AUD/SGD (LONG - BUY) On the weekly chart the AUD/SGD have just completed a Minor (weeks) Elliot wave cycle. The daily chart have just completed wave 4 on a Minute (days) Elliot wave cycle and a trend reversal on the daily and 4 hourly is therefore expected towards an expected uptrend. Elliott Wave Theory Categories: Grand Supercycle (multi-century) Supercycle...
NZD/USD is showing clear PRIMARY UPTREND. A Daily Resistance line was broken recently. The monthly trend is Bearish The weekly trend is Bearish The Daily trend is Bullish We are going against the general downtrend due to various other factors showing a PRIMARY UPTREND Institutional Order Flow Areas (aka Supply & Demand): Demand – Large amount of Institutional...
EUR/USD is showing a clear downtrend with the hourly chart moving sideways with a bearish tendency. Daily Resistance has been tested once and failed which caused the downtrend to continue. A New H4 Institutional Order Flow Area (aka Supply & Demand) which could push the downtrend further. The Monthly trend is Bearish The Weekly trend is Bearish The Daily trend...
USD/CHF SHORT (4 Hour Chart) The USD/CHF have possibly reached a trend reversal after an INTERMEDIATE UPTREND and now being stopped by a MAJOR DAILY RESISTANCE LINE (see Daily Resistance Line (1) on the chart). A Possible INTERMEDIATE DOWNTREND could be expected. SHORT SELL recommended with resistance (see 4 Hour Resistance Line (1)) expected at...
AUD/CHF SHORT The AUD/CHF have possibly reached a trend reversal after an INTERMEDIATE UPTREND. This is further confirmed by the USD/CHF showing a similar reversal pattern. The Bull Resistance line have now become the Bear support line. A clear downwards trend have already being identified. A continues INTERMEDIATE DOWNTREND could be expected. Recommended...
AUD/JPY LONG The AUD/JPY remains strong in an INTERMEDIATE UPTREND with the Bullish trend remaining well above the 50MA. An immediate buy is recommended with a major 4 Hour and Daily Resistance expected at around 77.681. Our profit target will be just below this major resistance at 77.500 Recommended Entry Immediate LONG once market opens on Monday. Movement...
The GBP/AUD seems to be currently in a MINOR UPTREND. A Large amount of technical indicators show a very strong INTERMEDIATE UPTREND to possibly follow soon, which include the following: Overall weekly trend-line is in uptrend Major H4 Support Line has not been broken once which has caused the minor uptrend to start. No H1 resistance lines at the current price...
Simple and Quick Trade. Wait for an Engulfing Bear Candle to form and then enter trade. SL: Just above engulfing bear candle (once formed) TP1 - 2 to 1 Risk Reward TP2 - Trail with SL of your choice or closes once Moving Averages closes Moving Averages used 8, 13, and 21 Good Luck – Trade Responsible Use 1% risk per Position! Always strive to continuously...
EUR/USD are showing clear CYCLE UPTREND with an ENGULFING BULL CANDLE on the monthly chart. The WEEKLY DEMAND ZONE was retested (2nd test) which created a clear uptrend. The DAILY TREND-LINE indicates a clear PRIMARY UPTREND and this is the trend-line that we will be trading. (see trend-line 4 to 5 on chart) Intermediate Elliot Waves will occur during this...
GBP/USD – BUY (LONG) GBP/USD are showing clear potential of a Head and Shoulders pattern being formed with the final right shoulder about halve-way completed. The current Bull trend have just pushed though a major Daily Supply Area which is a further indication of a strong Bull rally to be expected. Minor Elliot wave expected during the overall INTERMEDIATE...
GBP/NZD BUY GBP/NZD is in an overall INTERMEDIATE UPTREND with the MINOR DOWNTREND (REVERSAL) now coming to an end. Our earlier trade on the GBP/NZD sell was where we had a quick trade on the reversal which closed at a profit of $324.04. This trade is now for the final wave on the INTERMEDIATE UPTREND. Recommended Entry Entry immediately at around...
GBP/NZD is in an overall INTERMEDIATE UPTREND (see 3 to 4 on chart) with a MINOR DOWNTREND (see C to D on chart) currently taking shape. Quick SHORT SELL recommended with resistance expected at 1.88600 Recommended Entry Immediate SHORT once market opens on Monday since 1M, 5M, 15M, 45M, 1H is currently in a downtrend. Take Profit Take Profit at around...