Daily Forex Analysis with Elliott Wave (03.13.2018) - AUDCAD, XAUUSD
Dear Steemians, welcome to Wave Analysis.
Today, I like to share with you 2 new trade setups. After that, Hotlist items need to be updated. If you wish to see more details about new trade setups and the updates, you can watch today's video and you can visit the published idea pages by clicking on the name of the assets.
New Trade Setups
AUDCAD
I think putting an entry order below last bottom can be good idea. My first target is the completion of same size correction as 4th wave. Then we will see the potantial.
XAUUSD
I'm waiting for breakout to take short trade, because I'm expexting a big down move in higher degree, so it will make a weekly regular flat corrective structure. My target is 1100.
Hotlist Items
Active Trades
AUDUSD: No need to take any action.
EURUSD: No need to take any action.
USDCAD: Stoploss at breakeven, keep trade on.
CHFJPY: No need to take any action.
EURAUD: No need to take any action.
XPDUSD: No need to take any action.
Pending Orders
GBPAUD: Short order at 0.886 retracement (1.79520).
Waiting for Trigger
Removed from the List
**EURCHF: No valid trade setup.
Analysis Videos of Hotlist Items
If you like to see the analysis of Hotlist items besides the updates, video links are:
02.26.2018 - GBPAUD
02.28.2018 - XPDUSD
03.02.2018 - USDCAD
03.05.2018 - AUDUSD
03.07.2018 - EURAUD
03.08.2018 - EURUSD, CHFJPY
I appreciate that if you leave a comment and let me know what do you think about these trades. Also, please don't forget to upvote if you liked this post and follow me for new ones.
Until next time, trade with care.
Don't invest money than you can afford to lose. Trading carries a high degree of risk. Everything here is my personal opinion, should not be considered as trade calls.