GOLD(XAUUSD)... At the moment gold has created a zigzag on wave IV which by itself may remain as the solo correction pattern. Now since wave II was also a zigzag due to the guidelines on alternation wave IV may have a more complex correction which would mean this zigzag on wave IV is just a start of a more complex correction , but at the same time wave IV showed time alternation with wave II so it may well be a complete correction . All in all whatever happens we are looking for buying opportunities for wave V at the moment
Читать полностью…NZDCAD 4: our initial count suggested a bullish scenario on this pair but right now this doesn't look like the case . So the alternative count is now in play . we had a 5 waves decline and a zigzag correction so price is surely going bearish . With this impulsive wave I we only need a correction wave II to reach the 50 or 61.8 fibb levels for us to have a selling opportunity
Читать полностью…EURAUD UPDATE ... so far this has turned into a perfect count as price has created a mini wave I and wave II as start of wave 3 so we expect a bullish strong wave III to form next
Читать полностью…BTCUSD ... Sideways combination correction on wave (4) .this is a simple correction, so there is still room for further correction ( w, x, y, x, z)... But we are still looking for buying opportunities at the moment
Читать полностью…CADCHF .... we are trading on wave 4 right now . There should be a great selling opportunity soon as the market continues with the overall trend
Читать полностью…USDCAD 3H UPDATE ..... We are having a regular flat correction on wave ii" . The whole correction has now corrected wave i" to exactly 50% Fibonacci level which should be an ideal level for flat pattern. So we will start to look for buying triggers to enter in the market . Price should not go below the start of this wave i" , so that's where our invalidation level should be
Читать полностью…USDCAD ... 6H ..
Our expectations here is this wave {5} has finished already so are starting a bullish trend . Now if price breaks above wave {4} then this cont will be valid. But we could still look for buying opportunities now
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Читать полностью…EURAUD DAILY.
PRICE created a zigzag on wave [2] that ended exactly on 61.8 Fibonacci level , this precise correction should allow us to trade for wave [3]. price has already made wave 1 of this third wave so now we are looking for buying opportunities
AUDJPY ... Price has created an irregular flat on wave ii of this potential final fifth wave . So we expect price to continue upside today and we may possibly have an extension wave here . NOTE: this is the only best possible count so if price trades below the invalidation level then the whole count we have made so far is wrong
Читать полностью…CADCHF 4H.. currently we are in wave 4 and creating a wedge pattern, so if price breaks the lower trend channel this will be a high probably trade setup to sell for wave 5
Читать полностью…USDCHF... Is trading on wave 4 right now. Since the overall trend is still bearish then selling for wave 5 becomes the high probability trade
Читать полностью…USDJPY .... i think price is correcting here on wave 4 before it continues down as wave 5 . Selling is the best move here as we will be trading with the overall trend
Читать полностью…EURJPY 3H UPDATE..
Price has started its bullish advance with tis impulsive move . We are now looking for buying opportunities
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Читать полностью…EURAUD 4H .
ON 4H timeframe the only problem we are having is this wave 2? Which looks to short to stand alone as a correction for the previous bullish wave 1.so this is what we will do , we will still keep looking fo buying opportunities untill price either breaks below wave b/II to create a significant correction on 50 or 61.8 fibbs or breaks above wave 1 and extend further .so there should be buying opportunities next week
EURAUD WEEKLY CHART .. we are now at the beginning of wave 3 .we have already completed wave [1 ] and[2] so price should continue up strongly as we are targeting wave [3] of this third wave
Читать полностью…AUDJPY.. we have a completed running flat on wave Iv . This means we should have a an immediate setup on Monday since wave 4 has already ended and we have started moving up
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