FX:EURUSD A line prespective ;) safe trades ;)
FX:NZDCAD With a nice fall from previous structure, i stil bearish with this pair. I believe the price action forged an ABCDE pattern and i can only imagine the price to forge a new lower low; At the same time, the price reached the 161% extension of "wave 1" completing wave 3, we can expect a wave 4 to complete above this recent "ABCDE" pattern, and to get...
FX:NZDJPY Potential ABCD pattern that can complete the weekly correction as a major ABC correction; If so, I expect a bullish move ending around the weekly and monthly resistance @83.352$, forging an eventual Bearish Shark Pattern. Taking the default ratios of a 5 waves impulse this is how it look. Just a guess. For now, we have an ABCD pattern (cluster as...
FX:XAUUSD The Structure Breakout, test it, buy it... (The Precious is broking the weekly structure, we should see this metal enter in a bullish momentum): Support & Resistance levels: resistanceD1- 1253.08 resistanceH1 - 1279.555 resistanceH4 - 1267.989 resistanceMN1 - 1191.302 resistanceW1 - 1263.13 ------------------------------------ supportD1 -...
FX_IDC:AUDUSD iMPULSE LEG: Wave 2 = 61.8% of wave 1 (Prices usually do not retrace more than 61.8% of the wave one gains; Can never exceed the start of wave 1); wave 3 = 161% ext of wave 1 (can never be the shortest impulse wave); wave 4 = 38.2% to 50% of wave 3 (can never overlap wave 1 ); wave 5 = wave 1 CORRECTiON: Wave A = usually around the...
FX:NZDCAD Bulls Mode: . Expecting Bearish RSI Divergence and a pull back (wave 2); . Wave 3 targeting the 161% extension of wave 1; . New pull back that can not cross wave 1 top; . Wave 5=wave 1 target @0.9250$ Bears Mode @61.8% from previous move (A to B); AB=CD target @0.8735$ Safe trades; open.spotify.com
FX:USOIL Safe Trades; open.spotify.com
USD/CAD had touched the H&S target (1.1639) which he formed between 2010 to 2012. Also in that area we have a channel line and 0.618% fib extension AND we can see very clear 5 waves move. Time for correction or reversal? I dont know. BUT we formed last week a evening star very beatiful but we need that confirmation which is a red candle this week at close. So lets...