Hello my friends, Another setup for today is CADCHF pairs. As you can see price currently moving to the upside and retracing lower a little bit. We could try assuming this movement as an Elliott Wave movement and price just finished wave-3. This downward movement is wave-4. To have the best trade setup it is better to buy around 0.6950-6948 which will yield...
Hello my friends, New week new spirit. Today we saw USD gaining some strenght after 1 month of depreciation. In my opinion we could still some strenght in USD so we will want to start selling other major currency and buy USD. As for AUDUSD, you could see price already broken below the ascending trendline which formed since November 23rd. Today, we got a close...
Hello my friends, Another setup for the coming week is EURCAD pair. As you can see, the recent movement of EURCAD could be analyze using Elliott Wave theory. We could assume the recent movement to the downside as an impulsive wave-1 and wave-3. After this impulsive wave-3 we could expect price to retrace. Wave-4 usually retrace around 23.6%-50% fibonacci...
Hello everyone, I hope you all enjoy your weekend. I am gonna share my trading plan for next week, if you find it useful please give this post a like and follow me for my next updates. The first pair i would like to trade for next week is USDCHF pairs. As you can see this pair has moved 200 pips to the downside for the first week of December. Friday candle...
NOT A BUY RECOMMENDATION* NSE:BHARTIARTL NSE:NIFTY waiting for time to unfold!
Elliott Wave Theory suggests that USD/CHF could be completing its major correction soon. This corrects the entire bullish impulse dated back to Mid 2011. It is primed for Wave 3 bullish impulse through the next few years, if no corrective combination plays out .
AUDCAD has developed an ending diagonal with a complete bearish corrective wave 2. Price MAY be headed for its next bearish impulsive wave three. DISCLAIMER: This MUST NOT be taken as a trading signal. Please leave a like or your comment below and follow for more updates.
Hello my friends, Here is my setup for EURAUD. I am using elliott waves rule for this trade to get 4.5R trade setup. As you can see price now on a correction after an impulse wave-(iii). Fourth Wave usually are only a quick correction and stopped around 50% fibonacci of Third Wave. After counting the fibonacci retracement, we could try putting a buy limit order...
Hello all, A quick update, the smaller degree wave (v) could be in play. Price has bounced of a possible wave (iv) count around 1831-1832 (38.2%). If the wave (v) is in progress then I expect the price to drop back out of the marked sell zone. Please refer to my previous ideas which are linked below. Follow for further updates. Trade safe, Beyond Edge ...
Hello my friends, I spotted a good setup on GBPAUD and i think it is worth to try taking it. This is a 5.5R trade setup which rarely come so we will try to capitalize it. As you can see price moving inside a parallell channel and we could try counting each movement with Elliott Wave counts. The movement respecting elliott waves count as clear as sky. We are now...
Hello my friends, Another setup for December is EURCAD pair. As you can see, it looks like a bullish flag pattern formed on this pair. Price already took down the resistance and currently retesting it as a support. We might see price rotate towards 1.5650-60 area. This bullish flag measured objective are around 270 pips. The next resistance would be at 1.5650...
BTC is going to be bearish as the volume of the bearish candles are significantly more than the volume of the bullish ones and the Elliott wave indicator is either finished a full ABC pattern or the trend is still on its B part and the C part will make the BTC trend cross the dynamic support and continue its bearish adventure
🅶🅷🅾🆂🆃 _ 🆃🆁🅰🅳🅴🆁 _ 🆂🅰 Cable seems to be giving us a (w-x-y) pattern for this final leg of wave (B) of (A-B-C) correction of Wave (A).. But it seems like we might have completed a (1-2-3-4-5) pattern in a 4hrs chart, if it prove valid then bears are now preparing to get on boards for wave c. If cable continue to break and trade above 1.33217 level, then this will...