handalfavio

handalfavio

As we can see there has been a lot of time for this pattern to form so perfect (11 years now). In line with other market movements, we are now about to end the confirmation of the neckline break so get ready to enter the pair on the SHORT side in the next couple of weeks, with a potential price movement from 76 to 44 Maybe charts are telling the story that a...

handalfavio

GBPJPY is building the final part of the right shoulder of a tremendous Head and Shoulders pattern, because maybe is anticipating that some kind of a melt down on the markets is coming soon... I don´t think that the virus issue is yet solved, we are many months far away from that and from returning to normal! With Brexit problems and implications on GBP economy,...

handalfavio

Next week we can have an excellent H&S pattern inverted, for the pound to go UP and reach a target of 1,3080, my alarm for buying is above the neckline on 1.2680 with great risk/reward Since DXY is with a double top on the short term, we have it with a 94.50 target witch support this idea, EURUSD is going up as my last post shows a cup pattern, GBPUSD going up as well.

handalfavio

We are about to break for next week a CUP pattern formation with a target on 1,16+

handalfavio

Here is a beautiful H&S inverted pattern that is about to complete is right shoulder in the next couple of weeks. Then we can expect the USD to continue its up trend to the H&S target of 118 Beautiful place to enter LONG USD because it coincides with the mayor trend line in blue also as support for the next move UP Wait to the level of 95 to enter a LONG...

handalfavio

The EURUSD is showing a beautiful pattern of time cycles that almost to perfection coincides with great opportunities to SELL or to BUY the pair depending on the main trend, in this case we are very close to a SELL opportunity around 1,1550 with a target on 0,85 for the next move. (this is the Triangle in red target) Maybe between the next 2 weeks the signal is...

handalfavio

DXY is finishing a correction move with a target of 95, then we have a long term trend that is going to send the USD UP to complete is long term cycle... about 120 The idea is to SELL at 96,25 with a target on 95,10 then to wait consolidation for the turn and BUY USD for the future.

handalfavio

The Dollar is showing a complex movements since Jun 2018, the principal trend is going up slowly with a lot of volatility, i think is time for a correction down to levels near 93 The Trend up loose steam like 3 or 4 months ago so is time for a move down, market is waitng for FED expectations about interest rate cut, everybody is trying to price in how much the...

handalfavio

Downtred needs a correction, we have a wedge pattern that has a target of 1,18+ and we have a 2nd wave correction that is needed. Also we have a possible inverted H&S with the same target. With the Market expecting a rate cut from the FED this view has some fundamentals support If 1,12 level holds this view is correct, if not we have to re evaluate The LONG...