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100 % forex
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NZDUSD 20% | 1 USDCAD 20% | 1 AUDUSD 20% | 1 GBPUSD 20% | 1
ryanquah ryanquah PRO GBPJPY, 60, Short ,
GBPJPY: GBPJPY corrective structure
55 0 2
GBPJPY, 60 Short
GBPJPY corrective structure

GBPJPY undergoing wave B corrective structure. Short term will be watching for sell setup up TP 158.XX. Longer term will be watching for long setup to ride on wave C of corrective structure

ryanquah ryanquah PRO GBPUSD, 60, Short ,
GBPUSD: GBPUSD corrective reversal in sight
13 0 1
GBPUSD, 60 Short
GBPUSD corrective reversal in sight

On 60 mins chart. price has performed two section (A&B) of an ABC correction. Shaded blue area represent end of Wave C target where we will look for reversal candles for a short setup. Wave C target is derived from a confluence of fib levels where internal retracement 76.4%, APP 100%, external retracement 127.2% created a narrow trading zone.

ryanquah ryanquah PRO AUDUSD, D, Short ,
AUDUSD: AUDUSD end of wave 5
58 0 1
AUDUSD end of wave 5

End of wave 5 target reached. From here, we can expect price to move into an ABC correction. Bearish evening star provided the setup for short position targeting end of wave A.

ryanquah ryanquah PRO NZDUSD, D,
NZDUSD: NZDUSD ABC corrective reversal in sight
20 0 2
NZDUSD ABC corrective reversal in sight

NZDUSD making a potential ABC correction, so far 2 section of formation has been completed: point A & B. We have identified a potential price zone for its corrective reversal by establishing the following: Internal retracement at 61.8% forming a tight price zone with APP at 100% (from O to A from B) + external retracement at 161.8% We will be looking for ...

ryanquah ryanquah PRO USDCAD, D, Long ,
USDCAD: opportunities to Long USDCAD
61 0 1
opportunities to Long USDCAD

Buy on retest of support ard 1.2197 (fib 38.2%). Target: 1.2374 (61.8% fib level). SL 1.2152 (previous high close) Risk reward: Reasons to long: a) close above DMA signal change in trend b) Price action has broken short term resistance c) MACD indicates continued upside momentum

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