Flag pattern was confirmed. Strong indication AUDUSD is getting down
Heloo guys After I posted USDCAD in couple hours ago, my first option seems USDCAD gonna bullish. but herewith I wanna telling you that my second option about USDCAD is seems there selling chance IF PRICE BREAKOUT 1.39030. So please be careful in USDCAD.
Hello traders, USDCAD today April 6, 2020 looks made TRIANGLE , and I label as wave b Be careful in this pair because correction movement always tricky
After made me little confused, clearly I get something new in my mind, that this pair USDCAD gonna continue down , make complicated correction WXY !! W and X were done. Now price in Y phase, which subwave (a) and (b) were finished on yesterday, so now price willing get down to make impulse correction . In short sentence, PRICE WANT MAKING IRREGULAR FLAT !
USDCAD got shocked last night when news came out, but I'm pretty sure, no matter what news / fundamental will come, this Loonie still going up !
This is the reason why I love using ELLIOT WAVE so much !!! The prove is USDCAD truly flying after hit my prediction area ( 61.8% - 78.6% ). Just see my previous prediction about this pair. Anyway, I already lock my profit. And for now, I wanna go sleep ! Hopefully USDCAD falling down and touch pullback zone ( my buy limit area )
April 2, 2020 Fundamental high impact as you can see on forex factory website is there are 3 things will happening: 1) President Trump speaks 2) Unemployment claims of US Dept Labor 3) Trade balance CAD Well above all actually I do not care so much. However, as Elliottician ( Elliot Wave expert ), I see The Loonie in motive correction phase and there is...
Wow like I said, waiting price breakout and yeah , price was breakout successfully !! I wonder how can this happen but this is result of count elliot wave . No need news! So the option right now is buy when pullback
I will buying USDCHF if it condition : the price breakout the trendline and keep going up.
GBPUSD I have 2 opinions 1) Price willing to do ABCDE pattern as wave B , OR 2) Price want to making wave (c) as last part of wave B Very risk to doing sell So I prefer stay away from this pair
Here my second opinion about NZDUSD which pattern correction can be WXYXZ
ABC will bcoming FLAT CORRECTION ABC. Let them finished and see what happened later. Perhaps it going up
USDJPY in this time, I assume already finish wave B as part irregular flat I expect USDJPY will turning up to reach point extension 161.8% as wave C
30 minutes timeframe, USDJPY buy on pullback
In this time, GBPUSD give me clear picture what exactly the next movement ! In fact, the price continue up because want to reach the wave v on top
Please looking to RSI indicator, which the red signal line already breaking down the trendline! Also ,see the red zone ??>>>>> Maybe you agree with me that red zone is becoming as " Critical Supply Zone ", that means on red zone, the price always get rejection to continue up . The conclusion of me is GBPUSD has reversed direction. ***DISCLAIMER : The above...
Here my third opinion about GBPUSD . That always challenging to counting correction movement. Let make it clear with put additional turqouise trendline color. And we got that price get stuck. Invalidation level above 161.8%.