Delta_X-ray

Delta_X-ray

EURUSD ... classic price accumulation reacting to the 169 & 144 EMA ... price is ready to move up once the MACD Histogram moves above the zero line. watch this space!! MACD setteings .... 5, 34, 5 here is a link to the origanal post

Delta_X-ray

FX:EURUSD On the 1st of October we sew the start of a 15 day bullish rally which produced the recent swing high on the daily EUR/USD chart (21 October 2019) followed be a pull back to the 61.8 Fib retracement of leg 1 which is the target price for leg 2. Although there remains a bearish short term bias could this be an attempt to recover after the EURUSD...

Delta_X-ray

EURUSD Triple Top, break of previous structure low and pull back to the 61.8 Fib R of the last high to swing low.

Delta_X-ray Updated 

After the FOCM meeting minutes where released the price continued to push higher, price reached the 1.414 Fib Ex of Leg 1 (although price may move higher to touch the 1.618 Fib Ex of leg 1) I have entered a shot with the TP at 1.11693. if price dose move higher i will look at adding additional shorts to maximize profits. Happy trading, Delta_X-ray

Delta_X-ray

Trading Leg 5 of the NAEWMC Trading Leg 5 is always tricky so watch the price action to predetermine your TP ..... I normally trade from the 61.8 Fib R of leg 3 to the 127.2 Fib Ext of leg 3 (this is the safe zone) Having said that I'm already long based on price action. Happy Trading Delta_X-Ray

Delta_X-ray

Trading Leg 4 (correction) of the NAEWMC with the price target at 1.11513

Delta_X-ray Updated 

Big wave surfing requires discipline, discipline and discipline !!! You should also be familiar with NAEWMC (New Age Elliot Wave Market Cycle) and Fibonacci levels. In this case the suggested target for the 4th wave is 61.8 Fibonacci retracement of Elliot wave 3 or 1.13508. The 5th wave target is the 127.2 Fibonacci extension of Elliot wave 3 or...

Delta_X-ray Updated 

Note I will do an update for EW 4 and 5 as we don't know the end point of EW 3 just yet ..... (EW 4 & 5 can only be accurate once we know the turning point of EW 3) For detail please send me a PM Happy Trading Delta_X-ray

Delta_X-ray

Good day, Let’s take a closer look at my last published idea to see how price has been behaving. In my last post waves within waves (link below) we see the end of EW3 and the potential target for the completion of EW4 (which is now complete) price attempted to complete EW5, which in order to do so price would need to touch the 127.2 Fib Ex of EW3. After...

Delta_X-ray

EURUSD 1H chart

Delta_X-ray

The building BLOCKS of trading = Fibonacci; Elliott Wave and Harmonics Please note the attached EURUSD 4H chart should be viewed together with this description. I would also suggest that you have a look at my 3 other published ideas as they are the initial identification of the Elliott Wave formation. In this chart we can see the both an Elliott Wave and...

Delta_X-ray

Here we looking at a 2H chat of the EURUSD to give you an understanding of the bigger picture (one should also look at my two other published ideas which are both 1H chats)

Delta_X-ray

EW and Fib working together