Macshow

Macshow

GBYJPY 4H price is currently in a WXY correction of the higher degree. The price is on the Y leg of thecorrection

Macshow

Price is currently in a 3 Waves channel. Its currently forming a 2nd Flag expected to extend to Fib 61.8 @ around 1.48780. Afterwards, the Price is expected to rally up to Fib Ext 127.7 of the poll of the 2nd flag to about 1.5456

Macshow

There is an expectattion that price will retest 1.2500 before going down

Macshow

Daily TF view which shows the 5 wave count to complete the Bigger correction on Weekly

Macshow

On Weekly TF, USDCAD is on a Bigger correction to test 1.305. The lower TF wave counts on Daily, price is at the end of Wave 2 (1.27) prepping for an impulsive wave of Wave 3. I expect Price to get to 1.3 before flushing down sometime in the future

Macshow

Daily TF to align with weekly Wave count. short to 1.06 -1.05

Macshow Updated 

Completion of Wave 5 on weekly TF to 1.06. Currently, at end of Wave 3 on Daily,we expect a correction for Wave before extending down to wave 5 to align with the completion of Wave 5 of the weekly TF

Macshow

Currently on wave 4 correction on Weekly chart - ABCDE. The correction is currently at the 5th wave to the E leg. On daily, a pullback to 61.8 fibs is expected before a downward direction to complete the 5th wave

Macshow

ABCDE Waves structure.. Currently about to complete Wave D. Wait for completion of wave D to Take importunity of Wave with a better R:R. Note that Market is very slow due to the holidays. Happy trading

Macshow Updated 

Watch out for Correction Structure. Go Short for First correction wave. Apply MM

Macshow Updated 

Its a Wave 4 Correction of higher degree 5waves. (Triangle) BUY after breakout of the formation.

Macshow

Consolidation Stage at Wave D. Buy Opportunity in the Wave E. Apply MM

Macshow

its a 3-3-5 Expanded Flat. Wave C could be starting. Expect a 5 - wave structure within the C move. Happy Trading.

Macshow

Currently at Wave Z of WXYXZ formation.- Short on a long term basis. Lookout for Fractal waves within the Higher Degree wave Z for opportunities to buy or sell. Apply MM

Macshow

Wave A Completed. Watch out for Wave B. Go LONG and trade within the Channel.