Wait for break of previous structure as a confirmation and wait it to retest around the entry zone
Looking for a confirmation at 61.8 to go long (no confirmation no entry)
Looking for a strong hourly close with a confirmation on a smaller time frame for a long
Waiting for a confimation around the 61.8%. strong hourly close
Euraud broke the 4hour trand line and just retesting and on its way down
completing wave A and theres still about 200+ pips to get out of this long position.
EURUSD is in a abcde wave formation and is on its way to completing wave e.
GBPCHf just completed wave A in the elliott wave sequence and now by the looks of the rsi it should be coming down for wave B and than up to wave c to come up to the 200sma in the next couple of days/weeks
GBPUSD is on its C corrective wave and has not yet been complete giving us an opportunity to make 150+ pips.
We can look to sell gbpjpy since it just finished the 3rd wave of elliot waves at 1.618 retracement of wave 1, and now where looking for wave 4 to complete above the top of wave one and 65 sma. Any comments??