Thato_fibstar

Thato_fibstar

USDJPY broke out with a strong impulse to the upside and we waiting a little retracement to confirm our bullish move

Thato_fibstar

EURGBP is retesting the broken downtrend after completing a bullish correction ABC on H4

Thato_fibstar

USDCHF has been falling for some time now and traders believe that this is not yet the end, asa result we are expecting more drop in price according to our technical sentiment. Currently the market reacted from the downtrend with a strong impulse and formed and complete regular flat correction structure. This setup points to more downfall of USDCHF prices. For...

Thato_fibstar

EURGBP after the third impulse wave is currently in the correction phase. The market is likely to retrace to 3802-50% of wave 3 according to elliot wave and fibonacci levels. Traders are closely paying attention to this price area

Thato_fibstar

AUDJPY has broke out of a barrier triangle structure and retesting it currently.

Thato_fibstar

EURUSD is currently reacting to the monthly downtrend. As a result we are expecting more sellers to step in and push the price lower. We also have the 5th wave which demonstrate a trend reversal.

Thato_fibstar

This a special type of motive wave which appears as subdivision of wave 1 in an impulse or subdivision of wave A in a zigzag.

Thato_fibstar

EURUSD is setting up for bullish move after printing out a nice triangle correction structure on wave 4

Thato_fibstar

EURUSD has printed out a bearish harmonic gartley pattern coinciding with an abc corrective wave. Traders are expecting prices to drop

Thato_fibstar

USDCAD is currently forming the last leg of the corrective structure to the downside to complete the structure see from a weekly chart. If anything traders are only interested in selling USDCAD

Thato_fibstar

EURGBP is setting up for a reversal to the upside

Thato_fibstar

EURGBP setting up for a reversal to the upside

Thato_fibstar

NASDAQ just completed wave 4 of the 5-wave impulse. Price is testing support trend line. Market also in an uptrend. As such traders are of the belief that the price will rally up to com [plete the 5-wave impulse.

Thato_fibstar

GBPJPY just completed a leading diagonal and now setting up for a corrective wave, after an aggressive bounce from a weekly support area. Traders can take advantage of the corrective wave before buying when the correction completes.

Thato_fibstar

USDCAD just completed the X-leg and now setting up for a reversal to the downside to form the Y leg to complete the whole structure of wxy. Watch for price action on smaller time frame for a short position(SELL)

Thato_fibstar

watch for price action on smaller time frames

Thato_fibstar

USDCAD is seemingly in the process of forming a bigger flat correction pattern observed from a monthly chart. If anything, traders will be looking to sell the C-leg of the corrective structure

Thato_fibstar

USoil is setting up for a reversal after making it to our significant level of support of the triangle structure. Traders will be looking at smaller time frames for price action to buy Oil. Technical analysis allows you to keep calm during economic downturns. The charts and price are something you can trust at all times, because all traders worldwide see the same...