Main Wave 1 for Long in Progress This we can divide into 12345 At this moment we are in middle 4th part . Let it complete in abc at support . Long term analysis for USDCAD is Long .
Hello to all !!! At this moment we stumble upon a short for USD CAD . Wave 1 is complete Now we are in middle of wave 2 = ABC where A , B already complete , Now we are at beginning of C = Down / short Target for short = 1.27000 area of support
Hi USD JPY on weekly Chart is forming Triangle pattern , In ABCDE Last Leg E is Progress As Previous all ABCD are in ( ABC ) formation So I am quite sure Last Leg E is in ABC formation . Target is 108.00 / 107.50 Regards .
Hi Wave is in ABCDE Triangle formation . At this moment I am looking for long to complete it Last Leg E Support n Resistance are intact . Target for long is at Resistance 1.3100 / 1.3150 Area .
Wave 4 in Progress Where A and B are complete C wave just started . It is Short till Support mentioned in chart .
Hi Continue from my previous USD JPY analysis . On Weekly/Daily chart it wave 4 in abcde Diagonal ,,Where D is now in progress ,, D is in ABC In my opinion B is over and we are in wave C It would end up at Fibo FE 61.8 Prive Level 114.50 . I would like to Recommend a Long Tomorrow The Monday London open Price till 114.50 . I will update this wave structure on...
Hi GBPUSD ,, I do like to continue from my previous analysis . It is Ending Diagonal in ABC . now we are dealing with C in 12345 . Now the Details of C ::: 4th Leg seems ,,it will end up at Fibo 38.2 or at Fibo 0.5 Level . ( I wont Recommend Scalping type of short at this moment ) Last Leg 5 of C ::: It is Long From 1.3325 Till 1.3850 Please take your time...
Hi At this moment we are in Corrective wave 4 (Red) ,,, Formation ABC Where C is near to complete . After completing C we will be in Last wave 5 Red Long . In My opinion following Trade should be taken :::: Short :::: Monday London open Till 1.1670 Long :::: From 1.1670 Till 1.2280/1.2300 Best Regards Elliot Wave By mazchaudhry
Hi to All !!! First thing First ::: I am only available at week ends for analysis n ideas posting ,,,, Rest of the Week i am busy at B Options . I will try my best that my analysis could last for 1 or 2 weeks at least . Have a nice day . ========================================================== At DXY Dollar index Corrective wave 4 is in Progress Formation us as...
Eur Usd seems having Potential to go Long . After Completing abcde corrective sub wave 4 . I Would like to Recommend Long After "e" is completed . Long is from 1.1950 till 1.2250/1.2290 Elliot Wave By mazchaudhry
Wave 4 seems ending here at 1.3600 level I wont see any logical reason to go up till invalidation level . My opinion is it is Reversal from 1.3600 / 1.3625 ( Daily candle of Brexit Election Result day was Closed on this price on 24th June 2016 ) I am short from this level . Regards Elliot Wave By mazchaudhry
Wave 5 RED Seems ending at Fibo level 200 Price 133.22 If it breaks this level than we may see extension in wave 5 Red Otherwise there is a REVERSAL from This Price Level 133.25 I am Short From 133.25 Regards Elliot Wave By mazchaudhry
As per chart I am Short for wave 4 Black Shorting will last till previous Sub wave 4 Price level for Profit taking is 147.00 Elliot Wave By mazchaudhry
B Wave in abcde was over at 139.00 level . Now We are in Main Wave C ,,,Pattern is 12345 We are some where in middle of 3 My Recommended Trades : 1::: From Current Price Long Till 1.4740 2::: Short 1.4740 Till 1.4625 3:: Long 1.4625 Till 1.4760 With this we will end up the extension of sub wave 3 I will update chart after this movement is over . Thanks for...
I am still waiting for C leg of B ,,Before another Drop C(main) to complete correction . Following Trade Recommendation at moment ::: Trade 1 ::: Long at Current Price till 0.8060 ( fibo 50 ) Trade 2 ::: Short at 0.8060 till 0.7980 ( Previous Resistance ) Trade 3 ::: Long From 0.7980 till 0.8160 . Many Happy n Green Pips for my followers . Elliot Wave By mazchaudhry
C leg of local correction is still missing . It should be completed before another Drop . C leg should be considered completed at Resistance of previous ( iv ) 1.2240 or at Fibo 38.2 Price 1.2280 . Lets see how the market follows my wave pattern . Next will be a nice drop till 1.2020 /1.1980 . Regards Elliot Wave By mazchaudhry
Today's Update is Long From 1325 till 1340 Have a nice 15 yellow sparkling Dollars . Regards to all Elliot Wave By mazchaudhry
GBPUSD is following my chart quite freely n with out any issues . It will hit the main reversal area in few days from now. At this moment ,, In my opinion ::: Cable need one smaller correction to push itself to higher area of 1.34000 price level . Please check chart . Have a nice day . Elliot Wave By mazchaudhry