Hi traders, Keep an eye on this one for downside. I am expecting price to roll over to the lows, in the form of a 3 wave move. I expect price to hit the 3 wave measure move target, where previous support structure is located. Use your tested trading strategy to find the move. Best regards, Tom_Killick
EURAUD is at the weekly 50.0 Fibonacci retracement level for the downswing starting from the 2015 high. We have two potential trades, we have a sell to around 1.470 and we have a potential buy at around 1.465.
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Hi Guys, AUDNZD is falling for a while, I'm expecting a up impulse in this pair but its correcting for sometime. By analysis its look like zigzag corrective wave.So look for price level around 1.05322 for buy opp. For more confirmation i would like to this pair to break that down move with small up impulse then correction for buy. So look out for this one.GL
Hi traders, Keep an eye on this one for a short into the coming weeks. Price could move straight down after structure breakout right into the lows, in the form of a new down impulse. Alternatively, price could break structure, and retest structure. ALWAYS USE YOUR TESTED TRADING STRATEGY TO TRADE. IF YOU DON'T KNOW THE ENTRY AND EXIT LEVELS THEN YOU SHOULD NOT...
Hi traders, USDJPY looks like a buy. Watch for a setup using your tested trading strategy. It could move straight up the highs in one swing move, there is a possibility it could bounce off swing low before the move up. If it manages to break structure, wait for a corrective structure before any further buys. Best regards, Tom_Killick
Hi traders, GOLD has broken out. Watch for a sell setup using your own tested trading strategy. Price could break structure as shown and immediately go the lows in the form of an impulse leg. Alternatively, it could retest the previous sidewards support as a resistance before the breakdown. Best regards, Tom_Killick
Hi traders, I hope you all had a wonderful weekend. NZDAUD looks good for a buy setup. I am expecting this breakout to lead to a move to the highs of the range. I expect a breakout of structure, and a move immediately to the upside in the form of a single wave impulse. Alternatively, it could break structure, bounce on the structure, before moving to the upside,...
Hi traders, Keep an eye on this one for a sell setup. I am expecting a move down, but the question is, is the upside over? I guess when price hits the sideway support we will soon find out, maybe one more up leg before the down impulse leg. I am expecting downside in the form of impulse leg. It could bounce on the support level before the breakdown. You can...
Hi traders, NZDCHF looks good for downside. Keep an eye on this for downside. It could bounce off structure before the down move begins. The pair looks weak, and looks as though it will break sideway support, after resisting on the horizontal resistance as well. This looks like a good area to look for a short setup using your tested trading strategy. Best, Tom_Killick
Hi traders, Keep an eye on this next week for upside. It looks like GBPUSD has completed a consolidation after a bullish impulse leg, so I expect upside in the form of a longer term 3 wave move. It could bounce off the swing low before the move begins. I am expecting a 3 wave move, it could either break out and go straight to target alternatively it could...
Hi traders, Keep an eye on this one for a short setup. I believe there will be a down move to the bottom of local structure, but the question is, is the downside over? Maybe some more upside before the next big move down. I am expecting a breakdown to bottom of structure, where it could bounce again. It could also break structure, and retest the previous...
Hi traders, Keep an eye on this pair for a up move. I expect a move to the highs in the form of a 3 wave move, but the question is, is the correction over? I guess we will all soon find out. There is a couple of ways that this move could play out. Price could either move off to the highs immediately in one impulse swing leg. Alternatively, it could bounce off...
Hi traders, DOLLAR looks good for a sell on the smaller TF's. I particularly like it on the 4 hour chart, where it is showing early signs of a breakdown. I am expecting either a straight breakdown to the 3 wave target. Alternatively, price could break the structure and retest the support as resistance before the breakdown occurs. Please like and follow all...
Hi traders, Keep an eye on this one for a buy setup. I am expecting upside to the 3 wave target. Best regards, Tom_Killick
Hi traders, SILVER is about to complete a bullish Shark pattern. This is an excellent opportunity with a great risk reward ratio. I am expecting an up move at buy area #1 or buy area #2 I am expecting price to bounce at 15.90's or the buy area 2 at 15.20's area. Currently the potential shark has completed the C leg, and now is travelling to the D leg to...
Hi traders, COPPER looks good for downside. Keep an eye on this one for an entry. I suspect that price will hit the 3 wave move to the lows. I am expecting price to break down, in the form of a 3 wave minor move. There is a chance price will move higher before the move down starts, but with a tested trading strategy you should have no problem finding the entry...
usoil: sl:50.3 & weekly close line above 49.5 tl :37 / 35