shermanchoo

shermanchoo Updated 

GBPJPY can continue a 1600pip bullish run if price stays above the monthly trend line

shermanchoo

Whipsaws offer 40 to 60 pips trading the range up and down. Trends offer 300 to 600 pips. Waiting for a trend entry requires time however offers a good r:r If already in the Sells from way above, TP some and live thru the whipsaw because of the Bearish Bias. Add to the Sell once the whipsaw is over.

shermanchoo Updated 

Because waves can be complex, keeping things simple by monitoring key bullish levels can make life easier...

shermanchoo Updated 

EU Key levels for targets... once bias is established...

shermanchoo

As AUDUSD approaches 0.66260, look out for bullish candles suggesting a bullish move.

shermanchoo

Allowing a pullback provides sufficient r:r for the Sells.

shermanchoo Updated 

Will Eliott's 5th wave playout, will be keeping an eye on the breakout

shermanchoo Updated 

Suitable r:r can be found at 1.10175 with bearish confirmation.

shermanchoo Updated 

Whipsaw markets providing -0.27 opportunities in a 5 Day Tradimg Period.

shermanchoo Updated 

BTC appears to be in a bullish channel. an upmove can be a 2 day wait.

shermanchoo Updated 

If price could retrace to an area of value 4 bears, it would provide suitable r:r for sells.

shermanchoo

- to monitor DXY for a bearish D1 5th wave. 1. Allow DXY to climb toward price of value (103.5855). 2. Next, check for Bearish PA on DXY. 3. Check for co relation with USD pairs, then suitable trade entries.

shermanchoo Updated 

GU looks to be in a downtrend. a 7 Day pullback sets up the r:r for the next move down.

shermanchoo Updated 

Bearish waves making lower lows below 27403, could set up a motive wave down.

shermanchoo Updated 

So long as Bitcoin stays below $25209, will be biased towards bearish setups only. Good Luck!

shermanchoo Updated 

SNP500 has retraced to the D1 trendline. Double bottom or lower degree breakouts can provide suitable r:r for the next motive wave up.

shermanchoo Updated 

Gold breaking the corrective trend line, followed by a lower degree correction and breakout would set up a motive wave up.

shermanchoo Updated 

XAUUSD returning to an area of value, then a lower degree correction and breakout sets up the next motive wave down.