jaco.fin

Message Follow Following Unfollow
Joined South Africa
The easiest thing to do is prepare. If you don’t, on behalf of the other market participants, we thank you.
Markets Allocation
86 % forex 14 % other
Top Mentioned Symbols
GBPUSD 71% | 5 USOIL 14% | 1 AUDCAD 14% | 1
jaco.fin jaco.fin GBPUSD, 15, Short ,
GBPUSD: GBPUSD Short term down
94 0 3
GBPUSD, 15 Short
GBPUSD Short term down

Looking at a quick trade down before the weekend.

jaco.fin jaco.fin GBPUSD, 60, Long ,
GBPUSD: GBPUSD Breaking Structure and waiting for that flag
74 0 5
GBPUSD, 60 Long
GBPUSD Breaking Structure and waiting for that flag

Breaking up the contracting triangle, I am seeing more clearly how this complex structure developed. I am looking at the last impulse up as the (W)-wave with the correction making a (X)-wave down, the (Y)-wave making its own structure that then broke the triangle (but not yet completed the (Y)-wave. This does not mean blindly entering a trade on the breakout, ...

jaco.fin jaco.fin GBPUSD, 60,
GBPUSD: GBPUSD Contracting Triangle
55 0 3
GBPUSD, 60
GBPUSD Contracting Triangle

My analysis shows me that if we look at the last impulse down (arrow down) we started the correction that looked like a typical w-x-y-x-z correction, but now it seems to be making a more complex structure that is starting to look like an contracting triangle. Personally my bias is to look for one more drop, but the market has a mind of its own, so I only trade ...

jaco.fin jaco.fin GBPUSD, 60, Short ,
GBPUSD: GBPUSD FIB for down move
125 0 4
GBPUSD, 60 Short
GBPUSD FIB for down move

Entry order placed for the SHORT @ the 61.8% FIB. Risk Reward ratio of 1:4

jaco.fin jaco.fin GBPUSD, 60, Short ,
GBPUSD: GBPUSD z-wave down to complete the corrective structure
87 1 3
GBPUSD, 60 Short
GBPUSD z-wave down to complete the corrective structure

Looking at potential down move breaking the low of the y-wave to complete an w-x-y-x-z corrective structure, this will complete a C wave on a higher degree and a B wave on a next higher degree. I believe as soon as price breaks the low of the y-wave, this will create a sharp and big move up.

jaco.fin jaco.fin AUDCAD, W,
AUDCAD: AUDCAD
34 0 3
AUDCAD, W
AUDCAD

waves

jaco.fin jaco.fin USOIL, M,
USOIL: OIL Wave structure
59 0 0
USOIL, M
OIL Wave structure

OIL

Last visit
0
0
0
Message Follow Following Unfollow
Last visit
0
1
21
Message Follow Following Unfollow
Last visit
1920
328
21232
Message Follow Following Unfollow
Last visit
2619
349
11666
Message Follow Following Unfollow
Last visit United Kingdom
6752
293
49348
Message Follow Following Unfollow
Last visit
2
0
10
Message Follow Following Unfollow
Last visit IRAN.Tehran
334
61
2579
Message Follow Following Unfollow
Last visit
2
0
10
Message Follow Following Unfollow
Last visit
14899
4056
131651
Message Follow Following Unfollow
User follows nobody
User has no following symbols
Market
Browse
Type
Browse
United States
United Kingdom
India
Deutschland
France
España
Italia
Polska
Türkiye
Россия
Brasil
Indonesia
Malaysia
Việt Nam
日本
한국
简体
繁體
Home Stock Screener Forex Signal Finder Cryptocurrency Signal Finder Economic Calendar How It Works Chart Features House Rules Moderators Website & Broker Solutions Widgets Stock Charting Library Feature Request Blog & News FAQ Help & Wiki Twitter
Profile Profile Settings Account and Billing My Support Tickets Priority Support Contact Support Ideas Published Followers Following Private Messages Chat Sign Out