mahlabaforex

mahlabaforex

BIG LONG MOVE IS COMING

mahlabaforex

Possible moves on usdzar for the next coming days.

mahlabaforex

Anticipating a long term horizontal line break based on the fundamental

mahlabaforex

Possible bat pattern and trend line break.

mahlabaforex

Trend breakout

mahlabaforex

Simple trend analysis.

mahlabaforex

Trend breakout

mahlabaforex

According to a simple trendline analysis and using my supply and demands levels, this market could be forming a flag on 4hr.

mahlabaforex

A strong support line at the price of 0.99123

mahlabaforex

CADJPY 4hr SETUP USING WAVE ANALYSIS COMPLETING ABCDE TRIANGLE

mahlabaforex

Using wave analysis we have two closed triangles it has to complete the abc methods.

mahlabaforex

A sell setup using Elliot wave, using the wave analysis our entry has to executed at 1.18118 and take profit at a major support line at fib level 1.618.

mahlabaforex

Simply by using Elliot wave analysis the trend is determined to be downwards for the next coming few days. After it completes the movement (e) the after it traces the we can enter the trade at 108.858 then take the profit at at the level 106.958 since its a major support line.

mahlabaforex

By using Elliot wave analysis clearly we can easily determine the pattern simply by following the the trends in a triangle. And with the aid of Fibonacci for a sell setup we have the first stop loss at a level of 1.618 and the second take profit at 2.618 level.

mahlabaforex

USDCAD has been in a consolidation stage for a little bit longer time, and it looks like it forms a flag pattern. I see an impulse going into a flat consolidation market, hence I will used a wave pattern to determine my entry level and on the fifth wave pattern (e), I have a long setup and I will long at this level. My tp at 1.31655 and sl 1.27281