SharifAzadeh

SharifAzadeh

New Zealand's Dollar is in a massive support zone. I see limited downside potential from now on. Must be watched for a long. Good luck, Ali Sharifazadeh, CFTe

SharifAzadeh

Analyzing price action in this box, I think bulls are exhausted and thus I favor a retest of the lower boundary of the box. Shorting opportunity. Good luck, Ali Sharifazadeh, CFTe

SharifAzadeh

I think we are in the middle of a 5th wave rally which should push the price up to the 1.49 area. Then we will witness a healthy correction which will be at least 700 pips. Good luck, Ali Sharifazadeh, CFTe

SharifAzadeh

Here is a monthly analysis. A massive change of polarity zone. I expect a healthy rest for Cable bulls here before resumption of uptrend. This zone won't be easy to break, specially when the market is so overbought. Good luck, Ali Sharifazadeh, CFTe

SharifAzadeh

A vicious Crab forming at the top area of a channel warns of a deep correction in GBP/AUD. Shorting opportunity. Good luck, Ali Sharifazadeh, CFTe

SharifAzadeh

Bund bulls managed to clear the resistance zone today but they failed to break the trend line. Considering the massive bullish candle, I think bulls will finally defeat the bears. This means: 1- Termination of the downward correction in DAX and other European stock indices. 2- Termination of the upward correction in EUR/USD

SharifAzadeh

In my previous analysis of this chart, I favored a correction because of a Shark formation. Now I think the correction is over and favor a breakout of the channel. Good luck, Ali Sharifazadeh, CFTe

SharifAzadeh

Bullish Shark on a rising trend line. Long. Good luck, Ali Sharifazadeh, CFTe

SharifAzadeh

Head and Shoulder at a massive change of polarity zone. Shorting opportunity. Good luck, Ali Sharifazadeh, CFTe

SharifAzadeh

AB=CD at the upper boundary of the channel and in a shift of polarity zone. Shorting opportunity. Good luck, Ali Sharifazadeh, CFTe

SharifAzadeh

A bearish Shark has formed and I favor a slight retracement before the bulls regain control. Good luck, Ali Sharifazadeh, CFTe

SharifAzadeh

A clear inverted Head and Shoulders pattern is being formed in the lower band of the descending channel. I favor a healthy rally from these levels. Good luck, Ali Sharifazadeh, CFTe

SharifAzadeh

AB=CD and Alt Bat in the upper boundary of channel. Good luck, Ali Sharifazadeh, CFTe

SharifAzadeh

It seems that after an ABC decline, wave I of the broad V wave in DXY is forming. I will buy when the Gartley is complete. Good luck, Ali Sharifazadeh, CFTe

SharifAzadeh

It seems that the expectation the FOMC will raise rates is taking its toll on SPX. With the short term trend line broken, I expect more selling pressure to build up in coming weeks.

SharifAzadeh

Next top is to happen around 10th of June.

SharifAzadeh

This relentless rally is unsustainable. A pause is favored in this area. Good luck, Ali Sharifazadeh, CFTe

SharifAzadeh

The support area in the rectangle has some unique characteristics that makes it a good place to expect the recent Bund sell-off to halt: 1- Trendline 2- 50% Retracement 3- Change of Polarity zone Until that area, I don't see any reliable support on the chart and expect the Bund price to keep falling. Good luck, Ali Sharifazadeh, CFTe