Hi everyone , In GBPJPY daily timeframe we can see that Price is in a downward channel and by breaking the trend line our bearish trend started to move down . For one more time price touched the top of the trend line but it couldn't breaks the line up and now price is almost in the top . SO , i think its the best place to come in a short position and get the...
Hi there , As you can see the channel lines , every time that price touch the top of our channel it comes to the bottom and i think like the previous moves the price should come to the bottom of the channel . Price had broken the trend line strongly , SO we expect the price to touch the bottom of our channel soon . Now price has begun a full speed rally to...
Hi there , In GBPCAD weekly timeframe i have identified an upward elliott triangle wave (abcde) that started its new wave (e) from the bottom of channel . As you can see, the trend line of wave (d) had been broken by strong weekly candle which prove the fact that wave (e) has been started . So do not let this last wave to waste and get it . Please support the...
Hi everyone , In EURCAD weekly timefram we can see that price is in a upward channel and it didn't touch the top of our channel, So we expect, that for one more time price should come in the long position and goes up. As you can see my wave analysis i believe that 4th wave had been stopped just above 0.618 of the 3rd wave ,where the last correction of 4th wave...