I am trying to learn and observe different patterns in the charts so let me know if I am wrong. I am expecting strong pullback here.. Thanks to Anil Mangal for his seminars and webinars.
Some indications are highlighted in the chart, showing an oportunity to open a short position. I recommend you to go down some timeframes to make a entrance with a better timing.
buy the NZDUSD for the medium term period.It broke outside the down channel on the shorter time-frame
Hi guys, waiting for the completion of the flag to short term buy. But the best opportunities will be on the down side after the completion of the C wave.
bearish order block, sell@1.07950 tp1@ 1.06100 sell@ 1.05000 tp2@ 1.05200 sell@ 1.06100 tp3@ 1.04500 all the best
Hello Guys : This is an Impulse wave & if you wanna take this position I Prefer to wait for completion of 5th wave and then you can go Short for corrective Wave. and I wanna Thank you sir (Anil Mangal) for guiding me to Elliot Wave Principle & this is my 1st Idea in Elliot Wave & I am really thankful to you sir Thanks Alot
Good short so far for the begining of January with a potential to make new daily lows
If you agree like if not tell me why in the comments thanks.
As you can see it fits perfect the analysis i shorted it and will see profits for sure if not i have a tight stop loss
Current AUD/NZD is still corrective in nature. I am expecting the last leg of the pattern down and then a big thrust up which will probably last several weeks and will be a wonder to behold. IF you have a backtested strategy of entering markets WAIT till the pair finishes the pattern and get in.
One of the scenarious for this pair is to go down a bit and then to attempt to rise as high as possible up to the trendline. If you are planning to open long positions, wait for a deeper retracement (some of you may even attempt to sell). After that ready the gun to strike up.
Possible wave structure with a nice short trade coming along
According to my analysis AUD/NZD is going to skyrocket soon. This is why I am going to buy any bullish setup ahead. WHEN ONLY BREAKING OUT OF A FLAG I will consider taking long
Recent beat down off US stock rally. Stocks should correct down, which should help this trade out nicely. Patience pays!!
Going long at the break upward of the channel. Good luck