LONG EURUSD. WAVE II RETRACED AROUND 23.6 FIB LEVEL WHICH I OMITTED IN MY FIRST ANALYSIS. NOW IS A GOOD TIME TO BUY EURUSD AS PREVIOUS HIGH HAS BEEN BROKEN MEANING WAVE II IS UNDERWAY.. RISKING LESS THAN 40PIPS FOR OVER OVER 900PIPS
short nzdusd as price looks to be in the final wave. this completes the wave v of 5 of (III). stop loss is around 70 pips whereas take profit is around 455 pips. also you can take profit at wave iv of the minor wave. (a guideline in the wave rule)
buy eurusd after correction... targetting over 1000pips whilst risking 77 pips
sell eurusd. however there's also a chance price can go to the upper channel border although price seems to show rejection at the midline of the channel. tp 1 ...1.21048 tp 2 1.20820 tp3 1.20592
short eurusd as after breakout from the ending diagonal... wave c is expected to retrace 61.8 (around my tp)
sell eurusd as wave 5 is in motion. wave 2 was a deeper retracement hence we expected wave 4 to retrace to 38.2 fib level
the structure of the market wasnt quite clear for sometime as i was finding it difficult to count the waves on the smaller timeframe. however with time, everything becomes clear as market was in a correction phase forming triangle wave b of of wave 2. we sell after that as we expect wave 2 to retrace at least 38.2 of wave 1
BUY EURUSD . ALTHOUGH THERE'S A BREAKOUT, THIS BREAKOUT LOOKS LIKE A FALSE BREAKOUT AS I DONT SEE A COMPLETION OF MY WAVE COUNT YET. WAVE v OF 5 MUST BE COMPLETED BEFORE WE CAN FINALLY SELL... ALSO I CAN SEE A REJECTION AT 61.8 OF WAVE iii OF WAVE 5 MEANING WAVE iv JUST COMPLETED. HENCE WAVE v IS ABOUT TO BEGIN... ALSO THE RSI INDICATES A SERIOUS OVERSOLD
short gbpusd. setup is invalid if price retraces 100% of the begining of wave 1 of c
its too early it an ending diagonal and it's too early to assume it's going to be a failed 5th wave. it's a risk im willing to take. let's see how things go. however in my alternate wave counts, i dont see price hitting my stop loss without securing some pips so i advice you go about this in a strategic manner.
SELL NZDUSD TO 38.2 OF MY FIBONACCI LEVEL... HOWEVER WAVE IV(UPCOMING BEAR MOVE) CANNOT OVERLAP WITH WAVE I ... RISKING 47PIPS FOR 120PIPS...ALSO ONE GUIDELINE WE MUST TAKE NOTE IS SINCE WAVE II WAS A DEEPER RETRACEMENT, 23.8 FIB IS ALSO LIKELY TO HAPPEN SINCE CORRECTION II AND IV ALTERNATE
SELL EURUSD RISKING 60 PIPS FOR 190PIPS TP1 AND 300PIPS TP 2. PRICE LOOKS TO BE IN A CHANNEL AND ALSO COUNTING WAVES WITH THE HELP OF FIBONACCI AND CHART PATTERNS, PRICE LOOKS TO BE IN THE FINAL WAVE OF THIS BULLISH IMPULSIVE WAVE
sell eurnzd as tp has already hit for my previous buy setup.
fomc chairman is about to speak and it looks like eurnzd is bound for some short reversal. risking 15pips for 41 pips. long eurnzd as corection phase iv can't overlap impulse wave i hence we will sell after this 40pips buy
i dont see btc making an ATH before entering 40ks again. price is bound to complete a wave c correction phase before it can finally go to the moon
wait for btc to come to 51k, we will then buy btc but it will be a short buy. price is bound to enter 40ks again before a new long bullish move
sell eurnzd as wave ii of wave 3 seems to come to a completion. wave 1 and wave 2 have already completed and it looks like wave 3 is going to be an extended wave so tp is over 200pips risk less than 50 pips