


Stop hunt at the 1.1 level remains the target IMO. Should have one more leg to the upside left. Will be shorting 1.1550's
Buy the dip. Looking at minimum 350 in the short term. Could be bottom Also forgot that okcoin spot trendline on daily has broken out. Waiting on BFX and Stamp but China on it's way now
shorting 7415 with SL set to 7423
short till the lows indicated and then praparing for the mother of rips in wave 3
Based on COT (Commitment of Traders) indicator, it appears that the institutional sellers have been closing off shorts. Not clear if they've been loading up on longs, but a vacuum is being created in the Asks that will lead to an inevitable rise in fibre price imo. Looking at levels, i really like the 1.23 level for an end to this correction before we head down to...
Some morning wood to wake up to hopefully
Sorry ignore previous chart, wrong timeframe! Looks like oil is flagging to complete wave 4 of 4 here. Should be done soon and then expect it to rally to 67 (38.2 fib level from highs around 108 to lows around 42) before dropping to sub 40, maybe 38-39. Longer term i expect it to complete an ABC pattern on the monthly around these lows and then rally to new all...
Final leg up for EURUSD inbound. Wave 5 of 5 setting up right here. Long targets below lows of recent 3 sessions
Totally shorted the top here and closed at profit earlier. Not liking the short any more. Pullback has happened and we have yet to make wave 5. Daily MACD is tired but weekly and 4hr have plenty of juice in reserve so it could push up and make some divergences that are desperately needed by the bears for the overdue retracement GL All
Time to see what the bulls have got. Seen lots of volume of late, so it's a possibility.Right now we're flirting with with the idea but it could fizzle out, as expected, and push down to complete wave C portion of the down cycle (wave C of C of B if you are counting lol). Or the rich Elliott Wave ignorants could simply show some arse and muhn everyone. Testing times!!!
DXY has topped. It's official now with the main blue trendline broken. Looking for longs in USD pairs until we have wave 4 target hit
Looks pretty severe to me, top around 1.0980 - 1.0990