by Philip Van den Berg | Feb 25, 2021 | Market Reviews
Rare Elliott Wave Formation on AUDJPY We have been seeing a pretty normal Elliott Wave count on the AUDJPY until this morning. After a complex Wave iv consisting of a Double Zig Zag sitting just above a 38.2% retracement of Wave ii, we started to see a move to the...
by Philip Van den Berg | Feb 24, 2021 | Market Reviews
Trade Ideas AUDNZD – H4 Timeframe. Rejected the double top we were looking at yesterday after a break of a flat top triangle on a lower time frame.If we can stay below 1.08270, look for moves to 1.05700! CADJPY, H4 Timeframe. We are seeing that the price...
by Philip Van den Berg | Feb 23, 2021 | Market Reviews
Trade Ideas WTI, H4 We can see that WTI recently broke a Double Top. The next candle made a strong retracement back to a small support around 61.500 a barrel. Ideally, we want this candle to close as a strong Bullish Candle to look for further moves to the upside....