expanding triangle 4 watch trendline other outcomes are obviously possible
abc complete or 123 with 4 and 5 to come either way i think some downside from near here.
a possible short trade next week. ending diagonal on 4h chart- more long to next fib level (1-1) if correct on ending diagonal it will go short back to where it started.
it went long as expected - if you get any corrections buy them - possible back to triangle trendline or .236 fib
next fib levels if breaks and corrects above .618 - 1 hour time frame/ chart - entry at lower time frames.
Short idea on audusd - I cant explain every detail on here but hopefully you get the jist of it. look for entry on the 1 min time frame and you will get a better risk reward - you will also see over sold or divergence on that time frame if you are not confident of pattern recognition.
nice entry for a possible big trade - with only a 14 pip sl atm --- if the pattern is wrong its wrong right there. worth the risk for the potential reward and this is one of the only euro pairs that hasnt moved that much yet -- this could be the same as eurcad - euraud - etc (for 14 pips risk)
look for lower time frame corrections like in the 15 minutes - buy those - you will be able to limit your risk rather than putting sl below 4 hour correction which may or may not be complete.
look for elliott patterns at lower degree to buy -- hold trade if possible or split it 50/50
Possible triangle wave b --- 3333 -- need a 3 wave down to trendline to complete and see if it looks like a buy at 1 hour -- stops below wave c of triangle..
Still think more downside to come but if this happens I will look for a daily or 4 hour buy after
Look for a correction like we got on AUDJPY then go long nzdjpy to the top (white line)
I will look for a 4 hour correction for upside - if it doesnt come I wont be in
Will look for a long possible daily flat correction with some rsi divergence on daily if i see a one hour correction i will buy it - no abc correction no buy. (look for a fib retracement) stops below daily flat - targeting previous highs and then fib extensions