Gold has made V wave structure from 1142.59 up to 1220 just under wave IV of double V correction down which came in at 1223 and followed 50 sma with 300 level on top from 1154 precisely touching the 300 on many occasions the only push below the 50 sma in 1 hour chart was wave iv with a 60 minute indication candle Wave v aggressively broke upper trend channel and...
Missing wave v on 60 min should be in today at around 1179 and then looking for strong sell off towards 1146 Gold needs to get over daily green tend line and hold 1188 as in the larger weekly picture could go through 1130.
Gold completed double V wave correction looking for pullbacks from 1167 or under for long entry for breakout of chanel at 1188 for 1307 and above break below 1147 and 1130 would cancel this veiw
We got our pullback into 0360 0350 and enter long signal from weekly chart posted on the weekend now looking for pullback from c for x into 0476 0413 0399 if we get there and continuation for some more pips good luck
If we go back to June 1997 a major low at 1.0285 presents its self at this level AUDNZD could have found its bottom. On weekly from 1.3794 to 1.2315 to 1.3276 using Fibo expansion the 200 level is in at 1.0317 if we zoom in on 4HR from 1.0794 1.0484 is A and 1.0611 is B and 1.0300 is C which is Fibo expansion level 100 at 1.0301 we have now broken over 1.0400 any...
EURGBP has now made double correction and at 7340 which is 70.7 of ii iii and 100% of i ii with fibo retracment of 61.8 from 5680 low to 9802 high just below at 7255 we should now see limited downside and a good retracement should be geting ready for 7490/7590 if we attach Green line from ii top to iii bottom and zoom in on Daily and 4HR gives us a good refernce...
EURAUD into final stages of correction would like to see 1.4060/1.4030 to complet wave v before entry also 1.4049 is wave iv on weekly charts and should find strong support
EURNZD coming into completion of CV will be looking for ending pattern between 1.5418 and 1.5335 161.8 FEX of a iii to b iv or a break over 1.5488 and holding.
Looking for break of 1.0715 and holding for entry to go long
UsdZar Starting to give a clue from wave c we could be in i ii i ii for blue iii and black iii both at 161.8 FEX of i ii”s or could have seen new x wave at between 38.2 and 50.0 of v I to c for next set of corrections for wave a coming in at around 10.4742 a break below 10.5606 blue and 10.5285 black is an indication for wave a at 10.4742 for the next set for b c...
EurNzd has been in down trend form 27-8-2013 high 1.7239 and all of 2014 now coming into July we should soon see a big bullish move as the big institutes have now been pushing down for a long time and July is usually a good month for change in direction. We have seen last week and the week before price reacting to 1.5562 Monthly S2 1.5549 78.6 FRT on weekly and...
Right had Enough of this LOL still in at 8722 come on you Big Brears push it under 8675 for the signal :)) to go hard
Wave c should be 100 127 or 161 of a before this correction is over for wave II to finish a break onder 10.5549 wave iv tells us we should be heading for 10.5122 if not lower but wave III will be strong once correction is over looking for ending i ii patterns
Is correction over !!! unless a break of 10.6100 is seen we now could consider a i ii to iii 10.5553 on a break and holding of 10.6960 only time will tell
Entry last week at 8722 lets see opening candle for monday but this is what i am looking for.A break 8734 cancels this wave pattern
MA"s catching up fast Black 50 not there yet looking for a 1.5688 and holding