Sell to next area of liquidity. Wait for pullback on 1hr and re enter ;)
We can see a shift in momentum for EC , a break past a daily trend line , with some RSI divergence pithing this pair down towards the 50/61.8 retracement level.
This pair has been doing measured moves all the way down, I'm expecting it to do the same thing retracing off the 61.8 fib level. We can also see a little bit of RSI divergence on the 4 hr.
Broke past trend line, a shift in momentum, and a re test of the trend line around the 71.00 fib level and a lot of RSI divergence on the 1 hr time frame.
Creating new LLs and LHs suggesting continuation to the downside. Looking to sell off the 61.8 fib which matches nicely with the trend line
Shift in momentum for EURCHF, I see new HHs being created to around the -0.618.
Broke past several areas, trend line retest matches with 61.8 fib. Looking to catch around 150 pips to the next impulsive move down off the daily timeframe
Shift in momentum for gold , forming flag suggesting possible move to the downside and nice 61.8 retracement
Nice confluence at the 61.8. Broke past many key areas, looking to retest the 50/61.8 area.
61.8 retracement has a lot of confluence suggesting nice possible sell. Tiny bit of RSI divergence will be expected.
Nice confluence at the 61.8. Potential to catch between 120-170 pips.
On the daily there is the 3rd leg of Elliot wave forming with a 61.8 retracement. However, on the lower timeframe, we see there is a potential H&S pattern forming which is in confluence with the 61.8 fib level. A shift in momentum happened as it broke past the most recent HL point. There is also measured moves happening with the next impulsive move matching with...
GU has been in a up trending market for a while and the 5th/3rd wave of Elliot is due. We see here a 61.8, RSI oversold, trend line touch and other factors that indicate a buy for this pair. But be weary as major news for GBP and USD is all week.
I never normally look at UJ but here's a set up that I found.
Elliot wave 5th wave idea. Retracement starting off the trend line and looking like it could possibly.
Impulsive moves upwards, very hard trending market right now.