Chathifriends

Chathifriends

Eurchf broke range and completed a 3 wave correction. The entry will be earlier than expected due to loss of momentum. I am expecting price to breakout from here to higher highs and beyond. Analysis is made purely based on Elliot wave theory and my own theory of momentum. Trade at your own risk. Leave a comment if u like my idea. If not please dont leave a comment.

Chathifriends

EURCHF is creating a zigzag correction after the first 3rd corrective wave. Weeks of consolidation. I believe it will be ready soon for the push up to higher highs. Confluence H4 divergence Point of control Corrective wave is clear and completed.

Chathifriends

GU on the weekly looks set to be climbing to higher highs from here. However the corrective wave on lower timeframe is not very convincing. It might a complex ABC wave. I will take the trade with a tight stop loss. Confluence: H4 divergence Point of control Lines up with Elliot wave rule Points to take note: Corrective wave is not clear

Chathifriends

Im expecting price to take out the volume at 1.168 extension level and bounce from there completing a 3 wave correction.

Chathifriends

ECHF continuing an uptrend. I am expecting price to move in this pattern based on Elliot Wave Theory.

Chathifriends

EC is a strong long. Prediction is made solely from Elliot wave theory. Will see a huge impulse wave to the upside and drop at major resistance.

Chathifriends

EC i am expecting a move to the upside from here. Huge long potential. Completed a 3 wave correction on a bullflag

Chathifriends

EURCAD looking to me like a scalp short. We will see an entry swing long at the end of wave C on H4. Wait for M5 bullish pattern to form near entry zone.

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ETH created a bullish pattern and completed a 3 wave correction. I am seeing a push to a higher highs before we see any bearish action. Trend trading 101.

Chathifriends

BTC completed 3 waves on an uptrend. Do not try to call the tops or you will be burned. It has created a bull flag as well. Do dont have any funny ideas :)

Chathifriends

EU is creating a bullish pattern on the daily. I am expecting a bounce on the fib extension level to higher highs. We may see the bounce happen coming week. Do take note to enter only when you see a bullish pattern on lower timeframes. No pattern no entry

Chathifriends

Gj looks short on lower tf however looks can be deceiving. If you look at higher time frames it has completed a 50% retracement from the last low and bounced off that level. Fibonacci extension is showing the same target for both weekly and H4. I am bullish on GJ at all levels.

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Completing a 3 wave im expecting a push on GA. Mid term swing. Confluence: H4 divergence. Completed 3 corrective wave on both h4 and h1 Fibo golden

Chathifriends Updated 

I am shorting the rejection candle on h4. Reason -Gbp currently in correction phase -Aud is completing correction -Bearish divergence -Fibo golden

Chathifriends

Trade with the trend. High probability setup. The trend for EA is bullish on the weekly. We can see a bull flag already formed and price created a higher high. We can expect price to bounce here as corrective wave has been completed at a lower high. I am expecting price to break to higher high before we see any bearish moves.

Chathifriends

USD CHF seems to have moved in a range on h4 but on weekly it looks more clear that it has completed a 3 wave down and we are currently moving towards to a higher high for the 3rd wave. Confluence: divergence on weekly rsi and a sell divergence on MACD. Reminder! take 1 to 3% risk per trade. Anything higher may result in significant losses even if the trade is...

Chathifriends

Eurchf may look bearish however we see a recent swing high before the selloff. So i am still holding a bullish bias on this pair currently i am seeing echf as consolidating before the real move to the upside.

Chathifriends

There is a break of structure on H2. Hence i am expecting a break of range to the upside. Will be adding longs when there is a bullish pattern on M5. Reason D1 Divergence Break of structure Low of range