Elliot waves analystπŸ“ˆπŸ“‰
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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
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
Elliot waves analystπŸ“ˆπŸ“‰
USDCHF 1H
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 .
EURGBP ... 1H . This pair has a strong bearish conviction where currently we are trading on wave 3 of wave (3) . So next week any bullish move will create a selling opportunities
USDCAD 1h . We have completed a running flat on wave (4) now we are trading wave (5) so similar To EURGBP any bullish movement we will be looking for selling opportunities
XAGUSD 1h ... ONE OF THE BEST PAIR TO TRADE THIS YEAR . This pair has been delivering price accurately and it has been very easy to trade . After that bearish impulsive drop ,price has started the bullish counter trend going against the bearish drop . So next week we should have a buying opportunity after price completes a correction on wave 2
USDJPY 1H .. as we discussed last week this pair is in a weekly correction phase as it is is a range .so we will be looking for smaller timeframe opportunities .
GBPJPY .. unlike USDJPY , this pair has been in a strong bullish trend and right now price is approaching the climax of this trend with this final wave 5 of wave (5). from there we expect a counter trend . One this you should note most of you are still beginners so don't trade against this bullish trend until brice trade below this wave (4)
GBPUSD ... this pair is bullish but its soo oversold that everything suggest price will eventually start trading lower but that time isn't next week maybe the week after ,next week we will keep looking for buying opportunities
EURUSD 1H .., like its contemporary pairs this pair also its way overbought but next week look for buying opportunities
XAUUSD (GOLD ) 1H ... LOOK FOR BUYING opportunities NEXT WEEK , I will update a lot this pair because it is in a correction phase and most of you trade it and I think most will get burned
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USDJPY .. 15 MIN we should find a buying opportunity for wave C if price doesn't trade below wave 5 ... note today is Monday so we are subjected to liqudity traps so trade careful
GBPUSD 1MINUTE ... I couldn't share this on VIP as the price moved faster than I could even type the signal
This is the factual nature market and this is why elliottwave is the most accurate strategy .. on this sub-wave wave iii still should follow all the rules of an impulsive move . This means a chart on 1h ,4h ,1d ,1w and 1 minute should follow the same rules so this remove the guessing work and make the strategy efficiently traded
Forwarded from elliot wave anlyst
Put a buy order on USDJPY .. PRICE :ON CURRENT PRICE STOP ;159.092 TP 1 ;159.402 TP 2;159.603
Sometime patient is the key