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Correctivestructure

Big Long Move In GBPJPY ExpectedHello Traders, GBPJPY is a daily long correction with higher highs and higher lows. This pair is in a weekly downtrend. But we will expect a higher degree correction to at least 148.65 to the last significant high at 148.00. We try to take a long position when it shows us a clear trend changing structure in a lower time frame. We hope this will give you a sense of market direction. Trade with care and always use a tested strategy before taking any trades. Cheers
Long
by secrets2trade
2
Copper next Short?Hello Traders, today we want to share with you the OANDA:XCUUSD as it seems to reach our next critical area. Looking at the long-term perspective, after the US elections in November 2016, the market broke out the consolidation phase around 2.0000 and initiated a long movement. Currently market consolidates again around 2.44-2.80 and on the H4-perspective market currently moves in our critical area of 2.69 for a possible reaction to the downside before market may hit weekly resistance again around 2.800. If we take a look at our inter-market indications, it shows that we are currently moving in an extreme inflow area where capital flow may reach a point to turn and switch direction on mid-term. We currently take the ratio of Copper vs. INDEX:SPX , INDEX:DXY , TVC:US10Y . We always mention the important of inter market analysis to time our trades and the movement around reaction points better. As it seems that investors may take their profits at current reaction point which could lead to lower prices. Taking into account the current situation it may seem that the market trades a little lower before we see the breakout to the upside towards weekly resistance level of around 2.800. We wish you much success and hope you had a great and successful trading week. As always please use a stop loss while trading and take care. To you success, Secrets2Trade
OANDA:XCUUSDShort
by secrets2trade
CORRECTIVE STRUCTURE IN EURAUD - 2H CHARTHey Folks, We are still in Daily downtrend so we can plan bearish moves from this structure. I expect one move down and then an up move to trendline. It could brake but by now I'll expect more downside in the Daily structure. Watch for this moves. - Hola Amigos, Estamos en tendencia bajista en Diario todavía así que podemos planear ventas todavía. Expero un movimiento bajista y luego una subida hasta la tendencia. Podría romper la tendencia pero en principio espero algo más de bajada en la estructura Diaria. Ojo a estos movimientos.
by ccerezo11
1
CORRECTIVE STRUCTURE IN DJI - 1H CHARTHey Traders, Just wanted to pull this simple analysis on DJI (Dow Jones Industrial Average) We had an impulse and a corrective structure, I am sure we can get a brakeout soon, watch for that and then go long for a short term trade. - Hey Traders, Simplemente compartir este analisis en DJI (Índice Down Jones) Tuvimos un impulso y una corrección. Estoy seguro que pronto el mercado rompéra alcista, estad al tanto y en la ruptura de la estructura buscad una oportunidad en largo a corto plazo. Carlos
TVC:DJILong
by ccerezo11
AUDUSD And Other Commodity Currencies Higher Again?Hello Traders, we hope you have a relaxed weekend. In this idea, we'll be looking at AUDUSD long. As the market shows us a bullish sequence against the December low 2016. We will expect further bullish momentum in AUDUSD. Especially commodity currencies such as AUD, NZD and CAD. With Gold and Silver, new bullish cycle, we expect aussie, kiwi and loonie also to follow the path of gold and silver moving higher. But before we call AUDUSD long confirmed, the pair should first take out the high at around 0.77575, to continue its bullish momentum. In the case of a break of the 0.77575. We will consider long trades after a pullback to the initial breakout level. We will keep you updated with that. As of for right now, we will be on the sidelines, as the pair also could start a lower degree correction from current levels to the last breakout level at around 0.76324. When we see a significant breakout out of the 0.77575 our target will be around 0.79484, for the short-term, as we expect AUDUSD to move even higher, but this would be the first target which we will consider. Hope you enjoyed this short overview. We will be publishing charts now more frequently. As always trade with care and always use a stop-loss Cheers
Long
by secrets2trade
FINAL ANALYSIS - BIG REVERSAL IN USDJPY - 1H CHARTHey Folks, Facts: 1- Top of structure broken, so the 3 wave correction is about to end up. 2- There is still a chance of one more move up, watch for that. 3- As soon as market breaks trendline we will get in the trade. - Hola Amigos, Hechos: 1- Tope de la estructura roto por el mercado, por lo cual la correción de 3 ondas terminará pronto. 2- Cuidado! Quizás hay un movimiento más hacia arriba. 3- Tan pronto como el mercado rompa linea de tendencia, nos metemos en el trade. Carlos
Short
by ccerezo11
7
FINAL ANALYSIS IN EURUSD - 4H CHARTHey Traders, Just wanted to share what I think is my final analysis on EURUSD. 2 chances Red: More upside and then complete the 3 wave correction in a sharp shape Blue: One more down before the C wave. - Hey Traders, Solo quería compartir el que pienso será mi análisis final en EURUSD. 2 posibilidades: Rojo: Continuación al alza para terminar la correción de tres movimientos de manera afilada. Azul: Un movimiento más hacia abajo antes del tercer movimiento de correción C.
by ccerezo11
1
FULL ANALYSIS ON GOLD - 4H CHARTHey Folks, This is my long term analysis for GOLD - XAUUSD. 2 ways: Red : Final move to green trendline. Blue : A small move up and then test the low before going up to green trendline. Notice we are looking to simillar structures in both Gold and EURUSD. - Hola Amigos, Este es mi análisis a largo plazo en el Oro - XAUUSD. 2 recorridos: Rojo : Movimiento final hacia línea de tendencia verde. Azul : Un pequeño movimiento hacia arriba y caída hasta el soporte más bajo antes del movimiento hacia la línea de tendecia verde. Daros cuenta que observamos estructuras similares entre el Oro y el EURUSD.
FX_IDC:XAUUSD
by ccerezo11
4
DIAGONAL IN DXY - 4H CHARTHey Traders, We have been analyzing this structure for a few weeks already in DXY (US Dollar Index) We are expecting a fifth move in the diagonal and then a breakout towards to the -0.27 fibo level potentially. When this happens, all USD pairs will be affected. - Hola Traders, Hemos analizado esta estructura durante semanas en DXY (Índice del Dollar Americano). Estamos a la espera de un quinto movimiento dentro de la diagonal para luego tener una rotura que de un movimiento hasta el nivel Fibo -0.27 potencialmente. Cuando esto suceda, todos los pares con el USD se verán afectados. Carlos
TVC:DXY
by ccerezo11
2
ELLIOT WAVE IN AUDNZD - 2H CHARTHey Guys, Just wanted to show you the labeling of this impulse applying Elliott Wave Analysis. We are looking for a buy set up and then trade a move uptrend. Then we will try to identify the next corrective structure. - Hola Chicos, Sólo quería mostraros las etiquetas de este impulso aplicando Elliott Wave Analysis. Estamos buscando un trade en largo desde la estructura actual de compra. Después miraremos de indentificar la siguiente estructura correctiva. Carlos
Long
by ccerezo11
EURAUD Possible Short Term Long Setup In ProgressHello Traders, EURAUD is in an intact weekly downtrend. However, the pair broke a significant daily trendline, which structure ways could tell us that we can see more correction to the upside within its short trend. If we see a nice breakout structure well gonna buy the pair out of its consolidation pattern. As off for right now we still wait for the pair to create a nice buy setup. If we see a good pattern we will update you. Our analysis will give you just a sense of market direction. These are no trade calls rather than just our own opinion. Trade with care and always use a stop loss while trading. Cheers
Long
by secrets2trade