spencer03

spencer03

The second half of the year will be a big short story!

spencer03

Ending diagonal formation in a bull market should hit its high in 2-3 days. As a result, a turnaround would be likely.

spencer03

EUR-USD turned upside down... it helps a lot to estimate how to proceed.

spencer03

Should run a bit of 100 points lower and then ricochet upwards.

spencer03

The Gartley on the h4 timeframe could lead to more weakness this week.

spencer03

EUR-USD is moving within the descending broadening wedge and without surmounting the Ichimoku Daily Cloud, a sharp decline threatens here. In this sense 1.1952 has to be broken as support, then one can hold short position fairly safely.

spencer03

Recovery would be the order of the day tomorrow.

spencer03

The TARGET will be achieved tomorrow.

spencer03

Intraday trading: short in planning I'm going to take between 70 - 94 Points. SL above 0.9362

spencer03

Multiple harmonics patterns are on the way.

spencer03

Expect more weakness on this currency pair.

spencer03

I guess there should be more in this week.

spencer03

Soon the Ema 50 would serve as support and initiate recovery. This is also supported by the Ichimoku Legging Span, which is still above price and forming an ABC correction that should bottom out next week. We could get a cup-and-handle pattern that if the February 24th high breaks off could provide strong bullish stimulus.

spencer03

In this concept we see a large decline in the German DAX index, which could occur in the second week of March at the latest. Keep an eye on it! With an ATH in March, another bull trap could very easily arise and then, with excessive selling, turn it into a downward stimulus. Only then would the pressure be intensified through targeted, bearish attacks.

spencer03

Hello traders, watch out for this currency pair. In the third week of February there is a big short opportunity.

spencer03

Could pull back to 0.9823 and then the short idea with 220 points profit comes into play.

spencer03

We should see strong bullish momentum in this currency pair soon as well.

spencer03

If you see downside breakout and decline in EUR-USD, then you can expect USD-JPY to rise.