paweld

paweld

We have just reached another key level to reverse (0,9523) , if breaked we'll see another wall at 0,9386. Time and price will show us true.

paweld

Soon we will reach 61,8% potential downtrend 1st wave retracement. I could be end of nice ZIGZAG with 3 abc waves with flat B. That C wave could be 3rd in uptrend if this level breaked.

paweld

Here we have possible end of 2nd wave in uptrend. The flat correction has completed nicely at 70,7 % of B wave with 1:1 a=c zigzag and H4 hammer . Nice place to enter for possible new highs.

paweld

Price has perfectly touched yesterday 61,8 retracement which ened at last impulse 4th wave low. That dynamic uptrend can be continued till new high. We will see soon if the market has enough strength...

paweld

I'm expecting larger correction in uptrend. After 5 bullish waves time for 3 corrective bear waves. First area when that move can reverse is 38,2-41,4% retracement , next area is close to the 61,8-70,7%. That would be 2nd large wave in uptrend.

paweld

We have lately made highest correction range in new uptrend. Looks like time for new high soon, or larger correction (if beaked).

paweld

In last two months we could se nice correction relations in downtrend. Three simmilar corrections before strong swings (green rectangles), and lately two same sized corrections (red squares) - last one has additionaly ended at 23,6% of whole move and 78,6% of last impulse. Some says that todays down movement was cause of Cyprus.. I say that cause of market...

paweld

Last few days has shown us new uptrend. After 5 waves impulse, it's looking like we have curently in nice zigzag ABC correction which shall end at area of 61,8% of wave I, 161,8% of wave A. It's also simmilar with strong proce resistance. Of coure price could rewerse much earlier, but I'm not an Oracle :)

paweld

After the 5-wave cycle creates a powerful current correction in the form of irregular shape which seems to be complete and close to the ideal: - Removal of 127.2% A / B and B / C - measuring Reverse-cross close to 100% - the peak correction coincides with the abolition of the vicious cycle of 38.2% So it is almost the perfect place to reverse the short-term...

paweld

The final end of the downward movement could reach the level of 38.2% or 50% growth impulse. These levels are almost perfectly coincide with strong resistance pricing. The first one can be achieved already at the beginning of next week.

paweld

We have same size II-nd and IV-th wave correction presently. Still have to wait for possible C wave up..... for larger short movement.

paweld

Dynamic IIIrd wave has nicely ended at 161,8 % APP retracement of wave I . I expect nice corerrection (wave IVth) at marked red area - there's 38,2-41,4 ret. , 70,7-88,6 % of wave IInd . We will see market on monday.

paweld

Move downward correction is struck higher level, at the same time denying the formation of adjustments in traffic growth. It should now expect a potential wave 4 in a downward motion, followed by a deeper decline in the value of the Australian dollar. Merry Christmas :)

paweld

Today's intense downward movement ended in accordance with expectations at 50% of the pulse. Strong traffic growth created a five wave move, instead of the expected three wave. It looks like that this movement LEDs currently deepened after the previous correction making wave B or wave 2 reversal. This wave is perfectly able to finish close to the level of 1.300 at...

paweld

Goal largest upward motion correction confirmed the new movement at the same time creating a downward correction of the upward movement that ended in accordance with the prediction . According to the theory of waves the end of the correction should be close wave 4 bottom level of the previous movement. At this level requires the retracement of the 50%, so it is...

paweld

It looks like C wave - flat at 1,0425 or ZIGZAG at 61,8% ret or 50% ret..

paweld

2 SCENARIOS: 1. SHORTER 5TH WAVE + FORMING ZIGZAG ABC (RED) 2. WE HAVE 2ND INTERNAL WAVE IN HIGHER 5TH WAVE (GREEN)

paweld

After breaking trough (overbalanced) the highest correction movement (IVth elliots wave) I'm looking forward to 38,2% retracement (1.25929) to change position to SHORT.