Hitesan

Hitesan

Potential long. Seems like GY just ended a ABC correction of wave 2 and is now starting a wave 3.

Hitesan

I think GU is currently in a wave 3 and is now in an ABC correction. If price bounces off a fib level(50%,60% or maybe 70%) it is a likely indication that the wave C of the correction is over and the wave 3 will continue upwards. Remember to watch price action and only enter when you're most certain that price is respecting and bouncing off a fib level.

Hitesan

AUDUSD seems to be currently in a wave 3 on the higher time frames and is currently in a ABC correction. Wait for price to break higher lows to then enter a short trade.

Hitesan

EURAUD has had a long run downwards however it seems once price reaches the bottom it might push upwards for a ABC correction then continue the downtrend. Price might just break through and keeping go lower is also a likey possibility. Be aware this is a risky trade as you're trading against the overall trade.

Hitesan

Seems as though GBPJPY is going to form a ABC correction, once the correction is over it may bounce off the 50% or 60% of the fib zones. You could go short now on the correction and hold it until the correction is over although I wouldn't recommend it. Watch the fib levels if you wish to go long.

Hitesan

Correction of wave 2 has ended and now price will likely bounce of the 60% percent fib level and will then make a impulsive move up and continue to the upside. Enter upon confirmation or whenever you feel like.

Hitesan

I think price on USDCHF is going to have a pullback soon, wait for the pullback then enter when you think it's over. Similarly price could just push higher without a pullback, in that case enter whenever you feel like.

Hitesan

Most likely price is going for pullback to then open short or whenever you feel confident. Also a high possibility that price will fall instead of having a pullback, in that case just enter when you feel like it.

Hitesan

Going to see yen strength soon, other yen pairs are going to drop heavily. Enter once you see confirmation candles.