peterpel

peterpel

The pair found resistance at the 38.2% Fibonacci level of Blue wave 4 vs 3 which also doubles as the end of the previous 4th wave which is an important guideline for corrective patterns turning points. HOW TO TRAD THIS. Wait for the pair to break out of the channel before you look for sell signals in order not to be caught on the wrong side should in case of...

peterpel

USDMXN - The pair is forming a triangle to complete purple wave 4. The triangle pattern is also forming another triangle as its green wave (e). The Wave Principle allows a triangle inside a triangle only in wave e. HOW TO TRADE THIS SETUP - Wait for price to break out of the green wave (e) triangle and look for buy setups to complete purple wave 5. The...

peterpel Updated 

EURUSD is setting up for a bullish run after the completion of correction of Subminute II. Dollar Currency Index has also completed its Subminutte Wave II and bears gathering momentum to push price downwards for Wave 3. This correlation will help push the price of EURUSD upwards SCENARIO Recommendation: Buy Wait for Correction in Lower time frames and buy...

peterpel Updated 

A zigzag correction of ABC is completing for Subminuette Wave 2 and price is currently retesting the 61.8% Fibonacci Level. There is also divergence on MACD indicating the bulls losing its buying power hinting a potential reversal. SCENARIO Recommendation: Sell Wait for price to break the trendline downwards and Sell. Our first target is the channel...

peterpel Updated 

EURJPY found support on 50% Fib Level and we anticipating a bullish continuation. SCENARIO Recommendation: Buy Look for lower timeframe corrections and buy after completion of it. Good Luck

peterpel Updated 

The Wave 2 correction just ended at where there was cluster of fibs and right also the fib time ratio of 61.8% expired on October 24. Wave 2 also finished in the price zone of the previous wave 4 of the lesser degree. The descending channel has also been broken to the upside. With all these confluence there is a higher possibility of bitcoin exploding with a lot...

peterpel

The breakout from Wave C ending diagonal indicates the end of correctio of Wave 2 and suggest a continuation of the bull market. Our first target will be the weekly channel resistance SCENARIO Recommendation: Buy Wait for price to break out from the ending diagonal resistance and look for correction on a lower timeframe and buy after completion of the...

peterpel

Dollar Currency Index has completed its Subminutte Wave II and bears gathering momentum to push price downwards for Wave 3. This is also in correlation to EURUSD setting up for a bull run. SCENARIO Recommendation: Sell Waiting for Correction in Lower time frames and sell after completion of correction. Good Luck

peterpel

Wave 3 of C has started after the correction. The motive wave started well after Donald Trump imposed a 10% additional tarrifs on Chinese goods which weakened the Dollar fundamentally. We are looking forward to taking profit at the Fib Projection of 1.618 zone

peterpel Updated 

CADCHF Neckline for Double Bottom has been broken SCENARIO Recommendation - Buy Wait for Retest of Neckline and a Buy Entry Signal and Buy Goodluck May the Market be with you.

peterpel Updated 

AUDCHF has broken its fallen wedge and retested the wedge support now turned resistance. SCENARIO Recommendation: BUY 1. Look for Buy Signal like Pinbar 2. Buy when there is Bullish Momentum Goodluck May the market be with you

peterpel Updated 

Gold broke its Ascending Channel and retested it on lower timeframe SCENARIO Recommendation - Sell 1. Look for correction on lower timeframe and sell after correction 2. Wait for USD Final GDP q/q news release on March 28, 2019 and sell if its positive Goodluck May the Market be with you

peterpel Updated 

GBPCHF Rising Wedge has ben broken and correcting SCENARIO Reccomendation - SELL 1. Look for Correction on Lower time frame and after correction breaks look for sell signals OR 2. If Price pushes higer to test the Wedge Support now turned Resistance, look for Sell Signals for entries Trade with care on GBP pairs because of BREXIT GoodLuck May the Market be...

peterpel Updated 

NZDCAD has complete a bearish butterfly and given a clear signal from a broken rising Wedge SCENARIO Recommendation: Sell Wait for a Bearish signal on the test of the Rising Wedge Resistance now turned support and Sell. The Forcast will be invalidated when price close back inside rising wedge Goodluck May the Market be with you

peterpel Updated 

Price retested January 2019 trendline and gave bearish signal. Price has also broken corrective trendline => Sell

peterpel

EURUSD is on its way to complete Wave 3. Bulls could extend the market last week and it was clear the break of the Rising Wedge was a fakeout. Scenario Recommendation: Sell 1. Sell can be activated on 4 hour as there is a rejection on the downward trendline 2. Look for correction on lower time frame and sell after correction has completed Good Luck May the...

peterpel

CHFJPY Rising Wedge has been broken Wedge Resistance was from support from January 2, 2019 flash crash SCENARIO Recommendation - Sell Correction happening on lower time frame, wait for sell entry after correction. Goodluck May the market be you

peterpel

USDJPY Channel broken from January 2019 low SCENNARIO Recommendation: Sell Wait for correction after the strong impulse and sell on break of the correction on lower time frames. Goodluck May the Market be with you