Reward2Risk

Reward2Risk

With Dollar Index the possibility of potential upside fade is looming. This would mean it's a dual fade pattern which is a pattern to confuse and strike. Should 105 halt the advance of DXY then I'm looking for green Y on the larger fractal pattern. This would mean a sizeable decline but not with the same momentum as the earlier impulsive move to green W. For...

Reward2Risk

AUDSGD has continued to weaken and has now retraced the prior bullish impulsive leg by almost 78.6%. I'm looking for a potential halt to the decline circa 86200/86300. I will be looking for reversal setups in the zone. The trending indicator on the chart is now flagging multiple positive divergence, however that is not a signal in of itself. Only price can...

Reward2Risk

Recently the AUDRUB lost 8.3 % in one week and closed below 60 for that week. This last week saw AUDRUB close back above 60 but the attempt to regain that lost territory is less then convincing. From a purely technical perspective any follow through below 59.15 could see the pair making a probe lower to 50 at the least. The coming week or two could set the...

04:28

Reward2Risk

DXY - I am proposing a short term wave cycle for DXY in the video. I also discuss another possible wave count that is controversial on a larger degree from 2008. SP500 - I will give a view on the significance of the 4500 and 4200 levels

03:31

Reward2Risk

There are two alternatives shown in this video One is an Impulsive structure The other a corrective structure I talk about which one I prefer and why

03:51

Reward2Risk

The earlier model discussed in my previous model has yet to be eliminated , but what's actually printing out on the chart at present begs discussion and is discussed in this video. The model discussed in the video implies 70 will not be broken and the bearish cycle is complete. The move off the 70 level maybe a Leading Diagonal which when complete would be a...

04:53

Reward2Risk

Aussie took a sharp drop last night and is now dealing with the 72 level. There is economic data coming out at 0100 hrs tomorrow morning my time (AUS), so I will be paying attention to that. The Daily chart for mine is modelling a W - X- Y with C of Y in it's early stages. "IF" true then C=A could find Y circa 67 when complete , which would be an outstanding...

05:04

Reward2Risk

The Daily Chart is suggesting further downside PA The cycle from the top is in three , A-B-C . The C typically is in five and break of support may be pending to trade lower for the end of trend (EOT). There are two targets lower both offering appealing R:R potential for an upside trade .

Reward2Risk Updated 

XAUUSD has surprised some market participants over recent hours with a sharp unabated decline to circa 1850 . However despite the kickback at 1850 it now faces prior support circa 1870 in what could develop into Resistance. Wave Structure - Corrective W-X-Y from Wave 3 With X printed I am anticipating a 3 wave movement to Y and the completion of...

02:24

Reward2Risk

With what could be wave 3 in place GBPJPY is now retracing. Price should hold circa red 4 of less one degree. Any significant move below red 4 would cause concern and the alternative count to be considered in that the movement is A B C corrective. The base channel was breached quite easily and I suspect that we traded a third wave thus offering a pending...

05:01

Reward2Risk Updated 

This stock was once a "Fallen Angel " and as you will see it has been resurrected. The stock has demonstrated the ability to break above long term Resistance as it has recently done so and traders took profits allowing it to fall back to the "Safe Spot" circa 30 cents only to be repurchased once again. For those understanding Wave Analysis, it can be argued a ...

01:54

Reward2Risk Updated 

See the video for my view

03:43

Reward2Risk

Discussing the 5min and 1hr timeframes and laying out both a "possible" roadmap and the way that map can be navigated .....

05:50

Reward2Risk

in this video, I discuss the recent uptrend toward 3000 and give my opinion on what is occurring

04:07

Reward2Risk Updated 

See video

03:46

Reward2Risk

This video is an update to the previous videos on Bitcoin in real-time. It's simply my perspective on BTC and what I need to see before entering long .

01:47

Reward2Risk

Watch the video for my view

05:33

Reward2Risk Updated 

Talking about the wave situation on GBPUSD and using price to bring some objectivity into the world of subjectivity. In doing so staying the right side of the market or out of the market if need be.