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Like i said yesterday GBPJPY achieved its target for more than 160+ and the chart a good proof for it.
rashidy's Blog
GBPCAD Analysis
GBPCAD corrected now to support area like in the chart below and gonna continue going up for more than 200+ pips. we are gonna wait for price action to the support area then we buy after it again. let see the chart.
GBPJPY Analysis
GBPJPY in an area that could be challenging for some traders. we will wait for some price action that could give us a sign for entry but the most proper action is going down for over 150 pips. the chart clarifying what I said.
good luck this month traders.
good luck this month traders.
EURUSD Seems to stay down this week
as we saw in the opening for this week EURUSD began with a gab but couldn't stay above it we saw a quick draw down as shown in the chart stays down in H4 chart break SMA(30) and SMA(200) with ichimuko signal for selling lets see what will happen in the next few days.
New Rise up for GBP AUD
In the current week we will see new rise up for GBPAUD after failure of the past week to break the week before it low so can we see a rally for GBPAUD this week lets see together
GBPAUD
GBPAUD
EURAUD and GBPAUD may be have a fail this week
EURAUD showed a weakness and GBPAUD also in the daily charts so what do you think survive or fail i think its gonna fail due to ichimuko and price action
GBPAUD
EURAUD
GBPAUD
EURAUD
Oil $CL_F Short-term
Short term Elliott wave count suggests that pullback to 42.55 at 9/20 ended wave X. The rally from there is unfolding as a zigzag where wave (a) ended at 46.52, wave (b) ended at 44.2, and wave (c) of ((w)) is proposed complete at 48.32. While bounces stay below there, expect the instrument to pullback in 3, 7, or 11 swing to correct cycle from 9/20 low before the rally resumes again, provided that pivot at 9/20 (42.55) low remains intact. We don’t like selling the proposed pullback.
GBPUSD analysis
GBPUSD: Dip to 1.2791 is proposed to be wave (Y) and 2nd wave (X) is proposed to be over at 1.3481. Near-term, pair is showing 5 waves down from 1.3372 peak so a bounce in wave (b) is expected in 3, 7, or 11 swing which should fail below 1.3372 high for extension lower as far as pivot at 1.3372 high remains intact during the proposed bounce. The first 3 swing equal leg area is 1.311 – 1.312 where wave (b) can complete.
EURUSD Analysis
EURUSD: Dip to 1.091 ended wave (Y) on 6/24 and a FLAT in second wave (X) is also proposed to be over at 1.1235. Down from there, wave ((w)) ended at 1.1044. While bounces stay below 1.1235, expect pair to resume lower again. If pivot at 1.1235 high gives up during proposed wave ((x)) bounce, then pair could do a triple three structure up from 1.0910 low.
GBPJPY Analysis
GBPJPY Cycle from 7/15 peak is unfolding as a double three where wave W ended at 135.95 & wave X ended at 139.92. Internal of wave Y is unfolding as a triple three where 2nd wave ((x)) is proposed complete at 135.46. As bounces stay below there, pair has scope to make another push lower toward 127.88 – 130.72 area to complete wave (B) before bouncing in wave (C) to correct the decline from 7/15 peak. Pair is already at 100% extension of W-X