Symmetrywaves
EURAUD - short again at H4After falling into the zone IV Daily, EURAUD goes up to the wave (4) H4 time-frame. At present, the price decreases break the rule of wave H1. Hope EURAUD will drop again to zone IV Daily wave (will take profit here).
Stop loss above wave (2) some bibs
** If prices drop by more than 120% fibo Daily will sell next
BCHBTC - Short again at DailyBitcoin cash / Bitcoin is still in the long-term downtrend. Look at the left two wave groups decide the decay still effective:
1. Weekly: (I) (II) (III) ... currently in wave (III)
2. Daily I, II, III ... are currently in wave IX increasing the adjustment to wave X.
Plan 1: Waiting for X wave zone waiting for a signal to sell down XI wave.
Plan 2: sell limited at 0.07852-0.07994
Stop loss: 120fibo (0.08290)
Take profits 1: 61.8fibo (0.07132)
Take profits 2: 100fibo (0.06581)
CADCHF - Long again at H4Look left, the biggest retracement was broken at 120% Fibonacci Extension.
At the present, CADCHF has a rule retracement at the wave 2.
Thus, I predict CADCHF will up again from the wave 4 to wave 5.
Target 1: 38.2 (61.8) 0.74582
Target 2 is at Garley (78.6) 0.75100
Stop loss: 120% extension 0.73685
AUDJPY - short at H4 (Symmetry Wave)Look left, We have two zones for a sell.
1. Group wave daily I, II, III... Now the AUDJPY is at the wave V go to wave VI.
2. Group wave H4 (1), (2), (3)... Now she is at the wave (3) to wave (4) and she reaches the Potential zone of group wave (80-100% the magnitude).
Plan:
Trade 1: wait for a signal at the smaller H1, 30 minutes ... * Invalid is at 120%
Trade 2: When she reaches zone for a sell of group wave Daily, wait for a signal at the smaller H1, 30 minutes ... * Invalid is at 120%
Target 1: is at 61.8 Fibonacci
Target 2: is at 80 Fibonacci
EURUSD - long at H4The biggest retracement of Weekly group wave was broken at the wave VIII for the Uptrend
The Group wave H4 (1)(2)(3) have a rule wave. Thus, I predict EURUSD will up accord to Weekly signal
- Target 1: the last top
- Target 2: Butterfly pattern (127.4 Extension)
- Stop loss: 1.15626
DE30EUR - Down again at H1Look left, the downtrend signal is activated (drop beyond 120% of the biggest Retracement of the uptrend)
Two group waves for sell:
1. At the H4 timeframe (group waves (1)(2)(3)...).
2. At the H1 timeframe (group waves 1,2,3...).
Early entry: 80% Fibonacci (80/20% rule)
Reasonable entry: Sell limited at 90-100% Fibonacci
Late entry: Wait to signal at the smaller timeframe (new price action, double top, head&shouder...)
The stop loss is at 120% Fibonacci Extension.
When DE30EUR down again, should be moving the stop loss to accord the next rule symmetry wave of the downtrend.
Plan: Move to the stop-loss at 80% of the biggest retracement of the Uptrend (group wave Weekly (I)(II)(III)...
Good luck with All.
EURAUD - short at Weekly price channelWeekly (I), (II) (III): Uptrend, is at wave (IV) to (V)
Daily I, II, III: Uptrend, is at the wave II to III.
H4 (1), (2), (3): Uptrend, is at the wave (6) to (7).
* EURAUD has the Overbought RSI and the Price Channels.
* Waiting for a reversal signal at the smaller time frame.
Note: Daily and H4 group wave is still valid for an uptrend.
AUDJPY - long at WeeklyLook left, the rule of Elliot wave: Wave 1 (61.8), Wave 3 (38.2), Wave 5 (23.6) and RSI = 68 (100-32);
At the present, the same rule occurs: Wave 1 (61.8), Wave 3 (38.2), Wave 5 (23.6) and RSI = 32 (100-68);
Thus, I predict AUDJPY will uptrend when He repeats The Fibonacci's ratio for counting Elliot wave
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Thanks for watching my chart, Good luck to all
CHFJPY - UPDATE CHART 9/2018* CHFJPY will drop at Zone of wave group (I)(II)(III)... Maybe he goes from wave (IV) to (V).
* RSI is over 77 for a sell.
Note: Daily group wave I, II, III... is still valid for buy. Next target is wave VI (at BAT).
Thus should take profit 1 at zone wave Daily at (88-100% fibo).
Target 2 is at Cypher with current Fibonacci's ratios
Thanks for watching my chart. HAVE A NICE WEEKEND.