From 11846-11720 today low so far is about 126 pips , what happens from here it either consolidates this move between 11720-11770 or can exceed to 11790 then continue lower. 11720-11688 is now crucial as it could consolidate within the 11846-11720 price zone for some time. Break above 11800 = 11820-11846-11909. Break below 11720= 11700-11688 then: 11638 +/-(15...
EURUSD is at a critical juncture and within the upside resistance zone 11820-11840 where ab=cd @ 162% 11835 and actually price tagged 11846, exceeded my analysis by 1pip thereafter went into consolidation. Since the ab=cd move is completed and now everyone will be looking to short around these levels then they could be in for a shock as the move from 11688 could...
From my last post gold missed my target zone by 1 pt 1251(1250-1240), however all is not lost as it continued with the script and continued higher It has moved up from 1204-1288 quite a move and likely to break out above 1295-1300. Consolidation probable between 1250-1288, support between 1270-1260 then continuation of move higher. Breakout above 1295-1300...
It did not work out as planned , EUR tested the lower side of 11700(116889) and since that low it has moved higher. Eurusd did work out according to plan and was prepared for diversion which was the break of 11700. FROM 11688 it has corrected in an ab=cd (100%) @ 11785, 2 options from here: 1. it either goes higher to complete ab=cd @ 127=11800 +/-10pips or @...
EURUSD has consolidated 200pips to 11715 within the 1st consolidation zone of 11730-11700 as long as it is below 11823 it could be consolidating and then break lower below 11715 On the break of 11730-11700 expect: 11638 +/-(15pips), 11586 +/-(15pips) or 11527+/-(15pips) Above 11823 the upper resistance zone would be active: 11840-11860 and above here...
EURUSD was expected to break down to the lower side and has found support at 11730, upside resistance between 11820-11845. A retest of the lower support zone can be expected between 11765-11785, however break below here will target 11730-11700. Above 11820-45 expect 11875-119010 to be retested. On the break of 11730-11700 expect: 11638 +/-(15pips), 11586...
EURUSD IS EXTENDED IN PRICE AND NEEDS TO CONSOLIDATE, IT IS WITHIN A CONSOLIDATION ZONE THEREFORE CANNOT RULE OUT BETWEEN 200-400 PIP CONSOLIDATION AND WILL THEN TARGET 12575 AND BEYOND. A CONSOLIDATION OF MORE THAN 400 PIPS FROM 11895-12105 COULD TURN OUT TO BE COMPLEX AND INVALIDATE THE UPSIDE 12575 PRICE ZONE. THIS MOVE IS STILL STRONG THEREFORE CAUTION IS...
GBPUSD FOLLOWED SCRIPT AND COMPLETED UPSIDE AT 13266, NOW IT HAS RETRACED TO 13100-13120 EXPECTING A CONSOLIDATION BELOW 13266 THEN LOWER BELOW 13100 TO 13075-13045 OR LOWER DOWNSIDE PRICE ZONE = 12800-12600 FOR COMPLETION, HOWEVER THIS CAN CHANGE DEPENDENT ON PRICE STRUCTURE.
GBPUSD has followed script to the T, now that upside is completed at 13266 and it has dropped to 13100-13120, expect a consolidation then move lower to 13075-13045. Downside price support = 12800-12600 for completion, however it could change depended on structure formation.
Gold has likely completed the upside move from 1205 however it can still tag 1285. Time for consolidation 1240-1250 price zone, below 1240 then it can get to 1220, however break above 1285 will target previous high 1295-1300 and continuation of impluse from 1205.
EURUSD exceeded my price target 11555(see link) and now probable consolidation from 17767. Upside is still incomplete however it needs to consolidate from these levels before more upside There are 2 price zones for consolidation: PZ1= 11530-11370 Break below PZ1 then PZ2= 11230-10980.
SEE PREVIOUS LINK, GBPUSD has been in a consolidation zone for about 4 weeks it is nearing its 1 st price zone= 13200-13350 and this could potentially complete the D leg, however there are other price zones higher above where the D leg could complete(see link). At the moment it is nearing a consolidation/reversal zone, should it correct then the downside will...
I HAD A LOWER SIDE PRICE ZONE OF 1207-1200 AND IT REVERSED FROM 1205 (SEE LINK) AND SINCE THEN IT HAS MOVED UP $55.00 IN PRICE. UPSIDE IS ALREADY IN PROGRESS FROM 1205 AND HAS BEEN CONFIRMED BY A CLOSE ABOVE 1235 AND NOW WITHIN THE 2ND PRICE ZONE OF 1260. HOW HIGH IS THE NEXT QUESTION, WELL 1295-1300= 1ST PRICE ZONE, HOWEVER THERE WILL BE CONSOLIDATIONS AS IT...
GOLD has closed below 1235 and now looks like it is consolidating at 1218 It has also tagged AB=CD @ 162 could this be the end of it and now move to the upside or still continue lower? breach below then there is support between 1207-1200 which can be potential support as long as prices remain above 1190 CLOSE below 1190-1180 then lower prices and potential test...
AUDUSD completed and tagged multiple price zones/patterns between 7650-7700. From 7700 it is now in a corrective phase where there are multiple patterns and price zones : PZ 1= 7580's (382), BAT= 7550(886) PZ 2= 7510-7490(618) & ALT BAT(113) Below here there are other price targets: 7420= CRAB/DEEPCRAB,7390'S= SHARK. Potential support zone = 7550-7490 for...
2 upside price zone: Gartley completion at 116.42 and extension above here then Crab/Butterfly completion between 118.50-120.10.
One can apply various methods of analysis and have different outcomes, below are some price zones as a guide and all are probable targets. Prices do not move in a straight line therefore it could be a few hour/days/weeks or months to get to these price zones. GBPUSD is in an uptrend and depending on how one looks at the price, upside resistance as follows: PZ...
UCAD is nearing completion should it fail to hold 13065 then lower price zone will be activated Break of 13065-12960 then lower price zone = 12870-12764.