2nd wave has been completed (hope so :D ). But i was expecting such kind of correction. And seems that price approached to 0.618 fibo level, so be patient, we may see bullish impulses.
In upcoming hours we may bullish impulses on this pair.
Keeping this trade till take profit. Seems that 2nd wave was finished and we are in 3rd wave. Tomorrow we may see 4th wave. Be patient :)
In upcoming hours we may this pair going down. Moreover, we see that trend-line has been broken (purple one). So, lets wait for further decline.
Diagonal triangle on GBPUSD pair. In upcoming hours for further decline, or may be next week, its in case ,if tomorrow will be flat day on this pair, then wait for next week movements. By the way, waves 1,3 and 5 consist of 3 waves, not 5 wave as always. In diagonal triangles we may have such kind of scenarios, so be careful. For better understanding i drew a...
2nd bigger wave (blue) has been completed. Now waiting for bullish impulses on this pair. But seems that we may go down a bit, which will be little correction which is 2nd little wave. Also, take profit was set according to the Wave and Fibo connections. According to wave theory 3rd wave is equal to the 1.61-2.61 fibo levels.
4th wave has been completed in triangle ,waiting for bullish impulses in upcoming hours.
Still keeping longs on EURNZD pair. Expecting to see bullish impulses and upcoming days
Keeping the trades on this pair, seems that 3rd wave started. Because we see strong bearish impulses and according to Wave principles 3rd wave started with strong impulsive waves.
Keeping the profits and the trade on this pair. Seems that 1st wave (blue) has been completed and we may see 2nd wave (blue). After that we will see lower prices. So, lets be patient))))
Price is consolidating, has been keeping this trade for a week, or may be more) Here are some updates, i think that 2nd wave has been ended ,therefore im waiting for further decline on this pair.
Shorts on this pair was closed with profit, now waiting for price to activate my pednding order:) You can keep your shorts, if you want)
Diagonal triangle in which we see ABC in impulses and corrections. I may be will close some of my shorts in GBPUSD because price is nearby a level.
2nd wave has ended we may see up movements in upcoming hours
Price is in channel and seems that 4th wave has been completed. In upcoming hours we may see some bullish impulse movements
In upcmonig hours pending order will be activated (buy limit). 4th wave has been ended ,in upcoming hours we will see last bearish impulse which is 5th wave and price may go up after, so lets wait
Finally, EURUSD is in green zone :D Waiting for further decline. Seems that 1st and 2nd waves have been completed, 3rd wave has started by the way.
Update includes in itself newly determined channel (which is blue one), also price has broken red trend-line and and retested it, so i ll add up on my current shorts on this pair. Profitable week)