We will see if we are still valid with thse positions, so far structures have been decent. Details in chart.
this will be valid towards the 144 region unless we get breakdown of structure.
We will see if wave counts are correct. We got 5 waves up from the May 18 lows that unfolded to the high of 1.2260ish on june 5th. Rest of the details are in the chart if you are familiar with wave analysis. Im seeing this as a correction to the 5 wave impulse we got and reacting at a daily buy zone. This position is still active and valid til further notice. I am...
Details in chart looks like 3 wave correction is complete.
Regardless of fundamentals, we have a wave sequence again on this pair.
Lets see if this latest pattern is a continuation of the larger trend. Invalidation below 1675
Based on the current structure and the story I see on the weekly and monthly might have this pair at a reversal point. Note we have 2 options with this set up with what is happening in the current triangle. We have bearish and bullish scenarios. At the moment I will lean with longs with upside targets and details in the chart. Or they can go on a liquidity run for...
Details in chart. Im expecting push up to the blue box zone from current levels.
Despite news that has been coming out about the fed ex earning, etc.. I am going to be bullish in the near term on the price per share exceeding the $200 mark. Significant psychological level holding along with wave sequence, we will see how this one develops the next few months. Constructive criticism is more than welcomed on this stock. I will be personally...
Short position to begin with, depending on economic factors, etc.I personally used to work for this company in the past before I got in the markets and this companies stock has got me pretty intrigued with the innovation they are having in the waste disposal industry. Main target 94.85. Will re assess if there are any prices in structure and price developments.
We can see the psychology behind the markets. Waves remember are tied to investor sentiment when abided by the strictest of rules. Markets are not random and can be predicted if read correctly. Impulse moves on usd pairs to push them to their agenda.
Description in chart, wave levels in confluence with supply and demand
Refer to my other posts on waves. But here we can see a clear correction on GBPJPY, personally this can be any wave structure, im expecting some fundamental news to drop this price a bit and then rocket. Or we could alredy be heading up from this level. Retracement levels and target levels are on the chart. Just my view. Waves have been powerful its not even...