SharifAzadeh

SharifAzadeh

After a massive fall because of a hike in interest rates in Turkey, EURTRY bulls managed to stage a weak recovery within a corrective channel. I think the channel will be broken to the downside soon. Good luck, Ali Sharifazadeh, CFTe

SharifAzadeh

All is clear. On 15.1.2015, the notorious Swiss National Bank (SNB), abandoned the its 4 year tradition of defending the 1.2 level and caused a chaos in FX markets with great consequences. Now and after more than 3 years, the bulls have propelled prices up to this magical level and the Elliott Wave structure also calls for ending of a prolonged move. Also note...

SharifAzadeh

Bullish Shark and ending channel point to higher prices ahead. Good luck, Ali Sharifazadeh, CFTe

SharifAzadeh

After a decent rally, the NFP caused the bulls to lose strength and now we face a bearish H&S pattern. Breakdown of the neckline is the short trigger. Good luck, Ali Sharifazadeh, CFTe

SharifAzadeh

A bullish H&S pattern has formed in the PRZ of another bullish Shark pattern. I expect another push higher for wave ii before the fire and fury theme returns in force. Good luck, Ali Sharifazadeh, CFTe

SharifAzadeh

#Bund chart is at a very critical point. This area had previously served as both resistance and support multiple times before. If bulls manage to break this stiff resistance upwards we can say the reflation trade is going to be dead for a long time, but if they fail and price descends impulsively, yields will soar globally and stock markets will crash. Good...

SharifAzadeh

After having a great run in 2017, bulls failed to make a new high in the daily chart. In the past week, UK PMI reports all disappointed. If the recent swing low @ 1.3711 is broken, we can safely assume the uptrend is over and a lengthy downward correction will commerce. Good luck, Ali Sharifazadeh, CFTe

SharifAzadeh

A bullish Bat pattern has been formed in Bitcoin and higher prices are expected. I have offered 2 options to consider as long triggers: 1- Break up of downtrend line drawn on RSI 2- Break up of the latest swing high Good luck, Ali Sharifazadeh, CFTe

SharifAzadeh

I think all JPY crosses are ripe for a counter-trend rally and EURJPY is no exception. Long term traders are advised to wait for better, higher prices to go short. Good luck, Ali Sharifazadeh, CFTe

SharifAzadeh

This bearish Bat formation might usher in a long period of descending prices ahead. I have specified the entry, SL and TP levels on the chart. Good luck, Ali Sharifazadeh, CFTe

SharifAzadeh

After Gartley formation, #DXY started a massive rally but it is approaching the top channel resistance. I expect a corrective downward move before this channel gives way and we witness a durable rally in DXY. Good luck, Ali Sharifazadeh, CFTe

SharifAzadeh

AB=CD, Shark and classic support. Good luck, Ali Sharifazadeh CFTe

SharifAzadeh

This bullish Crab has the potential to reverse the course, at least on a temporary basis. Entry, TP and SL zones are specified on the chart. Good luck, Ali Sharifazadeh, CFTe

SharifAzadeh

With a 123 Pattern formed, I favor long positions on a short-term basis. Good luck, Ali Sharifazadeh, CFTe

SharifAzadeh

#XY is strengthening after reaching the lower boundary of the channel. A minor upward correction is expected before heading south again and reaching 96.3 support area. Good luck, Ali Sharifazadeh, CFTe

SharifAzadeh

This pair has broken down its upward sloping channel and is now reached a support area. I expect a minor upward correction and then another down leg towards the next support level. Good luck, Ali Sharifazadeh, CFTe

SharifAzadeh

A bullish Butterfly and and Bullish Reciprocal AB=CD converging in the uptrend line convince me that higher prices are to be expected. Good luck, Ali Sharifazadeh, CFTe

SharifAzadeh

With RSI down trend line broken after the HD+, I favor playing long for another run towards the upper range of the channel. Good Luck, Ali Sharifazadeh, CFTe