Will be looking for an entry AU upon completion of corrective wave
Gu on h4 is creating a corrective wave. I am expecting price to create a double top on m5 then short to weekly support before the huge move up
AC made a good push today to a higher high. Expecting price to move down for the pullback and continue its trend up
Hello traders today i am analysing gu pair. Currently there are no divergence however you can see a double top on the rsi which indicates buying sellers are weakening. I have placed the ABC corrective wave according to fib level which coincidentally ends on a major support. So i will be looking to long near this area. Goodluck trade safe
UC has completed a 3 wave correction on an uptrend. Will be expecting price to move up from here.
AU Is creating a descending megaphone. Im expecting price to rebound up then go down to complete the pullback to H4 support on completion on ABC corrective wave
AU Is creating a descending megaphone. Im expecting price to rebound up then go down to complete the pullback to H4 support on completion on ABC corrective wave
EA has completed an ABC correction on D1. Completed trend break, rsi divergence, and sl hunt. Expecting a major move from here
Anticipating a huge swing long for eurgbp due to a descending wedge pattern on the weekly chart. There is an extended move break to the downside and a stop loss hunt completed so i am expecting a strong move from here
Please ignore my previous post. I looked at higher time frame and found a 3 wave correction here. It bounced at rhe end of the correction above higher low. Im expecting a push up to higher higher highs tp at resistance
AUDCHF is currently in an uptrend and formed a nice descending wedge pattern. For my entry it will be at the fib level/support level or when it breaksout from the pattern whichever comes first. Currently there are no rsi divergences to support a long at this point yet and im expecting price to go lower before the breakout.
USD CHF is an interesting pair. I am eeing an rsi divergence, 3 corrective wave and HH and HL. I am expecting a trend reversal on H4. I have placed my trade in support of the above findings. On daily however we do not see a higher high so trade with caution.
i have opened a position for usd cad due to its range bound movement on H4. We currently see a continuou HH and HL and im expecting for price to go to higher highs from here. There are also no rsi divergence to expect any reversal.
i have opened a position for usd cad due to its range bound movement on H4. We currently see a continuou HH and HL and im expecting for price to go to higher highs from here. There are also no rsi divergence to expect any reversal.
Hello guys I am looking at this interesting pair EURGBP. This pair has completed a corrective wave down on H4 so I'm expecting it to bounce to the resistance level. We can also see an RSI breakout. However there is no divergence and there is a 5 wave count down from previous impulse wave so this will be a counter trend trade. Will enter and taking profit early....
Hello guys this is my analysis for gj for the coming week. I believe price will head up to higher highs from here as it's still in an uptrend. If it bounces off this level I will be longing this pair Trade safe
Aud chf is in a strong bullish trend on the weekly and I'm expecting price to go long from here to daily resistance. It has completed a 3 wave correction on H4 and will resume trend from this point. We see a bullish divergence as well to further support my idea. Trade safe!
My 3rd post on this as I counted wrongly earlier :P Dont worry its still a long. The count was incorrect for my previous post and it did not make any sense lol. I made a recount and found an extended correction on H4 instead of a 5 wave move down. So please scratch my previous idea :)