EURUSD 1D

EURUSD 4H

EURUSD 1H

GBPUSD 1D

GBPUSD 4H ... so this pair and EURUSD are all bullish .but this pair has already shown its willingness to trade higher, we should see great buying and hold opportunities once price completes the correction phase

That's all from me . I hope you all have a greet trading week . If your have nay questions feel free to ask @mwakasole

XAGUSD 1H ... today is Monday we are not trading any significant moves we ar just feeling the market . our initial analysis is that the correction phase has completed with this wave (c) of an irregular flat . Now we are looking for buying possibilities but price might extend the wave 5 of wave (5) even lower

Why buy at that particular price .... Case study 1 for this week

USDCAD .. I made a mistake her price wasn't forming a WXY but a simple zigzag

Like this

XAUUSD 15 MIN if we get this movement here then gold might be a good pair to look for longs

So this was a trade yesterday . The count was right and price eventually went down but went up again before it really fell taking me out . This is classic wave problem that most of us face . Usually wave can extend and even when you have a solid count wave are soo subjected to this and this problem will show itself Cleary when yo know waves ... how do you avoid this

Since typically we would look for buying down there for better risk to reward usually more than 5 . The risk are high and usually we are subjected to buying extended waves on wave c

Instead wait for price to break the depth line . That will form a sub wave 1 then wait for sub wave 2 for confirmation of a buy . This are where high probability setups are formed . Now the drawdown to this is you might miss some great opportunities and sometimes the risk to reward might be lower than 3 .

NOTE ; this is for all timeframes above the 15 minute chart . Anything below that this will fail more than 50% because of manipulation and stop hunts . And obviously this is a more complicated subject I can't teach here but if you study on your own you may get the point am trying to make

XAUUSD 1h ... look for what we have talked today as exercise

USDCHF ..4H . There should be an opportunity on this pair but it will most likely mature next week as I strongly think price will complete wave C

USDCHF 1H

Okey slow week but most pairs were correcting last week so this week we must have a huge opportunities next week and the following are the leading opportunities

USDCHF we have traded on wave 5 , so if price breaks the depth ( the low made wave 4 of this wave C ) we should have great trading opportunities . now this pair is highly dependant to the DXY and EURUSD but this should be the path for it next week .