Archives June 2021

USDCAD July 5th 2021

USDCAD Carefully building our buy positions, as always trying to get the best possible price at OTE levels. For a reentry it should be 1.2204.

Our long term perspective is the debt pivot that wasnt returned. We know how important is to touch that high at 1.2204, that’s why it is the first zone, price could fly from there, once A and C are equal waves. I would only enter again at 127fe.

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Have a great week ahead, and remember that you can find more information about the course here.

EURGBP June 21st 2021

Hello friends. I want to share today my plan for EURGBP. Can be traded upwards, but personally I’m only interested on short positions.

Weekly timeframe:
Possible in wave 4 or A. Some interesting levels, above price, missed monthly pivot and hit2021 yearly pivots. Below, the liquidity under equal lows, a GAP and 50fe of mother wave. Far away we have the missed yearly of 2016, when Brexit drama began….

Daily timeframe: development of wave 4 in an ABC with possible arrival to 127-161fe neutralizing the liquidity.

Let’s check how subwave C is behaving. We may need a correction to 0.8775-0.8918 sell area… makes sense.

How could we get there? We are having a complex correction, I didnt labelled the waves but I think you can easily count how price is flowing down in 5 abcs.

Check the liquidity above and below to predict next move… the $$$$ below was neutralized by a break of trendline in a Liquidity Run. They have the money, they can make the move when the feel like.
I will start selling when divergence is present inside the brown box with around 100 pips stop. Will share exact levels when we are there. ??

Always feel free to comment any doubt and I will try to answer. Learn to trade with us. You are still on time to join our next ATA course which starts on July 1st. Learn more about the course here.

EURCHF June 13th 2021

Hello traders, I studied last week EURCHF and wanted to share my view and trading plan. This is the Daily EW count. Seems that we could be in wave C of 4.

We could arrive to 78fe in previous chart. Studying inside C, we may be in subwave 4. Awesome Oscillator showed the highest mountain, identifying subwave 3.

That trendline I draw is important, same as liquidity zone, big players love to break it since traders will go short there… grab liquidity and fly is one of their routines… A normal fibo retracement to check where subwave could arrive, a zone close to a missed weekly pivot at previous 38fe. Law of alternance with a deep fast wave 2 suggest that wave 4 shouldn’t correct deeper than 61%… that’s another game big player usually practices. Some pure Elliottists may be redoing their counts over and over again, but it’s normal. Don’t forget that strong hands also master Elliott waves.

Placed the downtrend fe… check how 127 stopped price 4 times until we finally broke it… There are too many symptoms that they want to break the trendline, get money, and fly for wave 5 around 61 zone, best posible entry boxed if we get there… let buy more.

Don’t forget to set your orders in EURCHF… 50pips stop… Cheap price to buy with a BAT after milking this pair down… buying at 200fe is a great idea. I have a confluence of Elliott, Fibo levels, Aureal trading, Institutional levels, Harmonics… we could be wrong, but we have to try.

These are my levels and the RRR 8.3 for the trade. I will take partials at 1.0975. Always feel free to comment any doubt and I will try to answer. Learn to trade with us. You are still on time to get the ATA course with 20% discount. Learn more about the course here.

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