massive 600% gain in 30 days still in that track and it looks like a breakout is imminent
Can't Sleep Chart tells all Trying out this Publishing thing Thanks Brian and Nazca Projections
There is what I think the WTI crude will be coming from blocking all the white noise that are in the market, whether its political or just mere downright governance in theory. Judging from just technical aspect of the 10 years historical relevant to the hypothesis of the inverse and reverse head and shoulder formation. Geometrically, predictions via time and...
Hello traders, After the BoJ fiasco I had to restate my assumptions and my long term bias on this pair. It seems as though the BoJ wants to drive price below 100.00 before announcing massive QE programs to address their debt issues. A strong yen will highly impact exports on the downside and they don't want that. Even though I was anticipating this from much...
FX:AUDNZD Short the breakout: Buy the ABCD: Safe Trades;
Price is pressuring channel resistance and there is no sign of divergence yet, so the price could continue higher a little bit more and complete these patterns projections. On H4 chart (no sign of bearish divergence), a bearish Crab pattern can be projected that overlap the possible formations on D1 chart… will see if the opportunity presents itself.
AUD following OIL price fall, but this last it looks like that will turn up again. But for the moment, it could be a good idea to go short and see if one of the patterns projections completes. Bear divergence is present, so an entry could be found in lower TF. For long entry: wait for bullish divergence + reversal bar pattern inside PRZ
FX:GBPAUD Safe Trades;
Although the bearish Bat pattern on D1 chart is complete, the pair remains a little bit bullish. On H4 chart, bullish divergence is present and two possible patterns emerge. Wait for reversal pattern inside PRZ box to consider an entry setup. I’m more into the bullish shark pattern. Breaking support at 1.1086, could give an opportunity to go short in lower...
Some times, channels doesn’t give you an easy view of direction, but when many converge, it give you a warning to trade with extremely care. I’m expecting a big up move for this pair and the Bullish Gartley pattern looks to be the time to enter long… will see If the price hits the PRZ box of the bullish Gartley pattern, I will be watching for bullish divergence...
AUDCAD has completed a bearish Wolfe Wave setup at a crucial point of resistance. In the Wolfe wave sell zone, two 200% projections are closely aligned. In addition to this, a strong long term trendline sits at current price to provide potential resistance. To add to the bearish bias, MACD is bearish divergent and multiple missed daily pivots sit below price. ...
GBPUSD has formed a potential bearish crab which contains a PRZ that coincides precisely with an unhit pivot cluster and a potential Wolfe Wave target. As profits are taken at the pivots, price may have a tendency to reverse quickly and drastically. SL is placed above a significant support and resistance area. Profit is taken at the PRZ of a potential bullish...
EURNZD is completing a conglomerate of potential harmonic patterns to produce a highly confluent kill zone. In addition to a host of pattern completions, there is added support from a long term trendline and another strong S/R area further below price. SL is placed below the S/R area and targets placed at the .382 and .614 retracement of CD. Confluence in...
EURJPY has achieved Wolfe Wave T2 (attached below) and is completing a series of bearish patterns in a confluent reversal zone. On the longer TF, a 1.13 projection of 0X lies at the top of the PRZ. There are also bearish bat and butterfly patterns completing in the area of a Wolfe Wave SELL zone. Missed pivots lie below price which may also drag down price. ...
Morning everyone. It has been a week or so since our last post, but there really hasn't been much to talk about as we range race and chop around in what could be the formation of a larger fourth wave triangle. The Cyan 4/a is likely the demarcation point for the correction as much over that and a shadow of doubt would be cast over whether or not there is another...
Weekly bottom was formed on 15-Oct-2014 which is one week earlier than our expected ES bottom on this week ended on 24-Oct-2014. The price closed well above the critical sentiment level of 1941.50 on Thursday 23rd and continued the move on Friday 24th towards critical resistance lines 1965/1966. We are looking to buy the dips to 1940-1942 levels and if the price...