USDJPY CORRECTIVE BUY SETUP Hi Every one,
USD.JPY possible reversal corrective setup is forming. In Intraday basis USD.JPY weakness should continue upto 112.15, we expect possible reversal from 112.15 level.
Possible reversal Date 27 / 01 / 2017
Elliottwavecorrection
Academic correction in Gold following extended fifth waveFollowing fifth extended wave, the ensuing correction can find support at wave 2 of extended (5) th @ 1177.x
1177 is also a target for (c) = 1.618 (a)
Another reversal zone might be @ 1170.x - head and shoulders target and low of wave (4) , but I think it is less probable.
Longer term sell on GU -outlook Just an outlook on GU. Will only take the right sell set ups. Obviously with my other Idea I'll be looking for shorter term swings on the D. But when we get to the top of the structure it's SELL SELL SELL homies! ;p
Looking like another continued correction! Hi traders, correlation with NU. This appears to be making a continued correction.
Thumbs up if you agree and comment with feedback! I look forward to talking to you!
OIL - diagonal triangleThere's a possible diagonal triangle, so we could have wave (iii) in the short term
EURUSD - wave [ii] endedWave has been formed, so there's an opportunity to have a bearish impulse in wave (i)
ABC Correction on USDCAD weeklyHey guys! Look at this formation. What do you think? As for me, it's a good Elliot wave ABC correction we might have here. On daily chart, am looking for an entry. We can see the 3 black (red) crows candlestick pattern. Aggressive traders can go short now and build the C impulse. Conservative can wait for the C impulse to complete. As for me, no time to wait.
GBPCHF - wave (iii) is about to startWave (ii) is going to end, so we can have another bearish impulse soon.
USD/CHF outlook based on my understanding of Wave Principle Hello! I hope everyone enjoyed the holidays! I picked up a few books on EW and a lot of my ideas are updates as I progress my understanding of the EW principle. Thanks for feedback so far, the likes and comments! Let me know what you were thinking! If you like the idea give a thumbs up and if you had an idea post it in the comments. I'm looking forward to 2017 and expanding my knowledge of wave trading. I will keep my ideas updated to the best of my ability! It's almost time to enjoy the new year! I'll be taking a break from executing any trades!
GBPUSD Butterfly Possible on daily , Watch out for it !!Hello guys ,
many of you know the rules of buttery fly pattern but i will mention it below ;
Leg B= 0.786 Retracement Of XA
Leg C= 0.382; 0.886 Retracement of AB
Leg D= 1.272, 1.618 Extension of XA
This is daily time-chart
Now i believe that Leg C will reach the 0.786 or 0.886 because we are in wave 4 in a Downtrend which is a corrective way ,and to be more specific the price now is going to form Leg C which is the last leg of a corrective way .
When leg C is completed we are going to have the last massive downtrend until the pattern is completed at 1.618 extension.
One more Conformation about the end of the big trend , if you check the whole trend to the down side you will see that the extension 1.618 of the first big wave , Wave 1 , will matches the D point of this pattern which also 1.618 extension of XA leg
Please be careful this is not a trading advice , Check your strategy , your entry setup and make your own analysis before you enter !
Good luck traders ,
If you think that i am right please support me with like bottom , otherwise comment below with your opinion :)
