Hi traders: Finally we are seeing some bullish price action on the lower time frame of EURUSD. WE can see that price has reach both the higher time frame and both lower time frame's bottoms. A HTF double bottoms, bottom of the HTF parallel structure, bottom of the LTF expanding structure, and bottom LTF descending channel has all been reached. This is a...
Hi traders: Also eyeing AUDUSD for further upside potential. We can see a higher time frame descending structure that the price is currently in. At the bottom, a bullish reversal price action, giving us an inverse Head and Shoulder pattern, and we saw a strong bullish up move follow by correction. Now that price has confirm broken out and is in the impulse...
Hi traders: What can expect from the USD in the near future ? As we can see here, price is once again at the top of the overall current price action structure. Price spent much of the time since July correcting within the expanding structure. Not much bullish price action here. Now, we can see a potential double tops, price formed a lower time frame...
Hi everyone: Also eyeing SOL for bullish price action to continue. We can see price has already made a strong impulse move to the upside, and formed a continuation correction. Price then has a clear impulse up on the lower time frame, good sign of bullish continuation development. Now that the price is forming into a lower time frame continuation correction,...
Hi Guys, keep an eye on EURUSD. Let this correction finish and buy a strong break to the upside. Thank you for your support
Hope you all are having a green PNL from this market. We are seeing a massive bull move to the upside after the correction happened in September. While seeing the recent impulse, correction and the next impulse, the price looks like it's moving according to Elliot wave theory. Basic Principle of Elliott Wave Theory. Simply put, movement in the direction of the...
Hi everyone: Looking at ADA's current price action for another impulse phase to push the price higher. We can see from the previous impulse phase that broke the all high, is follow by a consolidation correction. This is what we generally want to see if price will continue the previous bull run. Latest development shows signs of a bullish correction on the...
Hi Crypto traders; On this pair; price is getting ready for sharp impulse so after breakout we can enter to long for T.P1 and T.P2. Do not forget to follow me and like guys.
Hello everyone: Many have asked me to do another in depth breakdown on the USD pairs. Personally my bias and view is more weakness to come on them. So I will break down all the potential USD pairs that are developing nicely for some opportunities. Currently in EURUSD Long and watching out for other pairs as well. DXY Original Analysis and Forecast:...
Hello traders! Today we will talk about EURNZD currency pair in which we see nice and clean bearish impulse in progress with room for more downside pressure, while it's trading within channel range. As you can see, we are tracking a higher degree wave (3) that can push the price much lower, especially if we consider an extended wave 5 of (3) with room down to...
Hi Guys, the XAGUSD is in a structure where it needs to tell us where it will go in the future. Structure is showing us two possible scenarios the wave structure could develop. I will wait for a correction before buying or selling it. I guess setup will be clear next week and we all will know which way it will go. Thank you for your support.
Hello everyone: Welcome back to this week’s trading recap video. Let's take a look at the trades entered/closed this week from me. I will explain my approach on the entry, SL, TP and management. EURUSD: First Entry: Closed down for -1% loss Second Entry: Running about +0.7% profit Third Entry: Running about -0.3% loss Full analysis/forecast: SILVER:...
Hello traders: EURAUD is looking very clean on the higher time frame as it is forming the right shoulder of the H and S pattern. We can see after price hit the higher time frame double tops, a strong impulse move to the downside, hitting the previous lows. Then we see price correctively move up in an ascending channel, good sign of a continuation bearish...
As you can see we are in the 4th wave. I hope it'd be raised if Bitcoin let the altcoins move on.
Entry: 3.45 Target1: 5.22 Target2: 5.67 Target3: 6.40 SL: 3.15
Hi Guys, GBPUSD is in a downtrend so looking for a sell setup seems like a good idea. Thank you for your support.
Hi Guys, USOIL is setting up for a reversal so keep your eyes on lower time frame flag to confirm the sell. Thank you for your support.
Hello traders and investors! In this article we want to update our previous CADJPY chart, where we mentioned and highlighted a completed W-X-Y correction and bullish reversal. As you can see, CADJPY is trading nicely and impulsively bullish as expected long time ago and the main reason is also a rally on Crude oil. We see room for more gains within an extended...