I've been focusing on the short position, but I'm also aware that it's in a big correction wave. That means It's already ending the correction wave soon and continuing to build an impulse wave. I have no idea whether it will be Up or Down. But the previous impulse wave was a downtrend, so in my previous analysis, I focused on selling. Maybe this will be the last...
To get to the point of updating the chart, I'm still focusing on the short side and have two options for entering the trade. No. 1 I intend to sell on the Harmonic Pattern -> Butterfly Pattern. No.2 I'll perceive it as a corrective wave, therefore I'll act when it reaches the top of the pattern.
I've focused on EURAUD for a month now. And I only follow big-trend trade. My trading method is Demand supply zone and line + Fibo + Volume profile and Any pattern that may occur in the chart. Analysis Time (I can't show my specific entry-trade position) 1. I found that there is an uptrend that is a W.5 on Eiiotwave (That may go up to 1.271.382/1.618). 2. Head...
Firstly, I've followed the trend in Week and Daily timeframes. That I realized that AUDUSD is in Downtrend. Then, I focus on finding a short order. A technique that uses is the Fibo+Eillotwave+ Demand supply zone Fibo for Entry Eillotwaves for trend analysis DS Zone for Entry and Closing order *We can focus on selling at a small amount lot and holding the...
Based on fundamental data, it is to process an intervention on currency to improve overall economic conditions in their country. In the technique analysis, I could tell that this is the big uptrend from Q3–Q4 2022. That means it will be a chance to have a correction wave to create a base for institutions to take their time and place their position in the market....
After completing the Harmonic pattern, I have expected to move upward with an up-trendline. breakout Horizontal line with a triangle pattern. Analysis: Pure Triangle PT. + Cot report + Trendline Trading setup: Risk setup Trader action: Watch a market movement and wait for more confirmation. feel free to comment and share your analysis below.
I have expected UCHF Breakout the resistance Lv. 0.89167 and go up. Analysis : Big move from H&S + Traiangle PT. Wait to find Sniper entry
Support lv. : 0.88037 Analysis: Harmonic(Gartley pt.) + Divergence + COT report Expect: on support lv. maybe have to create a reversal pattern(Double bottom, H&S, etc.) for the Long-term buy.
2 Opportunity for Seller 1. Short-term sell (H&S pattern) 2. Long-term sell, in the weekly timeframe we expect GU to create a Cypher pt. in Key lv. 1.38657, but we need to wait for the confirmation (Divergence, Doubletop, Etc.)