GBPCAD ... ON a larger timeframe we are clearly on the correction phase of the bullish trend. So since here on 6h price is still moving correctively then we know price is creating a zigzag pattern as the correction Pattern . So we will look to trade wave v of this final [c] wave of the larger wave (b) . After price completes that move we will go all in selling this pair for that expected bearish wave (c).the type of flat we are going to have will mostly depends on where this wave (b) will end .
Читать полностью…USDCAD..... 6H .price has formed a zigzag on wave {4} which I think will be the only correction Pattern that forms here . We should be looking for selling opportunities as the market opens on Monday . Note we may have an extension here on wave {4} so also consider this as another probably
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Читать полностью…AUDJPY 4h ... am expecting price to start a bullish drive as we have a running flat on wave 4 . so unless this turns into a double zigzag in which case price will continue down for one more wave , we should be in a good area to look for buying opportunities
Читать полностью…GBPNZD... 4H .an irregular flat is forming on wave II which is a sign of a strong bullish wave is about to form .price shouldn't fall below the start of wave I , so that will be out area of invalidation
Читать полностью…GOLD (XAUUSD) 2h .. we have a an impulsive wave I as a start a potential bullish trend . Now since the previous pattern was an ending diagonal, we know wher to target if price goes up . So the best way to trade here is to wait for this correction wave ll to form a pattern (between 50% and 61.8% fib levels) from there we enter the market
Читать полностью…AUDUSD 2H ... we should have a bullish drive now that price has completed 5waves against thebullish trend
Читать полностью…NOW that EURCAD 2H has established that the bearish trend has started again with this impulsive wave I , then we are looking for selling opportunities once price gives us a correction wave 2
Читать полностью…Sometimes you have a perfect setup and price doesn't allow you to enter the market ...
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Читать полностью…USDJPY UPDATE ... WE have started a correction phase . This pair has a huge influence on almost all JPY paired currency so we need this pir to remain bearish for sometimes so that we may have trading opportunities to other jpy pairs
Читать полностью…CHFJPY . Currently price is on the third wave of wave {5}, now since this pair has been in a strong bullish trend we expect a sideway and a short Pattern on wave 4 correction. If price creates a recognized pattern on wave 4 we will have a high probability trade for wave 5
Читать полностью…XAGUSD (silver ) .. with silver the I strongly think the Bearish trend hasn't ended yet so am expecting to sell for wave V if price gives me an entry.
Читать полностью…GBPCAD .... One push to the upside will complete this flat Pattern on wave B . This will give us a selling opportunity for wave c
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Читать полностью…Xauusd ... This is what i think Gold my do . Price is making a diagonal wave here and since this is supposed to be wave 5 then this makes more sense . Also MACD has suggested a possible change of trend may happen soon . Now we cant start buying immediately as this trend is still bearish so price may continue go down . What we will be waiting is price to break the depth of correction then that will be our buying sign
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