NZDUSD has a 5-wave trend which seems to like stop soon. This would be an opportunity for it to turnover for a 150 pips new uptrend wave. LESS IS MORE!
USDJPY could start its super correct wave on current position. Its looking north for a 382-618 corrective wave after a 5-wave down trend. More down will come after the 2nd corrective wave. LESS IS MORE!
EURJPY is on a possible end D of a harmonic , which is also a possible fibo 618 position. Just check the red zone where prices retest it so many times on the left. Its got lots of reasons for buyers. But still ,we are waiting for a confirmed signal to open the long trade on daily chart' new swing. LESS IS MORE!
AUDUSD is waiting a bull signal for both Harmonic C for a possibility of 100 pips. It needs price to break the red trend line first. Less is more!
NZDUSD is having a trend with 5 waves which looks would be ending soon. RSI div. Now just wait for a daily signal to confirm and set up a trade for our signal subscribers. LESS IS MORE!
NZDJPY is stopping dropping above the green support zone where could be the end of wave 5. We are waiting for a possible correction up to make 100 pips. LESS IS MORE!
XAUUSD just broke the blue trend line on this Monday. Right now its not a good idea to open a position to long gold because on 4h chart, price just hit the first red wave' extension Fibonacci 1.618 where price could drop down for a correction. Assuming price is heading up to make a new high like 1320-1340, it should correct for a higher low before making that...
USOIL is forming a head by a sideways movement. It probably will retest the last high of the uptrend . Nothing is for sure right now but a bull signal is probably good for buyers who want to trade on daily chart this week. LESS IS MORE!
CADCHF has a big pic showing us clear down to the south. The red double top has strong resistance pressure. And price do drop down again fro there. Both Fibo are guiding it down to a position around 0.70. Still has 480 pips from now. Keep it longer you will get more profit. LESS IS MORE!
NZDUSD has show us some sign of bull signal after making a 5-wave trend from the bear top in the last 2 months. This is a possibility of reversal on a harmonic D too, looking for 110-150 pips up for its 1st wave. LESS IS MORE!
USDCAD is on its new start of 3rd wave after ending 5th yellow wave. This is an assumed 3rd wave of the 1st big purple impulse wave down for 850 pips. LESS IS MORE!
GBPNZD has a bear signal on weekly chart which now is assumed as a reflection point on the channel. This is a possible corrective wave with 500-800 pips. LESS IS MORE!
There is an assumption that the 3rd wave has not finished yet. So gold could probably drop down again beneath the trend line to make a 5th impulse wave of the 3rd wave to test 1250. On weekly chart, gold has struggled beneath the blue trend line which make a sideways box for us to follow probably, meaning price could go up to test 1300 or go down to test 1250...
EURUSD probably on its triangle corrective right now waiting for a direction which I assume more prefer to down. This is a corrective wave end time which could send it down to 1.100 probably. LESS IS MORE!
They are not going to the same direction , guys!
Check 5 types of corrective wave here Gold just finished a ABC corrective wave inside the channel as its 4th wave and now seems like a new 5th wave is ongoing , targeting 1250-1200. LESS IS MORE!
Five types of corrective wave that you should aware when using wave theory to trade. Good luck! Less is more!
I think I have marked this pressure zone several time. This is a opportunity to sell USDJPY on weekly chart for a possibility of 200 pips which I made 16 pips profit with my target 2 sent to my subscribers. This light blue channel was what I thought would help UJ make a new high again but it did not. We keep our short trade on UJ which has 1/4 size left...