Tagurit

Tagurit

We finished our Flag , now for the correction? Two S&R zones with confluence with FIBS and Elliot, not to mention the downward sloping pitchfork that is seemingly being respected. Projected 200 EMA and BB median are inline. There appears to be some level of relative divergence as well. Thoughts?

Tagurit Updated 

Mid-term Shark. I don't like to wait for the completion...D is the greatest opportunity (and maybe risk), rather than waiting for the PRZ. Lots to look at here; perhaps too much. Start with the easiest - RSI DIV. LT pattern - upside down cup, though there is no indication of handle, just a really nice arch. Recent low has confluence at downward sloping flat...

Tagurit

Bulls need a rest! We've hit the 2.618 impulse (1-2-3). Retrace to 0.5 of recent push. Confluence with LT S&R and projected BB median. T1 and T2 marked. Thoughts?

Tagurit

With CAD rate hike likely coming... CAD retraced to 50, forming channel top at LT support turned resistance. Two LT supports at key extensions. 2.0 confluence with median. Possible 4hr RSI divergence. Thoughts?

Tagurit

AUDCHF long to ~0.7250 - LT (1yr) resistance. Confluence with Pitchfork. Up channel median. Retraced between 0.236 - 0.382. Lower 240 BB. Broke Jan/Jun/Oct support. Double tap new resistance. 1 hr RSI divergence. Perhaps a ST pullback to ~0.6860 -0.6890 Thoughts?

Tagurit

Stopped at 78. Short term reversal to 38 or 88 (preferred). SHORT Continue uptrend afterwards. LONG LT pitchfork, upper channel confluence with 200 EMA and 88. Risky short. That's the game. Not advice. Thoughts?

Tagurit

Failed H&S w/ bullish flat top flag. Head tested weekly LT major resistance. MACD & RSI consolidating, both in positive territory. Wait for break and retest flat top. Thoughts?

Tagurit Updated 

As marked. Break from resistance. Flag formation retraced to 38.2. Thoughts? NTA

Tagurit

Short-term short to 1.1745. Long-term long to FIB 1.618?? Levels and path indicated. JAO (just an opinion)

Tagurit

If we break 0.9050 (below LT support and down trending pitchfork median), could be an impulse to 0.89. JAO (just an opinion)

Tagurit

ST-105? LT-140?

Tagurit Updated 

LT Support: Lower Parallel Vertical Support 0.618Fan TP:0.5Re/ 0.786Ex 1.558/1.565/1.570 SL:1.5480

Tagurit Updated 

Resistance along fibs and pitchfork with confluence with key supports on the way down.

Tagurit Updated 

Resistance along fibs and pitchfork with confluence with key supports on the way down.

Tagurit

Break above 1.9610 look for 1.970. Tight stop - just below last low- 1.9485. Points labelled. Just my thoughts. Yours?

Tagurit

Terminating channel from March with a confluence of 0.236 (green) retracement, 1.0 (blue) extension of 2019 low, and 0.618 retracement of March channel. 5-3-5. Fibs in check. Impulse to follow? Target?

Tagurit

"Relatively" higher lows SRSI. Retrace to 0.236. ABC and 5 wave to 1.236. Convergence w/ lower Schiff. Thoughts?