I think that the AUDJPY is currently in an ABC correction so selling the C leg seems like a good idea.
My bias for AUDCAD is bullish for the moment. We are currently in a correction after an impulse so buying the breakout of the correction is a good idea. I think AUDCAD may move higher than the 1.618 level but let's take it step by step.
WAL-MART has completed an impulsive wave and is now in a correction. Selling the breakout of the B wave is a good idea.
GBPNZD has made a strong up move and it is now in a correction so buying the breakout is a good idea.
Selling the next bearish breakout looks like a good idea.
Looks like a good one.
The 1.272 level looks like a good one to take profits.
You can set stops to breakeven when price reaches 0.236 retracement level.
macd divergence + reversal pattern = long
Hi guys, I am expecting a last move up in the current consolidation to complete the fifth wave then I'll be looking for the breakout to the downside to complete the b leg of the correction of the impulse then upside to complete the c leg.
EURGBP is in an uptrend on the weekly and there's a convergence in the correction so I'm looking to buy.
We are near a low area on the daily time frame and we are seeing a macd divergence and a reversal pattern. All this means to long at the breakout.
target is at the support.
We are in the bottom of a channel so buying at a counter trend line breakout looks like a good idea.