We shared this post in the last week but the market wasn't done with the correction yet. Despite that, the Invalidation zone is still intact. Now we feel that it's done and ready to take off. Up move is still our thoughts on this instrument.
In a long term (WEEKLY TF) i have a clear BEARISH PATTERN that i shared with you guys some months ago and it has been awesome playing out, but in this 4H Time Frame, i am seeing something that looks very very familar and it signals an upward move. I haven't figured out the entire move but for now there's a short time bullish move. Next time i'll come with the...
Market seems to be in a correction (wave 4) of a smaller degree, which indicates a potential bullish move after the correction. We remain Bullish until the market acts or provide a different clue on this pair.
On our side, the market is in a correction phase, which looks like a Zig zag, the market looks to wind up the 'B' leg and finally the C final leg before a good upside in continuation with the trend. Therefore, we have tried to see what message the market is trying to send us. Until then, we're long term bullish just as the map shows. Whatever happens, use your...
Market looks to have completed a FLAT Correction, therefore we're anticipating a continuation to the upside impulse for wave 5 as the map elaborates. This is the Elliott Wave Principle application. Until then, we remain bullish on this Aussie Yen pair.
We are still looking for upward moves, market seems to be in a correction of the wave 4 in a lower degree, in our previous post we expected a triangle formation but the market seems to have other ways, looks like a flat correction or there could be a combination. So the better way is to stand still and watch for confirmation. Until then, we remain BULLISH on the...
From our point of view, the market is done with a flat correction on a lower degree, therefore we're expecting an impulse continuation to the upside as the map stipulates. Until then, we're looking upside with the GBPAUD for a long long time. Elliott Wave helps us to be miles ahead of the other technical and fundamental traders.
Don't wish it was EASY, Wish that you had more SKILLS. This is the Euro Pound forming what is well known as a perfect AB=CD in Harmonics strategy, which is a very good sign for a reversal. Price testing the Support Zone as in the previous. There has been a good rejection from the zone which adds more confluence for a reversal. As well, price has broken the...
No more talking here as we dare to dream for the possible road map. We wait and see the prints out. The map speaks for itself
As it stands, In a daily Time Frame, the market seems to be in a wave 2 correction of the smaller degree, on what seems to be a combination correction. We can be looking to go upstairs but a good confluence comes as there will be a break out of the upper resistance channel (The 1x line). Currently the price is in a correction on the 4th wave of the smaller...
Our plan for the GBPCAD. The market seems to be in a 4th wave of a smaller degree, which in my view, she is in a 3rd wave of the next larger degree. Therefore, we're anticipating a triangle correction as the 4th wave and there after, a continuation to the upside in full filling the larger degree movement. Until then, we wait for the break out of the potential...
It looks like the market is in a wave 4 (triangle) of the potential up trend with what looks like an impulse. Upon breaking the upper line of the potential triangle (correction), it will add more confluence to our plan. As it stands, we're looking for upward movement with this instrument. If one is to engage with it, make use of your trading tactics including RM,...
There's nothing special with this setup, the price has just broken the slanting Trendline and came back to retest, and from the theories of Break and Re-test, this points upstairs. And so, I think we're going upside. Loss and Profit parameters are clearly shown. This is what I think with this Mexican Peso.
Our thoughts on this pair is still bearish, as spotted first on 12th Dec 2023 to date, we're still convinced that we are a long-term Bears. The market seems to have formed an ending diagonal on the wave c of the smaller degree wave 2, after completion of the formation, we're looking for more downside. Somewhere on our page, we shared a weekly forecast of this...
The market seems to have completed a WXY Correction that retests between 50% and 61.8% Fib Levels, which brings the market testing the Upper Trend Line (Resistance). This creates a bearish scenario, we'll look for more confluence such as the Price Action and see if we can benefit from this map. Completely this isn't an investment idea but an educational one....
We all know from the Elliott Wave Principle that, after every correction/pullback, there follows an impulse/motive wave. Hence, this is what we expecting on the EURCHF pair. Eyes open for the big dive
As with the AUDCHF, we have almost a copy-and-paste triangle pattern, but on this NZDCHF, the market still looks to be constructing the leg 'd' of the triangle, if all factors hold on, we should see a dive to the rising Trendline and back up for wave 'e' before we see a full and free fall. Firstly this pattern was spotted on March 7th, and the development is...
The market seems to have completed/printing out w4 of the lower degree, if it is what we see, then we should expect an up push for w5 of the larger degree. We wait for more confluence and see what the market has for us. Patience and calmness.