Long Term GJ has been a in uptrend mode.. As long as parabolic curve trend acts as support we'll see GJ making new HH upside targets 1.272 and 1.618 or even more or we may continue down to recent HL
Major Trend is up.. Selling is counter trend trade.. Price is overbought looking for a sell @ D. TP @ trendline.. Break of Trendline will hep further decline for a recent HL
Recently EUR've been having more Demand.. If dotted trendlines becomes support and price holds we could make a new HH Target 127.2 and 161.8 IF prices breaks dotted trendlines we could see more declines toward recent HL
ABC correction to downside still in contact. Touch of the trendline will help more shorts to complete C @ low
You spot 1.0000. You like that level.. Everyone like So.. Lets touch 1.000
Assuming Fed not hiking interest rate at the moment.. BOJ says JPY cheap and weak Hope it helps post ur ideas..
CHFJPY minor Trend is down.. Taking a trade from BC is counter trend trade... C is a good point to selll (Price is overshoot @161.8) Don't have much from fundamentals... Hope it helps..
Lets see how it goes.. 4 Entries to be taken.. OIL prices needed to be watched This is an ASSUMTION based on the HnS Pattern. Some patterns are not yet formed. Hope it helps .... Post ur ideas..
Possible ABCD or XABCD pattern Longing GU @ buy 1 if Buy 2 executed closing both Buys and Buy2 TP Closing my GU long @ 1.5734 I'
GBPJPY needs a rest ... Wolfwave 4 in progess as suggested by LighthhouseKeeper Here's the link
GBP USD made a good rally up but upside momentum has now dropped 1.5462 Critical. Above 1.5462 expecting to reach 1.5726-1.5774 Range Beware of US data 1.5545,1.5581 1.5650 1.5687 resistance Pressure on USD as OIL GOLD and JPY all over USD Sudden rate hike is expected for GU If u like "like"
Euro breathed a little last week but NFP smashed EUR back downtown... Oil Gold Jpy all over USD Greece is really hurting EU 1.4000 is critical above 1.4000 we stay bullish 1 Month Chart a triangle formation All the way below Conservative Entry Bears dominate Support 1.1041 Resistance 1.1348 1.1407 1.1452 1.1523 1.1664 There may be a demand zone before...
USD JPY recently broke an ascending triangle in daily TF.. Still Bulls are in action.. Upside Target 128.0 handle up above all the way to 134.50 possible Last Week thoguh EUR came stronger USD dominated at the end of the weekend .. Agressive Entry 123.04-123.72 to 127.70 Conservative Entry 121-121.58 to up 123.72 125.0 handle Critical
Expecting a bear flag to ride low till 1.1034 - 1.1064 Good Time for me to exit 1.1060
Lot of eyes on EUR USD Small Wave count invalid - Learning From Mistakes :) Greek Mumble Jumble coming to an end USD rate hike is expected US GDP good (they have to work on unemployment) 1.0500 and 1.0000 In sight Started EW analysis few months ago Learing from Mistakes :) TRADE HIT STOP LOSS went for our side for 70 pips