UnknownUnicorn90040

UnknownUnicorn90040 Updated 

Okay, lads. From the middle of February we can see a consolidation model forming on USDJPY chart. Perhaps, it's a triangle - that fits just perfect as the wave 4 in current bearish impulse. Even so, the time to sell hasn't come yet, and that's why: The current price pattern looks like a triangle, but until we can read all 5 waves it's not a triangle Even...

UnknownUnicorn90040 Updated 

And so, after a little break in falling down, in the middle of august '15, EURO continues his journey to the south. Perhaps, now there is forming an ending diagonal in the wave 5 (or c). Why do I think so? As we can see, there are a lot of correction waves (ABC), both up and down. Therefore, there are two possible scenarios: The correction up will continue in...

UnknownUnicorn90040

So, there was a reaction from the retracement Fibo-level 38,2%, and, I think, it is the wave of V. Therefore, I suggest to buy from the current level, putting stop-loss order at the bottom of - 490$. Target-zone, the end of wave V, will approximately be 700$, 61,8% from wave III.

UnknownUnicorn90040

So, it's obvious that in past months the price was forming an impulsive wave and it even had an ending diagonal in wave (5). And so, since the end of March there goes a zigzag formation in the wave . Perhaps, after a few days or a couple of weeks there will be the beggining of the wave , that will break down the 180$ level. After there will be formed a minor...