Exactly what I have drawn, please check the previous post about BTC below. Green line has an expected movement Terms and short forms! T - Trendlines (T1,T2... etc.) S - Supprt levels (S1,S2... etc.) R - Resistance levels (R1,R2... etc.) TP - Take Profit SL - Stop Loss F - Fibo Levels (F23,F61... etc.) Check out my next stream "Group from Moving averages...
Price has reached our both targets T1 and T2 Still long on USD TRY, there is no any arguments why TRY can be stabilized Check out the educational stream about pattern Sperandeo www.tradingview.com
Price is still playing with T1, I can not confirm that the pattern wedge is finally formed or not, but still we have range above T2, so there is a chance that this pattern will work normally. I would recommend to long USD JPY above 38% level of Fibonacci Check out the educational stream about pattern Sperandeo www.tradingview.com
Still testing T1, but I still not recommend to short GBP, let's wait for more technicals Based on the pattern Tiangle GBP may rise sharply against USD. This movement can take over 2 months, usually the pattern is brocken on 5-th touch. Now we have an opportunitie to trade from point 4 to point 5 and then if price will cross T2 trendline, we can long GBP for...
Forecast and tracking on AMZN. Actually pattern wedge (T1-T2) was formed normally and also wos tested under T1 trendline. Technically we have a strong sell, but online sales will anyway rise before christmas, so be careful
Trend is moving under our forecast, now next target is 12275.90 Check the post before to compare
US Federal Researce havn't made decision to implement cryptocurrency eat. BTC is gradually rising and just broker the pattern triangle on point 4m which is the signal for the next move up to 11800 level.
Price has just reached Target 1, great place and time to fix the profit and relax. Now we need wait for monday, in my opinion Target 2 will be also reached during next 2-3 weeks, if there will not be any fundamental changes
Expected movement which I have offered is done. How I would recomend to close yout profits and wait for monday. Fundamentally - US unemployment claims was negative today (Last 845K, New 898K ), so it is good time to relax and wait market reaction
The pattern wedge has worked well, now price has stopped on fibo 50% level of last trend on daily chart, if price will cross this level, you can trade to next fibo level 61% (138.92)
Checkout the trend channel 1,2,3,4,5 - which shows expected movements. Usually parallel channels are crossed on point 5, so now you can trade to point 5 and then after crossing. But follow the fundamentals, anyway technical analysis is only for entry and close level calculation Also check the related link for long term forecast
EUR is overloaded, it's risky to go long now. I expect strong sell for next several days, BUT this is my expectation based on sentiment and fundamental analysis, so we need a proof and spetial technical signals to go short, we need exact points and targets. On H4 chart I see strong pattern sperandeo, which can give as that targets T1 is first and the most...
Correction of the last signal ! Close your profit, price can change its direction, due do US unemployment and payroll data. So we can make decision only after this news...
Following last signal, inside the pattern triangular another pattern head and shoulders was formed, which can be the argument that price will cross T2 trendline. But we can make final decision only after crossing
Following our signal on USD TRY (Posted one week ago). Pattern sperandeo was not formed ideally, but signal was right, still the target is S1 support level 5.9880
Monday morning, great week ahead - unemployment data from Europe, Non-farm from USA. But today more concentration on technical analysis, check pattern bullish Head and Shoulders on EUR - USD currency pier (H1 timeframe). If price will cross T1 trendline- the target will be 1.1023. Be careful as it is Monday and price still can test 1.0905, last week lowest price....