My view on EURUSD is that it'll make a C wave in lower degree to complete this correction and we'll have another impulse up until 1.1300 area. This can be more complex than a simple ABC correction, in case it gets more complex I'll be posting updates.For now I'm looking to buy only.
This is a buy setup.We have a breakout now and we'll be anticipating the 1.27 as target.This may take some time so you have to be patient if you want to trade this.Traders who are more conservative can wait for a correction on lower timeframes before buying which I'd highly suggest.Trade your plan
GBPJPY is in correction after this last 1H impulse up, I'll wait for it to complete the abc structure, and will look to buy 0.618 fib level which is riskier entry.A more conservative entry would be to wait and buy the breakout targetting 134.90.Trade your plan
EURJPY just broke a DAILY TRENDLINE, so it does mean the market is now BULLISH! BUT, the market didnt re-test the lower level. So I am going to be buying the RE-TEST till the upper RESISTANCE LEVEL! -- Its a really simple trade, 200 PIPS reward low risk! Make sure to FOLLOW and LIKE for more CHARTS IDEAS =)
Potential big move to the upside coming Must break this structure level and establish it as a new support level
I have been chasing Illusive HS pattern on 4hr and daily but finally it broke out upside from triangle. My first target is $3.101. Month ago , many were bearish on the chart suggesting topping but I was foolishly long and I dared not to publish idea but commented on chartwatchers (Nice Chap) short idea. eventually I found my target then. Happy weekends
Clear breakout with change of trend. 4hr has hidden divergence for corrective structure. Enter at breakout from consolidation. Enjoy the slingshot.
Please check the comments on the chart Feel free to like and comment. Cheers Jesse