This chart depicts potential movement over the next 2 weeks based on my application of Elliott Wave Theory and historical data for the S&P 500. I currently have the index in in Sub-Millennial wave 1 (began June 1877), Grand SuperCycle wave 5 (began March 6, 2009), SuperCycle wave 3 (began March 23, 2020), Cycle wave 2 (began January 4, 2022), Primary wave B (began...
Check this analysis for yourself ! Learn to trade with the Market Makers and retail traders . CADJPY should be a GREAT profitable sell . Wait for the break retest of the low and you will get a perfect entry for at 100 pips . Make result in a 2 day trade but risk to ratio is very low .
AUDJPY has a lot of shorting potential at the moment, however any position we are going to take needs to be confirmed due to the subjectivity of the trades on offer - meaning I am expecting an overall selling direction but there are more than a couple of things price can do first which can be seen on the chart.
Sell any breakout as and when it occurs - this is...
USDCAD has finally approached the area at the top of the channel which will likely provide the best area to short the market. We will be looking to sell the breakout out of this smaller consolidation channel.
I have waited for this consolidation to publish an idea, as it would suggest the upturn in price of the last few days seems to be losing all steam as it...
