Hello traders, Hope you are prepared your charts for the next trading week.
I would like to share one of my views on GBPUSD.
After the correction in wave c, the price movement will go up to wave 3.
if you want to open a buy position, you should wait for the confirmation pattern to buy
For simple trades, we only need to distinguish what is impulsive and corrective.
I trade only impulse, I never recommend trade correction.
Hello traders, the USD/CHF price movement is currently in the resistance area, probably will continue its uptrend.
After the impulse phase, the price movement will be followed by a correction phase and vice versa.
And the correction consists of zigzag, flat, triangle, and combination patterns.
I think AUD/usd is now in a bearish correction.
If the price manages to break through the upward channel line, it can be assumed that it will continue the main trend, which is bullish
I think this will be a starting point for an uptrend.
Hello traders, I think coin doge will make a new trand.
USD/CHF Timeframe 1 week
wait for the break out
wait for the price to touch the buy confirmation line
Double zigzag WXY
Corrections on LTC/USD the form of triangles, we just have to be patient.
Corrections on BTC/USD the form of triangles, we just have to be patient.
Wait for the confirmation level to sell
I think the AUD / USD currency pair is going to form a zigzag pattern inside wave Y.
GBPUSD form a triangle, we just have to be patient.
Next Wave 3 or C. This works for both up and down trends.