We got a downtrend now but a certain retracement seems due. But don't expect to much.
It's time for a resumtion of the upward trend after a month long correction.
The pair makes its way towards the median line which I expect to be reached.
It looks like a bottom to me that has been tested twice so that I expect a retest of the July hieight now.
This has fallen very steep so that I expect a retracement to close the gap soon.
It's a downtrend, isn't it ? I think s,o but as the last downwave was followed by another lower wave, I expect a sideward range after another test to the donside.
We got a rising divergence in the MACD and a rising Money Flow with new highs every day now. This makes me assume that the rate is going to fill the gap from 2014-06-15.
It was a sharp move within an uptrend. Looks like a correction now.
At least for the next days a downmove seems more likely. I don't know whether this is still a valid uptrend. Perhaps it is but then it is not a tradeable one. For many months the swings are so wide that any trade that was held to long went into loss no matter if it was with the trend or against it.
MACD bullish divergence. Will it be enough to overcome the current downtrend? I'm afraid not, but a retest of the 80 is possible.
Is the 37.20 level a to strong support? I am going to try a long here.
Bullish divergence in MACD and close to the annual low I expect an upward correction within a tightening range.
We had a new high yesterday and a correction of the yesterda's move today. So we can resume now what I think will be the continuation of the uptrend.
It is a clear uptrend. I have to dmit that the stock is running for a while aready and the ABCD wave has been filled already. But this makes me hope that we can see some more.
The indicators are up. May be we arein a sideward range, may be in an ABCD wave. Anyway a test of the previous high is possible.
A trade against the trend. So we cannot expect to much. But we made a substancial way down so that a correction would be healthy. The more tat we are close to some resistances.