A strong rise in price manages to break the level of resistance.
Price started trending UP since May 11 Now NU has been in corrective pattern since June 14 at big figure 7300 and weekly Trend line creating resistance Price Rallied and failed to break mid figure .73500. My entry was june 14 high .73200 Correlating audnzd bullishness indicating a weaker nzd as well as a strong dollar over the next few months Entry...
I think it will go past 300, verry shortly,because the paterns show it.
i think sia is going to make a big move, 1200 maybe more, keep your eye`s on this one !
I'm expecting a very big impulse similar to the one on the left in the next coming months it should move as quickly as the primary impulse did. do not miss this move. will update as i see fit and if the structure changes telling me otherwise.
Just as american indices the Elliott count suggests that the "big short" is coming a bit later ! Anyway there's no point buying the current prices either.. Buyers must get out here and wait for better prices to come back in for the last ( III ) wave before we get to reach the final supercycle count.. Which will mean that we will finally be able to get that...
As you can see we have a very strong support and double bottom after bearish May. I expect in few days a move up and going back to TOP5 (4th place in market capital) Long term till end of June - TP 0.02 Good Luck!!!
GER30 INDEX:DAX Following on from the previous daily/weekly analysis (right below), the intraday H2 chart shows that the market could still need to run for a 5th subwave before reaching the ( III ) cycle end. As we can clearly identify a 1st wave expended impulse for this last move, we can plot a theoric target at 61% extension of subwave 1 starting at current...
XCUUSD Copper Spot: Interesting chart pattern that offers opportunity for shorter term traders and a great short set-up with 10% downside if triggered later this Spring
breakout of long term structure and flag to the upside is likely although one more move down possible.
usdjpy at trend line, expecting breakout and flag to buy but has a chance for one more down move. watch this one will be a big trade earthier way.
hey guys just a general idea on the oil price, this week we found out that the oil prices are falling which is bad for the Canadian dollar. Canada ranks 1st in the production of oil. So this might weak the Canadian dollar for a Micro trend which is now heading north. Hopefully i think you guys caught the big move last week on the USD/CAD as it was shown on my...
GBPJPY has been very calm in the last days. If look to the trendlines and follow the rules of technical analysis, means that GBPJPY is about to make a big move up. Of course it's not 100% sure, but it's possible.
As you can see, we've been consolidating with very little movement last week. Actually, it's the weakest weekly candle since the year of 2003! Quite possibly resetting Indicators for a big move. As it appears, we might be at the cliff right now. It's edging on the 1.0 handle of that wide upsloper. If it dips below it, we might be negating that C and move towards...
EURJPY has just broken its pattern with an impulse to the downside. After a continuation pattern look to enter short. Good luck guys
A strong head and shoulders and on the Daily could be forming soon. Or just a breakout of the trend line.