GBPAUD Jan 24 Live Trading Room Setup

GBPAUD Live Trading Room

In Jan 24 Live Trading Room, we presented an idea to buy GBPAUD pullback at 1.6405 as the pair looks to have bullish 5 swing sequence from Jan 15 low and favor more upside. We bought wave ((b)) pullback at 1.6405 and the trade reached the target our target of 1.668 one day later for 275 pips. Below is a clip taken from January 24, 2017 Live Trading Room. GBPAUD Trade Setup   GBPAUD 1 Hour chart    Below is the trading journal that we presented to the … [Read more...]

NZDCAD Elliottwave Analysis 1/6/2017

NZDCAD

Below is an Elliott Wave analysis video on NZDCAD. The pair is currently correcting the rally from 8/24/2015 low and could see more downside short term before the rally resumes to new high or at least bounce in 3 waves. If you enjoy this analysis, feel free to try our service --> 14 days FREE trial and get access to Elliottwave charts for 52 instrument in 4 time frames, live sessions, live trading room, 24 hour chat room, and more.   Weekly Chart NZDCAD is showing a … [Read more...]

USDNOK Short-term Elliott Wave Analysis 12.2.2016

1USDNOK 1H20161202094913

Revised short Term Elliott wave cycles suggests that rally to 8.641 ended wave 3 and wave 4 pullback is unfolding as a double three where wave ((w)) ended at 8.447, wave ((x)) ended at 8.543 and wave ((y)) of 4 is in progress towards 8.304 - 8.35 area. Near term, while pullbacks stay below wave ((x)) at 8.543, expect the pair to continue lower towards the target above before turning higher. We don't like selling the pair and expect the pair to find buyers at 8.304 - 8.35 area for at least a 3 … [Read more...]