Price seems to be at the end of a WXY correction pattern. The pattern and price show the end of the correction wave, and given the fundamental news that this currency has, I expect the growth of this currency to begin soon.
A perfect buy setup of the pair. as we approach the CAD CPI, we expect it to have a very negative impact on the CAD and thus support the pair. The market structure has a perfect WXY pattern that makes the pair very attractive for the coming even. good trade manangement required.
A nice low risk high reward trade of 1 200 pips. The EURO is expected to gain strenght after the shift in the monetory policy stance announced by the ECB. CAD hike expectations by the markets are over priced so we will se some unwinding. we expect the market to start the impulse upwards.
A nice low risk high reward trade of 460 pips. The EURO is expected to gain strenght after the shift in the monetory policy stance announced by the ECB. Fed rate hike expectations by the markets are over priced so we will se some unwinding. we expect the market to complete the wxy.
4000 free pips for the trade of the year. The market has has completed the weekly correction structure and is now ready for downside. fundamentally we are bearish for both currencies but expecting GBP to be weaker. The NZD is gaining strength due to monetory policy.
DISTRIBUTION pattern always will take ''WXY'' format in INDICES Traders should be cautious in holding positions , it is beter to trade daily (9.30am to 3.30 pm) 3 wave down WXY and recovery ABC in equal time will give you good trading oppertunity.but there is no trend to follow. Here ELLIOTT waves will give you good idea to trade. The final push of wave ''Y''...
- ETA is December, 23 2021 @10:30 AM - If you, and only IF you, are bearish or holding puts then this is your path down for wave Y of WXY. Double zig zag with W =Y.
We expect the market to complete the 3rd wave in the minor degree. Our fundamental outlook on the pair is bullish due to the expectations of the federal reserve to hike interest rates sooner because inflation levels are very high. The CHF is expected to be pressured as the global economy is improving since it's a safe heaven currency. The CHF we also be pressured...
Our fundamental bias is tilted to the upside for this pair as the FED is expected to hike rates earlier due to inflation fears in the US economy. The JPY is expected to be pressured due to the BOJ assuring the market that they are not planning to raise rates anytime soon. We structurally expect the pair to complete a WXY in a higher timeframe.
I think price will be bullish for while despite that is in a bearish trend hopefully we see a spite to the upside very soon
Our fundamental outlook on this pair is bullish. The RBNZ if the first bank to hike rates and NZD is a pro-cyclical currency so a positive global economic outlook is supportive for the currency. the BOJ is not planning on raising rates and the rising oil prices is pressuring japan since its one of the huge importers of oil.
Markets is largely expecting the BOE to hike Rates in the December meeting. the positive print in the inflation data this morning further fuels the expectation of the 15 basis point hike to be this coming meeting. we are expecting the BOE to disappoint the market hence we have a very bearish bias on the GBP currency. technically we expert a completion of a WXY...
This is monthly tf and what i can see is we just started wave 5 of 3 of 3 of y of wxy not a trading or financial advice do your own ta thanks.
We are both technical and fundamentally bullish on the Dollar after a positive print on the ISM manufacturing we expect expected that to put pressure on the FED to taper this upcoming FOMC. we expect CHF to be pressured in the coming trading sessions
The RBNZ on their last meeting started the tapering program so that a bullish move for the NZD hence after tapering its rates hike. on the bigger structure the market is completing a WXY patterns that's in the same direction as the fundamental outlook. Note any correction will offer short term buys and any positive developments in the economic data should fuel the...
Hi Trader, please look at my attached idea to get all the informations you need for the trade. We had a massive buying movement on yesterdays NY session which led us to new highs. Nonetheless I am still seeing a possible bearish outlook which would lead us to 1680s area once again, before we see the bearish case to be invalidated. This is due to daily timeframe...
We are in a double or in a triple & I am still learning guys, so if i make a mistake here or there i would be very thankful if you point it out for me -------------- ---Combination corrections are also viewed as complicated and complex, but there is really no need to overthink it. Combination corrections in simple terms: 2 or 3 corrective patterns joined...
It should now bounce in B wave before next move down as C of Y wave. The drop from 5615 was impulse A wave and it should bounce in B.