Waves-Fib

Waves-Fib

GBPJPY is still forming wave 4 which is why our buyers are preparing for a long on wave 5. Not interested until our fib area is hit with a correction pattern we can identify.

Waves-Fib

As AUDJPY is forming the forth wave I will sit back and wait for the the buyers to take wave 5 beyond the heights of wave 3. I am expecting price to hit the base channel for support or the trendline which has been hit twice (see yellow arrows on the second wave)

Waves-Fib

As AUDJPY is currently preforming a pullback I can expect GBPAUD to play in the opposite. I will be interested in shorting GBPAUD once the trend line as been hit all the way to the minimum target for the wave 3 (1.618 Fib)

Waves-Fib

Please remember that AUDUSD will more in the opposite of USDCHF. I am expecting a pull back before price breaks through the base channel. As USDCHF is currently forming the second wave.

Waves-Fib Updated 

Following the EW principal we have a beautiful set up coming up, it is our recommendation to wait until price has finished wave 4. Then you can sell to wave 5 which should be the same length as wave 1. Happy trading and have a good weekend.

Waves-Fib

Our traders are setting up buy limits due to the heavy bias on our markups. We aim to trade GBPJPY all the way through to completion.

Waves-Fib

following the rules of the EW I have my swing long set up, I am tempted to short until Wave 2 is complete however I have no guarantee wave 1 is completely finished. I will sit back and place my price alerts in the appropriate area. Stand back and stand by ;)

Waves-Fib

Currently have a buy limit placed

Waves-Fib

Price alert set, won't enter unless I have my confirmation on the 1 hour

Waves-Fib

Another signal sent through to the team.

Waves-Fib

Sent this to the team, took full advantage of our signals.

Waves-Fib

Sent this team to the team 4 days ago, took full advantage of our signals.

Waves-Fib

Sent this team to the team 4 days ago, took full advantage of our signals.

Waves-Fib

Sent this team to the team 4 days ago, took full advantage of our signals.

Waves-Fib

This is on my radar for tomorrow's London session.

Waves-Fib

Trading this channel, seriously lack of volatility this London session