I am still waiting for a deeper correction on this pair before entering a buy. I am anticipating a potential rejection from the key resistance level, 4HR. Price moved ~200 pips from a key support level. It will be interesting to see how this plays out. What are your thoughts on this pair?
I am looking for another entry on this pair. It appears as though wave 3 has found some support and I am anticipating it to retrace between 38.2% and 50% of the distance it traveled. Wave 2 was a flat, so I anticipate wave 4 to be a sharp corrective move. Right now I am looking at an entry around 131.6 and 1311.99. I will be looking to sell to 129.5 to 129.9.
Hoping price holds at the 4HR support level. Looking for a push to the upside. Still in this trade.
I am looking for another entry on this pair. It appears as though wave 3 has found some support and I am anticipating it to retrace between 38.2% and 50% of the distance it traveled. Wave 2 was a flat, so I anticipate wave 4 to be a sharp corrective move. Right now I am looking at an entry around 131.6 and 1311.99. I will be looking to sell to 129.5 to 129.9.
If price continues to respect resistance, I will be looking for sells.
I believe this pair is retracing for a continuation on the upside. I've added some of my notes to the chart that I took during my analysis. What is your outlook on this pair?
Looking for sells on this pair I don't usually trade crypto, so let's see how this goes, lol.
I am looking for buys on this pair. I follow Elliott Wave Theory. It looks like the first of five waves have completed. I am looking for an entry once the correction happens. Wave 1 was roughly 1,700 pips, I am thinking wave 3 will have to exceed my projection, because it cannot be the shortest wave.
I am looking for buys on this pair. The five wave impulse pattern has completed. Waiting for the corrective pattern to complete to look for entries. I've speculated I will take entries at the daily and 4 hour support level given how price action plays out.
Appears to be in a corrective pattern. I am anticipating a sell. I've added some notes to the chart on my analysis.
Looking for a buy on this pair.
I've added notes to the chart that validate why I believe this is a buy opportunity based off of using the Elliott Wave Theory. I believe we are in a corrective structure of a regular flat (3-3-5), moving into wave C. Price is currently sitting in a demand zone.
These are my thoughts on GBPJPY. I've added notes to the chart that validate my theory based on Elliott Wave Theory. I believe we are in Wave B of the overall structure. I've linked an earlier idea that supports my theory.
Previous target reached. Waiting for a retracement to enter another sell position. A
I believe we are in a corrective structure and at the top of wave C. I am entering a sell to 132.835. I believe price may go lower, but will TP and re-enter after confirmation.
Added my thoughts to the chart. Thoughts on GJ?
I think there's one more push to the downside (135.50ish) before up retracement. Sideways move, then down push.
Initial target reached. Waiting for price to pull back to 50% + 61.8% fib levels to enter sell. I will likely enter around ~109.90.