traderWgun

traderWgun Updated 

My last count was proven to be incorrect by the market. Now I have turned bearish and looking for new lows below .68. New highs above .7777 would invalided this count. Disclaimer: www.traderwgun.com Twitter: twitter.com Tradingview: www.tradingview.com Mail: traderwgun1@gmail.com Good luck!

traderWgun Updated 

We have seen alot of sideways trading in the last couple of weeks, and now I believe that we have completed a triangle pattern that will take us higher towards the .8000 level. This count is valid as long as the triangle formation stays intact. Disclaimer: www.traderwgun.com Twitter: twitter.com Tradingview: www.tradingview.com Mail: traderwgun1@gmail.com...

traderWgun Updated 

Hello. This is an update for my previous long term EURUSD counts. In my last post I predicted a bonce near the equal legs target from the 2008 highs: It seems like this downtrend is in wave five and a recovery should take place soon. The big area of interest is 1.12-1.02 As anticipated, we got a bounce at the 1.05 level, but the correction seems to be in a...

traderWgun Updated 

- Head and shoulders patter - Hidden Bearish RSI divergence - Corrective move to the upside Disclaimer: www.traderwgun.com Twitter: twitter.com Tradingview: www.tradingview.com Mail: traderwgun1@gmail.com Good luck!

traderWgun Updated 

From the late april lows we got a impulsive wave to the upside. after several weeks of decline. Then we got a boring summer with a lot of side ways movement and nothing exciting. I believe that period is over and that is based on the count above. We got a complex correction wave A, and then correction wave B, and now we should see the end of wave C to (B) which...

traderWgun Updated 

This is an update for my previous idea: Even though the count was incorrect, we did get a decent bounce higher. It looks like the bounce from .9150 lows was a wave C in a flat wave (X), with a failed wave 5. Now we should have started wave (Y) to take us below the .9000 mark. As we stay below last weeks high, and more importantly, wave (X) high, we should...

traderWgun

We just completed a flat from the 1.48 may highs and should now see new highs near 1.50 mark, which either could be a wave C correction or a wave 3 impulse. As we stay above 1.43 lows of this week, I'm looking for a target of 1.50. Disclaimer: www.traderwgun.com Twitter: twitter.com Tradingview: www.tradingview.com Mail: traderwgun1@gmail.com Good luck!

traderWgun Updated 

Looks like we completed a flat at .784 and we are turning lower in wave C. The RSI is showing hidden bearish divergence and we are also seeing an head and shoulder pattern. Disclaimer: www.traderwgun.com Twitter: twitter.com Tradingview: www.tradingview.com Mail: traderwgun1@gmail.com Good luck!

traderWgun Updated 

This is an update for this idea We completed wave Y at the .7252 level and then turned lower in a corrective manner towards the 50% fib retracement level of wave Y, from where wave Z started. We will probably go a bit higher today, before seeing a correction of wave A of Z. From where we could buy (or rebuy) AUDUSD against the invalidation level at .710, for...

traderWgun Updated 

Looks like we are in a complex correction from January lows. The two first legs of the correction got completed at .7242 high, from where we got a correction to the .382 fib level. After that we got a leading diagonal wave A and a flat wave B The markets needs to hold .706 and more importantly the .697 lows to see fresh highs above .7242 high. Minimal target is...

traderWgun Updated 

We have now completed three waves in a corrective flat pattern of the late August highs, and have now started a bullish movement. We could see a correction that generates a bearish reaction: a wave X followed by another zigzag to the downside: Or the uptrend could resume to take out the late August highs. For now, I´m long against 1.5390 and looking to move...

traderWgun

This pair topped out in February 2012 and has been declining since. We got an impulsive wave (1) and a flat wave (2). Wave (3) was also an impulsive movement and then we got a zigzag correction wave (4). Now we got an overlapping and slow price action which looks like an ending diagonal. Alternative we are within a flat Stay tuned for more update regarding...

traderWgun

It looks like we have completed a flat and is now turning lower. A flat formation consist of a 3-3-5 wave structure. Wave (A) was the first three waves, wave (B) was the second three waves and wave (C) was the final leg which was made of five waves. This flat could also be a part in a complex correction, see The EURGPB could be following the EURUSD. Needless to...

traderWgun

We had a flat three wave correction (wave W). This correction was followed by a zigzag correct (wave X) that stopped at the 38.2% retracement level. The impulsive reaction from that level suggest we should see a zigzag correction for wave Y that should takes us to around 1.6, from where the decline could resume. Disclaimer: www.traderwgun.com Twitter:...

traderWgun

This is an update for my previous chart: As expected we moved higher above the 1.50 level and completed a zig-zag correction. This correction was preceded by a complex double zig-zag wave (A). Now we have got a possible leading diagonal wave a (or 1) that this market is currently correcting in what looks like a zig-zag formation. We have got bullish RSI...

traderWgun

It looks like the USDJPY wants to go higher and retest the 122 area. We're currently in a wave four triangle and should see more upside as 115 holds. Good luck!

traderWgun

We have seen a huge downtrend take place the last couple of months, which was kind of anticipated It seems like this downtrend is in wave five and a recovery should take place soon. The big area of interest is 1.12-1.02, with the 1.12-1.10 area being the first test of the bears commitment. Stay tune for more EURUSD charts in the coming weeks and months ahead....

traderWgun

In line with my recent AUDUSD and NZDUSD ideas, I also believe that the USDCAD will do the opposite and start declining. The USDCAD is also doing a flat, where wave C has reached 1.618 of wave A to B. The first wave of wave C was a rare expanding diagonal, followed by a wave 2 flat, wave 3 impulse and wave 4 double zigzag (which I traded earlier this year ...