hyryda

hyryda Updated 

Hi everyone, please check my last 2 chart ideas (1 for the correction, the other for the Higher Time Frame Overview - LONG). OH and please excuse the title which was a typo, it was meant to be 250 pips. Once we ride this correction down and it's complete, i'll be looking for the long moves. If we enter long at the end of this correction, the target will be approx...

hyryda Updated 

Looking like a correction as of now, especially taking into consideration the wave counts as you can see. We may however bounce off this blue uptrend line so keep that in mind. For now we are short though. To see a bigger overview on a higher time frame, please check previous chart idea in the "Related Links Section".

hyryda Updated 

Appears to had formed a bull flag, rejecting off the 3rd push down. Highlighted Entry points. Pushing up, and broken above the flag. Bulls entering market and controlling price movement/direction shown by the bullish candles. Uptrending line formed. 3 impulsive pushes up. Currently broke 2 trendlines shown above. Strong Resistance Above, approx 200 pips...

hyryda Updated 

Hello Fellow Traders :) Happy start to a new week. The chart drawn above shows that we are still in an uptrend with the thickest, blue Major Uptrend Line in tact. If we look at the thinner, blue uptrend line it shows that we have created a new uptrend line with some bullish candles showing some strength from the bulls. If we look at recent market behaviour,...

hyryda Updated 

Hello Fellow Traders. I believe we are about to see a good short as we are at the top of the trading range. It also is a form of a double top/reversal so we MAY or may not break below the trading range. Please keep this in mind. Minimum target: At the bottom of the trading range. Go to my profile and check out all other recent gold chart ideas for the full...

hyryda Updated 

Hi Fellow Traders, Please see previous chart idea for further details. I believe we are going short now at the top of this trading range. We'll be experiencing an ABC pattern. I am wary that there's a potential of a bottom side breakout which gives added/higher probability to an overal correction on GOLD (we still do need to break the major trendline of course,...

hyryda Updated 

Hi everyone, I'm looking to take profits at the top of the Trading Range and leave a smaller position to run (with relatively tight stops) just incase of a breakout (formation of a new uptrending line created on the daily - please see related ideas below) However i'm leaning more towards this being a Trading Range in the shorter term, through observation of the...

hyryda Updated 

Hi everyone, this is in continuation to my last 3 ideas in relation to gold which have been correct trades. (Please see related idea links) I see this as a trading range and an upswing coming up now to the top of the Trading Range channel. I'll be looking for a failed breakout and then look for some short moves. I'll gauge how price moves and try to ride it up...

hyryda Updated 

Hi Everyone, further long moves incoming imo. 1 Hour Time Frame: ABC corrective pullback completed (Right Split Screen) 4 hour Time Frame: Formation of a channel being created as of now (Left Split Screen) Please see my previous 2 chart ideas which have been some good trades. More information revealed in there. In my previous idea i've stated from the start of...

hyryda Updated 

Hi Everyone, Please see my previous idea which has all the details (Related ideas section). The current idea/move is the next move following the previous idea. Please support by LIKING and Following me through my profile. Thanks :D! Going to sleep now so won't be able to keep everyone updated like i did in my prior chart analysis. Happy trading all! ~~

hyryda Updated 

Hi Everyone :) I'm going with the idea that the next move/leg will be down. Confluences as you can see from the image. Wedge created with ABC structures ending. I see us at the final position of the wedge and ready for a move down soon once we get strong bear bars on the 15min-30 minute. This end of the wedge also coincides with a bear trend channel line as you...

hyryda Updated 

Trending and corrective phases WITHIN this uptrend. Making higher lows and higher highs. Will it continue uptrending and break out above previous high?? Will it continue along this channel ? Will it become a wedge? Lines drawn up and will adjust to what the market shows as we continue along this path.

hyryda Updated 

Currently in Smaller wedge within a channel/wedge pattern, E tap, wick rejection, bearish price action, also tapped back underneath the thick red channel line on a higher time frame. Might see another re-test which coincides with the thinner channel/wedge pattern directional pattern, hence giving more confirmation of the down move. Please see below for higher time frame.

hyryda Updated 

Market giving indication we are/will be trending relatively strongly as the bulls are taking over at the moment and controlling the market with their dominance. Keep in mind elliot waves not projected targets. The market can take it as high as it wants or do as it pleases. Continuation of the switch from a short setup to long setup in the related idea link.

hyryda Updated 

Please see higher time frame above and lower time frame below of the current play, including Elliot Wave Analysis.

hyryda Updated 

Hi Guys, I believe in the HIGHER probability that we are reversing on gold. If we are looking at the bigger picture (Higher Time Frame), we are ending the second wave and hence beginning another surge of upward movement (Wave 3 which usually is a big move). This impulsive upward move up is the beginning. At the moment i'm looking for the current correction to...

hyryda Updated 

Hi guys, I see a reversal occurring and upward movement price action. We have also now just had a 3rd tap off the up trend-line with a bullish 4 hour candle closing above the high of the previous bar. I will ride this up until i see indication of upward price momentum ending. Huge Pip Potential.

hyryda Updated 

Hi Guys and Gals, Here's my analysis of GBPCAD basing it on the daily and 4hour. I firstly see a reversal move that occured followed by this Spike up and price now moving up (creating higher lows) in this upward sloping channel. We are currently at the bottom of this channel and i'm looking for long moves to buy. On the 4 hour time frame, i'm waiting for this...