Aqeem_Wong_FX

Aqeem_Wong_FX

Price is in the final wave 5 and look like create rising wedges pattern...there is possibility that wave 5 pass previous high (151.923) and complete in the orange zone then next down wave will be unfold...

Aqeem_Wong_FX

Current price is in the final wave 5 structure and might be finished soon...orange box might be zone for wave 5 to complete its structure then next down wave structure will be unfold...

Aqeem_Wong_FX

Price currently in final wave structure (wave 5)... Orange box might be area for price to unfold next down wave movement...There is possibility price pass previous high (164.308) to complete wave 5 structure or price reject previous high (double top formation) then next down wave movement will be unfold...

Aqeem_Wong_FX

If price create WXY down wave structure. Next up wave movement is unfolding with low (1.2518) of wave one is the invalidation level. But next consideration if price create WXYXZ, for now 3 wave structure is enough to consider as X wave then next Z wave structure is ready to unfold which low (1.2518) can be broken to complete final wave Z then next up wave movement...

Aqeem_Wong_FX

5 wave down movement has been completed. For now price will unfold next up wave movement (consider as correction). Wave A has been completed, wave B still in progress and might be finished at 0.5-0.786 fibo level then next wave C might be unfold.

Aqeem_Wong_FX

5 down wave (green label) structure has been completed, for now correction wave (complex correction : white label) might be completed if price create WXY wave structure (reject fibo reteracement 0.618 level) or price create WXYXZ wave structure, there is one more leg up break previous high (105.00)/ reject fibo level 0.786 then next down wave structure will be unfold.

Aqeem_Wong_FX

Price look like to create 5 wave structure...but for now only 3 wave has been unfold...price might be reject at certain fibo retracement level to create next down wave structure..

Aqeem_Wong_FX

Price still in correction phase (wave X) medium term bias lean to the downside (price react fibo retracement level)...Longer term price to the upside..

Aqeem_Wong_FX

Price look like to create sideway movement...but my bias lean towards downside for medium term due to correction still not complete (yellow box)....longer term bias to the upside..

Aqeem_Wong_FX

Price still in correction phase (orange box)...wait wave 4 to complete then look price action to ride wave 5..bias still to the downward...

Aqeem_Wong_FX

Price still in correction wave...look for sell setup to ride down wave movement...bias towards to the downside...

Aqeem_Wong_FX

Expected price is in the final wave 5...wait price to break and traded below uptrend trendline (blue: rising wedges) as a confirmation for next down wave movement...

Aqeem_Wong_FX

Expect price in the final wave correction (wave c)...price might be ready to unfold next down wave movement...previous high (1.36953) is the invalidation level...bias more to the downside...

Aqeem_Wong_FX

Expect price is in the up wave structure...bias more to the upside..wait for the correction finished to ride next up wave movement...

Aqeem_Wong_FX

Wait price to trade above downtrend trendline (blue)...or break and retest the resistance to confirm next up wave movement...for now bias more to the upside as long as previous low (0.63320) does not break

Aqeem_Wong_FX

Price might be unfold next up wave movement...wait for blue trendline break as signal for uptrend movement, then wait correction finish to ride up wave movement...

Aqeem_Wong_FX

Price ready to create next rally wave movement due to 5 wave (drop) has been completed...View for now bias to long...for now wait for correction complete to ride up wave movement...

Aqeem_Wong_FX

Wait price to react at fibo retracement level (0.5,0.618 or 0.786) and market structure shift (lower TF) for next down wave to unfold..