stanchiam

stanchiam

definitely looking more like 3 waves from the bottom, waiting to see a strong reversal down to confirm this view

stanchiam

Although am bearish usd, price movement is chaotic and the probability of a triangle consolidation and another high is still there Hence we need to be careful of going long eurusd gbpusd etc and not take excessive position

stanchiam

similar to GU, clear 5 waves up, expecting correction then a surge up good luck

stanchiam

Clear 5 waves up, after correction, expect a power surge up BUY

stanchiam

from the waves, it does not look anything 5 waves the moves are moving in 3 waves, hence high probability it is corrective am looking for 5 waves down in small time frame to look for usd short entry opportunity

stanchiam

waves aside, looking at the daily chart, we can see clear price separation support tested and bulls holding it above the two lines very clear bulls in control for now, as long price is above, will keep staying bullish

stanchiam

price finally reached our target region, although too early to confirm, closing the hedge position for this rise hopefully usd bears not fail else game over and I will be out

stanchiam

resistant line holding the usd bulls is key for more downside, watch for the reaction

stanchiam

only the bravest will dare to go long while the crowd stay away lets see how it develops

stanchiam

Expecting price to test resistant before more downside, providing chance for usd bears to load up at better level

stanchiam

Same as EU, the show continue for GU Good luck to bears as the bulls continue its rampage, hopefully doing maximum damage to the bears, good luck

stanchiam

The bull's show continue, it could extend much higher, for now the target are just estimates, will adjust again as waves progress Hopefully bulls do as much damage as possible with this run, good luck

stanchiam

As expected, price continue up, however it is still not complete and looking to be extending further how far can this go? *until it is corrective waves, else we will see it extending until clear 5 waves can be seen, perhaps even so when ton of wavers still looking for new low and pounding more short on it GbpUsd is also similar, far from over as waves still not...

stanchiam

a minor breakout supportive of bullish idea lets see if this can continue for how long, if wrong, will see reversal around 1.175-1.18 region

stanchiam

maybe if gbpusd goes up strongly, eurusd will do this to catch up

stanchiam

Strong move up aka wave 3 type expected, good luck

stanchiam

lets see if bulls give us one more leg up to consolidate the wave pattern before a correction and then the big spike up

stanchiam

preferred count, a strong move above 1.18 will consolidate the count and look for a deeper move up