Market looks to have completed a FLAT Correction, therefore we're anticipating a continuation to the upside impulse for wave 5 as the map elaborates. This is the Elliott Wave Principle application. Until then, we remain bullish on this Aussie Yen pair.
We are still looking for upward moves, market seems to be in a correction of the wave 4 in a lower degree, in our previous post we expected a triangle formation but the market seems to have other ways, looks like a flat correction or there could be a combination. So the better way is to stand still and watch for confirmation. Until then, we remain BULLISH on the...
From our point of view, the market is done with a flat correction on a lower degree, therefore we're expecting an impulse continuation to the upside as the map stipulates. Until then, we're looking upside with the GBPAUD for a long long time. Elliott Wave helps us to be miles ahead of the other technical and fundamental traders.
Don't wish it was EASY, Wish that you had more SKILLS. This is the Euro Pound forming what is well known as a perfect AB=CD in Harmonics strategy, which is a very good sign for a reversal. Price testing the Support Zone as in the previous. There has been a good rejection from the zone which adds more confluence for a reversal. As well, price has broken the...
No more talking here as we dare to dream for the possible road map. We wait and see the prints out. The map speaks for itself
As it stands, In a daily Time Frame, the market seems to be in a wave 2 correction of the smaller degree, on what seems to be a combination correction. We can be looking to go upstairs but a good confluence comes as there will be a break out of the upper resistance channel (The 1x line). Currently the price is in a correction on the 4th wave of the smaller...
Our plan for the GBPCAD. The market seems to be in a 4th wave of a smaller degree, which in my view, she is in a 3rd wave of the next larger degree. Therefore, we're anticipating a triangle correction as the 4th wave and there after, a continuation to the upside in full filling the larger degree movement. Until then, we wait for the break out of the potential...
It looks like the market is in a wave 4 (triangle) of the potential up trend with what looks like an impulse. Upon breaking the upper line of the potential triangle (correction), it will add more confluence to our plan. As it stands, we're looking for upward movement with this instrument. If one is to engage with it, make use of your trading tactics including RM,...
There's nothing special with this setup, the price has just broken the slanting Trendline and came back to retest, and from the theories of Break and Re-test, this points upstairs. And so, I think we're going upside. Loss and Profit parameters are clearly shown. This is what I think with this Mexican Peso.
Our thoughts on this pair is still bearish, as spotted first on 12th Dec 2023 to date, we're still convinced that we are a long-term Bears. The market seems to have formed an ending diagonal on the wave c of the smaller degree wave 2, after completion of the formation, we're looking for more downside. Somewhere on our page, we shared a weekly forecast of this...
The market seems to have completed a WXY Correction that retests between 50% and 61.8% Fib Levels, which brings the market testing the Upper Trend Line (Resistance). This creates a bearish scenario, we'll look for more confluence such as the Price Action and see if we can benefit from this map. Completely this isn't an investment idea but an educational one....
We all know from the Elliott Wave Principle that, after every correction/pullback, there follows an impulse/motive wave. Hence, this is what we expecting on the EURCHF pair. Eyes open for the big dive
As with the AUDCHF, we have almost a copy-and-paste triangle pattern, but on this NZDCHF, the market still looks to be constructing the leg 'd' of the triangle, if all factors hold on, we should see a dive to the rising Trendline and back up for wave 'e' before we see a full and free fall. Firstly this pattern was spotted on March 7th, and the development is...
The market seems to have completed/printing out w4 of the lower degree, if it is what we see, then we should expect an up push for w5 of the larger degree. We wait for more confluence and see what the market has for us. Patience and calmness.
It looks like the market is forming a bearish triangle, and currently completed `leg e` of the potential triangle. If all goes well, we should expect a downward move for the next few days. If one is to trade this pattern from the current price, our invalidation zone should be above the previous top of wave c. The target should be below around the 0.55110 price....
The market seems to have completed leg c of the normal ABC Correction, as it stands we're looking to dive downstairs for wave 3/C. For anyone taking this trade, consider RM and don't take this as an investment idea but an educational one. learn the basics and trade like a Pro.
As it stands, the market looks to have completed wave C of the typical ABC correction, and we're looking to see the market printing out wave 3/C to the downside. Patience should take place to see a breakout of the underlying TL, hence employ the risk management strategies and see what the market has in store for us.
Looks like we`re done wit Wave A and a triangle as wave B, therefore we`re ready for a dive to complete wave C.