Legima305

Legima305

Resistance holds tight at 1.19400, however the US election is in focus. I will thread very carefully throughout this week. We need the results of the US elections to understand the direction of the dollar because the "dollar is king"

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will it break out ?

Legima305 Updated 

Double bottom spotted on M15 after 61.8% FIB rejection. We could see more movement upside to obvious resistance levels.

Legima305

Will we see a further rise ?

Legima305

This pair has been creating continuous lower lows in the last 6 months. As US politics continues to generate an atmosphere of uncertainty, I expect this pair to keep on tanking. Technically the pair has broken the 1.31300 support and I expect it to target the next support zone : 1.30400. Short once you have confirmation. WaveriderFX!!!!

Legima305

Bearish box broken at key levels, short to significant levels.

Legima305 Updated 

The markets are at an all time high when it comes to choppiness. This triangle normally is supposed to have a bullish break out but at this moment in time it can go absolutely anywhere. Wait for price to break the ranging zones and pull the trigger. Goodluck!!!

Legima305 Updated 

The precious metal faces major resistance at this support level. We could see a big trend reversal.

Legima305

Go short after the break and retest of the 1.29727 floor. Good Luck!

Legima305

Wait for breakout on the floor.

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BULLISH CRAB

Legima305

After the completion of the Elliot Waves, the market has completed the AB corrective waves. It is now looking to complete a 236 PIP move. Fundamentally this is justified by the escalating situation of the Corona Virus mainland EUROPE. Risk wisely and don't be greedy, trading has risks.

Legima305

USDCAD is a very strong resistance around 1.4512 area. There is a lot of volatility on the market now. Short with caution and don't risk much

Legima305

Look for short on smaller timeframes, use candlestick patterns for confirmation

Legima305 Updated 

More downside coming !

Legima305 Updated 

From our trend-lines, it is obvious this market is in a downtrend, since we confirmed the bearish engulfing and the head and shoulder pattern. From the weekly analysis we can see a downtrend. Follow: Instagram: @waveriderfxacademy Facebook Page: @waveriderfx Facebook: Legima Warren-Boss

Legima305 Updated 

Its a plesure to share my IDEAS again on here, EU has completed a 50% retracement on the daily timeframe and wave 1 of the Elliote wave. What I expect next week is over a 200 PIP flush downwards. Fundamentally global markets have are being hit hard with the corona virus. It clearly is causing logistics issues mainland Europe for MNC's and small and medium sized...

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