Good Morning, We should now be on the fourth breakout via GBP/USD. I believe the information why I choose for their to be a breakout is thoroughly provided above. Look for confirmation to enter, I also advise you to facilitate this trade on a lower time frame for a better entry. Please execute with your own due diligence. Thanks, Trade Wisely
Good Afternoon, Identified a flag formation via USD/CAD, keep in mind this is a longer term trade, with that being said it requires patients. Expecting price action to rise near plotted resistance level above, then break down (this is a trend continuation trade). Expecting price impulse to be greater than or equal to poll of flag. Look for confirmation to enter,...
Good Afternoon, Price action has been respecting trend line until it broke out earlier this morning. Truly, it didn't breakout, price action is just following a flag formation. We are nearing the completion of this flag based on fibonacci levels. Please note, should price action rise above resistance level and or previous structure high, pattern changes. Execute...
Good Afternoon, Price action highly respects trend line, as it has evidentially rebounded off of it above. We are now on leg E (highest leg with correlation to breakout). Pair will be analyzed as well as broken down to find an entry. Look for confirmation to enter, I also advise you to facilitate this trade on a lower time frame for a better entry. Please execute...
Good Afternoon, Pennant located via AUD/USD, according to Elliot Wave theory (if you trade it), we are on leg D, looking for it to complete thus arriving at leg E. Trade is self explanatory, more detail will be provided when entry is finalized. Execute at your own risk. Enter on lower confirmation Thanks, Trade Wisely
Good Afternoon, Three corrective patterns have been identified via GBP/USD first being a corrective contracting triangle, second being a corrective flag, and lastly the third being a pennant. The two previous correctives fabricated a breakout, expecting this one to do so as well.Enter on lower time frame, and look for confirmation. Execute on your own due...
Good morning, Channel located via EUR/USD, price action respects trend line evidentially as you can see rebounding off of it. Price would be likely to find consolidation near charted resistance and retest trend line lows once more, prior to breaking out. Look for confirmation, and find entry on lower time frame. Execute this trade with your due diligence....
Good Afternoon, Reasons to go short; 1. Price action respects trend line, after testing it three times. (Channel Identified) 2. Previous resistance of structure. 3. Elliot Wave Corrective Wave Leg E = Correlates to trend continuation 4. Bearish Gartley Pattern Wait for breakout, look for confirmation on lower time frame. Execute with your own due diligence....
Good Afternoon, Expecting price action via GBP/JPY to rebound off previous resistance trend line, as it has done before. Trade analysis is above. Enter on lower time frame and look for confirmation. Execute this trade with your own due diligence. Thanks, Trade Weisly
Good Afternoon, Trade is self explanatory. Expecting price action to rebound off support prior to buying - (or continue bullish move). Look for confirmation and enter on lower time frame. Execute with your own due diligence. Thanks, Trade Wisely
Good Morning, Looking to go long via NZD/JPY in the potential reversal zone of 79.283 - 79.178. Zone was choosing for the following reasons: 1. .618 - .500 Fibonacci retirement leg from previous price action 2. Previous structure support/resistance from price action. It is advised that trade should be executed within this area to go long. Enter on lower time...
Good Afternoon, Expecting price action to break from expanding triangle on leg E. Catch the breakout, look for confirmation on lower time frame. Execute this trade with your own due diligence. Thanks, Trade Wisely
Good Morning, Contracting Triangle has been located again via GBP/NZD, given this trade is highly self explanatory. I'm planning on going long once price action breaks trend line resistance. Enter on lower time frame, and as always, execute this trade utilizing your own due diligence. Thanks, Trade Wesley
Good Afternoon, Been waiting quite a while for this set up via CAD/JPY. Price action has created monthly highs, we now are looking for the opportunity to go short. Contracting triangle has been identified; prior to formation of this triangle, the market was bearish, the breakout will also be bearish on leg E (arrows above) - (vice versa for bearish market). A...
Good Afternoon, Simple trade set up, not looking for trend continuation from pervious bullish breakout yesterday. This trade follows a potential corrective wave with a contracting triangle formation. Look for confirmation on lower time frame and short. Execute on your own due diligence. Thanks, Trade Wisely
Good Morning, This is a longer term trade that will take several days, or weeks to become executable. With that being said, GBP/JPY has been caught in a flag continuation pattern. This was previous flag seen before, evidentially lead into a breakout. When trading flag patterns, the impulse leg is normally the length of the poll. To add more confluence to my...
Good Evening, Head shoulders pattern identified via USD/JPY, labeled above. Expecting price to rise to 110.219 before trend continuation. I believe in this area for reversal for four reasons: 1. Price action previous structure/support 2. In confluence with 0.618 retracement 3. 1.272 Fib Extension Level 4. Right Head Catch the breakout Thanks, Trade Wisely
Good Afternoon, I've been monitoring NZD/JPY for quite a while now, price action respects trend line; evidentially rebounded off of this in confluence with .618 retracement level. A flag pattern also has been located, looking for breakout to be equal to or greater than poll. Wait for breakout, enter on your confirmation as well as lower timeframe. Thanks, Trade Wisely