BTCUSD has reached an inflection point where it can fail to follow through with the current breakout, or follow through to reach new historical 2 year high.
Trendline that began June 15th 2018 is being broken due to Euro meltdown. EURNZD has hit major resistance at 1.7485 and currently retracing to fib. level. This trade also has potential for longer term investing since the trend that began at the beginning of 2017 was compromised in late May of this year.
CAD appears to be making a move on Crude Oil's advance these past few weeks. While Crude Oil improves, CAD is setup to advance on its third Elliot Wave. The target point is verified with confluence using EW analsyis, Fib. retracement levels, pivot points, support/resistance, and fundamentals. Set a good stop loss to protect yourself and may the force be with us!
This is a Bearish Channel, expecting sell-off to continue with strong momentum on the next down swing. This setup is based on pivot, fib. levels, pattern and E-wave analysis. Ease in and good luck, may the force be with you all!
Great Buy opportunity here, IF price action breaks out of the descending wedge. This confirms the initiation of a correction wave. Take profits and move stop loss up, leading to 61.8%. Confluence with diverging indicators, trade volume, patterns, key fib. levels, and E wave analysis. Wedge breakouts usually have volatile reversals and FOMC is coming up...
Risk/Reward ratio on this trade setup is really good right now. It has reached the top of an 18 month trending channel with confluence from 1.618 fib extension. It just broke out of an ascending wedge on the 30 minute chart, and retraced back to 88.6%, may be ready for a big move during the next London session, to the downside. Use your entry strategy to profit...
This trade setup is based on uptrend wave structure, and the possible formation of a Gartley pattern that will help confirm continuation of the 5th Elliot Wave. If the Gartley pattern develops, it will have confluence with the start of the next wave, giving an opportunity for very good risk/reward, with an enter/exit strategy. This cross moves very fast so be...
Longterm trade for USDMXN. Emerging markets are still freaking out with the U.S. Election but when it subsides, we will square up and probably go right back to where we left off.
EURUSD looks like it is now getting into a channel with a clear view of what its structure might look like. This trade has a really good Risk:Reward ratio. There is confluence between support/resistence, fib. levels, and trend lines. Use your entry strategy to make it work. may the force be with us!