Forex Trading Strategy 126 ~ forex trading weekly charts
Market Analysis of the 17th of November 2014 : Opportunities on EUR/USD, GBP/USD, USD/JPY, USD/CHF, AUD/USD, XAU/USD, EUR/JPY, USD/CAD & NZD/USD D1, H4 & H1
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We do have sign of divergence on the EUR/USD, USD/CHF, USD/CAD but we still have an alligator open. NZD/USD looks like coming into the wave 4 and we are about to complete 5 waves on AUD/USD so be very careful in taking a trade on H4/H1. GBP/USD has a new push south and its still wave 3 with alligator wide open on XAU/USD with no divergence, short trades can be taken on H4/H1 if it does setup. Finally, EUR/JPY, USD/JPY are both uptrend and long could be taken on H4/H1.
For more details, click "Signals" in the menu
Click on the Menu on "Market Analysis" for all the analysis.
We do have sign of divergence on the EUR/USD, USD/CHF, USD/CAD but we still have an alligator open. NZD/USD looks like coming into the wave 4 and we are about to complete 5 waves on AUD/USD so be very careful in taking a trade on H4/H1. GBP/USD has a new push south and its still wave 3 with alligator wide open on XAU/USD with no divergence, short trades can be taken on H4/H1 if it does setup. Finally, EUR/JPY, USD/JPY are both uptrend and long could be taken on H4/H1.
For more details, click "Signals" in the menu
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