The pair is in overall down trend on daily chart. waiting for the wave completion to go short.
price has broken out from could and leveled once, there is a strong resistance there ,lets see if it can break out
shorting this one with a tight stop
Sell signal by ichimoku, take a look at my previous elliot wave analysis on this pair too.
ichimoku cloud getting thinner,means support getting weaker. it may go down even further. for now next s/r is our target
After the ZigZag wave completion we'll probably witness an impulse upwards and then it falls again. If not another correction wave will appear. Lets see
Looking for the price action in the blue rectangle area, where there is resistance level.
watching this for upcoming week, going long if I get the signal.
Remember the nice elliot wave we've got on this pair long time ago? Now I started to see another impulsive move up as wave C (of course if its possible for wave 'a' to exceed leg 4). please correct me if I'm wrong The ichimuko 4hour time frame already shows the sign to buy.
Waiting for the correction to end to go short. It already hit 23.6 fib level, it may continues to 38.2 fib level then falls.
Ichimoku says you've still got time to sell, look for an entry on 1h chart
Ichimoku says you've still got time to sell, look for an entry in 1h chart