Market Analysis of the 5th of March 2016 : Opportunities on EUR/USD, GBP/USD, USD/JPY, USD/CHF, AUD/USD, XAU/USD, EUR/JPY, USD/CAD & NZD/USD D1, H4 & H1
Daily Charts: Some pullbacks this weeks, only 3 pairs have a clear direction.
EUR/USD: Price is still inside the box, no trend, patience.
GBP/USD: Pullback with price into the alligator, maybe end of the wave 5, patience.
USD/JPY: The price comes back inside the alligator, maybe "a" move of the wave 4, but BDC with no divergence, patience.
USD/CHF: Sleeping alligator, wait for the fractal box break to take trade.
AUD/USD: Price has broken the box, new impulsive wave up, look for longs.
EUR/JPY: Pull back after new BDC (no divergence) with price into the alligator and above the box, still downtrend but prudence.
USD/CAD: Impulsive wave down, look for shorts.
NZD/USD: Price has broken the box, maybe new impulsive wave up, look for longs.
XAU/USD: Wave 3 up but new BDC with divergence (no angulation), be prudent in trading long.
Daily Charts: Some pullbacks this weeks, only 3 pairs have a clear direction.
USD/JPY: The price comes back inside the alligator, maybe "a" move of the wave 4, but BDC with no divergence, patience.
USD/CHF: Sleeping alligator, wait for the fractal box break to take trade.
AUD/USD: Price has broken the box, new impulsive wave up, look for longs.
EUR/JPY: Pull back after new BDC (no divergence) with price into the alligator and above the box, still downtrend but prudence.
USD/CAD: Impulsive wave down, look for shorts.
NZD/USD: Price has broken the box, maybe new impulsive wave up, look for longs.
XAU/USD: Wave 3 up but new BDC with divergence (no angulation), be prudent in trading long.
For orientation/direction of trades, click "Signals" in the menu (On Monday 5th of March from 8:00 GMT+1)
For orientation/direction of trades, click "Signals" in the menu (On Monday 5th of March from 8:00 GMT+1)
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