omidtrader1367

omidtrader1367

WAVE 3

omidtrader1367

reaching to strong resistance, reaching to supply zone, reaching to shark pattern zone,reaching to strong daily down trend line and MORE IMPORTANT THAN EVERY THING bearish divergence in macd all say to sell this pair

omidtrader1367

triple top, reaching to the supply area, down trend divergence in macd indicator, SHARK pattern, all of them say sell USDCHF for now dude

omidtrader1367

i think this pair is in wave 2 and its corrective wave will continue for couple of week (more than 4 week)

omidtrader1367 Updated 

its correction just started and can give us lot if pips in long term (sell position need more time and we have to be pationt)

omidtrader1367

in weekly time for this currecy we observe an shooting star candle that confirmed the short trend for this currecy

omidtrader1367

good chance for EURUSD sellers

omidtrader1367

its time for buying gold and being rich

omidtrader1367

i think we r in 4 wave and its uptrend will go on for a while (0.89750)

omidtrader1367

any high that made by price, is a good place for selling this pair

omidtrader1367

this pair is making its A wave and its just started...any new created high will be a good price to sell with a good risk/reward

omidtrader1367

first target 0.9528 and second one is 0.9508

omidtrader1367

its reach to the end of the 4 wave

omidtrader1367

Based on my elliot wave counting, we r close to end wave 4 and possibly we will have a failed 5 wave due to the correction of wave 4 (more than 50 of wave 0 to 3)...anyway bearish trend is my opinion

omidtrader1367

we can expect up trend for dxy in form of wave 4

omidtrader1367

i think theGBPJPY bullish rally has ended for now(wave4 started)...actually we r in wave 4 of wave 1 of wave c