Downtrend plus Gartley pattern - bearish signal. Open SHORT ENTRY 95.70 TP 94.60 SL 96.25 RR 2.08
By heatmeter, NZD tough on w2, JPY weak = I will go long Weekly Range, mostly with sellers market Daily Downtrend with exhaustion candle = bull sign. 4H Uptrend but below Daily SR = will test and then it will be clear. LONG ENTRY 73.500 SL 72.300 TP 76.100 RR 2.33
On week 2 EUR has weak performance against most pairs AUD has great power on heat map. Therefore I expect sho rt for EURAUD. Weekly Range. But before was bull market. Daily Exhaustion candle, price below SR. Clear downtrend pattern. 4H Downtrend. SHORT ENTRY 1.58800 SL 1.59550 TP 1.57151 RR 2.6
On week 2 NZD has power against all. DXY was weak. Also price gives exhaustion candle. Elliot ABC is finished. I expect Long. Weekly Uptrend Price goes from pullback up to SR level Daily Uptrend, ABC Finished. 4H Healthy uptrend. I will open Long ENTRY 0.68219 TP 0.68820 SL 0.68300 RR 2.07
Heatmap - AUD has power on all TF against all pairs on week 2. I expect long for AUD. Meanwhille DXY declines therefore i will open Long for AUDUSD. Weekly Price in range, bounces from SR level up Exhaustion candle. Seems price will go for 2nd test of 0.73000 level and further Daily Uptrend with good power. 4H Uptrend, health is ok. I will open...
EURJPY On all TF Downtrends = I will short further. Have small doubts only due to exhaustion candle. Weekly Downtrend, candles closes below Daily SR Daily Sellers market, downtrend and pullback. 4H Sideway, upternd lost steam, - pullback. I will short from SR Level. ENTRY 125.000 TP 119.650 SL 127.000 RR 2.78
Overall On w2 AUD was strongest against all, JPY weakest agaistn all on all TF. Therefore, i will bullish AUDJPY for w3-w4. Weekly Hikake candle then Downtrend + exhaustion candle = bullish reversal to test upper Daily SR. Daily Uptrend ,V-formation, good power from buyers, Daily SR tested and confirmed = Long 4H buyers market, OPen LONG ENTRY 78.128 TP...
Overall On w2 AUD was the strongest against all currencies. EUR on w2 was one of weakest. For w3 i will have bullish position Weekly Looks like bears losing steam, but still in cotrol of market Exhaustion candle as well Daily Uptrend, good power. 4H Uptrend, seems reversal pattern has been launched from exhaustoin candle. Open LONG ENTRY 0.62900 TP...
on week 2 CAD has good power against all pairs. Also Pattern formation looks like reversal. Now price is on very tough SR Level, I expect breakout down. Weekly Uptrend and reversal. Daily Sellers market, price below SR = Short. 4H Downtrend and pullback. SHORT ENTRY 1.33000 TP 1.31000 SL 1.33800 RR 2
Weekly Downtrend. Looks like sellers market. Daily Downtrend and pullback. Daily SR was tested 1st time - ok. 4H Uptrend. Sellers market. No clear support level below = if price breakdown it will be nice profits. SHORT ENTRY 126.700 TP 123.000 SL 128.000 RR 3
Overall On week 52 GBP has power against all on all TF CAD weak against all. I expect Long position. Weekly Breakout from range. Uptrend. Very good power. Daily Uptrend. Dail sR tested 1st time - ok. 4H Now price smash in ver old and strong resistance. If it passes and closes above = long on pullback 1H Uptrend Seems price has good power = enter long when...
Overall uptrend. Closes above Daily SR but lower than expected. Weekly Uptrend continuation. Daily Daily SR level holds price. Price in slight downtrend or it is pullback. 4H Downtrend with reaction from SR level. 1H Daily SR holds price ENTRY Long from 1240 TP 1282 SL tight on 1225 RR 2.75 Should be nice trade.
Uptrend Candles were precise and good. Weekly Healthy uptrend. Slight resistance from SR level Daily Good power of uptred, but close below sR level I expect some degree of level reaction and price could decline for a while. 4H Uptrend Price slightly bounce from level. Pullback. level 1240 - confirmed = Price go Up. 1H Consolidation. Buy on Pullback ...
Overall downtrend from start of 2018. During 51 week, JPY was tough against all other. Meanwhile AUD was one of the weakest on 51 week. Therefore I decided to short AUDJPY for 52 week. Weekly Decline from Big Players, Below SR levels Daily. Downtrend Price below SR level = short. 4H Downtrend Price below SR level. No resistance from below - no wigs....
Overall Elliot ABC correction near to be completed. Here I see 2 variant - good opportunity to buy due to SR level and ABC finished 2nd - I decided to check idea of pairs. All pairs declined more than NZDUSD = the price of NZD USD should go lower more. weekly Downtrend No resistance below. Price on Daily SR. Daily Downtrend Exactly on SR level. i will try...
Overall Downtrend Weekly Fake Pin bar price still below SR of 1.13750 Daily Uptrend, exhaustion candle = short. 4H Downtrend 1H Closed below SR level Downtrend = short ENTRY 1.13700 TP 1.13000 SL 1.14100 RR 1.5 Take into account that last week of year is always crazy. Big players manage their positions and it rather will be range.
Overall uptrend Retest level was touched, price close practically above SR I do not see strong resistance above. Weekly Indecision, still in uptrend. And i Think it all reaction of level Daily Price below SR level Looks like it near reversal. trend is unlcear. Sooner it will be downtrend rather than up. 4H Should wait for clear pattern. Now it is too...
overall 12345 Elliot waves finished, Now price in ABC correction. I Suggest to wait for clear sell setup and jumping into trade from SR level with TP at 0.66000 Entry at 0.68000 TP 0.66000 SL 0.69000 RR 2.31