Possible completion of Elliot Wave formation
PLEASE REFER TO CHART. Suggest taking profit at 20 pips or at the closest S or R.
WAIT FOR PRICE TO REJECT BREAKOUT ZONE AND SHORT FOR 5-20 PIPS. IF PRICE BREAKS THE ZONE WAIT FOR RETEST AND BUY FOR 5-20 PIPS.
PERSONAL NOTE 30M LONG at resistance zone (green circle)
Personal Note Retracement on 30M Short on 4H
Personal note overall long on 4H and retracement on 30M
With GBPUSD nearing its 60% retracement, it can be said that the bulls may possibly ride a strong uptrend next week. On the other hand, we may find resistance at the 61% retracement level and find ourselves in the midst of a good short position. Please refer to the 4H chart above for further details in regards to entries and targets. Have a great weekend!
On Friday November 15, 2019 there was an established downtrend for USD/JPY. In fact, within the activity of the following price action, there were clear signals of a trend reversal. I took the liberty of pointing out some obvious cases of hidden bearish divergence and also regular bullish divergence. These two indicators pointed out an overall possible reversal....
As of Saturday, March 28, 2020: GBPUSD H2 is showing a clear, forming uptrend. The following confirmations were noted for possible good entries! Although there is a good amount of fundamental news data to be released this upcoming week, it looks like GBPUSD is shifting into a bullish market. Note: H4 is showing a clear, forming uptrend as well and on 1H, 30M and...
PERSONALN NOTE EURUSD FINDS STRONG RESISTANCE AT 50% FIB RETRACEMENT ON 4H, 1H AND 30 MIN
EURUSD SHORT IDEA IF GOLDZONE IS RETESTED AND RESPECTED.