Hey traders! We have a possible completion of the retrace after bearish impulse on this pair. I have a tight stop placed above highs as any rallies will add uncertainty and invalidate the setup. Big targets below, including missed pivots and 1=3 level. Trade is active, Happy trading!
Hey traders! We're enjoying a great rally on the USDCAD. This is it if you missed it: Here's where it gets a little more exciting. We're looking at consolidation after wave-((3)). A nice triangle formation is telling me we will see continuation after completion of the E leg. So, what does that mean? I want to add more to this position at wave-E! Also,...
Hey traders! Nice trade out of the symmetrical trianle last night into the completion of wave-((b))! Now, I want to trade the entire wave-((c)) into completion of complex corrective wave-Y. SL is placed tightly below lows as any drop below this point will invalidate the trade. Also, check out the correlating wave count on oil. Happy trading!
Hey traders! Here's a quick 15m trade I may be taking. The confluence isn't perfect, so I'll be looking for some overshoot of the symmetrical triangle before the drop toward target. Updates to come!
With the market opening lower and the gap being filled with pin resistance, I want to short this toward potential completion of the E leg. If prie rallies outside of the trendline, I'll be waiting for a long position after the completion of the bullish Gartley.
Hey traders! Looks as though we have a completion of the symmetrical triangle here on oil. The price action after the breakout looks as though we could see a leading diagonal and a pullback to wave 2 of the diagonal will make for a great entry (updates to come). A bearish butterfly pattern is nearing completion in the PRZ of a potential wave-((I))-of-3 as well...
Hey traders! We have some big targets below. I want to ride the third wave, but only after the wave-(2) correction completes. We have some potential advanced patterns lining up that could make for good short entries. We may see a drop before a rally to pattern levels, so I won't go long here as this X wave has potential to drop back down to the base of wave-(X).
Hey traders! The USD index wave count is indicating upcoming bearish price action. Price is clearly in a triangle pattern and looks to be preceding a bearish continuation toward the completion of minor Wave-C. Might find price bouncing at the completion of a potential gartley patter, a level at which I will take profit. Happy trading, and more updates to come
Hey Traders! Keep an eye out for the completion of this triangle and potential continuation of bearish movement on the S&P. May start looking for short opportunities if we see a bearish impulse after wave-E of the triangle completes. Updates to come as the tide rolls. Happy trading!
Hey traders! Check this out. We have a nice corrective structure rolling out in the form of a symmetrical triangle. Wave-((e)) is involved with prolonged sideways movement and may present a great opportunity to trade a bearish bat down toward the bottom barrier of the triangle. Exact entry will be assessed as price enters the PRZ of the bat. I will likely...
Hey Traders! We have been in a sideways correction on EURUSD for over a week now. The wave count suggests that were looking for a bullish rally into impulsive wave-((C)). This will be a five count wave and should be swift and powerful. If this is the case, then the smaller impulses leading to this wave were a series of ones and twos and could unleash a series...
Hey traders! As predicted by the wave count, we have a continued drop into the final ipulsive C wave of combination wave-(Z). I did not get the pullback I was looking for for that drop, so I sat it out and waited for another opportunity. Now that we have established potential first wave of the final impulse, this is our invalidation level and can be used as a...
We had a nice win on EURGBP earlier today by realizing a correction was in order by the wave count, then trading the correction using advanced patterns. Bullish price action is expected to continue for this pair based on the wave count. Then, stay tuned for bearish price action around the completion of the bearish bat. Stay tuned!
Hey traders! I love this setup. We have a few different scenarios unveiling for this pair. I would prefer to see a triangle completion so that we can ride the completion of the E wave before the potential downward slide. If not, I'll wait for the completion of wave-((E)) and bearish bat on the Primary degree. Updates to come after market open and waves are delivered.
Hey traders! Looking to buy the terminus of wave-((b)) if the opportunity presents itself around the target of the triangle thrust coming off of last week's indecision. From there, I'll be looking for the completion of a potential gartley pattern to sell with a conservative target. Updates to come as the tide rolls.
Hey traders! I'm looking for trendline resistance to push this pair down toward completion of wave-B here. We may be able to find some advaned pattern confluence lining up when price reaches target short area. If price drops from here without a pullback, I'll be looking for long opportunities around the wave-B completion level. This would be the ultimate...
From the previous analysis(link below). I think gold is going down and yes it went down from the 1338 to 1315 But, I think I was wrong. Maybe, wave (iii) has not revealed itself yet. I will use this new wave count for the next week. This set up will invalid if price below 1300.
Hey Traders! There is a lot of uncertainty with this pair, as three different scenarios are possible. We have a potential triangle complete from last week which could mark the completion of wave-((B)) and a fast drop ensues before a rally into completion of wave-(z) on the supercycle degree. If we see a rally, this will likely confirm an ((A)) count on the five...