See chart for explanation of what I see and why. use your own strategy to understand the market - however I use Elliot wave for the overall market pattern which informs the structure and then I use the smaller Tfs to analyse what is happening in a smaller degree within the overall move. I don't swing trade I day trade - but swing traders can look for sells, day...
From what I can see - IF the market shows a reversal, it's definitely coming to complete an untouched area where the C wave needs to finish and also get liquidity from previous asian highs. let's see if the market will break below the area it's currently on - if it does we will continue down - if not and we reverse here , its heading to that 1.9649 area.
Upon hitting my Asian range high which was in line with the final wave of C wave which is currently being filled. I am expecting a nice impulse move down which could take place over night during the Asian session. This pair is quite lucrative during some Asian sessions - so rather than potentially missing out , I am setting some sell orders which I am sure will...
The market has shown an SMS in the 5M TF , The market May continue to complete the original move of analysed to finish the take out of last weeks Fridays Asian range. This downwards move may be again completed during Asian range and then we can expect in either the london or new York session for the market to trend
In continuation of my last few ideas, here is an update on my trade with GA. Tomorrow we should get a nice flow going on, it’ll be a profitable week
my previous chart shows what I think will happen from a 4hr perspective, however there is a likelihood that the market could first drop to the previous asian high/low session before it moves up. this may take place over night, but there are buy opportunities to be had.
my previous chart shows what I think will happen from a 4hr perspective, however there is a likelihood that the market could first drop to the previous asian high/low session before it moves up. this may take place over night, but there are buy opportunities to be had.
using Elliot wave, BMS and asian strategy - I can see that the market is heading to a 4hr key level after a BMS in the 1hr TF, Elliot wave also confirms there's more to go in the upwards direction to complete wave B we may get a pullback during the asian session overnight before we go up
I have added to my strategy combining order blocks with my Elliot, topdown and asian strategy to further confirm Tps and confirmation zones. If this is something that works on it's own then I'm intrigued to see how it works with my strategy.
I see a completion of the 5 wave Elliot wave move to the upside, it seems to have just ended the wave 2 correction and heading to the 3 wave.
This range has happened over the last two -3 weeks, and I can see the type of range it’s gone into which is an expanded flat. It’s connected to the idea attached when I said it could go two ways,
The market is in a mini correction and is on the C wave of the correction before it comes down. It’s important to note that the market could be completing the major pullback, so let’s see what happens once we hit the the first area.
After analysing this pair thoroughly using top down analysis and Elliot wave, I am confident to the direction. My last two failed ideas were due to miscounting and reading the chart, which I had originally done correctly in my idea a week ago linked to this chart. We are heading down to the trend, completely the C wave of the 3 WAVW correction.