RKchartest

RKchartest

The NZD could be correcting to make wave 2 or this could be X for a double ZigZag. Thoughts anyone?

RKchartest

EUR could be at the top of a Larger Wave 3. If this is the case we could start to look for a correction. This will also be useful to know to help predict any trend changes is the EUR cross pairs.

RKchartest

Heres a wave study I put together for a response to another post. I used the Elliot rules the best I could to predict this chart accurately. I am still studying the theory so I'm open to suggestions.

RKchartest

Heres a wave study I put together for a response to another post. I used the Elliot rules the best I could to predict this chart accurately. I am still studying the theory so I'm open to suggestions.

RKchartest

NZD/USD is showing indecision . A close below blue line will open price to head lower. A close above 100% line could lead price to the 127.20 extension.

RKchartest

AUD/JPY could be heading lower after hitting retracement levels at the 61.8 fib levels.

RKchartest

NZD/JPY could be starting to retrace to the down side. Fib and heavy resistance area are both in play in this area. Heikin Ashi is currently showing a spinning top for indecision and following red bars to the downside. This signal is not confirmed, but could be an early entry point. Close below blue line will further validate.

RKchartest

EUR/JPY is currently testing support. RSI is heading to the oversold zone dictated by the eclipse on chart. A close below can lead price further down. RSI turns and points up, a channel continuation could follow to the upside.

RKchartest

USD/CAD is inside reversal fib zone. Heikin Ashi starting to show some indecision. A close below blue line could make price open to move lower. If price closes above resistance line, price is open to move higher to upper structure in the 76.4 area or higher.

RKchartest

AUD/USD showing indecision with spinning tops on Heikin Ashi average price. Price broke below a short term resistance level which opens the door for price to go lower.

RKchartest

USD/JPY Showing indecision with spinning tops. Using Heikin Ashi candles to show average price and filter some of the noise from the charts. Close below blue line could show more bias to do the down side to lower structure "box".

RKchartest

EURUSD had a rather sharp sell off. Momentum has slowed and resistance met on the lower time frames. Retracement as indicated on the chart can give the pair what is needed for a move further below.

RKchartest

Cypher could be forming on the GBPJPY. True cypher would need to reach point C then reach point D. Keep an eye on this possible trade. Short at C and long at D