4 HOURLY

Our Technical analysis are based on Cloundra Propriety system, which has proven 85% accuracy in providing the next market movement. Readers need to learn Cloundra Trading System for them to understand this technical analysis.

Weekly: We have selected GBPCAD because of CX trade on the Daily and H4 timeframe. On weekly we only see a sideways market with possible wave B in progress.

Daily: A CX trade. Short once CX is completed on the H4 timeframe. 

H4: H4 CX expecting upper CPD, this is a triangle on higher term timeframe.

Next trade setup: This is a high probability trade on the Daily Timeframe since the market is almost sideways, proper money management is required. 

4 HOURLY

Our Technical analysis are based on Cloundra Propriety system, which has proven 85% accuracy in providing the next market movement. Readers need to learn Cloundra Trading System for them to understand this technical analysis.

Weekly: Wave II is in progress and still no sign of completion. Any long term trade on weekly timeframe should be considered short term wave C and long Wave C for long term timeframe. A PGTL is also tested twice but no breakout yet. 

Daily: Sideway triangle of the wave B of the correction. Once the triangle is completed, possible short trade of Wave C will lead to a reasonable profit.

H4: Completion of Wave E of the triangle can give us COD as we expect due to GRTL breakout, however, this will not be a profitable trade due to the tight range of the triangle. But formation of COD can provide clues to early entry for Wave C Short trade.

Next trade setup: Monitor H4 for completion of the Wave E of the triangle. and prepare risk management for C trade.

4 HOURLY

Our Technical analysis are based on Cloundra Propriety system, which has proven 85% accuracy in providing the next market movement. Readers need to learn Cloundra Trading System for them to understand this technical analysis.

Weekly: Expecting prices to further rally the correction mode of the Pair. Next week market is likely to trade a tight smaller range, which may ends in the red by the end of the week.

Daily: Wave B of A-B-C- correction is in progress. A lower timeframe triangle is visible in the daily timeframe. A GGTL breakout also required lower CGD which is not formed just yet. so completion of the wave B will lead us to CGD on the Daily at the end of Wave C. 

H4: The possibility of wave E to overshoot is very likely in H4, which will end the market on the higher note. An alternate scenario could be a complex correction, which can take longer to complete. 

Next trade setup: Our game plan for this pair is currently to monitor H4 for the completion of Wave E, than we will trade short for Wave C trade. The profit target for Wave C should be 72.5

4 HOURLY

Our Technical analysis are based on Cloundra Propriety system, which has proven 85% accuracy in providing the next market movement. Readers need to learn Cloundra Trading System for them to understand this technical analysis.

Weekly: From Elliott wave perspective, we can see currently Wave 2 of Wave 3 of the most recent higher degree wave is active, A CGGTL is already broken indicating we need Upper CGD for Wave 2.

Daily: Drilling down one Time Frame lower, indicates yet another correction of Wave 4 is active of the Wave C of the higher Time Frame. We can expect to trade Wave 5( M-5) trade on the completion of Wave iv of Wave C.

H4: Wave iv is near the end, wait for confirmation by observing Price failure and higher high lower high formation to trade Wave 3 or Wave 5 of Wave C.

Next trade setup: We are aiming to trade Wave 5 on Daily timeframe, however the confirmation will be on H4 or H1 for long entry

4 HOURLY

Our Technical analysis are based on Cloundra Propriety system, which has proven 85% accuracy in providing the next market movement. Readers need to learn Cloundra Trading System for them to understand this technical analysis.

Weekly: Overall trend is downward. We expect Market to continue down over next week.

Daily: GGTL breakout, expect short until COD.

H4: Expecting CX for lower CPD. This is in line with Daily Trend.

Next trade setup: Watch out for CX after the move up to complete retracement. Our Short entry will be on the Hourly time Frame

4 HOURLY

Our Technical analysis are based on Cloundra Propriety system, which has proven 85% accuracy in providing the next market movement. Readers need to learn Cloundra Trading System for them to understand this technical analysis.

Weekly: The Current Market on the weekly time frames developed Kangaroo tail with almost all of the Cloundra bands are in the lower reversal zone. The Market is in a tight range for the last couple of weeks, and it is going to continue this week and the next. Any possible trade setup needs to find on the lower timeframe.

Daily: The impact of the Kangaroo tail is visible on the daily timeframe as well, however, a high probability trade setup on this timeframe is CX for Short and, the expectation of an upper CGD due to GGTL breakout

H4: On this timeframe, we can expect a CGD below CPC, which is aligned with the CX trade setup on the Daily timeframe.

Next trade setup: Aim for a lower CGD on the H4 and then upper CGD on the Daily and then lower CPD for CX

4 HOURLY

Our Technical analysis are based on Cloundra Propriety system, which has proven 85% accuracy in providing the next market movement. Readers need to learn Cloundra Trading System for them to understand this technical analysis.

Weekly: The Dollar is losing momentum slowly against the sterling. In the weekly time frame, we can expect  PC-2 trade, however; more price action is needed to confirm. The market has moved up in three waves sequence, so the next move should be a 5 wave sequence in the direction of the trend or Wave B of the current correction in the direction of the major trend. In either case, the expectation is a downward move. 

Daily: The Market cycle on the Daily Timeframe confirms our assessment of the weekly. Breakout of RED Trendline requires a lower COD. The current move also confirms the end of the three-wave moves of the Wave 4. 

H4: RED Trendlines breaks and COD is already achieved.  However, we can expect CX trade setup soon. The market is already hyperextended in H4, so a minor pullback is due.

Next trade setup: We are waiting for H4 pullback for our Short entry on this market, this should give us the expected COD on the Daily Timeframe.

4 HOURLY

Our Technical analysis are based on Cloundra Propriety system, which has proven 85% accuracy in providing the next market movement. Readers need to learn Cloundra Trading System for them to understand this technical analysis.

Weekly: The weekly chart is not giving any clear direction just yet, however; if WKLY GREEN Trendline breaks then we can expect an upper COD. Right now we can expect the market to retrace to the south for a week or so before it can head back north for trendline break.

Daily: The market will continue to move down to 38.2% of the previous move. once this is achieved we can expect a higher move for leg b/2 and then again to the south for C-3 type trade. 

H4: The Market on 4 hourly charts is in alignment with the Daily Time Frame, where it's required bear trend to continue to the 38.2% on Daily.

Next trade setup: We will be aiming to focus on H4 for short term trading, wait for the market to retrace on H4, before entering Short on 1 TFL.  Once this Short trade is completed, wait for the market to complete leg 2/B to the up then we will trade C-3 type trade short again. 

4 HOURLY

Our Technical analysis are based on Cloundra Propriety system, which has proven 85% accuracy in providing the next market movement. Readers need to learn Cloundra Trading System for them to understand this technical analysis.

Weekly: expecting upper COD, with WKLY RED trendline already breaks. we are expecting a minor retrace before it moves further up.  Retracement can provide good potential for profit on the long trade.

Daily: Expecting lower CGD with Gray trendline break, our expectation is that market may retest the trendline before it is final journey till lower CGD. This is in line with our weekly analysis where we are expecting a retrace to the south before moving up for COD.

H4: we expecting the completion of C-3 trade, this will shift existing COD on the H4 to the right.

Next trade setup: Aim for Daily timeframe to retest the DLY GRAY trendline, then short til lower CGD. Once this completed. H4 should also mark the completion of the C-3 trade. 
After Trendline breakout trade on Daily we can aim for PC-2 trade on Daily which will lead us to the upper COD needed in weekly timeframe