Nicholas1993Hall

Nicholas1993Hall

Everyone keeps talking about this pair being a buy this coming week, if you use common sense you can see that we are in a corrective structure. Forex pairs spend 70% of their time in corrections and only 30% in impulses, so being able to identify a choppy looking correction as we have here from a clean impulse is key to being on the right side of the market. We...

Nicholas1993Hall

On the 4 hour and daily chart we have bullish divergence across the board, indicating a change in trend is right around the corner. On the smaller scale of things, here we have a clean impulse with bearish divergence between wave 3 and 5 indicting there will be a correction as soon at the support on the channel is broken. This will be the confirmation needed in my...

Nicholas1993Hall

Coming off the low i do not see that as an impulse, but more of a correction of the impulse downwards. I believe we are in a bull market and I have the bear market starting around 2020. (When a democrat leader gets elected in the USA and everything goes to hell in a hand basket!)

Nicholas1993Hall

Technicals * Wave 1 and 2 were established with wave 2 as a flat. Im expecting a swift thrust to wave 3, minimum target is the 1.618 extension of waves 1 vs. 3. Fundamentals: * With a very positive NFP report the other day, i did not see the bullish momentum needed for another push down for eur. *Trump imposed very harsh tariffs on the EU, Canada, and Mexico...

Nicholas1993Hall

We have 80 pips down to the 0.618% of Sub 3 vs. 5 in Primary C as our max target. After counting the sub moves i believe this to be complete, but have to be ready for anything.

Nicholas1993Hall

Elliot outlook Primary 1 Sub 1 vs. 3= 1.618% Sub 3 vs. 5= 1.618% (If the 5th wave is extended this is expected) Primary 2 A vs. C= .786% 5-3-5 in nature. ("The right look") Primary 1 vs. 2 retracement 0.618% ZigZag Primary 3 Primary 1 vs. 3= 1.618% Sub 1 vs. 3= 2.618% Sub 2 is a flat, while sub 4 is a zz. Primary 4 Expanded Flat A vs. B= 1.236% A vs. C=...

Nicholas1993Hall

Technicals: The possibility of this being a bullish triangle becomes more real everyday that this does not drop. We possibly could be in a 3 wave D within the triangle. If price breaks above the recent high i will lean towards this count more.

Nicholas1993Hall

Technicals: The fives waves as i can see it have concluded. Possible flat correction in play since we had two 3 wave moves already. We also still have the gap at the bottom!

Nicholas1993Hall

Techicals: * The wave 2 correction is over, A vs. C of the zigzag= 1.618% and is starting to fall. * My projected wave 3 is the 1.618 target, where i also will take profit. I think this is where EUR/USD goes into an official bearish trend. Goodluck!

Nicholas1993Hall

Technicals: * Just concluded the subwaves 1 & 2 and going into the minimum requirement for wave 3 the 1.618%. I hope everyone is having fun selling EUR/USD, itll be a long ride down ;)

Nicholas1993Hall

Technicals * We have had an extended impulse downwards and the pullback will be this week. * I did not over complicate my approach here. Just buy after the first higher low. * Indicators on daily and 4hr are due for a pullback. * What i have plotted is confluence zone set by multiple retracements from the recent swing highs. Those 2 clusters might serve as...

Nicholas1993Hall

Technicals: * Wave 2 was a sharp correction and wave 4 currently is flat (Rule of Alternation satisfied) * Wave 3 reached a key ratio the 2.618% projection. * Daily and 4 hour indicators are completely on our side for this being bullish. * We will have wave 5 and a small pull back before exploding up even more. I am anticipating a small correction of this...

Nicholas1993Hall

Techicals: * Just finished the zigzag correction of the previous impulse. * Hidden bullish divergence is present on the 15min indicators. * The potential of this trade is endless coming off a long term correction. I might make a longer term investment considering its potential. * The subwave count has followed elliots guideline perfectly, good luck!

Nicholas1993Hall

Technicals * I believe we are in a wave C correction on the 4 hour chart that is nearing an end. * The count is confirmed by the flat correction in wave 2 vs. the zigzag in wave 4. (Alternation) * Wave three met the 1.618% and wave four hit the 0.5%, both acceptable levels for a count. * 4 hr chart indicators are exhausted.

Nicholas1993Hall

Technicals: * Wave A in the retracement hit the 38% and wave B hit the 23%. In most cases wave C pushes to the 0.618% when these levels are met. * The currencies that are weighted against the USD are having a pullback right now, (just makes sense that this one would have a bullish pullback since the USD is the base currency here). * Im expecting a very bullish...

Nicholas1993Hall

Technicals * We are being contained in this channel and it has created some great opportunities for us the past few weeks. * Measured the retracement of the recent push down since were in a down trend. * All potential zones that it may stall at and drop! Good luck guys!!

Nicholas1993Hall

Technicals: * Previously we have a double zigzag on our hands that gave us the fantastic sell opportunity last week. * Now we can clearly count 5 waves down and it broke the channel line structure for a retracement. * I have a feeling since were all expecting EUR/USD to be bearish for the long run. This is a primary wave 1 and 2 we are seeing and the next impulse...

Nicholas1993Hall

Technicals: * Primary wave B is being confirmed by the zigzag nature price is giving us here. * Since sub-wave A within primary wave B hit the 0.38% i believe we may see price rise to the 0.618% level before dropping into a beautiful primary C wave sell! * I will not open any long positions on this since i feel at any given retracement level we could enter...