USDJPY .. this should probably be the best way to approach this pair . Next week we should see this pair trying to create a correction pattern on wave 2 .if price creates a recognized pattern on wave 2 then we will have a great opportunity to sell
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EURUSD .. we have a moving triangle on wave 4 . I think there will be a great short-term buying opportunity when the market open on Monday
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Unless ur trading news today isn't the best day to trade .
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GBPNZD 2H.... with this being a bearish impulsive move then the next bullish move should be corrective in shape that should correct this move to about 61.8 Fibonacci level . price shouldn't come back to 2.03909 as that will invalidate our bearish projection
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EURJPY 1H... we are trading on wave IV at the moment , and we have an alternation between wave IV and wave II of this impulsive move , we also have an undersold stochastics and the macd is from recording major highs as big indication of an end to wave III.. this should be another perfect situation to buy if the market remain unbothered
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EURCHF 4H..... Everything is going well on this pair and it is looking like its a perfect textbook example of a perfect setup. We have an impulsive move 1 which is corrected by a flat pattern on wave 2 . Wave 2 has retraced perfectly on a 61.8fibonacci level . in addition to all that the stochastic oscillator is crossing the oversold area to add more confirmation .. at this moment buying this pair will be the best move for few days atleast
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DAX 30 min✅✅✅✅✅✅😅😅. you have to love elliottwave principle
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XAGUSD 3H... similar to gold, silver is following the same bearish path as it looks like price is going to fall as wave C of this correction phase
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DAX 30 MIN.... the will most likely be a selling opportunity on daX as price is trying to complete wave (c) of irregular flat . Dax usually follow the wave principle alot on its movement so this should be our trade of the day
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NZDCHF .... 4H. Am really expecting this bearish movement to continue but this correction wave [4] may go even higher than the depth of correction . All in all we should be looking for selling opportunities once this wave [4] has created a recognized correction pattern.
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XAGUSD .. similar to gold,i think this pair will also move further down as price is trying complete this irregular flat on wave 4 . So we will be looking for selling opportunity when the market opens on Monday
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hi friends I hope you all had a great trading week like we had .
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NIFTY .... Five wave sequence has completed on 1h timeframe on nifty. This will present a selling opportunity but since its clear a strong bullish trend we should wait for the completion of wave B before we sell as that will establish a selling scenario for us
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GOLD (XAUSUD ) .. despite a high probability of this pair going up, I still think it ill fall to atleast 2024.42 or more .
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UDSCAD update .... the current zigzag correction move should create a buying opportunity after the completion of wave C
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GBPCAD 8 .. I think this pair is highly oversold and it should tart moving bearish soon at least correctively. the whole move has completed a five wave impulsive drive with an extension occurring in wave 5. although wave 5 was extended we still had a positive divergence on the MACD which should imply price will reverse back to bearish . I don't advice you to sell immediately but be on the lookout this pair,it will start to move down
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GBPJPY 1H. Another perfect setup . We have an irregular flat on wave Iv as this pair is correcting this strong bullish impulsive move . If the market remain constant then there is a 200+pips move to wave V that we should trade
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GBPCHF .. this correction wave 2 might well be wave A of a more complex correction but whatever happens this correction has created another buying opportunity for this pair
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NZDJPY update ... right now its not clear if this is an impulsive or a correction move but the next move that will follow today will determine if we continue buying this pair or we should consider selling
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NZDUSD ... this is a 3h pattern .We have identified an impulsive start of a bullish move as wave I . This should be an easy trade as long as price creates a recognized correction pattern on wave II.
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NZDUSD AND AUDUSD... i think after about three months of unorthodox movement on almost all USD paired currencies now we are starting to see the bigger picture . These two pairs are moving in almost similar path, both are evidently in the correction phase and both are creating a flat pattern on a correction phase . So there should be a buying opportunity on both pair for wave (c) then we may have a selling opportunity once the pattern is fully finished
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