CHERIZON_WAVES

CHERIZON_WAVES

EURUSD WAS RECENTLY IN WAVE 4 AND RETRACED UPTO 38.2% FIB, THUS COMPLETE. WE ARE NOW STARING AT THE START OF WAVE 5, TARGETTING 1.2900 IT IS IMPORTANT TO CONSIDER A GOOD RISK MANAGEMENT AND ADDING TO BULLISH FLAGS.

CHERIZON_WAVES

This pair has been on our radar for long with BUY positions from when it broke out of the ending diagonal. At this point, the market is advancing to complete a major wave 5. To capture the next big move, we should place ourselves strategically at the completion of minor wave 2 so we can catch the move for minor wave 3 all the way to possibly 113.00

CHERIZON_WAVES

Wave 4 has played perfectly within channel, now that price has touched the lower trendline, it is a sign that wave 5 is set to take off. In H4, we have a visible ending diagonal that supports the reversal idea. Let us look to buy Gold from that low and hold. Important to note that the market can be choppy just when we the reversal is starting to take off.

CHERIZON_WAVES

In a while, we will see a reversal for the upside as wave 1 for major wave 5. This will be our opportunity to resume buying up to our long term target of 1.2900. Buying now will be risky buy if the H1 bullish flag breaks above, we can BUY and Hold.

CHERIZON_WAVES

This pair has rallied up for the past few months without a significant pullback (correction). We now anticipate that the market will correct the entire move or the previous recent impulse, either way we should not be looking to buy yet. Shorting will also carry a significant risk.

CHERIZON_WAVES

The bearish move is backed up by: 1. A complete Triangle 2. A broken channel 3. A gap that the market wants to fill

CHERIZON_WAVES

After a long awaited flag in wave 4, we finally get entries to go LONG on XAUUSD or GOLD. Looking at the structures and Fibonacci ratios, looks like we will see prices touch 1872 in a few weeks

CHERIZON_WAVES

Having completed a 5-3-5-3-5 Diagonal, we are now headed for the third leg of the correction: wave C. Wave B is developing as a flat and also a retest.

CHERIZON_WAVES

With Traders psychologically having less faith in the CEO because of the recent tweets, this stock might continue to fall in to a possible $553.45

CHERIZON_WAVES

Wave 4 Developing as a Triangle. this consolidation will lead to a continuation of the move to the downside. It is important to note that a triangle can only be found in wave 4 and wave B

CHERIZON_WAVES

Had this move been an impulse, we would have seen a free fall. However, up to today it is still consolidating meaning there is a high chance of continuation to the upside

CHERIZON_WAVES

Minor Wave 4 developed as a triangle, catch wave 5. This pair will remain bullish for a while

CHERIZON_WAVES

AFTER A TRIANGLE, CERTAINLY WAVE 5 IS COMING AND WILL BE AN HEAVY IMPULSE. GOOD RISK REWARD RATIO

CHERIZON_WAVES

#Nzdusd How a correction Develops and why you should keep your worries at bay. 🔥Wave Analysis 🔥Impulses and Corrections

CHERIZON_WAVES

This pair has been playing within a channel since 2017. it is set to touch the upper trend line soon which corresponds to two major zones: 1. Supply Zone, as shown on the left side of the chart 2. Fibonacci Level (FE 1.000). This level is crucial as it gives the projection for wave C in a case where A=C.

CHERIZON_WAVES

#Xauusd seems to have turned bullish from yesterday. Our next key fib level is 78.6% which corresponds to 1733. Since we are now trading wave 5, it is expected to be an heavy impulse that may be equal to wave 1 in length.

CHERIZON_WAVES

Price has retested the recently broken daily time frame trend line as an ending diagonal. The market is giving us entries for buy positions, Remember we ONLY BUY FLAGS. In this case bullish flags.

CHERIZON_WAVES

After hitting 61.8% fib, Gold has retraced and is now headed down. it is important to note that the larger view is a correction. Entries to the upside are based on a breakout of the correction that touched 61.8% fib. Target at the possible A=C level