Bounced off a weekly fvg and created a 4 hour FVG. Currently trading in the 4hour fvg, looking to see if i get an entry pattern to target the 4 hour high. Cautious with entry as its a Friday.
Price respected 4hr FVG, on the 15 min broke structure and now looks like to have completed a pullback. Expecting price to go back to the most recent high at the very least.
Needs to close fair value gap before reversing. So i'm long for the afternoon.
I think GBPUSD will go up today. DXY looks like its still correcting too, it's got a fair value gap to fill lower. Shorts on USD pairs after the fair value gap filled on DXY
USD index and EURUSD price diverging. USD index looks like its just dont a liquidity grab before moving lower. So i'm long on the EUR/USD today.
Looks like GBPUSD might have made a low for the day as there is divergence between USD Index and GBPUSD. I'll time my exist with divergence between the pairs again should it not reach my target
Looks like its going to go down to me. Few longs probably stuck off that bounce. Should push us down further when they get out of their positions.
Taking a quick long for the day. High volume support back to resistance
Wave C finished too quickly which is highlighted by my white channel. So I predict another leg down before returning to the upside.
I think this we wave C of correction. Based on that, Wave C should be at least the length of wave A.
I think we are still in correction, see how it plays out but this is my prediction. I'll be watching the 0.0004 level
Still learning EW but to me it looks like bitcoin might have finished it's correction. I'll be waiting on the completion of Wave and seeing what Wave 2 does before entering. What do you guys think?
SHORT TERM SHORT and LONG TERM LONG 5 waves complete. Now i'm looking for 3 waves down before loading up again. The yellow zone is a 0.618 fib retracement zone, imbalance and 100% of wave A. So this is where I'm looking to buy more after confirmations. Divergence and high volume.
B wave appears to be complete. 5 waves up for C with targets of the upper trendline. 164 ish
Gold has nearly completed the first impulse wave down in Wave 3. I'm waiting for an abc correction, then waiting for a break of the low.
Pull back complete. Time for another leg up. Deeper pullback after this next wave.
All yen pairs looking like they are going to be turning up for one more impulse wave before having a deeper correction.
Quick short term short. Long term = long. GBPJPY just completed B leg of correction, expecting C to retest support before continuing up.