Here is my continuation analysis of GBPUSD. From my previous analysis it was going to direction that i expected but before market close dollar getting weaker. With that said i think GBPUSD will be going higher than price closed last friday. But i still expecting GBPUSD still going to the downside area before continuing to the upside. Cheers :)
Here is my analysis of EURUSD for the upcoming week. Another upside movement last Friday. it gave me an opinion that EURUSD still has some room left to the upside before going down for retracement. My idea for next week I'm gonna wait to see if EURUSD can entering my sell area before I looking for another selling opportunity. Cheers :)
Here is my analysis of DXY ( USD ). In my opinion, DXY already completing full cycle 5 waves and A B Correction phase. And right now DXY making an impulse downside movement. In my waves counts, DXY almost reaches 5 waves and will make the 2nd wave which is the wave retracement. I expecting DXY retracement will making a Head and Shoulder pattern. If this happens it...
Here is my continuation analysis in GBPUSD. After get rejected in 1.4000 area i believe GBPUSD will continue to the downside for making the "C" point to complete the retracement wave 4 before going to the upside again. Enjoy the wave ride :)
This is my new plan in EURUSD. My analysis before was invalid because price was extending and hitted my SL area. But right now i believe the impulse wave 1 is done. It is time for me to go short until wave 2 finish. Enjoy the wave ride. :)
Here is my continuation plan in EURUSD from last week.. So far i see EURUSD is completing wave impulse upside movement. EURUSD also respecting supply zone 4H area 1.1980 - 1.1990. Right now i am focusing in retracement wave that's why i am in seller team. I also see there is a possibility thar EURUSD will make Inverted Heand and Shoulder Pattern to complete the...
Here is my continuation plan on GBPUSD. After reaching my target area for buying, right now if this right shoulder is confirm i am looking for sell opportunity to complete wave down.
In my opinion Wave 1 as impulse is done.. I am looking for selling as retracement for Wave 2
This is my continuation analysis in GBPUSD.. for next week I am expecting GBPUSD will go up 1st to make the right shoulder and then continue to downside again to complete the wave projection before continuing UPTREND movement in daily timeframe..
Yesterday DXY close in bearish candle after reaching 93.40 area. It is indicate me that DXY already finished its 5th subwaves for completing ABC retracement. I think it is the time for Dollar to go down as i can see now DXY making evening star pattern in daily timeframe. My analysis will be invalid if DXY can close above 93.45 Happy Easter guys
Here is my continuation analysis in GBPUSD. In my opinion GBPUSD just completed wave 4. After completed 3 subwave A B C and hit Daily Uptrend and also i see a double bottom in in daily timeframe. Right now im focusing how GBPUSD will make wave 5. My analysis will be invalid if GBPUSD break below 1.3670.
This is a continuation from my last Elliot Wave analysis last week.. We see some rejection as expected.. After nice that rejection i more to the downside area for GBPUSD before going up..
Here is my idea for next move on GBPUSD.. after completing 5 subwave down from 1.4242 area i predicted next move GBPUSD will go up for retracement before continuing going down movement.. -Arcee-