Hey Folks, We had a nice sharp move up and it seems to be a 3 wave correction going on. The idea is simple, the third corrective move is going on so watch for a fast reversal, then a flag to sell and we can even hold a trade towards to the end of the arrows, making a complete ABC correction from the impulse. IMPORTANT: If we do not get a fast reversal and...
Hey guys, We had a big impulse down and now analyzing the corrective structure. I've used help of a harmonic pattern; however, we need to get the final confirmations to sell. I would wait for the market to brake trendline and then look for a flag to sell. Carlos
Hi Traders, I wanted to share this Re-Analysis of a past idea I published. If you want to check it out the past idea is linked to this one. We are still analyzing the corrective structure. In a first beginning it looked like a converging flag and we expected a move up but it went out of structure and now we can identify perfectly that we are getting a corrective...
Hey Guys, We are on the long term trade already, saved with the stoploss to brake even, so we don't worry about that one anymore, we just let it work. Now we are finally getting a new buy setup. Trade the breakout of the flag and you can look for a nice trade to the upside. Our goals is still to break the whole structure (Green lines) and keep the trade. There...
Hey traders, I linked my previous analysis on USDCHF in this idea published so you see the full idea. By now we are getting uptrend impulses so my next trade is a buy; however, if market starts making an ending diagonal pattern I will plan a sell at the breakout. Carlos
Hey traders, We have a nice ending diagonal which can turn into a great short position. I think there's still a move up inside the structure however it could break soon. No matter what it does, trade the breakout! Carlos
Hey Guys, I already posted a chart on XAUUSD recently. Here's just an update of the same analysis and my view on 1H chart. Gold did not brake the main structure to go downtrend, it broke the buy set up with a charp impulse. No we are having a corrective structure that will probably develop into another similar impulse to reach upper trendline. My forecast is...
Hey guys, I pretty much shared all the info in "callouts". The trade I am looking for is the big sell towards to the low of the main structure. However, if we get a new red move up I will trade it as well. Carlos
Hey guys, We are still analyzing EURJPY. I shared a Daily view on this pair and it is linked to this one here. You can see it attached below. The flag we are willing to trade could be an almost perfect 5 wave structure as you see in this chart. Now it is all about being patient. In the next flag formation we will enter the trade. As you see we did a short term...
Hi traders, Planing different trades this week! I see a nice buy set up in EURCAD I think we have a clear structure in both 1H and 4H charts, looks like a triangle correction from a past impulse. We had 4 moves already so the fifth move is likely to happen due to the formation of a flag. If we trade the breaout of the flag we will have the chance of a 140 pip...
Hey traders, Simple idea here. Nice flag forming up for a buy. We may get a few uptrend moves this week and maybe even the next one. Carlos
Hey Guys, Pretty much like EURUSD. We have a corrective structure converging and it is definitely going to brake uptrend. There is still a possibility of a last move down but my trade is the buy. If it brakes structure and makes a flag...good time to buy! Carlos
Hey guys, I have been posting charts on this pair but this is the last one I will post for Buys. We are probably having an ABC structure after a sharp impulse. Maybe this ABC could turn into a more complex correction but by now I bet it is making a Flat ABC. I am expecting it to brake the low and reverse somewhere between 1.2410 and 1.2339, then I will trade...
Hey Traders, I already shared a trading idea in GBPUSD that turned out in a nice trade, take profit reached. Now we are planing a new entry for a long position. This time I am more concerned on the idea because we had a breakout of the structure but no clear set ups. I drew what would be my last confirmation to enter. If it makes that exact blue pattern then I...
Hey Traders, I brought this idea to my mates in the team. We are going to get a breakout in EURUSD I have been monitoring this corrective structure since the end of December, and it looks like a Leading Diagonal, could break into a slow downtrend move, I don't think it will be a sharp move. Gold seems to be dropping from the corrective structure it's broken...
Hey guys, Here's a perfect chance to make some pips on a short position. 5th wave extension turned into an ending diagonal. I expect one more move up at least in the structure and then a brakeout downtrend until the support level aligned with the end of 4th wave. Carlos
Hey folks, I wanted to share this idea on GBPUSD. After a sharp impulse I am sure we had an ABC correction and a new impulse is going to develop. Target is the -0.27 of the fibo. Trade the breakout and you can get a nice 170 pip profit. Carlos
Hey Traders, As simply as this. We are gonna trade the breakout of this flag. But we are already in the trade from way below. I would not miss it! Carlos