848evo

Gold is running out of upward steam and we are looking at a move back down now toward a major support area.

GBPJPY appears to have bottomed out and should be a good time to go long for a ride up to a major resistance area.

PA has shot up and I'm waiting for it to hit and do a confirmed bounce off the 1289 area before I enter short targeting 1260. We see a confluence of resistance at 1289 based on re-test of D1 broken TL, resistance cluster, and 61.8 fib based on EW waves.

PA has attemped a 2nd and last test of the falling TL. From here I believe we should finally start the down momentum to target 1.20.

I believe PA has hit ultimate resistance and completed the flag pattern. PA should now continue dropping to target 127 first, then possibly 125.

PA has hit the upper falling TL as well as completed an AB=CD pattern and hit the 61.8 fib level. Very strong resistance, we should see a fall down from here.

PA has moved up to hit a confluence of the 272 extension, as well as the daily TL and minor TL. Expecting a drop from here back down to 104.

PA is re-testing the previously broken TL and we should see a reversal around this point back down to eventually hit 1.20.

PA has reached a key historic S/R level and we should see at least a bounce if not a full reversal back down from here.

PA has created a double top and expecting a move down to test the 0.99 area.

PA is approaching the last strong sell cluster and I'm expecting a bounce off this level and a drop back down to the 61.8 fib level.

PA is struggling to break to new highs and I believe once PA takes out the cluster at 127.684, we'll see PA start to drop to target that large sell cluster at 124.663.

PA is making the retrace back up to re-test broken support as I had previously thought in another post. Look for PA to bounce off the re-test and continue heading down.

PA is coming down to a support cluster as well as the 1.618 fib extension, expecting a bounce here to re-test resistance.

PA is currently just making a pull back after yesterday's bear run. Expecting pullback to test the 38.2 fib before dropping back down again.

PA has hit the 61.8 extension and VP is at a high, looking for a reversal down from here to target lower clusters.

PA has taken out the large cluster at 1.09 as well as hit hard resistance from the 61.8 fib level. VP is also at a low. Looking for a big reversal back up from here. Two potential targets up top, will update as trade progresses.

PA is currently stalled at the 272, but I believe we will see a further move up to hit the 61.8 fib / upper sell cluster to finish this divergence correction and then we should see a continued drop down as the DXY regains strength.