NzdCAD :- price is also at monthly resistance. Strong Potential short trade reversal. This wed and Thursday we have big news on NZD and CAD news. Be careful. The potential SHORT is brewing. Look out for entrysetup
NZDJPY at strong resistance at monthly chart High risk reward short trade.
Prefer to Short when reversal candle spotted. Elliot wave on weekly and daily show signs of reversal. MACD divergence spotted. Reversal awaits for a cycle down. Trading elliot wave daily reversal/
:Await Elliot 4H to turn #5C to SHORT. Check 4H for Elliot setup Check reversal candle for SHORT entry,
-SHORT-Daily Chart Elliot weekly turned #5 Elliot Daily turned #5 Price action bounce off trendline Short Opportunity. Takem a SHORT trade on NZDJPY.
-LONG Await Elliot weekly to turn #5C to LONG Check daily for setup Preferred to go LONG and add LONG positions for AUDJPY.
Await 4H chart 5c to appear. Preferred to LONG when Elliot wave #5c appeared on 4H
Await Elliot weekly to turn #3 to LONG Check daily for setup Preferred to go LONG and add LONG positions for AUDUSD
Trend is confirm. awaiting retracement to add more lots
Welcome to TSY Group *************************** Awaiting market price to break AUDCAD trendline. See potential strong upside. Entered probe trade and awaiting market to retrace to enter more lots.
Reason for trading: Step 1: ------- Technical Structure: Elliot Wave: Weekly: #3c(up) Elliot wave Daily : #8(up) Bollinger Band Daily (Bottom Band support) Daily HA :Ninja Trader(Up) Daily HA :MT (Down) Step 2: ------- 4H Elliot # Awaiting #7C (to add lots) 4H HA NJ (Up) 4H HA MT (Up) Trading #7C to #8 and more extension Step 3: ------- Price is approaching...
TSY Group: Reason for LONG: Weekly Support Bollinger Support Price in consolidation phase; volume increased in upside Target placed at 38.2% fibo retracement. Stop Loss at below the consolidation level.
Weekly Chart NZDJPY approcahing strong support.'Await to LONG
NZDJPY: SELL @ Retracements. Looking for Elliot #3 to have another leg downside. Strong Resistance 74.40 to 75.10. SELL zone 55, 34, 21 Range Chart.
AUDJPY: SELL @ Retracements. Looking for Elliot #5 to have another leg downside. Strong Resistance 78.00 to 78.30. SELL zone 55, 34, 21 Range Chart.