AudUsd targeting 0,6950 , price now 0,7130 , SL 30pips
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- #3,764
- Edited 6:07am Dec 8, 2021 5:53am | Edited 6:07am
- Joined Jun 2013 | Status: Trader | 14,535 Posts
dow possible scenario 4th wave possible much deeper to 350X0 5th wave could be cup and handle pattern (not using this pattern at all, just educational info) ** another big important thing, 4h wave could be slow and annoying with ranging because it look like correction wave no.2 was simple ABC correction and it could force wave 4 to be complex formation. {image}
market react to
sl hit after the new high
- #3,768
- Dec 8, 2021 7:07am Dec 8, 2021 7:07am
- Joined Aug 2020 | Status: Trader | 3,853 Posts
DA, my idears on gold,sell 1792-1795 sl 1798 target 1772 - 1765
in case break 1798 looking buy 1795-1792 target 1815 {image}
Possible target if 123 bearish 4hr activate is 1745
Why EurCad & GbpCad EurCad still in wolf wave pattern weekly where there is a lot of space north, and the price has created 123bullish on 4hr. GbpCad is still in bullish divergence daily but in order for the price to continue north must reach 1.6735 level, if this happens then our ultimate target is 1.7315 (price now 1.6677)
, and what about NCAD ?
- #3,773
- Dec 8, 2021 8:41am Dec 8, 2021 8:41am
- Joined Aug 2020 | Status: Trader | 3,853 Posts
Well, we did plan for this day and we are: EurUsd. Long based on Eliot waves daily GbpUsd. Long , SL below 1,3196 daily UsdCad. Short based on daily 123 bearish Oil. We are long and buying all the dips, yesterday was a great dip as we bought even there, 123 bullish daily Gold. Long with SL 1740 US30. We did short it below 35000, we keep it this way, That was US10. US30 should move up. GbpJpy. Based on weekly price shouldnt close below 78,6 fib level weekly on 150.50. We have one small position long, will see how the news will affect...
- #3,777
- Dec 8, 2021 10:09am Dec 8, 2021 10:09am
- Joined Aug 2020 | Status: Trader | 3,853 Posts
DA, my idears on gold,
Possible 123 bullish there
