Chathifriends

Chathifriends

The pair is consolidating and stabilizing. POC is at .0833 RSI in neutral zone MACD histogram showing weakening bearish momentum Trade plan: Entry: 0.8330 - 0.8340 (Point of control) Take Profit Levels: TP1: 1.0450 (Minor resistance) TP2: 1.0480 - 1.0500 (Major resistance) TP3: 1.0550 (Supply zone)

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Confirmation: A bullish candlestick pattern combined with RSI bouncing off the oversold region Entry Point: Conservative: Breakout above 1.0360. Aggressive: Near 1.0300 support. Stop Loss: Below 1.0280 (below the recent low). Take Profit: Initial target: 1.0400 (psychological level). Extended target: 1.0450

Chathifriends

Testing out a new strat. GU broke out on the rsi on m30 expecting a bullish move for the day

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GJ has broken structure on H4 and i am expecting a further retracements near double top on weekly before the real fall comes. Right now we are seeing a divergence and a flip on stochastic.

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DXY candle has confirmed a short on the weekly. However there is a strong retrace after the break of structure. I am expecting a double top before it falls.

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Looking like echf has completed retrace and we see a second entry here long to higher highs possible. Tight sl good risk to reward

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GA appears to be about to correct itself. However the overall trend is still bullish. I may be shorting this until major support then look for a long again until the end of wave 5 of the weekly chart. Note. the overall trend is still bullish. Trade the correction with caution

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On weekly i am seeing a 50% retracement off the last high. Took the lows and im expecting a reversal incoming with a continuation over the next few weeks. Confluence -RSI breakout -50% retracement -At major support

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ECHF broke range, completing a 50% retrace off an ABC correction. Continuation is likely

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If EU is in a corrective phase. This will be the long entry

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Looking at weekly it had completed a 3 wave correction. On h4 we can find an entry swing. Being conservative a 3 wave on 1.618 fib level as tp target

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Completed 3 corrective wave looking for a long upon confirmation of momentum shift

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GBPJPY looks to go bull for this week for a pullback. Look out for a breakout on the m5 before entering

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UC completed a 5 wave upmove and i am expecting a 3 wave correction from here. Theory is based on EW

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Eurchf broke range and completed a 3 wave correction. The entry will be earlier than expected due to loss of momentum. I am expecting price to breakout from here to higher highs and beyond. Analysis is made purely based on Elliot wave theory and my own theory of momentum. Trade at your own risk. Leave a comment if u like my idea. If not please dont leave a comment.

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EURCHF is creating a zigzag correction after the first 3rd corrective wave. Weeks of consolidation. I believe it will be ready soon for the push up to higher highs. Confluence H4 divergence Point of control Corrective wave is clear and completed.

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GU on the weekly looks set to be climbing to higher highs from here. However the corrective wave on lower timeframe is not very convincing. It might a complex ABC wave. I will take the trade with a tight stop loss. Confluence: H4 divergence Point of control Lines up with Elliot wave rule Points to take note: Corrective wave is not clear

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Im expecting price to take out the volume at 1.168 extension level and bounce from there completing a 3 wave correction.