WicktatorFX

WicktatorFX Updated 

Similarly to AUDJPY, we have a corrective break for NZDJPY. Price failed to break a significant level after the break of trendline and as a result, we have a correction. The only difference to AUDJPY is that this pair is creating an ABCDE ascending correction whereas AUDJPY is making an ABC correction. See lower timeframe chart below for information on how to...

WicktatorFX Updated 

AUDJPY broke out of the major ascending trendline but failed to break a significant level which is why this is a corrective break. After the break of trendline, we are now in an ABC correction and almost at the completion of wave C. See chart update for lower timeframe analysis. Goodluck and trade safe!

WicktatorFX Updated 

AUDJPY broke out of the major ascending trendline but failed to break a significant level which is why this is a corrective break. After the break of trendline, we are now in an ABC correction and almost at the completion of wave C. See chart update for lower timeframe analysis. Goodluck and trade safe!

WicktatorFX Updated 

Following last weeks analysis on Gold, price is reaching the outer trendline where we thought price may go to if it didn't reverse during NFP. The safest way to enter would be to watch for an ascending correction leading to the trendline. Entry would be on break of the correction with stops above the trendline. See chart update for lower timeframe...

WicktatorFX Updated 

Following last weeks analysis on Gold, price is reaching the outer trendline where we thought price may go to if it didn't reverse during NFP. The safest way to enter would be to watch for an ascending correction leading to the trendline. Entry would be on break of the correction with stops above the trendline. See chart update for lower timeframe...

WicktatorFX

ADA looks to be on the third wave of the bull run. Looking to see how price reacts on the minor trendline for a move higher. If we don't get a bounce, watch for the major ascending trendline support. Goodluck and Trade safe!

WicktatorFX

ADA looks to be on the third wave of the bull run. Looking to see how price reacts on the minor trendline for a move higher. If we don't get a bounce, watch for the major ascending trendline support. Goodluck and Trade safe!

WicktatorFX Updated 

From the chart you can see that price is approaching a high value area where we can look for shorts - Parallel channel resistance and Ascending wedge resistance. On the smaller timeframe, wait for the ABC impulse to breakdown before entering for a safe entry. See chart below for more information. Goodluck and trade safe!

WicktatorFX Updated 

From the chart you can see that price is approaching a high value area where we can look for shorts - Parallel channel resistance and Ascending wedge resistance. On the smaller timeframe, wait for the ABC impulse to breakdown before entering for a safe entry. See chart below for more information. Goodluck and trade safe!

WicktatorFX Updated 

Watch gold during NFP and the USD news. We are anticipating USD strength which would mean gold will come down. See chart update for smaller timeframe analysis.

WicktatorFX Updated 

A break up for DXY would be the catalyst for many of our set ups such as EURUSD, NZDUSD, GBPUSD and USDCAD. Wait for the descending trendline to break before confirming shorts for the related pairs. Goodluck and trade safe!

WicktatorFX Updated 

A break up for DXY would be the catalyst for many of our set ups such as EURUSD, NZDUSD, GBPUSD and USDCAD. Wait for the descending trendline to break before confirming shorts for the related pairs. Goodluck and trade safe!

WicktatorFX Updated 

Watch gold during NFP and the USD news. We are anticipating USD strength which would mean gold will come down. See chart update for smaller timeframe analysis.

WicktatorFX

Similarly to USDCAD, we are expecting a reversal from GBPCAD. Watching the bottom for buying pressure to take this. good indication that it may reverse is that we've seen an impulse-correction-impulse leading to our area of interest. This suggests that the next move will either be a major bullish impulse OR a bullish correction. Either way, we can gain a clean...

WicktatorFX

Similarly to USDCAD, we are expecting a reversal from GBPCAD. Watching the bottom for buying pressure to take this. good indication that it may reverse is that we've seen an impulse-correction-impulse leading to our area of interest. This suggests that the next move will either be a major bullish impulse OR a bullish correction. Either way, we can gain a clean...

WicktatorFX Updated 

From our previous analysis, we had to step back and separate which part was an impulse and correction and label correctly to identify where we have the highest probability of taking a trade. As you can see from the chart, we are approaching the end of the C wave (1.206) where we will be looking for buying pressure. If we copy the length of the first Major...

WicktatorFX Updated 

From our previous analysis, we had to step back and separate which part was an impulse and correction and label correctly to identify where we have the highest probability of taking a trade. As you can see from the chart, we are approaching the end of the C wave (1.206) where we will be looking for buying pressure. If we copy the length of the first Major...

WicktatorFX

As per the educational post posted recently, we have now a corrective break as price failed to break the key level. As a result, price created a complex correction. We are now looking for the correction to break and get in on the next big impulse! See linked chart for the education post regarding impulsive and corrective breaks. Goodluck and Trade Safe!