Wavetheory
USD/TRY is STILL TURNING (slowly). Patience.Never took the initial Short Trade.
Still watching BIGGER trade setting up into position.
Going to take time but when she gets there it's going to be worth the wait I do believe.
The TURN is up on the 2-day, 4-Day, 8-Day chart areas. Needless to say, that is not a fast set up.
EURGBP, Huge Move Up AheadHi there,
EURGBP is ready for the next big move up according to the information I have right now. We finished the correction, now going for the next impulsive move up. My plan is to wait for a correction on the smaller time frame, then I'll strike for the buy. This move has a potential of couple hundred pips.
MisterRay
EURCAD Trend Continuation, Strong Impulse in ProgressHi there,
We have completed the regular flat and are now starting the next impulse. My trade would be on the 1H time frame (or even lower) once another flat forms in order to get into the buy (2nd position). First position was at the bottom of the structure.
I am now expecting the next big impulse up, except something changes drastically in the structure.
MisterRay
LTCUSD bullish projectionsThose of you that keep in personal contact with me see me do TA on coins like LTC, EOS. I don't make these public usually for a few different reasons.
Today I give you guys a late LTC call. Plenty chance to hop in on a drawdown if you are looking for an entry. This is a V wave, but it can easily pass our V target. Be prepared for either scenario.
CADJPY Possibly Started Going Up AlreadyHi there,
I see a smaller correction marked with green arrows. The last three daily candles show some strong move up and if this is the C wave, I believe that we could be seeing a completion of the regular flat soon.
Looking at the bigger picture, if we go down from here, I could imagine seeing a further move down to complete the regular flat (marked in blue + orange arrows) and then the next impulsive move up.
We will see how it develops. The more information I get on this chart, the easier it will be to understand what is going on.
MisterRay
AUDJPY, Three Options, All Show UpsideHi there,
I have analyzed the AUDJPY on the daily and found three possible outcomes whereas all three point to the upside.
Option 1 is that we are completing a regular flat and we are heading higher.
Option 2 is that we are completing a regular flat on the bigger picture and we are moving higher.
Option 3 is that we are moving much lower and then we will get the impulse up.
My forecast can change depending how the chart develops but as of now, this is my predicition.
MisterRay
BTCUSD Bullish ProjectionsBTC has just broken up past its previous high making a new wave. B has been breached and the targets are already confirmed.
Watch for a possible rejection. I would take profit on riskier/larger positions at N and V. But it seems to me that this is an E wave. It seems all bitcoin likes to make lately are E waves.
Keep in mind the possible rejection at just around the area that would complete our last wave's E target. Watch close for a turnaround here.
Otherwise we have some targets to look forward to.