Howdy, This could go either way so worth keeping an eye on this pair as today's candle has not finished yet We have as you can see resistance but that could break through and retest as new support to go higher or create a new lower low. As always any feedback welcome good or bad.....still learning before I go LIVE
GBPUSD : Shark going to 5-0 Pattern ?
We will see this Pair going very higher the next months... till 1.17000
Another mostly technical play, capitalizing the upward momentum that exists for this pair and yen pairs in general. I picked the hourly over the 4hr this time mainly b/c obviously the trade ends alot quicker. Expected Price Target 124.10
The double top of yesterday broke down, although it did not go straight down to 240, we were able to take profit. Unfortunately that same pattern is not visible on the huobi charts, where there was a weird head and shoulder / triple top-ish pattern. Nevertheless, all charts where pointing down. Today I use BTC / CNY on huobi for chart because it illustrates a...
I think this pattern is not confirmed so the price go up !
On the 1W chart we have a complete 8 wave cycle about to finish off. Elliot wave ABC correction is in full swing at this moment. Based on the fact that C should be lower than A, we will see prices around 25-30 USD per barrel before going back up again. Note that wave B consisted of a rising wedge, which once it breaks down should have the same length as the...