At end of wave-Z, either its completed wave-4 on major trend (in that case counts as WXYXZ are correct) or its just 1st part of wave-4 (in this case it is only full wave-A as 12345 instead of WXYXZ), but in any case, if these counts are correct, we will see a #Bullish action for #YellowMetal soon !
**************** Full Report Below Please Read****************** Over the last 30 years Crude oil consumption has steadily increased worldwide. Each of the last 30 years has seen an average increase in consumption of 1.57%. Firstly it must be made clear that no matter the current state of oil supply, it is a finite resource. There is certainty that in the future,...
Over the last 4 months USDJPY has not been able to penetrate (close above) the 124.00 Resistance level. Its is also extremely overbought. Long term TA is more important than you think! Please leave a like if you found this interesting!
Monthly chart showing weakness with the trend bearish, price broke under the $100 round number and has support at key $90 pivot level which has acted as both support and resistance several times. Weekly chart is bearish making LL and LH as well as trending under the 200 weekly ema. The daily is trending strongly with several unfilled gaps down showcasing weakness....
Hello traders, I've been looking at this pair for over 2 and a half hours completely analyzing it and I feel very confident sharing this with all of you. I've taken the structure highs and structure lows for the past few swings and have analyzed them due to their stark similarity. If the pair continues past the 1.07 level, I plan on holding this as their is a...
LOOKING FOR A BUYING OPPORTUNITY AT MY BUY ZONE WHICH IS IN CONFLUENCE WITH A FIB LEVEL AND A 3RD TOUCH OF THE TREND LINE. A BREAK OF THIS BUY ZONE WILL LEAD DOWN TO MY NEXT BUY ZONE. FUNDAMENTALLY THIS TRADE IS ONLY GOING IN ONE DIRECTION IN THE LONG TERM BECAUSE THE BOE (BANK OF ENGLAND) STATED THAT THEY ARE CLOSER TO RAISING RATES WHICH IS EXPECTED TO BE THE...
Key suport area tested 3 times and now looking for to Buy after crossing 100MA on 5 TF. Pretty good TP and SL. It wont kick my ass since this is a low risk trade.
Drawn S/R on W1 very strong levels, Fib retrace shows 38.2% reversal occuring CCI Dropping. First target 23.6% - Second 0% - Stop on kumo support but will we test it at all? who knows :)
Week of 4th of June 2012 signals the dawn of uptrend with RSI making a new high at the level which will prove to play in important level. Week of 13th of August brought first correction of uptrend to about 0.764 from 17$. Week of 8th of April 2013 brought the next top of approx. 250$ before a 14 weeks correction to again cca. 0.764. Week of 25th of November...
CORRECTION: The entire Match Group is IPOing, and Tinder is a part of it. The IAC group owns more than 150 brands, including Ask.com, About.com, Investopedia and Tinder. Many of its brands have gone on to IPOs, and Tinder is up next. IAC just went through its ALL TIME HIGH on the news that Tinder will IPO. On a growth run since 2009, they are in a very good...
Idea is based on Elliott wave theory with use of stochastics for wave identification. Fib extensions are used for targets/reversals identification. More info (targets/stop loss) on the chart. Good Luck
Here is what may happen if the market breaks the key support level that I showed on the chart below. Well if one of those will occur (especially Cypher Pattern) then we may see a beginning of an uptrend.
Well I know it may look like a joke, but still - we have a 6 year Gartley Pattern :D This could be a good time to make a longer term investment. It's possible for the market to retest 14-15$/oz. Estimated profit - around 75% (24-25$/oz).
Here we see a solid Cypher pattern on the dollar index. the reason i have elected this trade is because the cypher pattern here suggests the market will complete the larger crab pattern on the daily chart. I believe that this completed cypher pattern will rally short all the way down into the 1.618 extension of the BC leg. I have placed my entry at the lowest...
This is a technical based: 1. Ichimoku: Lagging line has penetrated through the bearish cloud = Bull Alert : The price is above the cloud. : The price above the conversion and base line : The conversion line is also a s/r level. Possible retest of the likely needed. 2. MACD has failed to cross. Alert:...
Projection of the market based on long term analysis since 2000. Double top that broke to the upside in May 2013 and has reached the Fibonacci resistance.
An update of an older chart, changed a bit the cycles to integrate better in the chart structure and fib channel ratios. More about the chart can be read here The range of the cycle we are in now looks much more similar with the previous ones now and clearer with its downtrend line. If it gets broken, then this is not valid anymore. Good short oportunity in this...
Adter possible sideways in the 210-230 range, I think we shall inevitably break 210, which should bring us into the next stage to accelerate the downtrend. The target is preliminary, at that moment will watch the volumes on selloffs for the shorts' target. Previous Chart about another trend perspective with similar target: Also older chart of market...