As the American is into the reccesion for long-term, America experiment a grant deprecciation of their value in long-term!!! Well in monthly timeframe we could see a formation of armonic pattern, that mean that Sterling Pound it's could be to reach the 1.27% or 1.618% of Fibonacci's armonic. It's so curios becuase hile Euro is up, Sterling is up too and have the...
W1 - Special cycle completed, currently it looks like a retrace is happening. H4 - Price reached a strong support zone based on the fibonacci expansion levels of the cycles we have. double bottom, bullish divergence on the MACD histogram and moving averages. H1 - Bullish convergence, we may now look for pullbacks and then buys with more bullish evidences.
W1 - Special cycle, price reached a critical zone, bullish divergence. Until this critical zone holds we may look for retraces to happen. D1 - Bullish divergence, price broke above the most recent downtrend line. H4 - Price is moving inside a triangle pattern, if we get a valid breakout above this pattern, we may then start looking for buys with bullish evidences.
D1 - Potential double wave down, price has room lower towards the critical level. H4 - Special cycle completed, currently a retrace is happening, double wave up price has reached a critical zone formed by the 100 fibo expansion level and 61.8 fibo retrace level. Potential bearish divergence. Until this level holds we may look for bearish setups with bearish...
W1 - Price trading inside a range. Top of the range zone is now reached. D1 - Special cycle. Potential bearish divergence on the way. If this special cycle completes itself then as per the book scenario we may expect possible pullbacks to happen. We may then look for bearish setups with bearish evidences on lower timefrmaes in order to start looking for the sells.
D1 - Special or triple cycle completed, currently it looks like a retrace is happening. H4 - We have two critical zones that has formed based on the fibo retrace and fibo expansion levels of the cycles. Price has reached the first critical zone, we have bearish divergence, until this critical zone holds, we may look for more evidences of bearish pressure and...
D1 - Price broke below the bottom of the bullish channel. H4 - Currently it looks like the special cycle has completed itself. We have two critical zones that has formed based on the fibo retrace levels of the special cycle. We may now expect the price to move higher until it reaches the first critical zone and then we may look for evidences of bearish pressure...
H4 - Special or triple cycle completed, currently it looks like a retrace is happening, bearish hidden divergence. H1 - Double wave up, price has reached the first critical zone, bearish divergence. Until this critical zone holds, we may look for more evidences of bearish pressure in order to start looking for sells. If the price moves higher then the next area...
D1 - Price has reached the dynamic resistance. If we didn’t get a valid breakout here we may then expect the price to respect this trend line and move lower again. H4 - Special cycle, bearish divergence. If the price moves lower and breaks below the low shown in the chart, we may then start looking for sells with more bearish evidences.
D1 - Potential double wave down, price still has room lower towards 61.8 fibo level. H4 - Special cycle completed, we have two critical zones that has formed based on the fibo levels of the cycles. Price has reached the second critical zone, bearish divergence. We may now look for more evidences of bearish pressure and then start looking for sells.
D1 - Potential big double cycle, price still has room higher towards the 61.8 fibo H4 - Potential special or triple cycle. We have a critical zone that has formed. We may now expect one more push higher from the current zone towards this critical zone with the bearish divergence completing itself. We may then start looking for short term sells with bearish...
D1 - Potential double wave down, price has room towards 61.8 fibo level. H1 - Special or triple cycle completed, currently it looks like a pullback is happening. We also have two critical zones that has formed based on the fibo levels of the cycles. I’m looking to sell pullbacks with bearish evidences here.
D1 - Currently it looks like the special cycle is completing itself. H4 - Price has created triple top with bearish divergence. We may now look for more evidences of bearish pressure in order to join the bears.
H4 - Special cycle completed, currently a retrace is happening in the form of double wave up. We may now expect this retrace to happen until price reaches the 38.2% – 50% fibo retrace zone. Once the price reaches the magnet zone, we may look for evidences of bearish reversal and then we may start looking for sells. Note: The conditions here are really good,...
Sell Scenario: D1 - Special cycle completed, currently a retrace is happening towards the 38.2% - 50% fibo retrace zone. Once the price reaches this zone we may look for evidences of bearish reversal and may start looking for sells. Buy Scenario: H4 - Triple cycle completed, currently it looks like a retrace is happening in the form of double wave down towards...
H4 - Special cycle has completed itself, currently a correction is happening. We may expect this correction to happen in the form of double wave up until price reaches the 38.2% – 50% fibo retrace zone. Once the price reaches this zone look for evidences of bearish reversal in the form of bearish divergence, false break, trend line breakout, etc.. We may then...
H4 - Looks like special cycle is completing itself, price reached the magnet zone, we have bullish divergence. If the price moves higher and if we get more bullish evidences in the form of false break and trend line breakout. We may then start looking for buys expecting the price to move higher until it reaches the 38.2 - 50% fibo retrace zone.
D1 - Special cycle completed, we may expect a correction to happen until price reaches the 38.2 - 50% of the fibo retrace zone. H1 - Triple cycle, once the triple cycle completes itself, we may expect a correction to happen in the form of double wave down. We can then start looking for the buys with the breakout of the most recent trend line. Invalidation: If...