SharifAzadeh

SharifAzadeh Updated 

Bearish AB=CD. Breakdown of the 0.7495 support should be considered as the short trigger. Good luck, Ali Sharif Azadeh, CFTe

SharifAzadeh

It seems that this pair is carving out a Bullish Bat for the B wave and we will soon witness some mild buying interest to complete the ABC correction. Trigger for the longs would be breakup of the descending channel, targeting 1.11 against 1.09 stop loss. Good luck, Ali Sharif Azadeh, CFTe

SharifAzadeh Updated 

In my latest analysis on this pair, I expected a sell off based on the bearish Bat pattern: Now and considering these factors I favor going long for short term: - Large Inverted AB=CD - Gartley - 5 wave structure completed in the lower time frames Good luck Ali Sharif Azadeh, CFTe

SharifAzadeh Updated 

Confluence of ratios both in price and time. Good luck, Ali Sharif Azadeh, CFTe

SharifAzadeh

On 17th of April, this pair started a decent rally. In fact that date was a significant low. Then on 29th of June and in the midst of the Greek political crisis, there was another significant low. By connecting these 2 major lows, we have a reliable trend line to work with. By projecting a parallel line through the top made at 4th of June, we had an upward...

SharifAzadeh

There is a high probability scenario that we have 5 waves down in EURUSD which implies we'll have a serious upward correction from now on. The concentration of several important ratios call for completion of the 5th wave: - 100% of Wave 1 projected from the end of Wave 4 - 38.2% of Waves 1 through 3 projected from the end of wave 4 - 261.8% extension of Wave 1 -...

SharifAzadeh

A distinct bearish Bat pattern has formed which calls for an end to this bullish correction. Breakdown of 0.9488 support will usher in the new ear of bearish power. Good luck, Ali Sharif Azadeh, CFTe

SharifAzadeh

A clear inverted AB=CD pattern has been formed. Also a bearish Head and Shoulders pattern is visible, especially in lower time frames. Another point worth of notice is the break down of the ascending trend line drawn on the RSI indicator. All of these signs indicate that the bullish run might well end this week and this pair heads back to the south again. The...

SharifAzadeh

On the back of weak commodity prices and a higher inflation in Euro Zone, this pair had started an amazing rally since April which came to an apex during the dramatic scenes of 24th August. Now that the commodities have started decent rallies recently on one hand and ECB's Draghi today has signaled a willingness to expand the QE program if needed, this rally is...

SharifAzadeh Updated 

This bullish Head and Shoulders pattern might well usher in an advance towards higher levels for Japanese stocks. I think the typical target for bulls is to fill the gap. Good luck, Ali Sharif Azadeh, CFTe

SharifAzadeh Updated 

This bearish Inv AB=CD might cause a pause in the bullish run. Good luck, Ali Sharif Azadeh, CFTe

SharifAzadeh

I think this pair is in the 4th wave and should soon head to the south again. Break down of the regression channel can be a good trigger. Good luck, Ali Sharif Azadeh, CFTe

SharifAzadeh

This bullish H&S pattern will cause a decent rally, should the bulls take out the neckline. Take profit and stop loss levels are shown on the chart. Good luck, Ali Sharif Azadeh, CFTe

SharifAzadeh

It seems that the latest diary auction which disappointed has nailed the coffin of Kiwi, at least for now. Expect the decline towards the 0.6615 at least. Good luck, Ali Sharif Azadeh, CFTe

SharifAzadeh

In the area I have shown on the chart, a bullish AB=CD completes in 50% retracement which overlaps with the lower line of the 50% pitchfork. I will be long there. Good luck, Ali Sharif Azadeh, CFTe

SharifAzadeh

This pair has been in a trading range box for the few past days. Now the time is ripe for a breakout. Which way? I bet higher but beware of the stiff resistance overhead, at 1.56 area where a massive bearish Bat awaits the naughty bulls. Good luck, Ali Sharif Azadeh, CFTe

SharifAzadeh

All data you need is shown on the chart. Good luck, Ali Sharif Azadeh, CFTe

SharifAzadeh

I don't think the commodities have made a reliable bottom yet. In Elliott wave terms, I see one more wave down coming which should be the 5th wave of the 3rd wave of the C wave starting from 2008. Good luck, Ali Sharif Azadeh, CFTe