double combination on the 1h chart impllies complex form of correction and should result in higher values trying to test the highs
the measured move for the bullish flag should point way higher and this small pullback should give us a nice entry for buying calls with end of day expiration
EURUSD is touching the support level at 1.3250 so we recommend a BUY/CALL option at 1.32540 with 10.00 GMT expiry today.
Dow Jones increased on Monday's opening by 0.44% so it is good cause for USDJPY increase for next hours. We prefer to purchase BUY/CALL option at 99.376 with 16.30 GMT expiry.
buying calls here as a possible double three running in place for cable.....coupled with the jobs data that is about to be released this week and you have the reasoning for the end of week expiration as lately the economic data out of UK has been quite positive
the logical thing to do here is to buy calls for end of day expiration as the expiration date should be calculated by taken the time the pennant formed and projected it on the right side.....that would give us approximately end of day expiration a pennant is a continuation pattern and it points to higher levels.....we'll see
USDJPY is going up amid U.S. stocks positive dynamics on Friday after Non-Farm Payrols publication. So we recommend a BUY/CALL option.
possible flat there for a fourth wave type and this is looking like a possible 4th wave.........it implies the highs in the 1.50 area should be taken, but the median line there should act as support........reason for one week expiration is that normally the time element should favor such a move by then
falling wedges are bullish and the fact that the 2-4 trendline is broken means the bullish action started .....a retest of the trendline might come, and this is why one week expiration data......the overall trend should be higher
For 5 Spetember we recommend a SELL/PUT on USDJPY with 16.30 GMT expiry.
possible double bottom for the eurusd here as ECB will be most likely done and expecting US for the close to sell the usd......so buying calls here as no follow through so far
looking for the upside on this move price is making a nice ending diagonal and on the lower time frames we have a contracting triangle that looks poised to bread to the upside....that being the case, end of week expiration is just something to play this pattern on the short time frame
powerful double three running setup for the audnzd needs to go all the way up to the 1.19 as such a pattern it is being follwed by an extended wave.....161.8 is just there on the screen......bullish on it
ending diagonal showing a nice five wave structure and the fact that we broke the 2-4 trend line and re-tested should be enough for bulls to try to step in
even though a bit risky going into NFP like that, I still like that double three running scenario and the invalidation level below should hold.....end of week expiration in order to avoid unpleasant surprises
the reason for this is that terminal impulses are controversial in the sense that you need to have at least one wave that extends more than 161.8% out of the next longest wave and, believe it of not, it seems to be the case here too......correct measurement here means the first wave is extended and under such a scenario the fifth wave to the upside....the current...
classical zig zag here on the hourly chart for the eurusd and with US on holiday look for price to drift higher after London goes home
Terminal impulse on the four hours chart and this move here seems to be a classical abc, with the b wave a contracting triangle, so for end of day looking for lower levels than these ones