Pacorretaco

Pacorretaco Updated 

Banco Popular is in a massive downtrend. However, It is showing signs of possible reversal --- Sharp impulse which broke previous structure, and a consolidation which seems to be about to end. Looking for buys seems like a good idea Good luck with your trading

Pacorretaco Updated 

Copper is in a big down move It has finished a 3 wave correction on wave 4 There is a very good chance that the next and last down move is starting right now. Therefore, looking for sells in the lower time frames seems like a good idea. Good luck with your trading.

Pacorretaco Updated 

CAD is in a corrective structure, which will end sooner or later. I don't think think it is breaking very soon, in fact, it could go up some more, but a smaller move down seems possible now. Thus, I will be trying to sell every time it shows signs of turning in the lower timeframes. I am not an expert, so if you see something that I didn't, see, please share...

Pacorretaco Updated 

Based on structure, and a bit of divergence, I think a lower degree correction seems possible if it breaks, before starting to go up. I am not an expert, so if you see something that I didn't, see, please share your thoughts; we are all here to learn. (Me being the first) Good luck with your trading Cheers!

Pacorretaco

EURUSD seems to be making a relatively well defined triangle pattern. If it develops harmonically, like the book would have said (yellow line), we should see another move up after a retest of lows before ending. However, another possibility occurs to me (purple line), which is that it went up now and finished the pattern sooner. Which one do you agree with the...

Pacorretaco

As our good friend Anil has been saying since long ago, I think AUDNZD Is starting to make the next big move up. Now that the bigger correction seems to be over, looking for buys seems like a good idea. Cheers

Pacorretaco Updated 

Very nice Risk/Reward, Targets at strong Fib confluence and potential harmonic move, although this may be one trade to keep.

Pacorretaco

RSI says maybe not yet, but while Nvidia may feel stronger than ever, perhaps global economy isn't able to keep up with the pace. Only time will tell.