USDCAD printed a leading diagonal. We are currently on a wave 2 correction. Waiting to trade wave 3 impulse.
Dear colleagues, I suppose that if the price has started such a movement, we should take advantage of it! I suppose that all this movement is wave 3. This means that the target is at 100% of the Fibonacci extension level of 1.09866. The price may make a small correction to the area of 1.08576. Manage your capital correctly and competently! Only enter trades based...
Dear Colleagues, the price is showing a strong upward movement and I saw a five-wave structure. Now wave 3 is coming to an end and I expect a correction in the form of wave 4. I expect the price to reach at least the support area of 2100. Manage your capital correctly and competently! Only enter trades based on reliable patterns!
Dear Colleagues, I suppose that the price will still renew the high and continue the upward movement to the target of 100% Fibonacci extension level 151.320. This will be wave 3. And before that a correction of wave 2 to the area of 149.750 is possible. Manage your capital correctly and competently! Only enter trades based on reliable patterns!
Dear colleagues, earlier I wanted to write a forecast with a deep correction, but after reviewing the data I suppose that the price will go higher. I assume that it will be wave 2, but for now I expect a small correction to the support area of 78.88. Then I expect an upward movement to the area of 100% Fibonacci extension at 81.85. Manage your capital correctly...
Dear Colleagues, it is obvious that the price has made a strong upward momentum. I suppose that this movement is wave 1. At the moment I expect that the price will make a corrective movement of wave 2 to the area of 61.8% Fibonacci level 1.07715. Manage your capital correctly and competently! Only enter trades based on reliable patterns!
Dear Colleagues, price made a strong upward movement last week, and now I suppose that price could make a new high, but the main direction of the forecast is a corrective movement to the area of 50% Fibonacci level 2060. Manage your capital correctly and competently! Only enter trades based on reliable patterns!
Dear Colleagues, I suppose that the downward movement to the area of 100% Fibonacci extension level 0.86885 will start soon. This will be the anticipated wave 3, which may go even lower. Manage your capital correctly and competently! Only enter trades based on reliable patterns!
Dear Colleagues, price has made a strong move and I suppose that it will end at these levels. After the five-wave movement, I expect the price to decline to the support area of 149.115. It can happen already from current positions, but I hope that the price will update the maximum and complete wave 5. Manage your capital correctly and competently! Only enter...
Dear colleagues, the previous forecast is still active, but I will make a new one, because the price gives us a chance to go short profitably again. The previous idea will be linked to this one on the link below. I expect the price to start moving towards the support area of 1.06970 in the coming week. An update of the high in the resistance area of 1.08052 is...
Dear colleagues, I assume that the price has started another five-wave structure. At the moment I suppose that the price may test the area of 50% Fibonacci level of 76.73, then I expect the price to come to the resistance area of 79.37. But maybe wave 2 will not happen and we will see an extension of wave 1. Manage your capital correctly and competently! Only...
Huge Move on Natural Gas just now. Here is the step by step setup. 4 hour trend was extended. MACD bullish divergence was also very strong. 1 hour CCI was above +100 15 minute TrendCloud signals were sent right to my phone and alerted me to the trade. Small $200 risk and we are now over $1000 in the green. If you like trading trend reversal trades then...
Dear colleagues, the price made a strong impulse downward and reached the level of 1989. I assume that this is not the end of the move and the price will reach the area of 100% Fibonacci extension level 1972.810. I suppose that this movement is a corrective movement in three waves. After reaching the target, I will redraw the waves. Manage your capital correctly...
Dear colleagues, the price has gone down. I believe that the price has not yet finished its downward movement and wave 2 will go even lower. I assume that the price will reach the 61.8% Fibonacci level of 37810. Manage your capital correctly and competently! Only enter trades based on reliable patterns!
Dear colleagues, the price resumed the impulsive upward movement. I assume that this movement is wave 1 and it will end soon. Perhaps we will see the beginning of wave 2 today from current levels, but a more conservative and favorable entry will be from the resistance area at 79.37. In any case, I expect the price in the area of 50% Fibonacci level 75.49. Manage...
The price has updated the low of the wave 1.07242, which means that it is quite possible that the formation of wave 2 has started. I rarely trade corrections, so I recommend waiting for the formation of wave 2 to the resistance area of 1.07894, then I consider only short positions to the 61.8% Fibonacci extension level of 1.06824. Manage your capital correctly...
Dear Colleagues, I suppose the wave is in a triangle and is currently forming the last wave 5, which I expect in the area of 2019. Then I assume the revival of the upward movement with the aim to reach at least the resistance area 2064. Manage your capital correctly and competently! Only enter trades based on reliable patterns!
Dear colleagues, I assume that the 5 wave impulse is ending and the downward movement will start soon. I think that wave 5 will end in the area of 149.720, then I expect a decline to the support area of 147.648. Manage your capital correctly and competently! Only enter trades based on reliable patterns!