6e
EURUSD close to major pivot point at trendlineEURUSD is close to an important point at the resistance trendline. If it bounces off and down, we might see a down move to the lows of the daily chart support levels. If it bounces off the daily lows and heads back up, we will get wave 5 to the daily highs. If it breaks the support, the weekly chart would be a huge bear flag correction structure and we will get bigger downside. I will be taking a short if it bounces off the 4 hr resistance trendline, with stops a bit above it.
6E (EURUSD) -2016 Yearly FORECASTHello Traders!
We are glad to present own forecast on euro! There is still binary waves structure within older charts. So, in near future, possibly we can see Horisontal Triangle (3-3-3-3-3) in B wave or Ending Diagonal Triangle (3-3-3-3-3) in C wave.
Anyway,in current time the price has downtrend tendency, minimum to the strong buyer's support 1.09201 - 1.07928.
The last week, Current Month & Last Month volumes, under seller's control!
Best regards, Powerful Traders.
6E (eurusd) - JANUARY INTRADAY FORECAST!Hello!
Happy New Year!
We would like to present, intraday forecast - 6E (eurusd) on january 2016y.
Methods of price analysis: EWA/EWP, Market Profile, Delta&Cluster, Volume, Fibonacci.
Suppose that this week (close to wednesday), the price gradually decreases to strong support 1.07580, next we will see the creation process of cumulative delta and then expected bulish impulse! All the important prices you can see on a chart. (please pay your attention to the three variations of EWA/EWP)
We wish you all the best in New Year!
Sincerely your's Powerful Traders!
EURUSD Month forecastEURUSD (6E) - There is the hard time for trading!!! We don't like correction time in EWA/EWP! Due to the price has minimum binary or triple variants of the price progression! Suppose, you can see the point of our view. Please, take care your self & your trading. In the near future (maybe next wednesday), the most safest variant, just buy at price 1.07560 (1.07264 - month buyers core), S/L 1.06818, T/P 1.09163. That's all! Have a nice trading! Best Regards!