I am looking at this bullish corrective structure on the daily time frame. Price is now at the top of wave 4 and needs to confirm either a breakout to the upside or a reversal for wave 5 first. I expect price to move around this level for a while before making a definitive move so will be trading both long and short positions on lower time frames. Happy...
Gold has been moving according to my analysis and I am expecting more upside to come. There is currently a correction forming which could see an interim move down to complete wave 3 but from that point I will be looking for another long entry to the 1485 mark. Happy trading! Linton White JP Markets South Africa
Expecting this to go over $1BN market cap very shortly. Indicators are extremely bullish - no signs of reversal thus far. Lots of thin movement showing that it's going to be volatile on the way up there.
Looking at the daily time frame on EURUSD, we can see that price hasn't reached the 23.6% retracement level as yet. I expect to see a small pullback to support where price will continue upwards and break the 23.6% retracement level. My initial target to the upside is the 38.2% retracement level. Happy trading! Linton White Pro Trader, Analyst, Mentor & Money...
Iv'e been waiting for this setup to confirm for a while now and have just entered the long position. Looking at the structure indicated in blue, we can see the initial impulse wave on the left of the chart, indicated by the first blue arrow. Then we can see a corrective structure which is in wave 3 to the downside at the moment. I have entered the long based on...
My forecast for NZDUSD to form a reversal and end wave 3 was on point. Price reversed and is now headed to the top of the structure where I will await a breakout or a pullback for wave 5.
Cad/chf is setup to reach that price area long term. Coming off the weekly 200 again right now. It is a very choppy pair. But it has been testing this pitchfork median for quite a while.....
Hello traders, as you can see NZDUSD is currently in downtrend and it's making nice flag for sell under the trendline. I won't take that trade because RR for me is not good and i really don't want to miss bigger move. The bigger move is upside. When NZDUSD breaks the low we will see divergence in play. Divergence could be a reversal sign. The green box is BUY zone...
NZDUSD completed a large running flat. Look for sells down to retest the lows.
There is major potential on euro downside thats why i have been selling and going break even when possible to do so is a great idea could see some sudden moves on 30 april with the high impact news events , dont follow this its my trade this isnt a signal just to showcase my views if you wish to trade it thats your own choice .
Hello traders, after the 4h corrective structure we got 1h flag. Wait for the breakout of that flag and then take the trade. That breakout will confirm uptrend, next impulse! Also the bigger picture looks downside, so buying this pair is a really good idea. RR is also great for me. So keep an eye on it & be patient & trade with care! Make the bank rolls! My...
Hello traders, as you can see GBPAUD is making correction under the trendline. So wait for confirmation and take that breakout! Weekly, daily, 4h also looks downside. We have a lot of divergence what is a good sign for reversal. So selling that pair is a good idea. Don't miss this one! ;) My weekly view Make the bank rolls! ;) $$$ If you like what i do click...
Hello traders, As you can see I'm only looking for the sell at this stage. GBPCAD broke the trendline with the strong down impulse and now it's making correction (sell setup) about the trendline what is a good sign. The bigger picture also looks downside and this is the one of the reason why I'm interesting only in the sell. Wait for more sideways candle and take...
Hello traders, USDCAD made a very strong up impulse and broke the trendline. As you can see USDCAD is making correction above the trendline. There is high probability chance for breaking the top again and this is the reason why i'm looking for buy on this pair. I'm expecting completion of the bigger daily running flat. Wait for complete correction and then take...
After a strong impulsive wave up GBPAUD has been moving very correctively down. If price does make it down to .8000 handle will be looking to go long. Until then will consider getting in if we start to see bulls enter market and break north.
Natural Gas is now sitting at a major demand zone. We could see price take off aggressively from here.