Chathifriends

Chathifriends

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

Chathifriends

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

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ECHF continuing an uptrend. I am expecting price to move in this pattern based on Elliot Wave Theory.

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EC is a strong long. Prediction is made solely from Elliot wave theory. Will see a huge impulse wave to the upside and drop at major resistance.

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EC i am expecting a move to the upside from here. Huge long potential. Completed a 3 wave correction on a bullflag

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EURCAD looking to me like a scalp short. We will see an entry swing long at the end of wave C on H4. Wait for M5 bullish pattern to form near entry zone.

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ETH created a bullish pattern and completed a 3 wave correction. I am seeing a push to a higher highs before we see any bearish action. Trend trading 101.

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BTC completed 3 waves on an uptrend. Do not try to call the tops or you will be burned. It has created a bull flag as well. Do dont have any funny ideas :)

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EU is creating a bullish pattern on the daily. I am expecting a bounce on the fib extension level to higher highs. We may see the bounce happen coming week. Do take note to enter only when you see a bullish pattern on lower timeframes. No pattern no entry

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Gj looks short on lower tf however looks can be deceiving. If you look at higher time frames it has completed a 50% retracement from the last low and bounced off that level. Fibonacci extension is showing the same target for both weekly and H4. I am bullish on GJ at all levels.

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Completing a 3 wave im expecting a push on GA. Mid term swing. Confluence: H4 divergence. Completed 3 corrective wave on both h4 and h1 Fibo golden

Chathifriends Updated 

I am shorting the rejection candle on h4. Reason -Gbp currently in correction phase -Aud is completing correction -Bearish divergence -Fibo golden

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Trade with the trend. High probability setup. The trend for EA is bullish on the weekly. We can see a bull flag already formed and price created a higher high. We can expect price to bounce here as corrective wave has been completed at a lower high. I am expecting price to break to higher high before we see any bearish moves.

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USD CHF seems to have moved in a range on h4 but on weekly it looks more clear that it has completed a 3 wave down and we are currently moving towards to a higher high for the 3rd wave. Confluence: divergence on weekly rsi and a sell divergence on MACD. Reminder! take 1 to 3% risk per trade. Anything higher may result in significant losses even if the trade is...

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Eurchf may look bearish however we see a recent swing high before the selloff. So i am still holding a bullish bias on this pair currently i am seeing echf as consolidating before the real move to the upside.

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There is a break of structure on H2. Hence i am expecting a break of range to the upside. Will be adding longs when there is a bullish pattern on M5. Reason D1 Divergence Break of structure Low of range

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GU broke trend and completed 3 corrective wave. Im am expecting a swing short from here. Reason -Broke trend -H4 divergence -Corrective wave completed