SharifAzadeh

SharifAzadeh

Same selling zone. A clear 5-wave structure in lower time-frame with clear negative divergence seen in RSI. Good luck, Ali Sharifazadeh, CFTe

SharifAzadeh

A bearish Shark formation is waiting in a massive change of polarity zone. If price reaches that area, a low risk short position is favored. Good luck, Ali Sharifazadeh, CFTe

SharifAzadeh

A vicious Gartley pattern which is accompanied by a Butterfly at the upper range of the channel points to a bearish move which will put and end to a multi-month rally, at least temporarily. Good luck,

SharifAzadeh

Elliott Wave structure clearly points to another leg up in DAX. This is well in line with my analysis on the resumption of downtrend in EUR, as ECB officials have blatantly made it clear that they will continue their massive QE until at least September 2016. Good luck,

SharifAzadeh

As I stated in this analysis the end of correction in DXY was imminent and with the weekly candle being a massively bullish Marubozu candle which has engulfed 2 previous bearish candles, I favor much higher levels for the Dollar Index. Next week a minor correction is more likely since the price has approached a previous support zone which should act as...

SharifAzadeh

After retracing more than half of its sharp decline in the recent 3 months, it seems that the bears are back in control. Considering the Elliott wave structure, the recent upward correction fits well with the 4th wave characteristics and since there is a strong change of polarity zone above, I favor another great leg down. Good luck,

SharifAzadeh

After trying unsuccessfully to break the key support at 1.1940, the bears finally threw in the towel. The down-slopping resistance line is broken decisively to the upside and the recent high is breached as well. The fact that the bulls were able to take out the high of the yesterday's massively bullish Marubozu candle shows that the bullish breakout is authentic...

SharifAzadeh

Bat structure at low boundary of channel. AB=CD pattern in the higher time frame. Long! Good luck!

SharifAzadeh

Several technical indicators point to the final legs of correction in Dollar Index. A clear ABC Elliott corrective structure which now has its C leg showing clear 5-wave down waves plus a possible Three Drive Bullish pattern and a positive divergence. I favor declaring the end of Dollar correction. Good luck!

SharifAzadeh

As is shown on the chart, Cable bulls have recently broken a massive resistance zone against Kiwi which had halted them several times before eventual upside breakout. Now that there is a throwback, considering the borders of this zone, I favor a rather short lived correction that will reverse in the current zone. The maximum downside potential for this correction...

SharifAzadeh

Heavy harmonic and classic resistance at 1.5677 level.

SharifAzadeh

May is definitely one of the worst months to be in the stock market and it seems that this year this pattern will continue. Regarding specifically the Apple stock, the formation of massive bearish 'engulfing' pattern accompanied with much above average volume shows that the big, smart money has 'distributed' its holding into weak hands and thus I expect a bearish...

SharifAzadeh

The decisive bearish breakout of the support calls for a target at roughly 151.81 level. Good luck,

SharifAzadeh

Bulls will have great difficulty in breaking this zone which consists of a change of polarity line and the top of a rising channel. I favor a decent correction at least here. Good luck,

SharifAzadeh

As I have shown in chart, 2 powerful bearish patterns, Bat and Butterfly, are forming in a tight zone. I favor putting sell limit orders in that zone, targeting 38.2% and 61.8% retracements. Good luck, Ali Sharifazadeh

SharifAzadeh

As I have shown on the chart, a bullish Bat pattern has formed on DXY chart. If Dollar bulls manage to break the 97.35 level to the upside, I will favor a decent upward movement for DXY. I have shown my targets on the chart. My Stop Loss level will be 96.30. Good Luck, Ali Sharifazadeh, CFTe

SharifAzadeh

Having been being under heavy selling pressure last week, the Dollar Index showed some solid positive structural signals on Friday 17th of April as the CPI data improved; specially forming a clear bullish Head and Shoulders pattern in the lower boundary of a steep downward channel. I favor breaking of neckline and eventually breaking of the smaller channel to...

SharifAzadeh

Stiff resistance and formation of a 'shooting star' pattern signals trouble ahead for Kiwi bulls.