there is a possibility a breakout occurs towards the short position.
WITH THIS WAVE FORMATION, I COULD PULL OUT A POSSIBLE SHORT TRADE . SELL POSITION
we await the completion of wave 1, so that we can project for wave 3, 4, 5. please stay tuned as we await the possible targets. (not advised to enter any position) please like, follow and comment if you find this useful.
after seeing the recent Support and Resistance zone gets broken towards the bearish position. Also, from the wave 1 formation...the wave 2 retraced up to the 78.60% zone. the wave 3 only gave a slight movement above one. At this point it could be seen that the formation of a diagonal is showing up. We anticipate the wave 4 completion to the trend line below....
after reviewing the movement of the prices from the ending diagonal formed at the start of wave 1, it could be seen that the wave 3 retraced in the 1.618 zone ...Instantly followed by another counter wave 4 (which is still on formation). We anticipate the commencement of wave 5. We are to go short once we go below the red box. Also, I also spotted a head and...
please review the chart for details. Zigzag been spotted in the wave A and wave B of the Flat correction , i hope for another zigzag move in wave C. please kindly carefully review the analysis for better understanding. please kindly follow, like and comment if you find it useful, or if you support the Idea .
From the hourly timeframe, I think we are about to begin the Wave (c) correction after we have successfully complete the 1,2,3,4,5,A,B.... we can see wave A retraced up to 38.20 of wave 1 to 5 which followed by wave B, I do hope wave C reaches the 61.80% of wave 1 to 5. please kindly like and comment if you find it useful. Thanks.
PLEASE KINDLY CHECK THE ANALYSIS FOR DETAILS, PLEASE LIKE AND COMMENT IF YOU FIND IT USEFUL. THANK YOU
The pair has just successfully completed the Elliot 12345 waves followed by a symmetrical triangle formation, i think going short till next strong support zone should be more profit. Please kindly like, following and comment if you find it useful.
please kindly wait for the current candle to successfully surface up before we go LONG.
The pair has been showing a great uptrend for some week now, Retracement followed by impulsive move. The aud usd just got past a reversal zone therw by making it peone to an impulsive bullish move. there fore giving us a great way to BUY, Please like , comment and support if you find it useful,
AUDUSD is definitely showing signs of selling in this details below. After showing a falling wedge , the elliot 12345 wave analysis follows. The correction ABC has also occured causing a double top formation which indicates a great sell move. now i am expecting the pair to break through thr previous support area as we have gotten a retest to the previous support...
After showing a major linear channel, a preceeding downward channel follows. Exposing a retracement to the previously supported area. I am expecting a buy movement towards this area. ( Bullish movement), please kindly like and comment if you find it useful, thank you.
After a very long ranging market trend , the GBP_ZAR has finally given a bearish signal from the Evening star shown in the blue box above in this analysis. I strongly support a sell move from the analysis of a 4hr timeframe. Please drop your own views and idea. Thank you.
After going through a falling wedge lately on the 4 hr timeframe , the AUDJPY has recently broken the rising wedge calling for some serious sell action. A retracement can be spotted to be ready to occur, on confirmation we finally call in for a long SELL trade. please kindly follow, comment and like below. Thank you.