TomBurgoine

TomBurgoine

A wave of the ABC correction wave long is in the process. good for 500 pips on the A and C wave

TomBurgoine

GBPJPY Short on breakout of support trend line.

TomBurgoine

Sorry I realised I posted the original in Heiken ashi. This is the original.

TomBurgoine

Catch the short set up before it breaks its support.

TomBurgoine Updated 

The GBPNZD is consolidating after going short considerably. This still has lower moment to the lower red support line.

TomBurgoine

Catch the end of this upward channel to continue the downtrend

TomBurgoine

In my Chart I have put my view for both Long and Short positions. The upward trend line will act as a support along with the Ichi Cloud. if it breaks this then a further consolidation followed by lower lows.

TomBurgoine

This could break out the resistance at D going to a yearly resistance where it will then go short.

TomBurgoine

My Suggestion is that this will follow the smaller channel going short before going Long.

TomBurgoine

Just a little day or 2 of climb then the big fall as part of a bigger downward channel. this downwards channel is part of an even bigger sideways channel. Thoughts? as I an a newbe to trading.

TomBurgoine

Can see a short channel forming....... Thoughts?

TomBurgoine

In adidtion to my earlier idea, it is now proving right.

TomBurgoine

Upon point B (Already reached) go short to price C, correction long to then point D, if breaks out then keep going long. if not then go short. Lower support (green line) is the one to watch.

TomBurgoine

looking to go short down to 180/79. look for the support break out going short

TomBurgoine

Update on previous. Strong upward trend

TomBurgoine

X to A already executed but strong trend as indicated.

TomBurgoine

As my last post but with a bid upside trend