hugodelarosaCM

hugodelarosaCM

Next couple of hours will tell us what to do.

hugodelarosaCM

SUPPORT AND RESSISTENCE LVLS

hugodelarosaCM

60 pip possible drop.

hugodelarosaCM

look at the chart good support levels being hit

hugodelarosaCM

perhaps this was the correction that was needed, market may start moving up soon, some money needed to be whipped out, people needed to be scared away for the winners to stay

hugodelarosaCM

start of the fourth ELLIOT WAVE bullish triangle in the hourly chart, EMA Letting us know that a trend shift is happening we also have a harmonic patern indicatin this is going bullish. it wasnt drawn to not make more of a mess in the chart but it is there

hugodelarosaCM

we'll go short, then long and soon break out of the triangle we've been in.

hugodelarosaCM

what do you think? is this really a bullish opportunity?

hugodelarosaCM

we can see a third wave forming. fibonacci shows ass a stong support, so we might not go any lower on those fib levels

hugodelarosaCM

harmonic, traingle, fibonacci,,, 4 hour cangle close below 0.382 lvl and we're golden for a sell.

hugodelarosaCM

we wait for it to hit to close below the 0.50 Fib Level, touch resistance trend line or we wait for it to candles to close below support level we have on the 0.318 lvl. But We deffinetly have a Bear coming up.

hugodelarosaCM

Just Look at the Charts no need to explain any further. JPY is weak across the board, this just follows through with many confirmations.