sdailey23

sdailey23

Basic ABC Correction in play Sitting in PRZ @ the moment with some very heavy divergence Preparing for a sell validation

sdailey23

previously reached our 1st TP coming out of the flat and now it seems that NZDCHF wanted to make a bigger correction than expected but no worries I am currently playing this pair based off the divergence seen at the bottom of the current trend

sdailey23

waiting for this structure to play out some more before I take a position on it there is still the possibility for this structure to end in an ABC Squeeze ending at the 23.6% once I get the short validation I will take position

sdailey23

Currently waiting on a correction to take a long position

sdailey23

I am still in this buy We may see one more sell rally here before our trend continuation which would end in an ending diagonal breaking our trend line support and continuing to the upside (this is my expectation) however we may also just continue to the upside form current market position

sdailey23

Hopefully we're seeing the validation of our sell We will be on the look out for any signs of pivot to continue trend to the upside We will be on the watch for any changes in structure

sdailey23

Hoping to break out support and end around the 14.00

sdailey23 Updated 

I wish I would have posted this before so you could have seen the before and after the trend break but here it is hoping for a deep correction here but if not ill take it in a short term buy right now but trend is bearish this structure may also become a correction of the original correction but we'll play that as the structure plays will make my TP Zones as the...

sdailey23

correction started running and bounced very nicely off of take profit zone 3 I've taken a long term long position

sdailey23 Updated 

opened up the stop loss a little bit but still expecting the correction as scheduled

sdailey23

Hedge move in affect 1st take profit zone @ 26-38 fib

sdailey23 Updated 

Nice impulse structure building I took little profit from this correction already I thought we were in our last wave but it seems gold wanted to make one last correction Expect a small far coming up soon which will build us up for our last bull rally

sdailey23

Hopefully all is self explanatory I haven't taken a position on this pair yet because im waiting on a last sell rally

sdailey23

I have a couple of orders placed on this trade as shown in the charts pretty self explanatory here in the chart notes

sdailey23

This is a beautiful example of how to move up your stop loss You see an 12345 structure in this photo I started this trade at the bottom of wave 2 and my stop loss was place below the bottom of wave one when we started buy i waiting on the first correction and moved my stop loss at the bottom of wave 4 once price started running i started moving the stop little...

sdailey23

Just waiting for this correction to play out once this correction is done doing its thing I'll be looking to take on a long position

sdailey23 Updated 

This was the original analysis for the NZDJPY move I have recently changed views and i will post alternate view later on but theres some good info here in the chart notes

sdailey23 Updated 

Hopefully the chart notes make the hedge plan easy to understand The move looks like it may have already started however there may be one more buy rally before the fall