I think GBPAUD can go up a little more before another big down impulse.
USDCAD could start a down move after this corrective wave is over. It's a nice r/r trade. Don't sell because I sell. Trade based on your own strategy
looks like gbpaud is in a correction after an impulse wave. I think it is getting ready for wave 3
Looks like USDCHF is in correction after a breakout to the downside. Wait for a new sell opportunity. I think it will go up a little more before the next big down move.
could be an ABC or an ABCDE corrective wave. In that case, we are looking for a LONG position upcoming weeks. Don't blindly trade based on my charts without knowing why or how..
long term EURUSD elliot wave analysis.. what do you guys think?
To me, it looks like the end of wave 4 / the end of a long corrective structure.
(btw I don't have a lot of experience analysing elliott waves so... :D )