olarjyde

olarjyde

Potential move for the future update on the last idea

olarjyde

The Dow jones is on the bullish move or trend overall however its going to see pullback to the 15600 area on the daily bfore the uptrend will continue to around 17600 area

olarjyde

this pair is in a correction phase the wave X of the WXY structure is on more downside on this pair to complete the X leg before the long to make the Y leg of the correction

olarjyde

potential short long before the short

olarjyde

gbpusd has more room to the upside to complete the correction potential wxyz which has its wxy legs complete and the z leg will begin soon to complete the wxyz structure or a wxy structure at a higher degree which has its wx leg complete and the y leg will begin soon.

olarjyde

As i said earlier on my last analysis that there is more to the upside and yet need for the correction in the recent swing high before the continuation. I just made a little modifications to the last view on this pair.

olarjyde

This pair has been in a correction phase for some time now and the correction is not complete yet. In the correction phase, usdcad has completed the W and X leg of the WXY correction to the downside therefore more of the selling is expected to make the Y leg of the WXY correction.

olarjyde

more upside is expected but theres need for correction of the recent swing high in price before continuation

olarjyde

Eurusd is in a potential zig zag correction for the downward impulse. it has completed a 5 wave up for leg "a" and correction leg "b" of the "a" and now in the move to complete leg "c" to complete the zig zag correction.