Looks like a buy setup to test recent high. Have a good week traders! :D
chart explains what I'm looking for, and related idea! Have a good week!
AUDCAD has had an impulse to the upside, so what I am looking for here is a corrective structure to form. If the top trendline is broken then this idea is invalidated. Good luck fellow traders
Hey folks, I wanted to share this idea on GBPUSD. After a sharp impulse I am sure we had an ABC correction and a new impulse is going to develop. Target is the -0.27 of the fibo. Trade the breakout and you can get a nice 170 pip profit. Carlos
You'll see some comments on the chart. I have been missing out on some trades by sleeping! I can't say that that's a bad thing :D Have a good week!
I am expecting this pair to drop soon so watch for the breakout of the corrective structure. Good luck and happy trading everyone
If price breaks down and I can establish a clear or clear(ish) b wave I'm going long and setting up possible sell limits. Thanks for checking this out! Have a good trading week!
Traders! What's up? Lookin' like a textbook flat forming here on GU. I'll be looking to go long next week! I will watch for a break to the downside for an expanded flat, but as of right now it appears to be respecting the lower structure! Setting up for impulse 5! :D Thumbs up if you agree, and comment some feedback! I appreciate you ;) Thanks for checking it...
Hi traders, correlation with NU. This appears to be making a continued correction. Thumbs up if you agree and comment with feedback! I look forward to talking to you!
Hey Guys! I saw this very interesting. The Weekly correction has been broken uptrend by this last impulse. Now it's making a correction in the shape of a flag so we have a buy set up! Simply buy the breakout! Carlos
Strong bearish price action since start of the week. I am looking for a possible final push (exhaustion) into the long term support around 1.5950. Looking to get short on a pullback towards 1.61 with first target at the bottom of the corrective structure around 1.6050 and in extension a final target around 1.5950.
Hey Traders, Long time no post, happy new year and happy holidays! I am back with a few analysis from my holidays, one is this trade, EURJPY. In my team we traded the flag down, we managed to get a 116 pip trade done. This flag is finally reached 0.786 of the fibo so I am sure it will try to brake it. The ongoing brake maybe a Throw-Over so we have to wait,...
As I progress thru learning EW principle I like to revisit ideas and add some additional commentary on what MAYbe happening! Happy new year! Thanks for the continued support! :D
Happy new years eve traders! (my time in Chicago) As you all know I've been staying up to date on my ideas taking them piece by piece as they develop. The chart explains what I'm thinking, and other than that... ITS TIME TO PARTY!!! I hope you all continue to kill it in 2017! Give me a thumbs up if you like the idea, comment with what you are thinking, or just...
Hi Folks, One more analysis. I really have my hopes into this trade, working with a buy limit order. We have a past eliott motive wave (12345) followed by a perfect ABC ZigZag correction since it is formed by two "threes" and a "five". At the end by -C- point we have a small extended flat followed by a downtrend channel consolidation. My final prediciton is...
On the one hour time frame we have a breakout of the corrective structure / consolidation period to the downside, however now we're touching a key support of 1.33600. I will look to see what PA does around this area to see if i can get an entry. If we bounce i won't take the trade long. However if we break below support, i will be looking for a retest before going...
Hello , I have noticed this Elliott wave cycle is going for completion in long term . The long-term target is to reach 92.000. I am not saying to enter a trade now , you have to find a good entry point . I will update this idea later in lower time frame . guys if there any advice you can help me with , i will be grateful. :) Good Luck
Hi again people, This an updated analysis I did a month ago. You can check it out in the link here of related ideas. I expected the market to do a move up to form -X-. Following Fibo rules I estimated the location of -X- following a downtrend line as a main guideline of the Daily corrective structure. We are now looking for a brake down from -X- and then get in...