I find Copper prices under pressure both from Double Top and Rectangle break. I expect Copper prices to trade in the box below and hit 2.50
Due to mainly DXY weakness and head&shoulders pattern, I shorted this pair in the morning. My stop is at 8.1 and my target is below 7.8.
I find that Bitcoin Cash has been under pressure and it is time to leave. Remember, diagonals ends up a ruthless comeback. I expect a strong rally on Bitcoin Cash. Of course, first Bitcoin itself should rally.
The more time it spends around green box, the more chances are it will break it down. A support reaction should occur soon. If not, then we can suspect that bears are just warming up. Will update the idea. Stay tuned
Target is slightly below 28.000. I am short.
Retest and rejection from a year old trendline makes me think very bearish of this pair. Initial target is below 140. I will update.
The same with previous analysis of GBPJPY. I am bearish on this pair, initial target is 0.72
We see an Elliott Wave analysis of Disney stock. I am long for 160.
So, fundamental analysis would suggest that Russian Ruble would appreciate due to FIFA World Cup 2018, since tourists exchange their dollars/euros to ruble. Let us observe together what happens. I am shorting ruble for 67+
I offer that USDCHD may have a double top, chances are good. If double top, the target would be below 0.95.
You can see that the support of both Fibo and broken trendline indicates us the resumption of bull market. First target is 150 zone.
As we can see, the price is headed to retest and turn south from there. Which means we will see 1.30 in coming days
I believe that wave (ii) has not finished yet, wave (y) is under construction. This can bring price around 1280$. Then upward push may resume.
Shorting right away is not recommended. Bounce to test of 108 first is very probable actually. Then continuation to the downward can resume soon. Selling the rallies opportunity will emerge near 108
If this scenario is correct, then bears might bring prices back to below 137k, ideally around 134k. We also see the broken uptrend retest. I am short.
We need to be patient till 16.50s then upward push may come into play