OANDA:GBPUSD Higher timeframe analysis. Currently in Elliott's 5th wave. Channels within channels, within channels. Expected break of correction channel heading in the direction of buy opportunity. Buy presents @ 1.41500. Take profit presents 1.43230. What are your thoughts?
Look for long opportunity *Double bottom prediction *Daily/weekly channel almost reach, time for reversal.
Weekly parallel channel bottom hit, expected buy opportunity approaching @ fib 23.8%. Take profit @ 61.8% Quick short analysis on higher time frame.
* Double top formation *Expected parallel channel to break. *Full candle below the break, enter into the sell until tp has been reached.
ELLIOT WAVE IN 3 WAVE, ALSO CHANNEL HIT TOP & 50 EMA ENTRY: 0.72060 TP: 0.71765
* ELLIOT WAVE 5 IN WORKS * DAILY CHART DISPLAYS DOUBLE BOTTOM * PARALLEL CHANNEL BOTTOM HIT, REVERAL SIGNAL BUY: 150.300 tp: 150.820 What do you guys think?
4HR chart prediction: double bottom before heading bullish. 50 EMA has been hit, quick reversal to bearish for correction and more accumulation before heading bullish. See points on the chart for analysis. What do you all think? Let me know.
GBPUSD A retest of the support level (1.386) before swinging back up towards 1.4000 to complete neck of Inverted Head & Shoulder (seen on 1hr + 4 hrs). Let me know what you all think?
1 & 4 Hr Head & Shoulder Pattern displayed TP: 1.42052 What do you guys think???
Weekly & Daily Supply & Demand level tested, Price is shown in a bullish channel, testing of average has occurred, pull back is needed to align & accommodate imbalances. Also, 5 min, 15 min, 1 hour double top pattern confirmation has occurred which also suggests a bearish short trend. tell me what you all think?
Intraday buy to Short Before this short takes places, possible buy at the level 0.71900 towards 0.72200 Wyckoff's method suggests possible sell @ second UTAD level. What do you all think? Let me know.
Long GBPUSD (intraday) 60-70 pips+ Entry: 1.37100 TP: 1.37750 SL: 1.36900
Simple PRICE action mark-up. Price action mark-up using Supply & Demand analysis + candlestick patterns.
4HR Chart Bearish 3 Drives spotted + Confirmation Wyckoff method trending SELL