Time for price reversal.
Same type of formation occurring.
NZDUSD Short Trade
Final wave push to complete the rising wedge formation in exchange for a nice short.
Good buy opportunity
Happy Pipping !
Wave structure analysis.
Lets see how the market reacts
Facebook may be setting up for end of the year fix.
Elliot wave in action
USDCAD is in an ascending triangle formation on the daily chart.
On the 4H Chart price will most likely move down to the 1.29000 level which will determine the breakout movement.
Price is creating a good structure for a nice bull move after the ascending triangle has formed.
Price has been wacky for GU. Now we can see the bigger picture. Trendline is being used as a dynamic resistance and one more move up to touch such resistance will confirm its move down to key level support.