GBPUSD BROKE THE DOWN TREND NOW HEADING TO 23.6 FIBO
LTCUSD , Closing the Hour candle below the trend line , short IF reversed to up it will be big up due to small volume profile at the upper levels
Let's all wait for the break or reverse , White MA 50 we will wait for it to be broken also to make a long position because of the 200 red MA is under the bars ( UP trend ) .
From my Point of view this pair will be in a sideway for a while because 3 moving average 50 , 100 , 200 are inside the bars unless it broke the down trend it will be down wave .
The pair has been forming a close pattern to ( 12345 ) Elliotte waves ( Beginner Analysis ) as we can see the mace , rsi and the moving averages is going up for now so i think we might see small reverse to the golden area up but suppose not to exceed 1.5459 level . who want to enter short from now put the SL : 130 - 150 pip TP 1.4600 ( maximum target point )...
AUDCAD was very near of a weekly up trend and rejected , MACD and RSI crossed to down trend Check List :- 1- Rejected from Weekly up trend . 2- MACD + RSI crossed to down . 3- MA 100 EXP + MA 200 Simple crossed to down and being tested also in the current bars . Sell trade . SL 200 PIP TP 1 : .9615 TP2 : .9430 TP3 : .9190
MY BE CORRECT MAY BE WRONG WE WILL SEE AFTER A FEW MONTHS :) THANKS
JUST WAITING TO BREAK THAT RANGE TO DOWN AND GO SHORT FOR A LONG TIME
LETS WAIT FOR THAT CANDLE TO CLOSE UP THE TREND AND THEN GO LONG GREEN AREAS ARE THE TARGETS ACCORDING TO BIG WAVE FIBO AND SMALL WAVE FIBO YOUR CHOICE TO PUT YOUR TP . THANKS
We will wait for a few candles to close up the down trend to anticipate a wave up TP : 1.6850
CADJPY from my point of view this pair will go down to enter again the channel then trade in a sideways before go up . Thanks
CADJPY FOR AN UP WAY . Buy Limit from the up trend @ 84.10 , SL @ 83.60 , TP Red Lines is resistance ( My TP @ 85.60 ) .
This is the main idea , hitting the Res then get down , some sideway movement then testing support ( Macd and RSI will be ready to cross up ) or else just go up directly