Considering a bearish market, the winratio seems fine. Adjust to your own feelings! This position has some promising moves, @/t/p 1.24397
30 Years Treasury Bond weekly chart Broken Tentative Up Trendline. If the 30 Years Treasury Bond is closing the week below the support ( 3.27 ) level, it may trigger more bearish move.
Update 5 is a major correction to Update 4. Indeed the night I posted the earlier update, China decided to re-correct the price downward following my red bearish line due to low volume. I guess there was a slight delay which I did not take into consideration. So were back overall bearish for the short-term (next 7 days) I will keep this simple: > Set your buys at...
I see 3 different fib patterns. The light blue completed when usd/cad reached 108.75 last night. this setup the next leg (dark blue fib), which would give us a price target of 108.00. If you look back further we will see a longer term fib move (light green). the 108.60-90 is a key area. if it breaks below, we have room for this to drop all the way down to 106.00
As always, I love price breakouts and using Fib levels to understand where the market should head to next. If we can see USDJPY break above this downward trendline, (which will then become support) and if we can see a little price action remaining above it, we should look at this continuation of the ABCD pattern. However, we have to be aware of this new downward...
EURUSD just dropped down to a support level that i have pointed out. we might see a little rise and bounce of 38% retracement. Then is it headed down to the 1.618 (price 1.3770) which is close to same value as FIB drawn from yesterday.
News just came out making EURUSD drop. If we see this climb up a little, some profit taking, we could see resistance at 38% retracement and then drop down to the 1.3770 level. which is also close to same value applied from yesterday.
price and short term EMA just moved above my long term EMA. We might see some price pull back to the long term EMA, which now should become our support. I would like to see the mid-term EMA rise above the long term, and then we can start following more momentum moves up.
We have a recent uptrend in EURUSD and currently seeing a natural retracement (pullback). If we can see some support at 1.3850 and the market climb back about the 1.3865 we could see a climb all the way to the 1.3915 level which is the 1.618 Extension on this current uptrend. However, if we see the market drop a little, we could see further decline, at least...
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