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 analystππ
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 .
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
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)
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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