It seems we have a possible trade going LONG on this pair, to 2x targets, based on the following: Stochastic suggests over sold position for several days, on the hourly, suggesting an impending upward move next. Fibonacci measurement plus pattern/structure analysis suggests the same upward move before continuing downwards to complete a bearish wave 3 on the...
It seems we have a probable LONG trade possibility on this pair, based on the following factors: Elliott wave count suggests a wave 3 has almost been completed and is on the last price action through to the wave 3 target. Pattern structure has been broken for a small upwards move (to target 1 and/or 2) before it continues downward. Stochastic suggests a...
It seems we have a good trade going LONG on the EUR/USD pair. Based on my analysis, we have a bullish signal, with confirmation from pattern analysis breaking structure, together with ABC corrective Elliott wave count on the minute - looking to trade the wave C, inside a wave 4 on the minor, up to a major resistance (bottom channel). RSI also suggests an upward...
It seems that there are 2x possibilities right at this time, could go either way, but it doesn't look good for the network. Why? TECHNICAL: Possibility #1: Stock has hit the bottom of an ascending triangle and on it's way up to complete the final stages of the triangle. Reasons for this analysis is based on possible Elliott wave #2 count plus channel/structure...
Technical: It seems TWX stock is now heading for a disaster, looking at the monthly and weekly charts, we have just completed a very lengthy correction, over several years in the making. My Elliott wave analysis for this pair, shows that if the current trend continues, the next impulse wave will send the stock to a crash. MACD confirms the end of the current...
It seems we may have a LONG possible move on this pair for the hourly chart, based on structure and a triangle on the Daily, using a fibonacci 0.50 target. RSI seems to indicate an upward move from current position, however Stochastic shows overbought already. MACD indicates an upward...
It seems that wave a has almost completed and we are approaching the start of wave b at the trendline, after a Bump and Run pattern has formed and cleanly broken structure. SMA shows a clear bearish move in progress and should continue to the first approaching trendline. RSI shows it is approaching the oversold position whilst Stochastic shows it has already...
It seems we have an opportunity to LONG this pair, based on Elliott wave count on a wave 3 minuette time period and breakout of structure including use of 0.50 ~ 0.618 fibonacci, which both line up. Stochastic indicates a small move down before moving upwards and MACD 4C indicates the finalising of wave 2 minuette in preparation for a wave 3...
No setup as yet, however there is potential for a continuation of retracement (short) and then breakout of a major trendline to go LONG. If the weekly chart trendline (triangle) breaks, we will be in for a massive bullish market move. No setup as yet but watch out for these levels and trendlines.
It seems that we have a good opportunity to SHORT the Eur/Aud pair on breakout of structure on a 1 Hour chart. My Elliott wave analysis also shows a SHORT position to trade Wave C on the Minor time period (Hourly) as well. Although RSI shows mid level, Stochastic shows a high probability of a SHORT also. MACD indicates a potential down move also, where the...
It seems we have an opportunity to SHORT this pair for a wave 3 on the minuette time period. Elliott wave count seems to point towards a wave 3 in bearish trend, together with a breakout from a corrective structure. RSI also suggests a continuation downwards as well as SMA suggesting a short entry...
It seems we have a confirmed Triangle formed with wave e starting on the Intermediate period !!! This is a really great opportunity to have such a formation on an Intermediate time frame as there is great profitable opportunity. Due to the fact that we have just seen significant price action moves during high impact news, in both directions, and the price action...
It seems we have a possible BUY setup on this pair, to trade on a breakout of the channel, to the first trendline, and possibly the next upper trendline. However once the price action hits the first trendline, caution is required as it might just be a retracement which will mean it will go SHORT most likely to the bottom trendline on the monthly. All indications...
It seems we have 2 probable trades on this pair. One is a BUY and another is a SELL. Based on the wave count, we are in the middle of a wave 3 minor count. However due to the nature of this pair, and looking at previous structure, it seems there is a very high probability that a major retracement will occur before a very strong push upwards starts. Therefore I...
It seems to me that we have a very clear sell setup on this based on several key factors, not only technically but also fundamentally. Technical: We seem to be in the middle of wave 5 intermediate whilst hitting a very important trendline/channel, which seems to have been broken already on the daily and is currently in a retracement action. MACD suggests we are...
It seems we have a great opportunity to sell on this pair, based on my wave count, for the continuation of wave 3 minute of wave 5 minor. Stochastic shows an overbought position and so its probable that we will continue to see downwards price action at least until wave 3 minute of wave 5...
It seems that this pair has just completed wave X and is now on a wave Y downwards to a 0.382 fibonacci/retracement, IF the price actions breaks structure. If the price action does not break structure, then the structure of the wave count will be changed and I will re-analyse it again for the next entry. SMA seems to indicate the start of a retracement as well...
It seems we have a clear SELL (SHORT) setup on this pair, with an abcde triangle formed and now we are waiting for the drop, break of structure (outside the triangle) for confirmation. SMA shows clear bearish trend on 4Hourly and I've forecast an impulse on the way down now from the triangle, at least until the first trendline. This should be a good...