Elliot waves analystππ
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
AS we forecasted last week that this week will most likely be a correction week no major price movement did occur as our forecast . Now the week that will follow will most likely be a continuation but it won't start straight away I think major moves will most likely occur from wedges day
THE DOLLAY INDEX (DXY) as you can see the dollar index is completing the final moment of wave (c) as it has closed this week within wave 4 correction. our forecast is that its will open trading next week on the same wave 4 then hopefully on Tuesday complete final wave 5 completing this running flat then price will most likely start the bullish continuation
GBPUSD1H .. on the higher timeframe price is moving on the bearish trend that is very strong and has been in that trend for more that 2 month , our forecast relies on the continuation of that bearish trend with price trading up on Monday to complete wave c OF A ZIGZAG pattern before price continue with the bearish drop
It should one a great trading week next week . And all trade signals for the above pairs will be posted on our VIP group . Contact me @mwakasole to join
OKEY MY PEOPLE THIS WEEK THIS IS WHAT I WILL BE TRADING ...