Still too early to tell but has potential to go strongly up if the trend continues *if the low holds
although will love to see a correction before higher the last move up is strong and if it continues, then will have to revert to count that wave 3 is already in progress good luck
the correction came and oh boy it was deep the strong bounce is a good start, now we want to see the low hold and price go for new high to complete the waves
appear to be a leading diagonal, a break below the wedge for a correction will setup a strong buy good luck
proceeding as expected, after correction is completed, am expecting a surge to new high
not such a clean move up and hence there could be possibility that it could just be corrective will trade other pairs instead
one more leg up will be good, if it happen I will gladly wait for it to retrace to lock and load longs
not cast in stone but if we could see a strong move up with 5 waves, it will confirm a reversal for short term, a good probability of a move higher
so many opportunities today ucad is another one in the making good luck
looking for high probability shorts good luck
Go to know a new friend a while ago having dinner together Was sharing a view on usdjpy that it has limited upside and it will reversal Here is what I saw and why I stated it will reverse Too bad price stop him out and then it reverse Oh well
short term 5 min chart appear to be a leading diagonal down if price able to break the low again to confirm, a bigger move down could be expected
it appears to be complete and now I am looking for out a reversal in usd and for the final push down for new low After that, will start looking for opportunities to load up longs in usd good luck
we need to see a few more waves to confirm this view on the usd still early and patience will be rewarded
although dxy is invalidated, eu triangle is still valid, we shall find out
early count invalidated, now it appear more like a triangle however only a break below confirms
Nothing much changed, still waiting for new low
Waves still suggest we will be seeing new high for EU Bears should start feeling the heat back once this start moving higher GU bears already burned to ashes, perhaps it will be eu bears turn...lol