Elliot waves analystπŸ“ˆπŸ“‰
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So out of these two setup what do you think its the best strategy for you
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GBPUSD 15 MIN CHART
THESE is how to use my analysis for both swing trades and day trader . On these two analysis . You day trader go to 5 min and look for trade opportunities . And for swing trader u can use this same chart to trade long term but you have to align this with the 4h analysis I sent on Saturday
TODAYS VIP TRADES .... EURUSD GBPUSD USD CAD CONTACT ME @mwakasole to join
Forwarded from elliot wave anlyst
WEEKLY RESULTS
βœ…EURUSD 22 pip. 1:2 rr
βœ…USDJPY 35 pips 1:3 rr
βœ…USDCAD 13 pips. 1:3rr
βœ…XAUUSD. 120 pips. 1:4 rr
❌GBPUS. 3 pips
❌EUUSD 4 pips
❌EURUSD 9 pip
❌GBPUSD 8 pips
VIP RESULTS …. A an even week . Not bad for slow week
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I HOPE YOU ALL HAD A GREAT WEEK
We have started a new month and its going to be A great moth as the seasonal tendency of most pair usually start to break out of correction phase during these month... the following are next week potential watch list
AUDUSD 4H .. I strongly think this month price is going to trade bearish as we were correcting at the end of last month as price was forming wave A and B legs of an irregular flat . So from Monday am expecting price to start trading that wave (c) bearish to complete the pattern . This will create a lot of great short for both swing and day trades
AUDUSD 1h .. the first opportunity should present itself after price breaks that depth support level .
NZDUSD 4H ... unlike AUDUSD where price has shown clearly its intent to trade lower this pair might also start trading bearish on Monday but it may transition to bullish drive early before wave (c) is reached on AUDUSD
Since Bothe of these pairs usually move in a tandem, when you have a situation where they disagree I usually go on with both views but each view will be the alternative count for the other , say if price trades lower on both pair validating one view of AUDUSD and invalidating the NZDUSD count then from the point it does that I will be looking for shorts for both and Vice versa
USDCDA 4H . This pair in my book its still bearish but since we have completed five waves already am expecting it to start correcting on Monday . If in someway it decided to trade against the dollar index then am expecting it to continue bearish as it extends wave (5). But the highest probability move will be bullish correcting
GBPUSD 4H ... we have completed wave (5) so we should start the bearish counter trend move .its around this time where we usually see this pair trades bearish .