EUR/GBP H4: Long on Channel line break, wait till wave 3 of wave 3 is completed and sold the lot, now wait wave 4 of wave 3 is completed and enter long for wave 5 of wave 3.

This Pair will be on our watch list for some time as it is a nice move up for some time. Expecting to capture at least 300 PIPs in three move.

 

Crude Oil on 15 minutes chart setting up a short trade for wave 2, This trade must be taken with care, as we know that wave 2 can short live. We will update on this when we open our trading floor around 6:30 PM SDT (Sydney)