Gold on the 4H is almost at the resistive trendline, if the bears can keep gold below 1994, then they would make sure to take it to 1880 before another big rise up. TRADE WITH CAUTION
With an impulsive wave in view, the CHFJPY is on a correction phase and we might be seeing its ending soon to give us a move to the upside, price action and an impulsive would make this valid. TRADE WITH CAUTION Follow for updates
Following our idea of over 180pips short idea, the EURJPY is ready to ascend to for new local highs, with the wave 2 correction taking place, we see its finality soon. TRADE WITH CAUTION
Our eye has been on this pair since yesterday, as it rode on the long ascension to subwave 5 of Y, the ride to the downside has begun, as we see Euro getting weaker in the coming days, a daily confirmation is also underway (a bearish doji). TRADE WITH CAUTION
Following the invalidation of our previous idea on EURGBP, we updated the chart to see an extension of the wave X, one that had an extended sub wave 3, presently, we can see a triangle, a pattern of continuation to complete the wave 5, which is expected to stop at the Fibonacci extension 38.2%. TRADE WITH CAUTION
With the progressingly growing ethereum after the huge fall, we might be seeing an end to it at the 408 region as these price growth forms a bearish flag pattern to the downside and the wave c terminates at 1.618 FIB line almost coinciding with the 200 SMA on the 4H. TRADE WITH CAUTION
With the recent positive moves surrounding the dollar, the descent might not come immediately as expected, we might see another turbulence to USD pairs before we begin the zooming. TRADE WITH CAUTION
With the NFP news on Friday, we saw the DXY struggle to break the sequence of the lower highs that started since August, this still put the bears in control. We might be seeing a 5 waves move to the downside and then a big upward correction. TRADE WITH CAUTION
After a deep sub wave 4 correction in the form of wxyxz, we would be seeing a move to the upside with a minimum of 180 pips to achieve. TRADE WITH CAUTION
CHECK MY AUDUSD IDEA. THIS TRADE IS WORTH 150+ PIPS
In our previous analysis, we saw that we are in a corrective phase of BTC impulse move, with the first wave done i.e wave A, we would be seeing a wave B to the upside. TRADE WITH CAUTION
This is a long term view of the USDCAD, presently the moves are corrective in nature, considering the strength of the dollar, we might see a bit of a fall before a rise and another fall. TRADE WITH CAUTION. Follow for the mini timeframe views
This is another big move in our arsenal, the USDJPY has been making its move in a channel which can be identified as an ending diagonal for the wave 2 before making a nice impulse move to the upside. In the meantime, USDJPY would search for that liquidity which we believe is in the zone of 91-100. TRADE WITH CAUTION. Follow for the mini time-frame moves
We are on a steady decent to the upside, and the upside still has more space before a retracement occurs, cash in on it. Like and donate