Watch for a break to the downside here of the structure almost fully developed (shown in purple).. downside because I believe we are going to get back to following the direction of the upper level bear impulse (shown in brown).. if it breaks, I would still wait for it to go down a bit more before entering the Sell since I am also thinking this structure so far can...
Watch for a break out here of the structure developing in purple.. however be careful.. if it breaks, I would still wait for it to go up a bit more before entering the Buy since I am also thinking this structure so far can just be the A wave of a complex correction and has the potential to go back down for a C wave shown in light blue
I'm watching this one closely. I am expecting a long term sell opportunity coming. Long term in the sense that these will be positions to be held until at least mid to late 2019 and we can expect to see CAD reaching parity with USD and go beyond. Please see my Monthly analysis idea for this forecast. My analysis still leaves the possibility of one more local up...
Possible buy opportunity approaching for GBPCAD. I would closely monitor this for the next week at least and watch for a break out to the upside. Check for confirmation via flag on lower time level and enter only when there is clear indication, otherwise let it go. Possible SL @ ~1.599 for long term trade or @ ~1.64164 (or @ ~1.639 if goes back down for a E wave)...
AUDJPY Possible Long Term Direction Analysis
AUDNZD Possible Buy Setup: wait and monitor closely for now. I believe we are either at the start of a short term impulse on 1H, or we can still be in D wave of the 30Min corrective structure watch for break of trend to the upside (should show flag on lower time scale above trend line for confirmation) if it goes back down below ~1.03675, then set up is...
NZDUSD Possible Long Term Direction
AUDCAD Possible Long Term Direction
AUDUSD Possible Long Term Direction
USDCAD Possible Long Term Direction
EURNZD Possible Long Term Direction
AUDNZD Possible Long Term Direction Analysis
EURNZD Possible Buy Setup: wait and monitor closely for now watch for break of trend to the upside (should show flag on lower time scale above trend line for confirmation) if it goes back down below 1.47123, then set up is invalid and Daily level structure is still continuing E wave if it falls below 1.46922, then we are still in the C wave of the...
S&P500 Possible Long term Direction Analysis
DXY Possible Long Term Direction Analysis
EURUSD Possible Long Term Direction Analysis
GBPCAD Possible Long Term Direction
GBPAUD Possible Long Term Direction