EWA
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!
EWA. Google. The end of wave IV?So, there was a reaction from the retracement Fibo-level 38,2%, and, I think, it is the wave of V. Therefore, I suggest to buy from the current level, putting stop-loss order at the bottom of - 490$. Target-zone, the end of wave V, will approximately be 700$, 61,8% from wave III.
AUS200: Aussie stocks about to correct or what patience meansIf you see the "Aussie map", linked below, gives a more rounded picture of the local market at the time being.
Stocks are currently in confluence area that gives the shorts better probabilities for a possible correction.
Momentum divergence can been seen from miles away and a closing below the up trending arc line will have the sound of a bottle opened, supported by playing loud some really old classics classics like iNXS "Original Sin", "Under the milky way tonight" by Church, some Triffids and Jenny Morris. Cave &Bad Seeds, AC/DC's and local beloved cult hero Jimmy Barnes will fade the night away.
God bless and cheers
P.
p.s. "No Pussy Blues "by Grinderman is dedicated to the stops above 1,272
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