Elliot waves analystπŸ“ˆπŸ“‰
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12 trade
8 trades βœ…
4trades ❌
AVARAGE RISK TO REWARD 1:4.3
Tp1 1
Tp2 :8
For those interested to join contact me @mwakasole there is still room for few more people
NEW WEEK ... this is what am look for this week
DXY (the dollar index ) ... this pair is still bullish on my book as price hasn't shown any sign of a reversal , but since we have completed wave (5) we might enter a week of straight correction so that what am expecting this week to be (but still am looking for buying opportunities)
DXY 15 MINUTE .. price created a truncated wave 5 of wave (5) to sum top that impulsive move then we had a straight zigzag pattern , since the pattern is full formed then We are looking for bullish counter moves
EURUSD 1H .. this pair now is straight forward that we have completed a a very strong bearish trend wave ,price has to reset with a correction movement to collect more sell orders which am expecting this week to be the correction phase
GBPUSD 1H ... similar to what we are having on EURUSD . Price has completed this bearish impulsive trend , we are now entering the correction phase .
This is a theme to all major pairs (EURUSD CADUSD GBPUSD NZDUSD AUDUSD CHFUSD) so unlike the past two weeks avoid swing trading this week just in and out trades only