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Follow up: wk22 2022 Forecast progress

Based on previous post: https://www.tradethevolumewaves.com/post/to-monitor-wk22-2022


As mentioned in my previous post Monday was a US bank Holiday and we could have a lot of distorted SIs because of closing positions on Friday.


Let's see what we got to far:


NZDJPY that Abnormal SI was Hard to move down and became a PRL breaking 61.8 Fib. After that we had another PRL therefore the trade was obvious, 112 pips up to the next 61.8 Fib

Before

After



USDCAD - I was waiting some kind of reaction in the Fib Area but nothing significant at least so far. No entry. Price kept going down.


Before

After



EURCAD - These High SIs (22.8, 15,9 and 14,7) on the up waves of the Fib range as priced progressed were obviously hard to move up but I did not get a signal on the Exit therefore I did not enter. Price advanced to the next Fib Area with an overshoot of 61.8 Fib (yesterday's news).


Before

After



AUDJPY I mentioned on my previous post " It looks like as we approach Resistance SIs are increasing therefore probably having a Hard time to move up but let's see happening - no entry yet" . That was not the case it was closing positions on Friday, trend continued upwards with one false and two correct signals.


Before


After



AUDCAD I mentioned on my previous post: "I will not comment on the pattern, my VIP members know exactly what that is. I have marked the entry and the 1st target for Short for sort terms but my bias is Long for long term."

But we never broke in the immediate waves and started ranging the pattern is not valid anymore, therefore no Entry.


Before

After



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