wait for sell confirmation at 76.2 zone to short till 74.1 as indicated on chart.
wait for proper confirmations to sell from between 0.6680 & 0.6695 zone till target.
find an entry AFTER CLEAR BREAKOUT to target as indicated in the chart.
we have clear shift in trend on this pair with the base being a head and shoulders which seems to have been completed. what is left is more confirmation to go long and that is where the wedge comes in. it is an indication that the new trend is stilll in it's primitive stage and we can expect a bullish run after breakout and retest. we have breakout already from...
we have reaction at the PRZ already so we are to go long at first to 23.6 retracement
buy only after the break of current resistance to 23.6 retracement. possible H&S in the making
from the wave count it is adviceable not to sell rightaway after breakout but be patient enough to see retracement to the trendline before selling
The shark D-leg corresponds with the upper band of the triangle so we would be looking to sell upon rejection from that zone
We currently have rejection from the lower band so we can go long till the sell area. NB: only sell when you see rejection from the sell area or upper boundary
the bias on this pair is bullish but that can only be confirmed if the key level does not hold as resistance and we have a bullish break and retest.
depending on which indicated resistance we see the rejection, we would be selling to the lower support
looking to see rise to the previous shouler which corresponds with D-leg of gartley pattern then sell upon rejection. giving good R:R.
the pair is still in a consolidation phase and there is possibility to short, but only after breakout confirmation
wedge breakout indicating possible continuation in sells.
we have breakout of wedge to the downside on 4H so bear run is most likely. Details are on the chart. Targets are 61.8 & 100 fib extensions
so far the criteria for elliot motive wave are being met. looking to buy up the 5th wave with the target being the previous high in case of posssibe truncation (though it is very likely the pair buys higher). there's a breakout from a falling wedge + break of resistance as confirmation for bull run
a falling wedge is usually an indication of the begining of a new trend when sighted after a breakout. As in this case we can expect the current market condition to be the begining of an uptrend. The target is 1.0 fibonacci extension. good luck guys
the plan is to buy the comletion of the handle. As we have breakour of falling wedge to hint uptrend continuation