Setting up the chart for a heavy news week in UCAD. Look for a push to the Low and a Break up this week....Possibly Monday New York or Tuesday New York. Let's see how long it takes to finish the setup.
Go Long and hold...NZD See chart.
Looking to target 86 to 92 potentially. If price breaks the channel to the upside...wait for a retest and enter Long.
Look for an entry now. Probably around the CNY news at 9:30Eastern. Go long to the 1.618 to trade with Wave 3. Gonna be a great trade. Price has finished the 1 wave and has retraced to the 1.276 extension. wave 1 of 1 of 3 has just formed and 2 is finishing....Really...Go Long.
See chart
Trade the C short
May retrace to 1.276...then go long...STOP it out if lower low is made.
CLICK here to see my last NZD call where this WXY is finishing up. WAVE 3 about to start....GO LONG. HOLD FOR A WHILE. Then keep holding! Lovely Trade setting up.
Look to see a finished 5 waves....then GO LONG on AU for 40 pips or so. We will evaluate the trade then.
Wait for retrace and enter short. See chart for price projections.
Look for long entry on the 1hr and the 15min....beginning now. Hidden Bullish divergence on the 4hr chart pointing us UP. Watch out for news tonight at 9:30pm Eastern Standard Time.
Just completing 3rd wave and heading up LONG for a corrective 4 wave tonight most likely. Setting up for a SELL tomorrow night at news. Take your 30 pips and run...wait for news tomorrow in Asian and see if a sell is setting up. Should be good.
Chart setting up for a short term short trade in AU.
Let me know if you have any questions.