InsideMarket

InsideMarket

Update: 50 pips loss. __________________________ The prices almost touched the estimated target based on my previous analysis. It made a ABC correction and it feels like a begining of a 5 waves down (possible a ending diagonal) to the $1.076 area.

InsideMarket

No selling until further notice.

InsideMarket

Update: At first I said the Gartley pattern was a Bat pattern. I corrected it. Also, The Gartley pattern MAY BE a Butterfly pattern. This would invalid the whole analysis, even the Elliott ABC derived for the last impulse (the blue arrow). ___________________ Following the Elliott correction of the previous impulse, it is possible the development of a Gartley...

InsideMarket

UPDATE: Trade closed with profit. __________________ I am tracking this consolidation and I expect this is a X leg, which would lead the prices to downward momentum for the next couple of days. My entry is very conservative, just what I am willing to pay. In fact, I am on Elliott waves and this suggested channel. The cypher pattern is just an addition to my case.

InsideMarket

This pair is short-term sighted. I tried to describe what is going on (follow the steps in chart) and what I would expect from my trading view. Possibly I would have traded the main breakout (in orange). Hope someone find this useful. If so, share a LIKE.

InsideMarket

I am expecting two different scenarios so far for engage a trade. Let's oversee the process.

InsideMarket

This analysis sets some parameters for a closer look at lower time-frames.

InsideMarket

UPDATE: trade closed in break-even. _______________ Putting stops @ BREAKING EVEN.

InsideMarket

Inspired by the analysis of Anil Mangal, I made my own. Therefore, I started to see 'thing' that could give you some clues. Or just left you clueless. For any trade purpose, stick to your rules of engagement. Happy trading.

InsideMarket

POSSIBLE FIFTH WAVE OF A 'C' WAVE OF A FLAT. (wow!) I have identified this huge flat configuration. It is a common pattern of Elliott's theory and allows to expect a uptrend move @ lower timeframes.

InsideMarket

The trade is going fine. Here I forecast 2 possible scenarios based on what happened until now. The first one aims my target, the second is a bullish reversal configuration that would jeopardize the trade.

InsideMarket

Not sure if there is weakness in pound or the dollar is being highly appreciated.

InsideMarket

Oh, yeah! I am doing analysis of indexes. This is my first attempt. I'm specialized in forex, so it is trickier for me to analyze index and its short-term approach. Any suggestions, feel free to contact me.

InsideMarket

Daily chart.

InsideMarket

Oh, yeah! It would be pretty sweet. Let shall see what happen. :-) Follow me for updates.

InsideMarket

I guess it will be a trend continuation after days in consolidation. I am assuming that the consolidation is already broke and the retracement is a opportunity to hope on the trend.

InsideMarket

It took me a while to decipher what is happening. You can follow my analysis process by clicking my related ideas below. Happy trading!

InsideMarket

UPDATE: this trade was cancelled without trigger the orders. ________________________________ I am trying to get short at Euro/Dollar with quite amount of caution. The 'agreekment' could trigger some unexpected euphoria, so...the higher risk/reward is the better.