AUDJPY is forming a 4H correction pattern inside a longer time frame correction pattern. We have to wait and watch if the 4H correction pattern ends at 50% retrace or 61.8% retrace. Fib retrace levels are in confluence with 1:1 and 1:1.272 extension of A vs B inside the 4H correction pattern. In either case., there will be one more wave up once the correction is over.
Price is ranging inside a wedge pattern. Price turning down from the trend line. Break out down side of the wedge should give us a quick wave downwards.
Pair has been trading inside a wedge with a nice complex correction pattern. When will the pattern complete is a tricky question. However potential downward move can start either from .618 retrace or once the final wave is broken out of the channel.
Price has been trading inside Flag pattern. Price is at .618 retrace. Divergence on lower time frames. Time to go long a bullish price action.
USDCAD seems to be stuck inside a correction pattern. Let's see if .618 retrace gives any sell opportunity.
break out upside of the triangle correction pattern should be a good buy option.
A nice and long impulse wave is ending with a divergence. once the MACD crosses downwards. Look for a nice short set up with good money management.
Break outside of the correction channel can be a good buy option. Once the price reaches the target., Please punch the Thumbs Up.., :)
Looks like end of an impulse wave. Divergence confirms a short term correction
This pair seems to be in an impulse move down. Indicators point towards a short term corrective wave. Can be a good counter trend trade with an excellent risk reward.
looks like Wave 4 running out of steam.., Time to sell AUDUSD for a quick drop.
After an ugly and long correction in fourth wave. Waiting for the break out of the trend line to en cash the impulse move in fifth wave.
After getting rejected twice at 1H support turned resistance level, It is getting ready for an impulse move down. Time to Sell
After the break of the trend line a short term pull back can be expected from ending point of the butterfly pattern. However please trade it with proper money management as this could be a shallow pull back. Once the pair plays as per the trade plan. Appreciate if you can punch a like.
Technical indicators are hinting an end of the impulse wave predicted in my previous idea. Break of the trend line should start a corrective wave which can test 4 hour trend line. Get ready to trade the break out. Here is my previous idea which played as per the plan. appreciate if you all can punch a like if you agree with the idea.
After the Zig Zag correction. this pair should ideally complete Wave 2 with a final push up. Time to go long. with a good risk reward ratio.
Let's wait for the wave 4 to complete.., will be a good chance to trade 5th wave with an impulse move.
Sell the pair based on the correction pattern. Plan A. sell from Top. Plan B. if it starts dropping before completing the ABC pattern. Start selling pull backs.