PAIR: EURUSD TIME FRAME: 1HR Daily Trend: Under EMA20 - Still downtrend, currently under correction Previous Wave: Look like Impulsive wave A Current Wave: Price move like a flat correction, wave B, retrace to 50% of wave A Stoploss: Above the last high, ended of wave 1 PT1: 100% extension of wave A PT2: 127.2% extension of wave A, price could travel to 161.8%...
PAIR: AUDUSD TIME FRAME: 1HR Daily Trend: Uptrend, price rejected 20 MA and form a decision candle at that area, Previous Wave: on impulsive wave 3 Current Wave: on retracement to wave 4 Stoploss: Below 61.8% retracement of wave 3 PT1: 38.2% distance of wave 1&3 PT2: 50% distance of wave 1&3 Alternative wave: wave 3 could also extend and go further up without...
PAIR: USDJPY TIME FRAME: 4HR Daily Trend: Downtrend, restricted below 20 Moving Average Previous Wave: Impulsive Wave A Current Wave: Current in wave B, also there is possibility of forming H&S pattern Stoploss: above last high, wave 5 PT1: 100% extension of wave A PT2: 127.2% of wave A Alternative wave: if price goes up pass 110.50, we might have a complex...
PAIR: CADJPY TIME FRAME: 1HR Daily Trend: Under EMA20 - Still downtrend Previous Wave: Look like Impulsive wave 1 Current Wave: Price moves like it is in zig zag correction - wave 2 Stoploss: Above the last high, ended of wave 1 PT1: 100% extension of wave 1 since Wave 1 looks like an extensive wave PT2: 50% of wave 1 and 3 Alternative wave: If price goes higher...