MrHow Moneydownloading FX

MrHow Moneydownloading FX Forex trading

*XTIUSD 1H | Result* _Apr 17, 2026_Setup played out exactly as mapped. After completing the W-X-Y correction at (Y), pri...
17/04/2026

*XTIUSD 1H | Result*
_Apr 17, 2026_

Setup played out exactly as mapped. After completing the W-X-Y correction at (Y), price rejected and broke 92.64 support.

Impulsive drop followed, tagging the *84.82* target zone. Current price 84.44.

*Result*:
- *Entry Zone*: 92.40–92.65 ✓ Triggered
- *Target*: 84.82 ✓ Hit
- *Move*: -820 pips from entry to target
- *Invalidation*: 93.26 ✓ Held

Clean structural play. The market respected the count and delivered the projected move.

*DXY 4H | Before* _Posted: Apr 14, 2026_U.S. Dollar Index corrective structure. Wave (A) of larger degree completed at 1...
17/04/2026

*DXY 4H | Before*
_Posted: Apr 14, 2026_

U.S. Dollar Index corrective structure. Wave (A) of larger degree completed at 101.00. Currently in Wave (B) pullback.

Expecting Wave (B) to terminate near *97.00–97.50* support before Wave (C) rally begins to the upside.

*Projection*:
- *Direction*: Bearish short-term for (B), then strongly bullish for (C)
- *Wave (B) Target*: 97.00–97.50 zone
- *Wave (C) Target*: 104.00–105.00 area
- *Invalidation*: H4 close below 95.50

Dollar weakness first, then strength. Watching for (B) completion before the impulsive (C) leg.

_Chart marked for forward testing._

17/04/2026
*USDJPY 4H | Elliott Wave Analysis*Wave (4) contracting triangle has completed at 157.80, terminating at point (E). Pric...
17/04/2026

*USDJPY 4H | Elliott Wave Analysis*

Wave (4) contracting triangle has completed at 157.80, terminating at point (E). Price is now breaking out of the structure while respecting ascending channel support.

*Trade Plan*:
- *Direction*: Long
- *Zone of Interest*: 159.20 – 159.60 retest of triangle breakout
- *Target*: 163.00 – 164.00 to complete Wave (5) of the larger degree
- *Invalidation*: H4 close below 157.80

Risk management is key. Structure remains bullish while price holds above the wave (4) termination.

_Not financial advice. Trade your own analysis._


---

*XTIUSD 1H – New Setup*WTI Crude Oil looking bearish after completing the W-X-Y correction. Price rejected hard at (Y) n...
17/04/2026

*XTIUSD 1H – New Setup*

WTI Crude Oil looking bearish after completing the W-X-Y correction.

Price rejected hard at (Y) near 95.00 and is now breaking 92.47 support.

*Setup*:
- *Entry Zone*: 92.40 - 92.65
- *Target*: 84.82
- *Invalidation*: Break and hold above 93.26

Expecting a strong move to the downside from here. Watching closely.

gold before n now
16/04/2026

gold before n now

SPX
16/04/2026

SPX

NASDAQ before n now
16/04/2026

NASDAQ before n now

EURUSD 4H before & now
16/04/2026

EURUSD 4H before & now

Gold before and now
16/04/2026

Gold before and now

Address

Limbe
Blantyre
MRHOWFX

Telephone

+265880808771

Website

Alerts

Be the first to know and let us send you an email when MrHow Moneydownloading FX posts news and promotions. Your email address will not be used for any other purpose, and you can unsubscribe at any time.

Share