Convergence on Histo and Momentum. follow on screen.
Nice trade set up to go short. Seeing divergence on the daily.
Showing good convergence on both the momentum and Histo. Wait for a break in trend to go long.
Showing Convergence on both the Histo and the Momentum. just broke the trend line going Long.
As seen trade. Personally I would wait for the break of the wave 2 consolidation short before entering. A good risk to reward is going in and trying to pick the top.
This is a reversal within the channel. Very good risk to reward.
This is the EURAUD on a c wave short. This has just broken the B wave trend line which is a good entry point. Wait for a flag on the hourly to enter.
Wave analysis on the EUR CAD. Nice move short. Wait for a little flag below the trend line then enter.
Wait for a break in the trend line to go Long. We have good Convergence forming.
We have a good Divergence on the Daily. Enter short on the break of the trend line.
ONCE THE GBPJPY BREAKS THE TREND LINE, WAIT FOR THE RETRACT DOWN. ONCE IT HAS BROKEN THE EXTREMITY OF WHERE IT BROKE THE TREND LINE, ENTER THE TRADE PLACING THE STOP AT THE BOTTOM OF THE RETRACE.
This is the beginning of the Wave 4 (C) wave short. As wave 4 (A) is almost at the extreme of wave 2, the this will likely be a double bottom before moving fast long.
Overall this shows the structure for the big move long. Short term (1 week) will give you a good move long but long term will show the structure for the long move. Hope you all make some money on this.
Head and shoulders pattern forming which is a reversal of the bigger trend.
Wait for the ABC retrace (WAVE 2) and then go long for the wave 3 of 3 which will be fast moving.