Going long here. This is looking like a dilapidated ABC Correction on H1. And possibly and unfinished 2 on H4. But on Daily... this is most definitely a 4 going 5. (SHORT) But for now... this is a temporary Long (buy) that should be good for 120pips if I am right... 43or so pips if I am wrong.
FIRST AND FOREMOST... BOTH red and blue are A B C corrections. Red is the LONG Version and BLUE the short.. "IF" the market turns now... and Wave A completes here, we will be on the blue path. It would still meet the guidelines of closing within the "area" of 4. "IF NOT" and prices goes to the long red A then that too meets the guidelines of closing within...
Looking for a double top and all sorts of the selling goodness that comes along with it...LBVS!!! 100+ Pips BUY remaining to (D) PRZ 125+ Pips SELL @ (D) PRZ Good Luck! KEEP THE RADARS UP!!!
As the longer term trend is down, a large R/R is not expected. It is similar in correlation with the USDCAD trade but a different pattern.
Close to completion... 150+ Pips SELL from (D) PRZ Good Luck! KEEP THE RADARS UP!!!
Alert for trades against opposing pairs!!! Already in progress but likely retesting before going long... Good Luck! KEEP THE RADARS UP!!!
275+ Pips BUY from (D) PRZ Good Luck! KEEP THE RADARS UP!!!
Waiting on pullback entry... 250+ Pips BUY Good Luck! KEEP THE RADARS UP!!!
LET"S TRY THIS AGAIN! At least one more continuation trade to(D) PRZ 50+ Pips BUY to (D) PRZ 75+ Pips SELL @ (D) PRZ Good Luck! KEEP THE RADARS UP!!!
75+ Pips SELL @ (D) PRZ Good Luck! KEEP THE RADARS UP!!!
In Progress... 40+ Pips SELL Good Luck! KEEP THE RADARS UP!!!
75+ Pips SELL @ (D) PRZ Good Luck! KEEP THE RADARS UP!!!
In progress...will likely pullack 50+ Pips SELL remaining Good Luck! KEEP THE RADARS UP!!!
RETESTING THE LOW INSIDE OF A LARGER BULL GARTLEY! 100+ Pips SELL remaining to (D) PRZ after a pullback.. 250+ Pips BUY @ (D) PRZ Good Luck! KEEP THE RADARS UP!!!
In progress! Waiting for the pullback...Be prepared around Employment news later today!!! 40+ Pips SELL after pullack Good Luck! KEEP THE RADARS UP!!!
CONSOLIDATION BREAKOUT SELL PENDING!!! 60+ Pips BUY @ (D) PRZ Good Luck! KEEP THE RADARS UP!!!
Possible start of a deeper SELL move... 35+ Pips SELL @ (D) PRZ Good Luck! KEEP THE RADARS UP!!!