pablo82

pablo82

Guys, I am waiting for big drop on SPX500 and current structure shows sign of reversal in form of wolfe wave pattern. Very often drops in that kind of pattern are udden and severe so keep eyes wide open and do not miss move. i will close my position once price reach orange line so it mihght be a very significant profit.

pablo82 Updated 

Recent price behaviour indicates we have had end of long consolidation after last impulse to downside and we are heading south with big momentum. Any pullbacks should be used as a good sell opportunities as target for next impulse is big. cross market analysis shows weaknes of swiss frank and strenght of norwegian korone across all major currencies. Therefore...

pablo82 Updated 

It looks like we have a triangle pattern in development. You can try to take trade based on breakout of upper or lower trendline of pattern.

pablo82 Updated 

We have a nice descending channel in development as a correction from the uptrend. I expect breakout from the channel soon and you can use it as entry point for long positions to TP levels as marked on chart.

pablo82 Updated 

Fallen wedge pattern has developed on hourly timeframe. We have had breakout of the pattern with gap down and I expect continuation of down move to about 1300 level. You can use breakout of lower timeframe correction as an entry point.

pablo82 Updated 

This is not a trade call but my personal short term forecast for bitcoin which is mainly based on analysis of waves and structures of this instrument. I am strongly convinced we should have at least 5 fold increase in price since the last spike in November 2013.

pablo82 Updated 

Price has developed clasiical head and shoulders pattern and broke multiple uptrend trendlines including neckline of formed pattern. I expect two options now, first that price will retest previous structure from the bottom and will drop from there or we will get smaller timeframe correction and drop further. Still bis is bearish and we should reach at least 0.90500

pablo82

It looks like we have classic head and shoulders pattern in development. If you are not aggresive trader you can wait for breakout of neckline fot entry anf confirmation.

pablo82 Updated 

We have a bullish price action and divergance in MACD and that indicates we should have raly at least to taaarget as marked on chart.

pablo82 Updated 

Current structure shows signs of reversal, Recent price action i consider as correction fom last impulse to upside marked as magneta arrow on chart. MACD indicator shows signs of divergance on daily timeframe. We are at the bottom of ascending channel started on beginning of 2010 year. All abowe leads me to conclusion we will have e a nice rally in coming weeks...

pablo82 Updated 

Lower time frame impulse has developed today and we have anice flag in making. You can entry trade based on breakout of 30 minutes flag to upside or buy market with SL as marked on chart. MACD shows divergance which support idea for buy setup

pablo82

Watch for breakout of brown line for sell entry as I expect price to drop much futher. Whole structure might be an imulse in downtrend or C wave of bigger correction in form of running or expanding flat. All depends from price action of down move so pay attention for clues as it could lead to much bigger target than marked on chart. Good luck

pablo82 Updated 

You may want to catch last piece of movement to upside which should reach target of bigger triangular pattern. Wait for breakout of blue trend line for entry and you can aim for tagey as m,arked on the chart.

pablo82 Updated 

Curent structure indicates we have a bullish triangle pattern in development. As yuo can see we have a clear volatility squezee which should be followed by impusive movement. Wait for breakout of upper trend line for entry.

pablo82 Updated 

EURCAD is setting up for another move down. Looks like we have classical flat ABC correction in development so you can try to take sell when price break last high

pablo82 Updated 

We have a confluence of bullish butterfly pattern and solid weekly trendline which might give as excellent opportunity for buy entry.

pablo82 Updated 

My view has change on most of yens pairs and my bias is more bullish than bearish due to few reasons. First -- structure shows signs of triangle pattern in development as big correction to upside. Secondly we have had breakout from consolidation on EURJPY where price made recent new high all signs pointing on continuation of rally. All subwaves in ABCDE main...

pablo82 Updated 

We have clear volatility squeeze which indicates impulsive movement is coming. You can take trades based on breakout of lower or upper trend line to target as marked on chart.