Elliott Wave Theory and Institutional Trading = Unbeatable combination!
Elliott Wave Theory and Institutional Trading = An Unbeatable Combination!
Retail traders get stopped out! Then the official move begins!
Very nice opportunity presented on CAD CHF based on Institutional Trading (ICT) and Elliott Wave Theory!
Elliott Wave Theory and Institutional Trading
Elliott Wave Theory and Institutional trading suggests a short bias until the liquidity void is filled!
Wait for break above the breaker and then enter a long targeting the liquidity above the triple top!
Liquidity engineered at the top of the triple bottom which will be without doubt hunted for! Elliott Wave Theory also suggests a possible long position!
Please note GBP fundamentals are not good due to the massive amount of debt it is in! Therefore take this trade with proper risk management and caution!
If price closes above 1.735 we take the buy and happy days to the top. Right now the retail traders are selling due to the break of the channel but the long bullish candle suggests institutions at work!
If price closes above the previous long bearish candle then we can get a nice sniper entry and take it another 200 pips!
We should see a push up to our supply zone especially as retail sellers got stopped out and liquidity caught!
Elliott wave and Institutional trading suggests a long term long analysis
Elliott Wave Theory and Institutional Trading suggests NZD CAD if the candle closes below the order block marked.