Mymillennialinvestor

Mymillennialinvestor

After GBPUSD has hit 200 ema a large Bearish engulfing candle has formed. Wave 2 was a ZIGZAG pattern, rule of alternating Wave 4 has to be a Triangle or a Flat pattern Waiting to see how price reacts at .618 retracement

Mymillennialinvestor

AUDJPY 5 waves into resistance. Stop: 87.20 Entry: 86.30 TP: 82.40

Mymillennialinvestor

AUDNZD will make one more move to upside AB complete C wave is next, when this C wave is complete Wave 4(primary) will complete and thus WAVE 5 will begin. Wave 5 will mean continued downside Subwave C - to 1.1150 Resistance level When C subwave ends, Wave 5 begins Entry: 1.150 TP: 1.0975

Mymillennialinvestor

EURJPY is currently in an A wave formation (ABC) A wave has 5 subwave, sub-wave 4 is currently taking place and trying to find support at 127.40ish are. i think there will be one more push to upside targeting 128 or close to. I will place limit close order @ 127.90 .

Mymillennialinvestor

The weekly chart clearly shows a set of tweezer bottom, what we must thing about is..... is this a true or false bullish formation!!! IDK so i busted out the good old elliot wave. the wave formation appears to Me that EURJPY is finished up on wave 4 and we are finishing up on subwave 2 of wave 5.... look at chart! I am chose to be short 1st and long 2nd and then...

Mymillennialinvestor

Bat formation is complete, head and shoulders is almost complete on D leg :)

Mymillennialinvestor

Elliot waves lined up with harmonic patterns, this will be a great trades if market has follow through.

Mymillennialinvestor

Cypher pattern , what else is awesome.

Mymillennialinvestor

Bat pattern complete on the audjpy

Mymillennialinvestor

IIIIFFFF EURJPY goes down potential Cypher pattern. If this is the case, Tweezer bottom on weekly charts would support the pattern