masood_bakhtyar

masood_bakhtyar

Short Possibility for GBPJPY as - Approaching its first resistance/61.8% fibonachi retracement/38.2% Fibonachi retracement - Approaching the channel resistance trend line - Divergence in 1 hour time frame visible Short Entry on breakout and when the price closes below 13 EMA Entry levels and TP as mentioned in the chart.

masood_bakhtyar

Probable trend reversal with long setup in AUDUSD Long Entry: 0.758 (after wave ii) SL: 0.747 TP1: 0.768 TP2: 0.777 TP3: 0.789

masood_bakhtyar

Probable long setup in USDCAD Long Entry: 1.277 (wait for wave b&c of ii to finish before entering in wave iii) SL: 1.2635 TP1: 1.284 TP2: 1.295 TP3: 1.303 TP4: 1.334

masood_bakhtyar

- we are wave B in weekly moving upward; - in daily we are in wave C of weekly B wave. In daily A & B of weekly B seems to have ended and C started. -Within wave C wave i and wave ii seem to have ended in 4 hours period and wave iii seems to have started. - Within wave iii of 4 hours time frame, wave i of wave iii seems to be finishing (as we are in wave...

masood_bakhtyar

Possibility of trend reversal in AUDUSD. Divergence visible in 1 hour time frame. Length of wave C of Y seems to be equal to length of wave A of Y. Possibility of long entry may be coming up Entry pt: 0.763 SL: 0.751 TP1: 0.773 TP2: 0.785 TP3: 0.795 The entry point and SL may change depending upon the reversal point.

masood_bakhtyar

The upward bullish wave seems to be nearing its end with divergence in 1 hour time frame. Possibility of short entry coming up in next week Entry pt: 108.5 SL: 109.65 TP1: 107.9 TP2: 107.3 TP3: 106.95 Need to recheck the Entry point and SL in case USDJPY bullish trend still goes up a bit before running out of steam.

masood_bakhtyar

Currently it seems to be wave A of wave 4 in the daily trend. Within wave A we are in wave 3. I would prefer not to go short in GBPUSD at this time and wait for wave 4 and 5 of A to finish before entering long in wave a of B of 4.

masood_bakhtyar

GBPJPY seems to be following an upward channel in 1hr/4hr timeframes since 2nd March 2018. It touched the channel support line on 21st April and rebounded. There is a possibility of some pullback before the prices move upwards to the channel resistance line. Wave i seems to be finished with divergence also visible so the plan is to buy on resumption of upward...

masood_bakhtyar

In Daily trend we are in wave 5 of bullish trend. Within wave 5, wave 1 and wave 2 have been completed and we seem to be in wave 3 Within wave 3 of 5, wave (i) of 3 has been completed and wave (ii) of 3 seems to be ending now with retracement upto 90% of wave (i) of 3. Plan is to buy in wave (iii) of 3 with Entry point above wave (iv) of C of (ii) of 3. SL...

masood_bakhtyar

In USDCAD it seems like we are wave 3 of 3. Within wave 3 we are in wave i. Wait for wave i to finish with possibility of it finishing around 1.286 resistance level and prices bouncing of from there creating wave ii of 3 of 3. Plan is to Enter long above wave iv of c of ii. Entry Point: 1.2705 SL: 1.2515 TP1: 1.284 TP2: 1.306 TP3: 1.3375

masood_bakhtyar

USDJPY Near term short opporunity Wave ii for USDJPY seems to have started in daily/4 hour charts with divergence visible in wave iii & v of wave i. Right now we are in wave A of wave ii. Within wave A the wave i of wave A seems to be finishing and there is a possibility of retracement in wave ii of A. The idea is to sell at level below wave iv of wave i of A...

masood_bakhtyar

Weekly trend analysis; long term outlook possible upward move (wave C) in the wave 2 correction pattern is probably starting, it will probably be followed by the resumption of bearish trend in wave 3.

masood_bakhtyar

Price bouncing off from the daily channel support. Possibility of upward move. Divergence can be seen in the Daily and 4 hours chart signalling an end of momentum for the downward move. The 4 hour channel resistance has been broken. Current upward move can be wave 1 of wave c of Z. Possible retracement to 0.767-0.77 in wave 2 (fibonachi levels 0.618 - 0.768)...

masood_bakhtyar

AUDCHF We are in wave 'c' of 'Z' of triple correction in daily/weekly time frame Within wave 'c' wave 1 & 2 seem to be have been completed with wave 2 of 'c' retracing upto 90% of wave 1 of 'c'. It seems that wave 1 of wave 3 of 'c' has now finished with 5 waves within wave visible in 1 hour chart with divergence between 3 & 5. So wave 2 of wave 3 of 'c' is now...

masood_bakhtyar

We are in wave 5 of the upward daily/weekly trend In 4 hours we can see that within wave 5; wave 1 has finished with divergence visible between wave 3 and 5 of wave 1 of wave 5 now it seems that wave 'a' of wave 2 of wave 5 is in progress which should move downward to around 1.382-1.385 i.e. 61.8-78.6% retracement levels. within wave 'a', wave 3 of 'a' seems to...

masood_bakhtyar

Triangle formation being observed in the EURUSD daily and 4 hour charts. EURUSD is rebounding from weekly channel resistance. In daily chart 5 waves in the upward trend can be identified with divergence being observed in wave 3 & 5. This could mean a retracement or correction coming up. Wait for the triangle support or resistance to break and the prices confirming...

masood_bakhtyar

Long Entry possibility coming up on AUDJPY Currently AUDJPY seems to be in wave v of wave i. within wave v we are in wave iii of wave v. Possibility of end of wave v around 81- 81.3 (0.386-0.5 extension of wave iii) Long trade in opportuntiy in wave a of wave 2 Entry Point1: 81.7 Entry Point 2: 82.27 SL: 80.5 TP1: 84.3 (below peak of wave iv of wave i. Also major...

masood_bakhtyar

GBPUSD is bouncing from daily channel resistance Dowanward move in wave C of wave 4 may be starting. Stoch 76,4,4 seems to be rebounding and crossing below 80 4 hr prices closing below EMA 13 divergence between wave 3 & 5 of wave c of wave b Entry Point: 1.3895 SL: 1.3995 TP1: 1.37985 TP2: 1.3752 TP3: 1.371 TP4: 1.366