market_waver

market_waver Updated 

During next hours expecting this pair to go down. Price retracing from 0.5-0.618 fibo levels, therefore we may consider this wave count correct. In next hours we may see 3rd wave (green) which belongs to bigger 3rd wave (red). Also, nice risk reward ratio. Moreover, bearish price channel is determined.

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1st wave will be completed during this or next week. After that i am expecting bullish correction which will be 2nd wave (green).

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Still keeping this pair. It finally started paying off during previous week. Patience is key guys. Always remember that.

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Expecting this pair to continue down movement during this week. However, during this week we have GBP interest rate news. Therefore, expecting high volatility on this pair. Generally, price is in 4th wave (blue) of bigger 3rd wave (green).

market_waver

EURUSD pair may go down during this week only after completing 4th wave (red) of bigger 3rd wave (blue).

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Dollar index completed 1st wave (blue) of bigger 3rd wave (green). During this week expecting this index to make new highs which will be 3rd wave (long).

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Previos week price had completed the 2nd wave (blue) which retraced from fibo levels as planned. And we see the 1st wave (red) of 3rd bigger wave (blue)

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Price had completed 3rd and 4th waves (blue). And the last 5th wave (blue) has been strated by 1st wave (red). Moreover, price seems to be in significant fibo levels (0.5-0.618), which are confluencing which support area (purple lines). Therefore i will take long trade on USOIL.

market_waver

Previous week price showed us completed 3rd and 4th wave (blue). Moreover, fibo levels confluence with support zones (purple), which are demonstrated on chart as purple lines. I am expecting oil price to go up. After which i will share further wave countings.

market_waver

Nothing new. Price multiple times rejected from fibo levels, but i still believe we may see this pair going up.

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Nothing new. Keeping this trade. Still believe this pair will go down. :)

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Price had completed the 2nd wave (green) after we see that 3rd wave (green) has been started in which we see the 1st wave (blue). I think, it is better to for the price retracement, so we will be able to enter long from better price and catch the 3rd wave (blue) of 3rd bigger wave (green). And price seem to be in channel.

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Price rejected, before market close, from significant fibo levels (0.5-0.618). Moreover seems that 2nd wave (blue of 3rd bigger wave (green) has been ended. I think, we may see this pair going down during upcoming week.

market_waver

Recounted the wave strcuture of this pair. Now it is more clear that price is in ABCDE wedge. Thereforethis long is taken to catch D wave (blue), after which we will try to catch E wave (blue) too.

market_waver

2nd wave (blue) is more likely to be completed, in which we had WXY waves (red). Moreover price rejected, before market close, from significant fibo levels (0.5-0.618), therefore i decide to short this pair when markets will open.

market_waver

Price seem to be in ending diaonal which is in C wave (green). Im expecting this pair to go down in upcoming week, and after that to go up. Tight stop loss, and nice profit opportunity.

market_waver

I recounted the wave. Not clear, but seems that price is currently in 3rd wave (red). However, i will short USOIL because we have price channel, which is 2-3 months long. So, market gives nice opportunity to short, with good risk reward ratio.

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Price respected fibo zone (0.5-0.618), but price movements are very strange and not clear. Therefore my stop loss is on breakeven.