shiftpark

shiftpark

Divergence on all timeframes, looks like an ABC retracement, reached 61.8 fib of the whole move up. Good place to buy, in my oppinion

shiftpark

5 Waves down, 3 waves up. Depending on the pattern, could go to 67$ or 43$

shiftpark

Looks like a wave 4, which could be complete. RSI divergence on all timeframes. Fundamentals still solid

shiftpark

The company still has expertise and patents in the robot and automation world. Their debt is manageble and robotics still has potential in other areas like warehouse. Also a 33% short interest means that any move up would encourage shorters to close their positions. I think 28$ is a good target.

shiftpark

Strong bounce after breaking previous low. I expected it to go even lower, but I think a jump up is in the cards now

shiftpark

I believe the ECB decision will have a positive impact on the currency and changed by bias to long. Possible AB-CD patter to reach the trop of long-term trendline would mean reaching 1.19. TP1: 1.17 TP2: 1.19

shiftpark Updated 

Although markets are crazy right now, this trade could work out. Publishing it in order to check back later

shiftpark Updated 

The current move down is almost complete (possible low around 105.40). I expect a small retrace to 23.6 or 38.2 and a continuation move down to the 101 level.

shiftpark

1.51400-1.51500 is a good place to enter a sell for the following reasons: - 61.8 retracement for the whole 2019 move down - exact replica of the late 2018 retracement - prior highs Target: 1.40500

shiftpark Updated 

Using the last strong retracement from August 2018 as a fractal, we could see EURUSD going up to 1.12800 and touching the top of the channel. Will enter a buy trade after retracement to 1.10.

shiftpark Updated 

AUDCAD has been falling inside of a channel for the past 3 years. The lower side of the channel was touched again on Friday and might be the start of a bullish reversal. Using past patterns, the top of the channel might be reached by May

shiftpark Updated 

Price broke out of triangle consolidation and is still below the 1H 21 EMA and 4h 21 EMA which have been very good trend indications. We might find support at 1.111, but if not, 1.106 is a very good target as a 1 to 1 extension of Wave A (25th June - 9th of July)

shiftpark

There are a lot of similarities between this move up and the last one, in June. I believe price might make one more move up, but regardless, the destination is down, either at 1.81700 or, even better, at 1.76950 which is a 1:1 extension of the last move down and also the low of 2013. Good luck!