sinakhan98

sinakhan98

Hi, Even if we were little bit wrong about the length of this Y-leg weeks ago, we still did trade this Y leg and almost caught all this move down to 1.2055. Our target was 161.8% of ab and 123% of W-leg which was exactly 1.2055 and we got out at 1.2070 on our chat room last week. Now we believe the WXY correction is completed and our previous target we had on...

sinakhan98

Hello, Even if I am not a Harmonic trader and follower, but this one looks like a perfect Crab pattern and 1.618% extension of leg XA is almost hit. Bearish confirmation around this level and I will short targeting back below 10. Even in case of an extension of this CD leg, its still interesting for short.

sinakhan98

This one I totally missed after a perfect 1.618% extension of wave A. Well maybe its not a PERFECT abcd pattern since the time for ending wave A is shorter then time for wace C. But the extension of the wave is perfect. I would check this pair on lower time frames to find a good trading opportunity. I will definitly follow the monthly chart in case of a Bearish...

sinakhan98

Always use SL !

sinakhan98

Hi again :-) I think this one is tough one. We had a very nice short trade from 1.37 with a target of 1.1980 as wave C of this ABC correction from the top 1.46. Well the reason we had 1.1980 was simply the fib extension of 123% and price didnt really hit that target and stopped between 113 and 123% fib. For buying this I want to see a bullish reversal signal...

sinakhan98

Hi friends, Look like GBPAUD is really close to the top for this time. ABC correction down to 38% fibonacci to begin with. Maybe even 50%. The ABC move from 1.61 which usually targets the 1.618% extension of wave A, plus 50% fibonacci from top of the formation (before Brexit night) makes this pair very interesting to short around our target we had month ago for...

sinakhan98

Hi, I still think EURUSD is in wave 5 of the last wave up. The pair has created a Double Three correction as wave 4 and looks like one last small move on upside is still left to place before the real correction of ABC for this whole move from 1.05 starts. The only problem as I see its how to calculate the length of this move. Usually when wave 3 is more than...

sinakhan98

Good chance that wave 5 will be extended to 1.2750 - 1.28 area. Just assuming that the length will be 2.6 length of wave 1 since price has already reached 1.62 factor of same length.

sinakhan98

Ok, we got the 1.2350 target as what we thought would be an wave-5 extension earlier this month. Ofcourse its very difficult knowing whether this wave is already completed or not, specially before ECB meeting in just couple of hrs. But IMO, IF we DO see a small ABC correction here down to 23% - 38% fibonacci, then we could buy the pair again for wave 5 towards...

sinakhan98

Wave 5 could be extended to 1.23 area and next daily is important to watch imo. Good Luck!

sinakhan98

I think there is a chance GBPAUD continue up to 1.81-1.82 area before any down movement. At least for the broken weekly line. This is ofcourse no trade recommendation and only my view about what this pair probably will do coming weeks! Good Luck!