purpurato59

purpurato59 Updated 

Already tested the reverse zone and waiting on signal. Target around the 52.1 area. Good luck

purpurato59 Updated 

We just reached the centerline of this pitchfork where we had last top and there are several signs for reversal: check the divergence on several indicators as they come back from the overbought. This should be redy for next week. Thanks for your comments and good luck.

purpurato59 Updated 

Having just hit the pitchfork channel and the POC here, it looks like gold will retrace and extend from its previous uptrend to test the lower part of the channel. The R/R for this trade is fair enough to take the risk. Lower time intervals show some overbought condition that confirm. Good luck and thanks for your comments.

purpurato59 Updated 

This bat tested the PRZ and is now showing signs of reversal. I will wait for the weekly signal to add some. Good luck and thanks for your comments.

purpurato59

This gartleyy is now ready for some retrace on the bear trend. I think the main trend is bearish though, so be careful on the closing. There is a similar behavior on other pairs, and it shows on DXY. I also think the main trend on that last one is bullish. Good luck.

purpurato59 Updated 

Price just hit the channel of the pitchfork and completed this alternate bat. There is also an important divergence on both MFI and RSI with last peak at 50.43. It's all set for some movement tomorrow. Good luck and thanks for your comments.

purpurato59 Updated 

Several signs show there is a potential for a short, the chikou is crossing price soon and longer time interval momentum indicators are heading downwards. This pair is still weak and after last retrce this looks like a good point to enter. If the DXY idea published before holds, this one should follow suit. Trade safe and good luck.

purpurato59 Updated 

Let's hope Kim & Donald make friends and that barbaric relic follows this trend, last time they ruined the silver idea.

purpurato59

I believe this pair has a great potential and the target might somewhere in the completion of that bat. I usually don't publish uncompleted harmonic patterns as they are not of great use, but in this case I think D point converges with other factors not shown on the chart. After a strong euro rally, there is some weakening now, at least temporarily, and EURUSD is...

purpurato59 Updated 

The bounce at the 0,618 angle was very precise and it coincides with the completion of this bat that already tested the PRZ. This is online with the start of a new downtrend on precious metals, see related idea. There is a possible incoming rally after the strong beating of the dollar. Good luck and thanks for your comments.

purpurato59 Updated 

I see a large potential for a short that might last for a couple of weeks, BoE just triggered this with rate decision. On the technical side we have RSI just returning from overbought condition and the MFI with an important divergence with last peak. Please look into lower time frames for an appropriate entry, I'm still wating on it. Good luck and thanks for...

purpurato59 Updated 

I bellieve there is a new downtrend already set and now seems like the right time to enter. The cloud together with the pitchfork show consistent resistance on the move up. I also think this move is related with DXY reaching a bottom soon. A similar feature can be observed in gold. Trade safe, good luck

purpurato59 Updated 

This bat already tested the PRZ and should be ready for position once the signal is active. This is part of another round of AUD shorting, see related idea. Good luck.

purpurato59 Updated 

After a strong bull run australian dollar seems to be retracing. This pattern is now complete and awaiting for signal to enter. Good luck and thanks for your comments.

purpurato59 Updated 

Interesting time fib setup on this pair, the two moves shown with dotted lines have both their 1,382 at last friday's bar. Price is outside the weekly and daily bollinger bands. There is also an alternate bat with a potent pi extension, credits to @jolicoeur342 on that one. I started a small position here, but will add on subsequent signals, keep you updated. Good luck.

purpurato59 Updated 

This pair shows potential for a short but be careful with upcoming announcements from Bank of Canada.

purpurato59 Updated 

Last three cycles have been quite regular with 30 days periods from top to top and bottom to bottom. Everytime it has shown deeper lows and highs, and this time we didn't even retrace to the 0,5 angle. With yesterday's top we should have a couple of weeks more of downtrend and we will go through the 0,382 angle and maybe down to the 0,25. Thanks for your comments...

purpurato59 Updated 

Even though this bat was not fully tested at the PRZ (no 0,887) it is at an important fib level and showing signs of reversal. I will wait to add on this short and will update. Cheers.