Marsho263

Marsho263

GBPJPY annual cyclic moves are at play. With the world markets in crisis the Sterling has been enjoying highs, a cyclic correction may be at play, technical analysis pointers support a swing to the downside, rejection to the upside has already occurred on the Daily TF, the uptrend channel is high likely going to respect swinging to the downside back to the 1.60's....

Marsho263

Weak selling power, ABCD completed, will NAS100 push up for some gains. New year, new energy ✌🤷‍♂️

Marsho263

Still on our journey up from the 0.6388 impulse. The bulls will not rest where there's no shade 🤣

Marsho263

With surging iron ore prices and failure of the stimulus package to cause a dent, the Aussie is high likely to continue souring higher to 2018 highs of 0.8000-0.8120. Correction is due as the pair dangles in an overbought zone. But then again, 2020 and 2020 has proved that nothing is set in stone, the Aussie disrespected technical analysis countless times in 2020....

Marsho263

On 4H price broke the upward channel, simple rules of the game (no hidden crouched tigers etc🤣😂) , retest at 0.382 fib retrace, SL below 0.618 golden zone and we continue to see the upside till 0.7500 at least.

Marsho263 Updated 

Quick short, 4th corrective wave in a diverging triangle, clearly extended. TP where it doesn't violate price territory of wave 1 termination in main trend otherwise it invalidates the count. end of wave at support zone for going long for the motive fifth wave. Slow market, easy pips!

Marsho263

Price retested and got rejected once again. Long run ahead

Marsho263

Pump and Dump to channel line at 1.9400. SL at 2.00016 which is the recent previous swing high and resistance zone from previous years