Hi all, Today we are looking at FX:USDJPY . We can see price is approaching our structure level, 0.236 fibonacci and we are expecting rejection from here before we continue higher.
Hello Traders!!! I hope you are all having a wonderful start to 2023 Today we are trading XAUUSD where we have found a solid zone for a long. Why are we entering? - We are in Bullish wave C of our correction which is the final wave - We are expecting a rejection from our 0.5 fibonacci level before heading up in our final subwave 5 What is our confirmation? -...
Hello traders, I hope you are all having a great day! Today we are analysing OANDA:XAUUSD by using the Elliot Wave Analysis which is my preferred trading strategy. Our zone in mind is at our 0.5 fibonacci level where we are considering a short as we appear to be in corrective wave 4 and we are expecting a reversal soon. Why are we entering? - We are in wave...
Hello traders, Today we are looking at USDCAD . Why are we entering? - We are forming wave 5 subwave 2, microwave C - We are expecting price to reject our 0.618 fibonacci before we see subwave 5 form What is our confirmation? - Rejection from our buy zone - Break of WFB Entry - Safe Entry: Rejection of our buy zone with a break of our WFB - Risk Entry:...
Hello Traders, Happy New Year All!!! I wish you all a very successful 2023! Today we are looking at OANDA:XAUUSD where we have identified a solid zone of reversal. Why are we entering? - We are at the end of our subwave 2 correction. We are now expecting bearish subwave 3 to occur which is a impulsive wave. - We are expecting a rejection from our -1...
USDCAD LONG Why are we entering? - Expecting CAD weakness & USD strength - We are forming wave 3 subwave 5, microwave 1 - We are expecting price to reject our 0.618 fibonacci and wave 4invalidation zone What is our confirmation? - Rejection from our buy zone - Break of WFB Entry - Safe Entry: Rejection of our buy zone with a break of our WFB - Risk...
GOLD SHORT Why are we entering? - Expecting USD strength = GOLD SHORT - We are in wave 5, subwave 5, microwave 3 in our Elliot wave analysis - We are expecting price to reverse at our 0.618 fibonacci level What is our confirmation? - Rejection from our 0.618 fibonacci level - Rejection from our trendline - Rejection from our structure level Entry - Safe Entry:...
Hello traders, We are looking at EURUSD long at our 0.618 fibonacci level and our wave 4 invalidation level where we are expecting bullishness to one of our reversal zones
AUDCAD LONG Why are we entering? - Expecting AUD strength and CAD weakness - We in wave 5, and we are about to form subwave 4 which is a bullish correction which we are trying to catch - We are expecting rejection at our -0.618 fibonacci level which is also a structure level What is our confirmation? - Rejection of our -0.618 fibonacci level - Break of WFB...
AUDCAD LONG Why are we entering? - Expecting AUD strength and CAD weakness - We in wave 5, and we are about to form subwave 4 which is a bullish correction which we are trying to catch - We are expecting rejection at our -0.618 fibonacci level which is also a structure level What is our confirmation? - Rejection of our -0.618 fibonacci level - Break of WFB...
GOLD SHORT Why are we entering? - Expecting USD strength = GOLD SHORT - We are expecting price to go below the previous low which will secure atleast 750 pips - If you have missed our initial entry, we will be looking to enter on a correction in our bearish impulsive wave - Solid rejection from our 8HR 100 EMA What is our confirmation? - Rejection from our...
Hello traders, Today we are analysing EURUSD . In the chart above you can see we are using the Elliot wave theory which is the most common trading technique I teach. As you can see above we are currently forming corrective subwave 4. We would like to catch subwave 5 as this will be an impulsive wave were we can secure the most pips! We will be shorting from...
Hello traders. Today I am sharing my GBPUSD analysis. I am using the Elliot wave trading technique which I commonly teach Here we can see price is currently forming subwave 4 in wave 4. We are expecting subwave 4 to reject one of our fibonacci levels and not surpass our blue invalidation box below. Once we see bullish rejection we will be forming subwave 5...
Hello Traders Currently we are forming subwave 4 in our bearish motive. We are expecting price to reverse at our 0.618 fibonacci level now as we can see a trendline and our DAILY EMA here. We are also expecting price not to surpass our wave 4 invalidation box which is where we will place SL's.
Hello trades, Today we are looking at XAUUSD . In my analysis you seen above, I am using the Elliot wave trading strategy which I commonly teach. Firstly we shorted as Gold rejected our 8HR EMA and 0.5 fibonacci Gold is currently forming corrective wave A where we can see our minor impulsive waves forming. bpcdn.co We are currently forming wave 2 which...
Hello traders, Today we will be monitoring EURUSD as we have been extremely interested in catching our expected buys which have already begun! EURUSD has been in a bearish impulsive wave since summer 2021 and I believe we have come to the end of our bearish wave which is where we should be seeing a correction form. I am anticipating a ABC correction to form...
Hello traders, Today we are looking at GBPJPY . We can see we are at the end of wave 4 of our Elliot wave which is a corrective wave. We are now looking to catch wave 5 which will be a impulsive wave where we are expecting strong bullishness movement to our take profit / SELL zone. We will be looking to enter at our -0.618 fibonacci level from the A wave...
Hello traders, This week, we are looking at USDJPY again. We are looking to short at our same location as last week where we secured over 120 pips profit. We are expecting USD strength this week, however we are still expecting USDJPY to reverse here.