SharifAzadeh

SharifAzadeh Updated 

Cable has been on rise since the Shark pattern stalled the bearish onslaught. But the character of this rise doesn't seem to be impulsive and the time is running out. If the price reaches to the stiff resistance area shown on the chart, I will be considering short positions targeting the 1.5246 area and possibly beyond. Good luck, Ali Sharif Azadeh, CFTe

SharifAzadeh

After the Bullish Alt Shark pattern which I had pointed out to recently caused the price to make a decent rally, the pair seems to have stalled at the resistance area shown in the rectangle. I favor the resumption of down trend in the coming week. Good luck, Ali Sharif Azadeh, CFTe

SharifAzadeh

Price has reached the upper boundary of the upward channel. A little downward retracement is favored here. Good luck, Ali Sharif Azadeh, CFTe

SharifAzadeh

This pair is, I think, going to form a massive bearish Gartley. The ideal time zone for this scenario is from 21st Oct to 26th Oct. Till then, Aussie bulls may enjoy this bullish run. Good luck, Ali Sharif Azadeh, CFTe

SharifAzadeh

I just came across this weekly chart which I had analyzed a few weeks ago. This AB=CD pattern has completed both in time and price dimensions and I think we should just sell the rallies from now on. Good luck, Ali Sharif Azadeh, CFTe

SharifAzadeh

Bearish AB=CD. Taking into account the sharp rise, don't enter this trade without getting a good trigger. Good luck, Ali Sharif Azadeh, CFTe

SharifAzadeh

This massive H&S should drive the price higher in coming weeks. Good luck, Ali Sharif Azadeh, CFTe

SharifAzadeh

Aussie is enjoying a bullish run as the gloomy NFP has dampened expectations for a rate hike this year. This bullish run might well halt at the 0.73 area as a bearish AB=CD completes there. Good luck, Ali Sharif Azadeh, CFTe

SharifAzadeh

It seems that from now on, commodities should have a greater weight in portfolios in comparison to stocks. After enjoying a great rally, driven mainly from the cheap money available from central banks around the world, stocks no longer are an attractive option for investing. Instead, rising inflation will help commodities turn bullish. Good luck, Ali Sharif Azadeh, CFTe

SharifAzadeh

As the crude oil has broken it's contracting triangle to the upside and taking into account the high correlation between the two, I expect this Gartley to work out nicely. Good luck, Ali Sharif Azadeh, CFTe

SharifAzadeh

In my latest analysis on this pair, I stated that this pair is in a great support zone. Yesterday we saw a healthy rise which was in clear 5 waves. The rise was halted at the upper boundary of the channel which was natural. The decline afterwards seems to be of corrective nature and with this bullish Bat forming, my previous analysis is greatly reinforced. Good...

SharifAzadeh

Bullish alt Shark pointing to higher prices. Good luck, Ali Sharif Azadeh, CFTe

SharifAzadeh

Gartley and Inv AB=CD. I don't expect EURO to rise significantly, therefore I take this position lightly. Good Luck, Ali Sharif Azadeh, CFTe

SharifAzadeh

This support zone can't be ignored. I expect a good bounce from here which might well start the 5th wave up. Good luck, Ali Sharif Azadeh, CFTe

SharifAzadeh

If the neckline at 85.1 is broken, we will witness a short term bounce in this pair. Good luck, Ali Sharif Azadeh, CFTe

SharifAzadeh

A gigantic bearish Crab and the subsequent price action points to much lower prices. Time analysis also confirms the bearish scenario. It seems that as the central banks around the world are running out of ammunition, the cheap money is becoming scarce and the meaningless rally in stock indices globally is stalling. Good luck, Ali Sharif Azadeh, CFTe

SharifAzadeh

Yesterday, bulls managed to break the upper, descending boundary of the contracting triangle temporarily but faced stiff resistance and failed to hold onto their gains. But taking into account the fact the inability of the bears since late August to push the price lower significantly, I favor an eventual bullish breakout of the triangle for a thrust to the 54.5 -...

SharifAzadeh

After experiencing sharp sell-offs in recent weeks, odds favor a counter-trend rally in Cable. A bullish Alt Shark pattern has formed and the time is also ripe for this pattern to work out. Also a clear 5-wave sequence down is visible which adds to the credibility of this scenario. I will turn bullish on Cable if the bulls can break the 1.5212 hurdle. Good...