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Time now: Jun 1, 12:00 AM

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

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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 "

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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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(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

Today's 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 ............

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Here is the Canadian Dollar Update for today
( We had a another spike overnight )
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For more information about this trading style ……( See links below )
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www.charts-explained.com
( Listen to this free video )
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Here is the Euro ............Looking for a " Wave 3 Low "
(Price Action )
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There is some over-head resistance at 4650 ............

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Price Entry now triggered
Price Entry........... 4620 Limit
Protective Stop .........4646
Targets ........ See charts below

( Risk....26 pips )
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Live Forex Chart

Currency
Rates
EUR / USD
1.13588
USD / JPY
156.903
GBP / USD
1.32758
USD / CHF
0.83362
USD / CAD
1.41853
EUR / JPY
178.308
AUD / USD
0.69749
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