TheAlaskanTrader

TheAlaskanTrader

AUDUSD is approaching and area where I think it will be reverse into an A-B-C Correction. There should be a confluence between a major descending trendline line and also the .786 Fib Extension from Wave 3.

TheAlaskanTrader

My analysis of EU. Not trading this pair currently but let me know what you think.

TheAlaskanTrader

I think if this is a valid Elliot Wave then we should still be in Wave 3, with price possibly reaching 79.00 area. Also it appears there is a Head and Shoulders pattern, which would signify a trend reversal. I'm posting this trade for my records to keep track of my Elliot Wave ideas. If you see a problem with this trade please leave a comment! Thanks!

TheAlaskanTrader

GJ appears to still be in Wave 3 and is at 139.00 support. I think this would be a good place to buy with a target of 144.00.

TheAlaskanTrader

Posting this trade for my records as I am currently working on studying Elliot Wave. I think AU may rise from here since it appears we are approaching the end of the 4th wave. I think 5th wave will go until it hits the .692 area, after that it could begin ABC retracement. Let me know what you think, I appreciate constructive criticism.

TheAlaskanTrader

Cypher pattern on NZDCHF.

TheAlaskanTrader

TOP CHANNEL RESISTANCE + .786 FIB RETRACEMENT. GOOD JOBS REPORT BUT FED WILL STILL CUT RATES.

TheAlaskanTrader

See chart. May be time to go long on aussie dollar. Look for a breakout.

TheAlaskanTrader

Price is still ranging at .618 Fib. Could drop from here or make one more push the .786 level. Thoughts?

TheAlaskanTrader

SHORT IDEA FOR AJ. SEE CHART.

TheAlaskanTrader

SELL ON BREAK AND CLOSE BELOW TRENDLINE.

TheAlaskanTrader

LOOKING FOR NEXT SHORT OPPORTUNITY. SHOULD SEE PULLBACK, RSI FAIRLY OVERSOLD AT THIS POINT.

TheAlaskanTrader

POSSIBLE SHORT ON USDCHF. SEE CHART.

TheAlaskanTrader

Possible retracement before heading south.

TheAlaskanTrader

GU is at upward trendline and sitting on 61.8 FIB. Low risk buy in my opinion, small loss if trendline is broken, but nice profits if it bounces off. Look at chart. Big Brexit news week ahead so take that into account, I'm only looking from a technical view. Also no price action confirmation as of yet. Would be nice to see a gap up on opening. What you think?

TheAlaskanTrader

JPN225 at .50% Fib level and near top of downward channel, also still below 200 day average.

TheAlaskanTrader

Look for re-test of .50 Fib, if it reaches this point I'll be shorting with some price action confirmation. Check chart.

TheAlaskanTrader

A bullish hammer is forming with the trend, appears any lower prices are being rejected. My first TP (83.00) is within reach but may not be reached today. I think next week we will see price breakthrough the immediate resistance at 83.00 area and head higher, hopefully it will retest that 83.00 level and with price action confirmation I will enter a new long...