This month can have an important price action that define the tendency for the rest of the year, I'm still bullish but look the chart, the swing from X to C is already paid, not at 100% of the fib extension but what do you spect for a weak bullish run? If you look the inside of the B-C swing, it have all his own weak swings paid, so I think the probability to...
Well, as you can see the wave iii have a lot of personality, also i and v almost have the same height so it can be a continuation to the upside, also I really like the retracement to 76.4% because the stop loss can be very small.
Is this the first wave to start an upside move?, what we would expect for the next move an i-ii (i)-(ii) move?, well on Monday(Sunday night) China will release the CPI Forecast:3.0% Previous: 3.2% and the same day the industrial production, now If we base our analisys on the last couple of months (I'm talking about CPI) we can expect a good data pushing up the...
Hi guys, today with the release of the NFP in US we saw a good bounce to the upside, If we continue watching good economic reports in China/US there's a good probability that the Aussie change to the upside in the mid term, however now is a very good point to go long, remember buy cheap and sell expensive; also check my micro wave count. Remember do not risk more...
This trade have a very good risk-reward ratio, 20 pips stop loss, 330 pips take profit.
If you see any reversal pattern you can take a good price before the rally.
Bouncing and choppy, still wait to christmas end to the price have a good reaction.
New labeling, strong retracements weakened the momentum to the downside, so this wave count is now more plausible, again the market give it to us an other good "risk-reward" price however it can be "B" retracement I'll do an other count to the downside. UPGRADE****The price did not resist made an acceleration channel and drop below the 1.32324 resistance, If you...