adittiaduilocca84

adittiaduilocca84 Updated 

Pure technical analysis. At market close on Friday 2 February, EURJPY reached the upper channel of the micro-Elliott Wave (ABCDE waves) which was the last part of the Elliott wave from the previous bullish movement (12345 waves). Wave 12345 also indicates a break of structure heading upwards. We predict that EURJPY will complete leg E of the micro-Elliott Wave...

adittiaduilocca84 Updated 

Pure technical analysis. USDJPY has penetrated the upper channel of the trendline, but will not shoot straight up. Instead, the price will retrace to the strong traditional support in the 145,000 zone, as the price has had a lot of interaction in this area formerly. The 145.000 area coincides with the Fibonacci zone between 0.384 and 0.5, as well as the leg E...

adittiaduilocca84 Updated 

Pure technical analysis. After a fairly strong bearish movement on Thursday and Friday (1 & 2 Feb 2024), USOIL touched the lower channel (D) at a price of 71.798 and seemed hesitant to continue the downward movement at the end of market closing. The formation of leg D is predicted to form rejection so that market movement will reverse to complete wave E at...

adittiaduilocca84 Updated 

Pure technical analysis This morning in Tokyo session GBPJPY made a small tight range after made down ward move yesterday. We have two possible ideas for this pair to continue sell (blue and red arrows). Enter at the breakout of the lowest channel or wait for the price to purge Asian session liquidity in the next London session to put safe stop loss. Ride the...

adittiaduilocca84 Updated 

Pure technical analysis We think the picture speaks for itself. Wait for USDCHF create Change of Character in the short red line, wait for the price to pullback to the red line area and set sell position to 0.5 - 0.618 fib zone. In this area, put buy limit order and set take profit at the previous high (fresh minor resistance). Cancel setup in change of...

adittiaduilocca84 Updated 

Pure technical analysis GBPUSD just broke the lower channel from the former long range. The analysis is still coherent with our previous analysis on last Sunday. Now price tries to create a pullback. We believe this is a nice opportunity to scalp the pair to 0.382 to 0.5 Fib zone.

adittiaduilocca84

Pure technical analysis. After making a bullish move from November 23, 2023, GBPUSD has completed Elliott Waves (first 12345), and then made a sideways movement since mid-December 2023. In this sideways movement, GBPUSD made micro-Elliott Waves and has completed them. The extension of this wave is predicted to complete leg 3 of the second 12345 waves in the...

adittiaduilocca84

Pure technical analysis. EURUSD appears to have completed the 4th leg of Elliott Waves and is approaching previous support at 1.07464. There is still 1 leg of the Elliott Wave left to be fulfilled (leg E) which is predicted to be a pullback to the 0.618 Fibonacci zone, where there is equal high liquidity to be taken and then EURUSD will start a new wave...

adittiaduilocca84

Pure technical analysis. On the H1 time frame, XAUUSD appears to have completed the fifth wave (E) of Elliot Waves and penetrated the lower channel at market close last Friday, February 2. On that day, XAUUSD made a very strong bearish move after the NFP after previously being unable to break through resistance that had been touched at least twice. For entry,...