by jojofang0901
22
GBPJPY Is It Shaping Up For Another Sell ? Hello traders: Last week we have seen some volatility in the market, and looks like due to the current global events that are happening, we could see some strength in the safe haven currency across the market. Of course still follow a plan to enter according to your perspective and view. Here on GBPJPY, we can see price on the lower time frames (LTF) has correctively move up to a double tops and there is reversal price action to push down the price on Friday. What we can be on the look out for is if price does form continuation correction, it can complete this "M" structure reversal, and confirm further downside of the price. So lets wait and see this week on how the price can develop on Monday. If price doesn't form bearish continuation and move up, then of course no entry and no trade. Move on to other opportunities :) Thank you DISCLAIMER: -My forecast and analysis are NOT trading signals nor financial advice, you should not enter trades and invest solely on this information.
Short
by jojofang0901
23
NZDUSD Bearish Price Action Still Valid, Still Look For Sell Hi traders: Last forecast and analysis on NZDUSD, we did see the bearish push down from the price, but similar like AUDUSD, we didn't see the price continue down more. Instead, we see price correctively move up again in a correctively ascending channel. Latest development we saw some reversal structure within the ascending channel. Now we can wait for price to commit to the downside, impulse phase down, follow by bearish continuation correction can confirm the more downside. Thank you
Short
by jojofang0901
20