Short-Term.....Swing Trade (Set-Ups) - page 4

 

Usd Yen

Looking like End of a wave 5 .........

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Usd/Cad

Here is the update from Yesterday's post ...............

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After yesterday's strong break-out ,

- Price action now pulling back into a " End of wave 4 "

 

Here we go again..........

Price appears to be Pulling back into an " End of Wave 4 "

as illustrated in yesterday's chart update ..........

Here's Today's Update ..... Usd/Cad...

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USD/CAD..............

The USD-Canadian Dollar pair is posturing out of Multi-Year -lows .

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Again , the technicals are in control here ..........

The foundation was laid down last week from short-covering ......

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Talk about a market breaking out ............ This one is looking like a classic

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This is a 10 year chart

Gbp/Usd

( Weekly bars) 5 Clear Waves

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This is also a Longer-Term chart of the Gbp/Usd

There appears to be a massive Inverted Head and Shoulder Pattern in play

price has run right into major resistance earlier this week .....

( See Long term blue projection line )

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(Shorter-Term Gbp/Usd )

The Gbp/Usd took out a 618% line today ............

was this not significant ?

This is the type of line that many long traders would put thier protective stops !

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Usd/Gbp

Shorter-Term

Todays price decline looks like a and " End of Wave C " from this view...

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- A break below 0300 could lead to lower prices ............

 

Here is the Canadian Dollar Update for today

( We had a another spike overnight )

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