URIFX

URIFX Updated 

I have 2 wave counts. 1/ If price action forms 5 waves of a diagonal ==> there is a 5th wave to trade 2/ If the current price is a correction (don't overlap wave 1 - red zone), next wave is wave 3. A huge move up! Waiting for the breakout is the best for me!

URIFX Updated 

After trying to reach LL 3 times, price attend to create new up channel. This channel should be wave Y of a Flat or a next impulse up wave!

URIFX Updated 

We maybe @ wave 5 of the current correction. If price breaks the extreme of wave 4, we will looking for a new bull channel

URIFX Updated 

In previous idea , I followed a failing wedge in wave C and the current wave could be a wave 5 - the last wave. Does it end?? Let's look at lower timeframe (1h), there are some confusing in counting with 2 alternative counts. 1/ The current wave is wave 5 of C of last ABC? 2/ The current wave is wave A of last ABC? For this setup, I will wait for the next...

URIFX

The breakout is so clear!

URIFX Updated 

The current wave maybe wave 4 of wave C of wave X (maybe WXY)

URIFX Updated 

Waiting for correction then sell next impulse wave!

URIFX Updated 

If price breaks the Low of wave iii, it should be wave v (refer this one) If price breaks upper trend line of wave C, it should be wave 2 of next impulse wave.

URIFX Updated 

Looking for a reversal @ weakness of a bear trend. Take some days to confirm a reversal there. Trade a wedge requires patience ==> I have a failed case study in previous settup: EURAUD: Waiting for new impulse..

URIFX Updated 

It seems to be at wave C of a zigzag correction. Waiting the end of wave 5 to buy (may be a divergence in MACD)

URIFX

It seems to be end of correction and begin new impulse wave! Buy correction!

URIFX

The chart tells everything! Thanks

URIFX

It seems to be a corrective wave If the current wave moves slowly, takes much time and low volume. Expect 1 more wave down before going up!

URIFX

1M trend: Bear and near by monthly support, at wave 5 or correction of wave 5. Bear still control! 240H trend: it seem to be a X wave of a double zigzag WXY. Next hours: price should form a triangle or ending diagonal (may be)!!! Entry: Buy wave 3 if bull, Sell breakout bellow bull channel trendline.

URIFX Updated 

In previous ideas on this pair, I tried to catch up new bull impulse wave but price failed to break out the ending diagonal. Price went down by an impulse wave and overlapped wave 2 of the larger previous wave. I think price will go deeply to 61.8% or event 76.4% of fibo level.

URIFX Updated 

Following a strong down side wave is an correction, a triangle. MACD shows an divergence in 1H time frame ==> should correct a little bit. I will looking for sell @ my sell zone.

URIFX Updated 

1D wave: Bear. Still bear until reach the 50 - 61.8 fib level. 4H wave: complete A-B-C, next A-B-(C or impulse wave). Invalid setup: If price goes over high of wave A. Setup Confirmation: if price goes into the safe zone + high volume OR price breaks current wave channel + high volume.

URIFX Updated 

1D trend: strong bearish and not ending yet. Looking for sell more. 1H trend: not a correction yet but bear wave is weaker and weaker @ daily Support trendline. A divergence formed in MACD indicator. Wait for the first bull impulse wave => buy correction breakout of this impulse.