Looking like this might be a 3 wave correction for Wave E of the possible triangle on the Daily! If we get the channel like the one on GU and countless other instruments it might be a good sell setup in formation!
just a simple wave trade setup if we get the flag!
finally broke lol looking for more downside. Coincidence that it happened a little after NY close? I dont think so....
Maybe soon, It can keep pulsing down, but a buy on a good breakout might not be a bad idea!
The line graph is EUR/USD & Candles USD/CHF This is a common pair that traders say is inversely correlated... Is there correlation between economies? Is it because of USD's part? Will correlation make you the good R/R trades or structure? Is there a way to trade the correlation (if any) effectively? Draw your own conclusions & have a good weekend!
looks like it could be a possibility! Trade responsibly!
looks like a time to watch for a buy setup to me!
I know I said don't label it, this is just for my own insanity :) Thanks!
Hey guys, Ive been tracking yen futures and posting updates for forex fb group. This is good to look at for JPY pairs. Looking for more downside on YEN, so upside for xxx/JPY pairs
looks like a break and flag, let's see if this one goes!