jamiejudgie

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Joined Ireland jamiejudge
Markets Allocation
67 % forex 33 % other
Top Mentioned Symbols
EURUSD 33% | 1 XAUUSD 33% | 1 GBPUSD 33% | 1
jamiejudgie jamiejudgie XAUUSD, 15, Short ,
XAUUSD: Gold in bearish channel
88 0 7
XAUUSD, 15 Short
Gold in bearish channel

After breaking the medium term uptrend to the downside and retesting the trend line, Gold is now in an established bearish channel.

jamiejudgie jamiejudgie GBPUSD, 60, Long ,
GBPUSD: GBPUSD Elliott Wave / Fibonacci price target analysis
109 0 1
GBPUSD, 60 Long
GBPUSD Elliott Wave / Fibonacci price target analysis

As the long term down trend line is broken, there is either a corrective zig-zag pattern or new bullish impulse developing. We have already had one move up (marked a/1) and a corrective channel back down retracing 61.8% of the upward move (marked b/2). Since the a/1 - b/2 downtrend was broken, we are now in either a 'c' wave or a wave 3 of an impulsive move to the ...

jamiejudgie jamiejudgie EURUSD, 240, Short ,
EURUSD: EURUSD 4H Elliott Wave analysis
82 2 3
EURUSD, 240 Short
EURUSD 4H Elliott Wave analysis

The thick green line is a major downtrend, which has been in place since mid May 2014, this constitutes a major resistance level. If it breaks, it would be considered a strong buy signal - currently at 1.1044. This being the case, my wave count would invalidate if the price were to break above the horizontal blue line which is just 28 pips higher (1.10872), as the ...

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