xavier_56

xavier_56

there is a huge daily divergence on the daily, whenever that happens we have a big up or down move, the question is , will be a smooth one? or rough like the A - wave? Lets see

xavier_56

the arrows shows what i am anticipating

xavier_56

anticipating a turn at this point

xavier_56

lets see

xavier_56

lets see

xavier_56

i would wait for the break of the structure of the ending diagonal, to enter the trade.

xavier_56

We have completed the daily abc correction and a one hour flag is currently forming so i am patiently waiting for the break of the flag to enter the trade. this is a 4:1 trade for me.

xavier_56

from my analysis of the structure it is making, the bigger trade is to the down side but the c wave correction is about completing , i anticipate a move to the 61.8% fib level , the yellow box area.

xavier_56

I believe we are now about finishing the final corrective wave, there could be extra extentions , but i am more inclined to the move to the down side.

xavier_56

After this 4-hour correction, i anticipate a big move to the downside

xavier_56

from the what the structure is making , i anticipate a temporary up move in the pair. this will be confirmed when the structure breaks and make a flag in the one-hour of four hour

xavier_56

from my arrows we could be finishing an a-b-c corrective structure of the higher degree B-wave by breaking the top marked the yellow line, i would like they break that top because it will give us a serious divergence on the daily which is a sign of reversal.

xavier_56 Updated 

NZD/USD is about breaking out from what looks like an ending diagonal. i would wait for a confirmed breakout , a corrective structure in the one-hour or 4-hour time frame to confirm the up move. trade according to ur strategy.

xavier_56

These corrective structures tend to break to the downside. Lets see

xavier_56

i am anticipating a short very soon cos it has broken the previous top

xavier_56

anticipate a move to the previous lows

xavier_56

target is 12k...buy setup ready now

xavier_56

look at the arrows , i am anticipating a move in the aud/chf like the of the gbp/usd