ForexGrandMaster

ForexGrandMaster

EURNZD expect more bearish trend but price may first move sideways before eventually breaking the trendline

ForexGrandMaster

AUDUSD This setup has been posted since Jan 2nd last month and price still in the turnaround zone. We have a shark pattern on H4 which will determine the beginning of the expected bullish trend once GBPAUD begins bearish

ForexGrandMaster

Expecting bears to setup in soon

ForexGrandMaster

USDJPY expect more flush to the downside

ForexGrandMaster

GBPJPY Price may be approaching for Z soon....in a corrective structure in lower degree watch out for wave 2 breakout of the lower degree.

ForexGrandMaster

GBPUSD This setup was posted early last month and price is still respecting. Price in wave B higher degree (still simple) and wave 2 lower degree (triangle)....expect a flush down soon

ForexGrandMaster

GBPAUD Price in wave 4 (complex) and heading for break of top before full bearish resumes. The Sell setup has a potential of about 4,500pips when bears take over

ForexGrandMaster

SELL #USDCAD @ 1.33261 SL: 1.34120 (86pips) TP1: 1.32469 (79pips) : R/R(0.92) Risk: 0.43% TP2: 1.31442 (182pips) : R/R(2.12)Risk: 0.43% TP3: 1.30636 (262pips) : R/R(3.06)Risk: 0.43% TP4: Open Average R/R(2.03) Remember to ALWAYS Manage Your Money Well

ForexGrandMaster

Structure suggest some strengths throughout the rest of the month and next then we may expect weakness thereafter.

ForexGrandMaster

Price may head for the 5th wave low degree before making a deep retracement for wave 4. Target area is about $10k, and later $11,800.

ForexGrandMaster

We buy if we get a rejection for Long Term

ForexGrandMaster

We buy if we get a rejection at C (Possibly Running/Expanded Flat) Apply MM

ForexGrandMaster

If we get rejection at Wave D we buy for the expected 5 wave correction pattern.

ForexGrandMaster

Sell upon Confirmation

ForexGrandMaster

We sell for the expected sHs structure

ForexGrandMaster

SELL #EURJPY @125.358 SL:126.200(84.2pips) TP1:124.558(80.0pips R/R(1.0)) TP2:122.915(244.3pips R/R(2.90))

ForexGrandMaster

Sell upon rejection Invalid is when price travels well above the 1.131% based on the structure

ForexGrandMaster

Sell on Confirmation