TimStuyts

TimStuyts Updated 

For my previous posts and context see below: The weekly time frame shows a possible major bearish break out longer term.. Short term I will be looking for a reversal and retrace after the break out of the wedge (red) and/or channel (blue). I will be looking for an impulse of lesser degree followed by a consolidation and trade the continuation. Updates will...

TimStuyts Updated 

For my previous posts and updates have a look below: I'm looking for 5 waves for wave C towards at least 116. Therefore I like to look for buy trades after each minor consolidation. Keep in mind that NFP is on the agenda later today. (The count in green is indicative) www.timstuyts.com

TimStuyts Updated 

Have a look at my last EURUSD update for context. We are able to spot an impulse of lesser degree by means of a possible 5 waves higher. I like to see a consolidation up to NFP of more or less 50% of the current bullish move. The count in red is indicative and we have to wait and see how it unfolds in terms of confirmation. If we see that happening I will be...

TimStuyts Updated 

For my previous post and context see below: Based on the weekly time frame I expect a bullish continuation towards 0.80 longer term. Short term I expect a test of 0.75, I will therefore be looking for consolidations on lower time frames for buying opportunities towards 0.75. updates will follow. www.timstuyts.com facebook/timstuyts/

TimStuyts Updated 

For my previous post and context see previous post below: Price tested the upper structure line and I'll be focused on the next break out either bullish or bearish. I think we might see some bullish continuation to at least close the gap. However I trade what I see and like to see a consolidation first before opening a new...

TimStuyts Updated 

The GBPCAD is comparable to the USDCAD and EURCAD since the CAD is the driver behind this move. Although the Pound is under serious pressure against all other majors, it has to retrace now and then. I believe that we might see such a correction soon for a test of at least 1.92. However I updated EURCAD and USDCAD as well, it is wise to trade that pair that looks...

TimStuyts Updated 

For my previous post and short term trading strategy see below: The level which gives support at the moment has been determined a while ago based on structure in the past. Now I like to see a reversal out of this zone to support my bigger picture analysis. The leg lower has the characteristic of an impulsive wave A and should therefore present another sell...

TimStuyts Updated 

For my previous post and context see below: I expect this pair to retrace soon. I will be looking for a last leg lower towards 1.47 zone before we see a reversal. I need to see an impulse of lesser degree on lower time frames to buy after the minor consolidation. (the arrows show an indication of what I like to see) www.timstuyts.com facebook/timstuyts

TimStuyts Updated 

Gold broke out of the long term ending diagonal on the weekly time frame. For my weekly wave count of January 7 see below: The structure on the 4 hour chart is relatively obvious in terms of the previous impulse that resulted in the break. However the consolidation does not look right to me. This does not mean off course that it cannot be completed already, it...

TimStuyts Updated 

For my previous post and context see below: It seems like this move lower is close to its end. That doesn't mean that price will reverse and make a new high but I think that we will see at least a retrace towards 1.37 and possibly even 1.40. I like to see a last leg lower at the beginning of the week towards 1.34 zone but I trade what I see. Therefore I like to...

TimStuyts Updated 

For my previous post and context see below: Due to the impulsive move lower I have adjusted my wave count of larger degree. I think there is a reasonable chance that the EURUSD is correcting in the shape of a triangle shown by means of the RED wave count. The other scenario is a more complex corrective combination shown by means of the BLUE wave count....

TimStuyts Updated 

The GBPUSD reached a major Fibonacci confluence zone determined by 127 inv of the major swing lower from July 2014 to April 2015 as well as 138 inv of the swing from January range at 1.385. If we see a retrace in this pair we most likely see it from such a major zone. Therefore I will be looking for a possible test of 1.40. However the GBPUSD is under serious...

TimStuyts Updated 

For my previous post EURAUD see below: The EURAUD moved impulsively lower for what has currently be counted as either a wave A or wave 1. This is however not relevant for short term trading opportunities. If the bottom is in place for this leg I anticipate a consolidation towards ideal target zone 1.57 for either a wave B or 2. If this happens to be correct we...

TimStuyts Updated 

For my previous post and context see below: I'm still short the EURUSD for a deeper retrace. However we see a consolidation that is close to a possible end. This is shown by means of the channel of smaller degree. A bullish break does not automatically mean it will be the start of a new impulse higher yet. I still prefer a deeper correction of the previous...

TimStuyts

The AUDUSD is in a complex structure on the higher time frames (4 hour and daily). However I think that the 1 hour time frame might present a trade opportunity soon. IF we see a corrective move lower for a wave C. (scenario in purple) THEN I will be looking for a buy opportunity to target 0.735 zone. Buying AUDUSD from these levels is not what I like to do, So I...

TimStuyts Updated 

Those who might know me from before I was posting on Tradingview might recognize my analysis of AUDNZD in June 2015. I was looking for a wave 2 correction/consolidation on the daily time frame. The question now is whether wave 2 is over after a 61.8% retrace of the length of wave 1. Nevertheless the daily structure we are in at the moment is corrective and I will...

TimStuyts Updated 

For my previous post and context have a look at my previous post below: Short term we might see at least one more leg higher. This might provide a buy day trade opportunity, However I think that in terms of the bigger picture there is more bearish price action to come which will provide another sell opportunity once this consolidation is over.

TimStuyts Updated 

Longer term I expect USDJPY to reach 107, however short term I expect at least another leg higher within this correction of larger degree. I will be looking for a buy opportunity from the lower time frames to target 116. At the moment we see an impulse on the 15 min time frame of lesser degree and I will be looking for a consolidation on 15 min time frame to end...