After an impulse structure structure normally makes at least a 3 wave correction, so if this is going to continue down much more we need another corrective wave up. So i'm looking to buy for the "c" wave of the correction. We have divergence if price start to break up buying looks good short term up to break "A" wave top possible to reach 1.4450 area
DXY looks to be making a corrective structure for one more leg up. The question is if the correction is over and we are going to breakout or we get one more leg down. The downside from here looks short term as we have demand and long term trend line at the 98 level. When this beaks up I expect this to be the last leg up in the 5th wave of a long term corrective up...
EURAUD looks to be consolidating for another move down. We got a nice move down out of supply once we tag the 618 retracement. If this breaks to the downside we might get a nice sell down to the 0.27 area short term. The long term trade is to the upside check link for long term view
Watching this for a little more up so I can sell in supply near trend line for one more move down to target of -0.27 of wave 3. If we get a correction at the trend line instead of reversal that would be a short term buy to about 2420 area
I'm expecting another down move within the GBPAUD before we get the continuation to the upside. If price manages to get to the supply level at the .886 i will look to short it down to complete the gartley pattern, if it does not get there i will probably miss the down move. But I will not miss the buy set-up we will get once we break the "AB" wave low. Looking...
Have been following this structure on the daily and the structure could be complete. We have a nice buy setup if we get a breakout but could turn into an "abc" correction so manage trade carefully. We are looking for the breakout of the bigger structure which I posted perviously and link is below
EURGBP Looks to be making a corrective structure for some more upside, Once price breaks the top ill be looking for a nice sell possibly around the 0.8900 level but until then we can look to buy. I think price will go up a bit and then come back down to make another LL to complete the flag before we buy up to 0.89 but we have some divergence and price could just...
Expecting a breakout of this corrective structure. We've hit the 1.27 extention of the previous impulse, we have divergence and price looks to be making a flag for a buy. This has huge potenial to move 2000+ pips
We got a very nice impulse down at the completion of the big "abc" pattern and now look to be making another "abc" correction to correct that impulse. We look to be making an accending triangle in the "c" wave back up and have lots of divergence within the accending triangle. Looking to sell the breakout of the accending triangle on lower time frame as long as we...
NZDUSD is moving amazing and looks to be making 5 waves down into my reversal zone previously posted. We havent broken the "c" wave low and we dont have divergence in the move down so i dont think the upside has started and will make another move down, momentum looks to be dieing out so this 4th wave could be over. This could correct more to the upside but I think...
Wathing GBPJPY for a big buy setup after the nice impulse we had toward the end of last year, but before that I would expect price to break the lows of the inital move down labled "A". Looks like we could be making a complex bigger "B" wave before we break the "A" wave lows.
Looks like oil is about to finish a big complex "abc" correction. We have divergence going into a 1hr supply area for an aggressive buy. Market should either give us a trend continuation pattern for more downside or a reversal all together around this 48 level Checkout long term view in link below.
CADJPY is making a nice flag/trend continuation pattern/corrective structure on the daily for another impulse to the upside. When I break down the structure on the 4 hr it looks like we just made an "abc" correction within a wave "b" for one more wave down to complete a 3 wave correction. 83 area looks to be a good area to watch for the reversal to the upside as...