This looks like a good potential trade. Lets watch how this plays out
Looking for short positions right around the 1.32 price level, possibly going to 1.33. Aiming to take profit at 1.30 price level
Broken trend support. Signals trend reversal. Aiming for 61.8% fib TP
Continuing upward trend. Double bottom formed after Elliott wave formation ending on support line which signals a breakout moment. Aiming for .98800 TP.
We have bounced off support at .70111 and cypher pattern confirmed. Aiming for the 618 Fib level at .70802
Look for a breakout soon on USDCAD. Ranging between hard support at 1.28 and resistance on 1.30184. Expecting breakout soon
Completion of 12345AB Elliott wave cycles, waiting on the final C. We hit strong resistance right around the expected 140.500 area. This will be interesting to watch. if we break the trend support i expect a retrace down to around 133.600
Looks as we have finished the corrective wave. Currently testing the support line at fib 1.0500. Predicting to reach the next two fib levels.
I have highlighted the key points of this idea within the chart. I think we are in for a downtrend now and should see AUDUSD-0.72% fall lower. Record highs of SPX500-0.24% would also lead me to believe we are in for a market correction which will affect AUDUSD-0.72% . I will be watching the sub-support lines for breakthroughs and bounces. Feel free to leave your...
I have highlighted the key points of this idea within the chart. I think we are in for a downtrend now and should see AUDUSD-0.72% fall lower. Record highs of SPX500-0.24% would also lead me to believe we are in for a market correction which will affect AUDUSD-0.72% . I will be watching the sub-support lines for breakthroughs and bounces. Feel free to leave your...
THis one could potentially go lower than the support line that is present currently. If that happens, wait for the double bottom to form on the previous support line. if i bounces, a long setup could be in place.
Again, we have a good Elliott wave setup. what do you think?
Looks to be a bearish trend forming. watch how this one plays out.
possible long position forming on AUDNZD