gbpusd is confused and all we can do is wait for a decision whether it will go up or down @1.2420 Patience :)
Hi traders, On the GBPUSD 15min we have a potential ABCDE pattern forming after the impulsive move. Entries are either at E or after the breakout. Cheers
We are currently waiting for the completion of our trend continuation pattern. When we reach the upper trendline watch for signs of reversal to enter short. After this you should scout out opportunities to go long on this pair. Best of luck
Hey fellow traders. Today I am watching for GBPNZD to come up to the .618 area to complete our pattern in order to enter short. Keep your eyes out. Good luck and safe trading
I am watching for price the .83000 level. Here and only here will I look for a buy setup for this pair. If price decides to break the area then the idea will change.
Hi people, I put this idea on the table. I have analyzed this pair for a month already and as you see I drew a channel on the way to -D- If market broke the structure I would have had then a simple ABC correction and I would sell the next flag to get profits downtrend. Now we have broken that channel up and it's broken the trend from -C- to -D- I expect the...
I am watching closely the completion of the E leg of our ABCDE structure. If price looks to bounce off of the area I will short this pair and ride Wave 3 down.
Hi fellows, i was expecting short move on this pair. Although that move is about to complete. It seems to me that bearish move is not aggressive and may rise back to the upside again. Once price will hit the bottom i will look for long at bottom based on price action. If you are looking to buy on this pair please wait for the price to hit the bottom and look for...
Here is the bigger picture for AUDCAD as well as a smaller time frame view. I will watch for a buy setup at the bottom when price hits the trendline and hopefully we will see wave five to the upside.
I usually don't publish short term ideas. Ok this one is quick and dirty. Entry now (117.53) Stop below wave (E) 117.08 Target = 119.36 Risk/Reward 4
Please trade with patience and care.
WE HAD A LONG DOWNTREN IMPULSE FOLLOWED BY AN ELIOTT -ABCDE- CORRECTIVE STRUCTURE ALREADY LOCATED ON THE D POINT AS YOU SEE. WE ARE GONNA WAIT FOR THE -D- POINT TO BE CONFIRMED AND START TRADING UPTREND TOWARDS TO -E- AND THEN DO A LONG TERM FOR THE NEXT DOWNTREN IMPULSE! HOPE YOU LIKE THIS! CARLOS
It will complete correction wave set ABCDE very soon. so there're some upside gain here, then it will go down to at lease 1.2074, BUT If it beak the support and goes further, 1.1919 is the next stop.
I am expecting short term trend continuation to the upside.
Shot for ~90 pips, then take the extra Long after that
FX:USDCAD Safe Trades; open.spotify.com
In AUDUSD we have ascending triangle formation, on simpler logic after every consolidation there will be a good move which happens out of breakout. I'm not strict elliott follower, I just use that for my analysis to support the decisions I'm gonna make, not to determine direction also. Sometimes rarely I used that to determine direction of Market. Its just My...