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Wavetheory

GBPCAD sell setup!Hello traders, As you can see I'm only looking for the sell at this stage. GBPCAD broke the trendline with the strong down impulse and now it's making correction (sell setup) about the trendline what is a good sign. The bigger picture also looks downside and this is the one of the reason why I'm interesting only in the sell. Wait for more sideways candle and take that sell! BONUS: If you think it will drop fast you can put entry order at the low of the smaller correction like I did on the picture. So be aware of that type of entery because it's VERY RISKY! The safest way to entry is to wait for sideways candles! Make the bank rolls! :P $$$$$$$$$$ If you like what i do click that like & follow button. Likes and followers motivate me to spend my free time posting content for you! Thank you for your support! All the best, Antonio
Short
by AntonioM
USDCAD buysetup!Hello traders, USDCAD made a very strong up impulse and broke the trendline. As you can see USDCAD is making correction above the trendline. There is high probability chance for breaking the top again and this is the reason why i'm looking for buy on this pair. I'm expecting completion of the bigger daily running flat. Wait for complete correction and then take the breakout. BONUS: When it breaks the structure and if it goes slowly put your trade at BE! Make the bank rolls! :D $$$$ ;) If you like what i do click that like & follow button. Likes and followers motivate me to spend my free time posting content for you! Thank you for your support! All the best, Antonio Daily view
Long
by AntonioM
USDCHF buy setup!!After the strong up impulse, it's making really nice 1h flag for the next impulse. So, taking this breakout will be a good idea. Take it with your own tested strategy. USDCHF on the bigger picture looks upside and it can go pretty high but my first target will be -0.27 fib level. TIPS: When you take that breakout, if it goes slowly put it at BE fast. It can also make bigger correction (orange), be aware! So keep an eye on it & be patient & trade with care! If you like what i do click that like & follow button. Likes and followers motivate me to spend my free time posting content for you! Thank you for your support! Antonio,
Long
by AntonioM
This is a bullish confirmation structure on GoldI am expecting far more upside on Gold on the larger time frames and will use the H1 and H4 time frames for trade entries. I expect to see a corrective structure as indicated on this chart to form and will be looking to trade the long from the start of wave 4. There are of course reversal signs that I will look for before entering the trade. For more details on my exact entry, take profit and stop loss levels, contact me via the info in my signature below. Happy trading! Linton
FX_IDC:XAUUSDLong
by Linton_White
USD/JPY Monthly/Weekly 7 swing WXYI am showing you this illustration to try and point out the bigger picture. A "B" wave is a 3 wave move. So far UJ has completed a 7 swing wxy for a "B" wave can be on the way up long term for a "C" wave (On both time frames). The only question is, will we get an "X" and a "Z" added to the swing pattern? That would mean we get a triple combo (which is rare) if UJ went down, but structurally the pattern has to finish out so even if it goes down, it should need to come back up to complete "C". Keep in mind, a "C" wave is a 5 wave, that has the possibility of correcting itself and becoming a reversal for a 5 wave of a larger degree. Will this help you trade it this week? Maybe not. But at least it might peak your interest into learning wave theory so that it can. (I don't teach it by the way) just sharing a chart.
by thillygoosth
XAUUSD Corrective Structure With Bullish Break AnticipatedXAUUSD is forming a larger corrective structure than what I had first expected. Bear in mind that this is the H1 time frame though so actually still a small move inside this corrective structure. This structure could complete with either 3 or 5 waves. Once we see the break of this structure to the upside and the larger structure on the daily time frame, this will indicate a strong move up. Contact me via direct message for any assistance required Cheers Linton
FX_IDC:XAUUSDLong
by Linton_White
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