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Eur/Jpy. The divergent triangle confirms forecasts, according to the Elliott theory, as described above in a thread. Probably break through the upper boundary after a rebound from the bottom.

It clearly shows the "head and shoulders". The next week can expect to fall and the end of the formation of the shoulder. Thus, the pending order shown in the illustration, is not relevant.

The next week on AUD / USD, you can see that the price is almost at the point 5, according to Elliott wave analysis is likely to be a correction to the A-B the following week.

On NZD / CAD, according to the wave theory, we can see the formation of the fourth line (down) it is followed by growth to the point 5, and then a correction, which can break in a long trend movement, because a larger timeframe traced bearish trend. I also want to draw attention to the fact that the price is at 50 Fibo therefore possible reversal now.

On NZD / CAD caught movement to the point 5 wave analysis, but the price, in accordance with the prevention jumped from 50 Fibo. We expect a fall in price. On GBP / JPY earned on the go at the top of the point and the formation of a double top. For this pair also be expected to fall.



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what is your broker name?

i think its a AccentForex

Looking forward until the rise G/U
Good start of the week

caomisa2 rights

I apologize for my absence. It was forced to pause.
Forecasts that I post on Sunday and Saturday, yesterday began to come true. And at the moment I have a profit.

I wish you all a successful trade.

Expect breakdown, and finally some movement outside the triangle. But, keep in mind that, according to the wave analysis, the wave is now 5, so should be rolled back. Be careful.

A second option.

Very very interesting thread, I wish to understand all your clarifications like you but it is a bit too far for me. Anyway, I will stay with you as long as you update your trade and I will try my best to understand wave theory from these amazing pics. Thank you very much for sharing your priceless knowledge about forex with us.

Thank you!
Glad to try.
Good luck in trading (:

Corrective wave A completes. Schedule probably draw a figure "head and shoulders", or rather, would complete the second shoulder. And so, go to point B. At this point, a reversal and continuation of the downward movement.

Now you can put a pending order sell stop (0.65525). The price can break through the support level. Take Profit can be placed on the next level of support. (0.64800)

You can see that the price is testing the support (0.8800) on the NZD / CAD. At its breaking through, we can expect the sample to the level of 0.8600.

You can see that on the EUR / USD, in the long run significantly triangle. Now the price is in the fifth wave, but has not reached its peak. It is expected to achieve higher levels to confirm the level of the triangle.