farid_ardavani

I'm looking to short USDJPY, to catch the C wave

Weekly direction. You should have a plan to put trades in the direction

This is a 4h move to complete an ABC pattern; Take advantage of long-opportunities in lower timeframes

This just the direction I'm looking for. Trading it from first move to last move, when to enter and when to exit are other stories..

Just be prepared for sideways moves, pullback or some kind of correction. I have no idea how much this trend can continue to the upside, but I'm sure this will pause in near future; so I'm preparing myself for that. This does not mean that I won't trade to the upside, if I see a trade setup for upside, I will definitely put order, but I will take profit ASAP.

this is a daily view of GBPCAD.

This is a very long term trade, its more investing than trading. A wave, B wave seems to be completed, divergence and waiting for C wave to unfold.

2 possible ways in which EURCAD can develop I am interested in down move.

Waiting for this sell set-up for a long time.. I hope this time it goes down without any stop.. Wait for confirmation..

I'm waiting for buy set-up upcoming wave to the upside will be an impulsive one

impulse correction impulse

sell setup to catch C-wave of daily flat this is a long term trade, it means you have to be patient enough to take the best profit you can. just look at how much time does it take to form A-wave and B-wave; 158 days and 245 days. i don't know how much time does it takes to complete C-wave, but it would be something like A and B waves.

this is a long term trade better to wait for an impulse and correction in lower TF to enter the trade

i think price is going for last move to upside in this corrective move; you can also look for short term buys to 618..

buy after breakout

correction seems to be ended, although there is possibility for continuation of corrective structure and make a WXYXZ structure

its in the daily structure, possible daily double flat correction break even if it does not move fast, because there is high probability for one more wave to down before upside

Almost every GBP pair doing same setups for long side. but if it goes, GBPCHF will be more profitable because of its pip value and structure. Always wait for some kind of confirmation in price action if you are a conservative trader.