EmanuilValkov

EmanuilValkov

Crowd behaviour analysis support contrarian approach towards the recently shaky USDJPY. Although, not at the price surmised by most spectators. Every pip lower has been carefully analysed and scrutinized by market observers and a like. Wishful thinking feeds the hope for imminent rally, which in reflection amplifies the fear from crack down, therefore mass stops...

EmanuilValkov

Zoomed-in (60-minute) observation indicates "Three inside up" at previously (April) bought-up level. Speculating on short term directional developments is encouraged by the descending line, proved in number of occasions as an active gravitational body. Idealized scenario would carry impetus through the 4-hour and bolster medium term velocity. In the event of...

EmanuilValkov

Elliott Wave oriented analysis of cyclical maturation fortify the distribution of probabilities towards gravitational developments. As of the immediate future, parroting descending channel (not depicted) provides clear boundaries for deeper proceeding. In the event of being negated (13.16), USDMXN will be considered indecisive (not necessarily long). Thoughts on...