as you can see macd is showing divergence. and is possible that price is making an abcde wedge. so if the price break down i will be selling the D wave and then if it bounce at the trend line i will be buying, but if not, i will wait for the break out of the wedge an a confirmation of falling down. what do you think about?
price is making a corrective structure. this structure could be the one we want in order to take the short and let it run. i think the must possible thing is that the structure keep developing today and it will be finished by the next week. but anyways it could break out today. so keep an eye on it and do not miss the break out, no matter if it breaks today...
as you can see nzdjpy made an aggressive down impulse and last couple of weeks price has been correcting. find your breakout in lower time frame and dont miss this one!
buy the E point with a stop below the 38% or buy the break out, depend of the risk you wanna take. what do you think?
i will be selling the break out. what do you think??
sell the break out. the chart says everything. what do you think about??
as you can see price has been going down. macd is showing divergence and we have a falling wedge. by what the chart is telling me. i will buy and put a stop just below the support of the corrective structure (bugger picture). this trade will be valid as long as price does not break the wedge by the down side. if this happen i will be posting a new trade set up.
if trade WTI, this could be a really good trade. as you can see we have a falling wedge. macd is showing divergence right in the period of the wedge and also since 20 days ago. price could keep making the wedge. so if price break up side, i will be buying oil. if this trade goes good, put break even when price just go through 48.5. and took half of your...
I HAVE BEEN FOLLOWING THIS PAIR. AS YOU CAN SEE I JUST COUNT THE WAVES, AND I THINK PRICE IS MAKING A CORRECTIVE ABCDE TRIANGLE. IF I AM RIGHT, PRICE WILL MAKE A HUGE MOVE AND THE END OF THE E WAVE. THATS THE ONE WE WANNA RIDE. ALSO, YOU CAN TRADE WHILE PRICE MAKE THE E WAVE WHAT DO YOU THINK? ARE YOU AGREE? LIKE OR COMMENT.
PRICE JUST BROKE AND MADE A FISRT IMPULSE. SO, FOR ME TO GET A SHORT HERE, I WANT TO SEE WITH THE OPENING OF MARKET A CONSOLIDATION, SOME LATERAL MOVE OR A LITTLE BIT UP MOVE, MAYBE 4 CANDLES IN SIDE RANGE. (SOMETHING LIKE I PAINTED IN THE CHART.) TEHN I WILL BE SHORT IN THIS PAIR. WHAT DO YOU THINK??
AS YOU CAN SEE PRICE IS BEING BULLISH. SO, I AM LOOKING TO BUY THIS PAIR. PRICE IS MAKING AN ABCDE TRIANGLE, AND PRICE IS JUST AT THE 61%FIB LEVEL. ALSO, MACD IS SHOWING DIVERGENCE. SO I AM EXPECTING A BREAKOUT TO GO LONG. PRICE MIGHT BE DOING ANOTHER STRUCTURE RATHER AN ABCDE TRIANGLE, SO IF PRICE GOES DOWN, I WILL BE LOOKING FOR ANOTHER TRADE SET UP. WHAT...
THIS IS MY SHORT TERM VIEW. I THINK WE CAN HAVE A NICE SHORT BEFORE THE BIG MOVE. I WILL TRADE THIS GOING SHORT FIRST. MACD IS SHOWING DIVERGENCE. WHAT DO YOU THINK??
THE CHART SAYS EVERYTHING. MACD SHOWING DIVERGENCE. AND THE PAIR IS IN A DOWN TREND. SO LETS TRY TO GET THIS TRADE.
OKEY HERE WE HAVE A GOOD TRADE. MACD IS SHOWING A LITTLE DIVERGENCE, SO PRICE WILL GO UP TO MAKE THE D WAVE, BUT THATS NOT THE ONE I WANT. ANYWAYS YOU CAN TRADE IT (60 PIPS APROX) I HAVE 2 POINTS OF VIEW. 1) PRICE MAKE THE D WAVE AND BOUNCE MAKING THE E WAVE WITH MORE DIVERGENCE AT THAT POINT, GIVING US AN OPPORTUNITY TO GO LONG. 2)THE ABCDE PATTERN IS...
AS YOU KNOW I POST A POSSIBLE LONG WITH USDJPY THINKING ABOUT AN ABCDE STRUCTURE BUT IT WAS NOT. ANY WAYS IF YOU SEE WE HAVE AND BIG SIMPLE ABC, SO LETS WAIT FOR A CORRECTION TO GET IN THE WAVE UP. I WILL TRY TO POST THE PERFECT ENTRY. WHAT DO YOU THINK?
IF YOU SEE MACD IS SHOWING DIVERGENCE AND IT LOOKS LIKE PRICE JUST MAKE AN A WAVE. TO GET THIS TRADE I WANT TO SEE FIRST A CORRECTIVE B WAVE AND I WILL GET THE BREAK OUT. IF PRICE DOES NOT MAKE THE B WAVE I WONT TRADE THIS. WHAT DO YOU THINK? HAVE AN OTHER IDEA? PLEASE LIKE OR COMMENT YOUR POINT OF VIEW.