Mennzz

Mennzz

Continued short to 1.092, followed by a bullish retracement to around 1.12. Have fun trading! :D Not responsible for any trades based on the premise of this idea. Trade with caution.

Mennzz

Price could be following an ascending channel to a new high of 1.1584, followed by a full bearish retracement to 1.1198, then another minor leg up to around 1.1545. Stay alert, trade with caution, and have fun! :D Not responsible for ant trades based on the premise of this idea. Trade with caution.

Mennzz

Price looks to have stopped at the 1.1058 support level suggesting a trend continuation for the bulls to a large high of 1.196. Any significant bearish move beyond 1.1058 could invalidate this idea. Have fun and watch for sharp fake-outs! :D Not responsible for any trades based on the premise of this idea. Trade with caution.

Mennzz

Could price bouncing off a recent support level aid in the idea that EU is ready for another bullish move to the upside? We'll see! Keep alert and stay cautious! :D Not responsible for any trades based off the premise of this idea. Trade with caution.

Mennzz

Ghost represented candlesticks showing what price might look like if it continues down to the Fibonacci retracement (at 1.0967), followed by a fast move up to 1.15. Have fun trading and keep alert! :D Not responsible for any trades based on the premise of this idea. Trade with caution.

Mennzz

A very strong support level could make AUD bounce of the 0.78 mark and continue up towards 0.832. Watch for fakeouts and have fun trading! :D Not responsible for any trades based on the premise of this idea. Trade with caution.

Mennzz

An alternative theory to the linked one.

Mennzz

After a whole week of continuous bullish action, we could be up for a surprising bearish retracement, which if it happens could reach close to the 1.0864 mark; It would swiftly be followed by a moderate bullish recovery, reaching an incline of around 1.1410, though, it should be noted, if price at any time passes the 'Invalidation Point' shown, this idea could be...

Mennzz

This is only an opinion and an experimental theory. Trade with caution.

Mennzz

It's spring! The Graph explains it all! :D Not responsible for any trades based on the premise of this idea. Trade with caution.

Mennzz

For the rest of this year and the next, I'm leaning more and more towards the bullishness idea for which price action may insist on taking. This bearish leg down since May of 2014 seems to be settling at the bottom of the 'blue' trend-line support area, suggesting that PA may yet be in for another bullish wave unfolding within the next year or two. Anything is...

Mennzz

A second bearish leg downwards to 1.018, followed by a bullish retracement to 1.092. Not responsible for any trades based on the premise of this idea. Trade with caution.

Mennzz

We could see a bullish candlestick today, followed by a bearish retracement downwards to around the price of 1.056 and a second twin bullish wave upward to just above 1.12. Watch out for strong fake out moves and a break of Friday's daily low which would very much invalidate this idea. Have fun and trade with caution! :D

Mennzz

The hyper-bullish candlestick last Wednesday was most definitely a hint of future things to come. But for now, the bearish trend should still be in play for at least one last "fair-well" leg down till the heavy support level of 1.012 is hit --right in line for the swath of thirsty bulls coming just in time for an upper (long-term) retracement set for the summer...

Mennzz

A probable bullish move is in play to around 1.1638 which could very possibly trigger another downward leg to around 1.011. Watch out and trade with caution! :D

Mennzz

Bearish trend continues to 1.011.

Mennzz

I'm expecting a bullish move upwards toward the 0.382 Fibonacci retracement of the previous bearish leg down. The weekend opening gap-up suggests that we will be seeing a bearish candle for Monday, followed by the drawn bullish move upwards. Stay alert and trade with caution. Have fun! :D

Mennzz

The two previous wicks suggest that we may see a bullish retracement to around 1.20, allowing some steam to settle, followed by some undecided ranging and possibly some further bearish moves.