Elliot wave count..a 5 sub multiple wave has been vividly counted for wave1, with a complex decline of wave 2 , now we are in wave3 .. we expect that to be minimum of 161.8 of WAVE 1 @ 1.16340
Expecting a wave 3 movement of the expected C leg of the expected zigzag correction.
EURCAD did exactly as we predicted last week, a break out and a retest of the descending triangle.. we remain bullish on this pair...
Based on the Elliot wave analysis that played out last week as we forecast, we reaped more than 200 pairs buying the pair last week, we have now experienced a correction downward yesterday. the next thong we expect is a push up from the current price , hopefully, this is the beginning of Wave 3.
According to the Elliot wave structure developed on the pattern a complete, 5 wave impulse was counted, and a motive wave of the expected reversal has been formed, we expect an upward movement to follow for the main time being.
Based on elliot wave analysis, harmonic pattern(shark), and Head and shoulder trading pattern. USDCHF IS getting ready to fall.
A breakout of the corrective wave triangle, the next we expect is that the pair should retest the broken trend line then continue the up ward movement which is wave 3 of the new motive movement. SELL @ 1.52330 SL @ 1.53000 TP: OPEN
NEW EURUSD BUY STOP @ 1.13500 SL @ 1.12400 TP: 1.15000 This is based on the elliot wave analyses given before... Follow us and enjoy green pips
After the completion of the running flat correction which is wave 2 , EURUSD Has started the wave 3 movemet we expect the pair to rise to minimum of1.14660
At the end of the 5th motive wave we , could see an head and shoulder pattern which is signaling a reversal of the current valid trend. The confirmation of a sell is seen adequately from the forceful breakout of price through the head and shoulder neckline... WE picking a sell from the breakout region @ 0.96900 with a stop loss @ 0,97400 WITH THE TARGET OF 0.95300
Gbpusd Buy stop @ 1.2730 SL @ 1.26500 Tp @ 1.28500
EURNZD ALREADY ACHIEVED OUR TARGET WHICH IS WAVE A CORRECTION ...
WE continue to see the fall as the correction of the completed 5 motive waves... Goodluck!!
we are expecting usdjpy to perform the 2nd wave of triangle movement up.
Nzdpy sell based on Elliot wave and harmonic pattern