With the current stop hunt going on, it is safer to predict that as soon as we reach or have a high peak formation, the price will go down. Following safe precautions, it is safer to enter below 71.715 price
Almost done with the WVVM formation, waiting to see if we'll have a major stop hunt. Expecting a peak high formation from next week, for now focusing on a possible short sell during the intra day trading
strong rejection on the downtrend which formed a neckline and am expecting a rejection on the right shoulder. A breakout on the neckline will only be confirmed by a re-test and if it fails then a downwards movement must follow for long trades
the Elliot impulse wave (12345) was completed successfully and now am expecting a correction wave (abc) after a rejection at 1.14165 and a breakout at 1.13990 which must first re-test and get a rejection to form A.
the dollar/yen has been going down until a double bottom was spotted 110.467 and an upward movement was made due to the Aussies employment change. the uptrend had a resistant line at 110.891 and was supported at 110.773 hence the head and shoulder pattern was spotted using a 15m time frame