StephanBurrows

StephanBurrows

USDJPY seems to have created a running flat pattern and headed for one more wave to downside before we get huge bullish move. This will only be confirmed if price keeps its structure and below the impulse. This pattern is on the daily and can form another bigger correction. Please like and comment!

StephanBurrows

On EURUSD we are playing this downside move. anticipating this we need to confirm on lower time frame that structure is being held before we can enter.

StephanBurrows

XAUUSD showing us mixed signals. On the daily we can see gold in a bearish pattern but the 4 hr is consolidation for one more further move to upside! We can play this buy up before we head to downside.

StephanBurrows

GBPJPY has completed is corrective zig zag on a daily time frame. Now we have one way to go...thats up from here.. any consolidation and pull back will warrant longs in this as of now bullish market. Lets be ready!

StephanBurrows

Following the impulse from last year. Its looks like GJ has completed its descending channel and reached its last fib level. WE can now expect further rise from here.

StephanBurrows

This will take years, but this is my overall view and direction on cadjpy. This means that until we hit the bottom of head and shoulders neckline inside the weekly pattern, we should be looking bearish.

StephanBurrows

NZDUSD has potential to make one more move to the highs. We must be patient and wait and see if we can get this bullish momentum. The daily is forming a bullish descending channel signaling end of downtrend.

StephanBurrows

USDCHF i am expecting one more upside move to complete this daily flat pattern.. This weeks we will be able to determine much better whether we are going up for one more wave or just continue down..

StephanBurrows

With a false break below. We can see DXy stalling and giving us a little bullish momentum to end the week. I expect to see this bullish wave play out now!

StephanBurrows

USDCAD correction to downside lok sot be dying out and may be complete. We have entered a low lot size in this pair and will be looking for bullish momemtum.

StephanBurrows

The only way this will play out is if we get a break out and confirmation on the 4hr time frame. WE will see if we get a break out of the descending channel and look for buys and hold

StephanBurrows

USDCAd in squeezing in a descending channel. At some point we will get a impulse to the upside to our upper channel. We need to be ready for this move. If any bearish continuation takes place we will take the sell as well

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StephanBurrows

Lets continue to keep our eyes on gold as we begin to form a tighter descending channel. I would love to see a break out of the inner trend line soon, indicating we are heading to the outer trend line on a lower time frame. This warrants a daily consolidation for further downside.

StephanBurrows

Where will USOIL find support? We are not sure as of yet! but we will keep our positions in as we track here over a period of time!

StephanBurrows

DXY can have one move wave to upside before it begins its descent...DXY has a daily ascending cahnnel signaling that a bearish move is coming. We will watch it closely

StephanBurrows

GBPCAD has finished its move to bottom of structure. However we do have two scenarios now. 1. It can break and continue. or it can bounce impulsively form a flag and continue to the highs before we get our move down Either of these can happen. we just need to watch it and closely for the next move! I am more inclined for one more move up before we head down!

StephanBurrows

USDJPY in a descending channel. We can be creating a channel for one more move to the upside, or creating a channel for one more move to downside. Lets take a look

StephanBurrows

EURNZD pattern on the daily timeframe is becoming more and more clearer by the day. WE can now wee a corrective phase on the daily coming into play. We are now looking for any buy set ups on the lower time frame to continue higher.