nkaruna5

nkaruna5

ACN Analysis

nkaruna5

AUDJPY Seems to be having a breakout of trend. We are looking for a short position once a breakout has occurred and previous resistance has been retested. An ABC pattern should be formed and we will be entering at the B and riding it down.

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Over here we have a double top which has formed. We are also waiting for the trend line to break to make a move.

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Right now we are seeing support which means we can either see a bounce up or if it breaks support it will go down to 200 MA. Be patient with this pair.

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EURGBP has just completed Elliot Wave Pattern. Take a look! Let me know your thoughts and leave some feedback.

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Breakout and will look to buy retest at 1300 Support.

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In this analysis we have the re-test of the breakout followed by a push upwards. We are looking to BUY in at the 1300 Support Area.

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ABCD Formed Previous Support

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Follow Trendline and Fibonacci. Looking for a pull back once price reaches on 50% fib. All in all, this is a long trade until it hits trendline

nkaruna5

We are looking for a short and then a possible long position once price breaks trend-line. USE FIBONACCI RETRACEMENT FOR ENTRY AND EXITS. TRADE WITH PROPER RISK AND PUT SL WHEN IN PROFIT. There is a possibility of upside movement after price reaches 50%, then will drop. This is a wedge coming to a close soon so price will bounce to a low or a high.