PRICE IS PRESENTLY IN A WAVE 4 CORRECTION WHICH IS A TRIANGLE, BUY ONLY WHEN PRICE IS ABOVE WAVE D
THE NEXT MOVE OF THE MARKET WILL BE DETERMINED FROM THE INVALIDATION LEVEL ON THE CHART, IF PRICE IS TO BREAK THE TREND LINE AND REVERSE BEFORE TOUCHING THE INVALIDATION LEVEL THEN YOU BUY. IF IT RALLIES DOWN AND TOUCHES THE INVALIDATION LEVEL THEN YOU SELL. IF THE SEE HAPPENS ITS GOING TO BE VERY BIG, DONT MISS IT
PRICE JUST COMPLETED A WXY STRUCTURE AND I'M EXPECTING A DROP IN PRICE TO THE CHANNEL LINE, PRICE MAY REVERSE AND THE BOTTOM OF THE CHANNEL TO GIVE A WXYXZ STRUCTURE, THERE MAY BE SELLING AND BUYING OPPORTUNITIES,
THIS IS STILL LOOKING GOOD FOR A SELL, BECAUSE PRICE HAS NOT GIVE US A 12345 CORRECTION OF A WAVE C OF A FLAT, WHEN THESE IS COMPLETED WAIT FOR A BREAK OUT FROM THE UPPER TREND LINE BEFORE BUYING......... I WILL UPDATE OTHER CHARTS LATER IN THE WEEK .......HAVE A GREAT WEEK TRADERS
HELLO TRADERS, FROM MY POINT OF VIEW WE HAVE NOT GOTTEN A FULL 5 WAVE STRUCTURE SO WE ARE GOING TO GET A DROP DOWN TO GIVE A WAVE C OF THE CORRECTION THEN PRICE SHOULD REVERSE TO EITHER GIVE US WAVE 5 OR A MORE COMPLEX CORRECTION, BEFORE PRICE WILL REVERSE YOU SHOULD GET A GOOD TREND LINE (SOMETHING LIKE THE PURPLE LINE IN THE CHAT), WAIT FOR A BREAKOUT AND...
GOOD DAY TRADERS THIS LOOKS LIKE A NEW WAVE IS STARTING, RIGHT NOW YOU ARE AT A RISKY BUY BUT IT LOOKS GOOD.. BE CAREFUL ABOUT THIS ONE
WE ARE GETTING A GOOD BUY SETUP HERE.. WAIT FOR PRICE TO BREAK TO THE UPSIDE OF THE FLAG BEFORE BUYING, IF PRICE BREAKS TO THE DOWNSIDE LEAVE IT, ITS A SHORT TERM TRADE, PRICE WANTS TO GIVE A DOUBLE BOTTOM STRUCTURE BEFORE CHANGING DIRECTION.. YOU ARE LOOKING FOR THE BUY IT HAS GOOD POTENTIALS
WE MIGHT GET A CORRECTION TODAY, BUY AT THE BUTTOM OF THE CORRECTION OR BUY AFTER THE MINOR WAVE ONE IS BROKEN
FROM MY PREVIOUS ANALYSIS I THOUGHT THE MARKET WAS GOING TO GIVE A MORE COMPLEX CORRECTION BEFORE THE UP TREND CONTINUES, WELL I WAS WRONG IT GAVE A SIMPLE ABC CORRECTION AND NOW THE TREND HAS RESUMED, WE ARE HAVING A ZIGZAG CORRECTION AND IT WILL BE DEEP. THIS TYPE OF CORRECTION MAKES A LOT OF SENSE BECAUSE OF HOW BIG THE IMPULSE WAVE WAS, THERE ARE STILL MANY...
PRICE MAY GIVE A LITTLE MOVE TO THE UPSIDE BEFORE REVERSING, WAIT FOR A BREAKOUT FROM THE LOWER TREND LINE BEFORE GOING SHORT.. THIS IS PART OF A BIG TRIANGULAR CORRECTION
EXPECTING MORE TO THE UPSIDE FROM AUDUSD TO GIVE A ZIGZAG CORRECTION. WAIT FOR THE BREAKOUT FROM THE TRIANGULAR STRUCTURE BEFORE BUYING
AS AT 2 WEEKS AGO THIS STRUCTURE WAS NOT CLEAR BUT NOW IT IS,YOU HAVE A GOOD BUY HERE, A POSSIBLE WAVE 3 BUY... DO NOT MISS THIS.. THE NEWS WILL TELL YOU IT IS BECAUSE OF THE UNREST IN USA THAT THE MARKET DROPPED BUT THE MARKET HAS BEEN PREPARING FOR THIS FOR A LONG TIME ..
PRICE HAS FINALLY BROKEN OUT FROM THE TRIANGULAR CORRECTION AND WE EXPECT PRICE TO FALL DOWN FAST AND HARD, PRICE HAS BEEN PREPARING FOR THIS MOVE FOR A LONG TIME, THE USD WILL LOOSE VALUE AGAINST MAJOR CURRENCY PAIRS
STARTED THE ZIGZAG CORRECTION WITH A LEADING DIAGONAL NOW ENDING IT WITH A POSSIBLE ENDING DIAGONAL... WAIT FOR BREAKOUT FROM THEE DIAGONAL AND A FLAG BEFORE GOING SHORT
LOOKING TO SELL THE JPY ON A LONG TERM BASE. RIGHT NOW GET READY FOR A THREE WAVE CORRECTION, WAIT FOR THE BREAKOUT OF THE TREND LINE BEFORE SELLING BECAUSE WE CAN STILL GET AN EXTENDED WAVE 5 WHICH MEANS PRICE WILL GO HIGHER BEFORE DROPPING. THE ARE HIGH CHANCES THE CORRECTION WILL BE MORE SIDEWAYS THAN DEEP. AFTER THIS JPY MIGHT DROP LIKE BOMB
IT SEEMS WE ARE DONE WITH WAVE ONE AND TWO AND WE ARE LIKELY GETTING A NEW WAVE( WAVE 3), LOOK FOR BUY SETUPS
WAVE C OF AN EXPANDED FLAT IS IN FORMATION, WAIT FOR THE BREAKOUT FROM THE CHANNEL BEFORE GOING SHORT
LONG TERM SELL OPPORTUNITY, EXPECT A CORRECTIVE 3 WAVE STRUCTURE TO FORM THIS IS TO CORRECT THE PRESENT 5 WAVE STRUCTURE AFTER WHICH A BREAKOUT FROM THE CHANNEL WILL OCCUR TO GIVE WAVE 3, WAIT FOR THE BREAKOUT BEFORE GOING SHORT