Trading1to100

Trading1to100

EURAUD is in the process of a bat pattern: XA=13626-15226, AB= 14626(382), BC= 15000-15152(up to 886 of AB) CD= 13969-138095(786-886) PRICE ZONE. Above 15226 will invalidate Bat for higher price zone.

Trading1to100

2 patterns completed at around the same price zone 15320-15210 @ 15233. SHARK/BAT price is currently targeting upside price zone between 15608-15855(382-618). EURNZD has a big consolidation zone between 16245-15094, so far this is the 1st wave of the consolidation These 2 patterns also have lower price zones for completion at the 113%*XA completion if and...

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GOLD since making a low at 1235 it has been range bound Break above 1258 will target price zone = 1268-1273 or 1282-1290 It could still be in a consolidation phase between 1235-1258 for a break in either direction. Below 1235 will Target price zone= 1225-1190.

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USDJPY tagged the minimum price zone between 112.10-112.40 @112.46. Price consolidation, break below 111.50 then price zone 111.33-110.80 Break below 111.00 will be a complex correction with price zone= 110.40-110.10, however this is not active as yet.

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GBPNZD exceeded price expectation and into the upper price zone 17600-17620 @ 17660. The impluse from 17330's to 17660's there will be a consolidation Early to say whether it will be short/sharp or complex/long Consolidation price zone: 17540-17460 or lower above 17330. Below 17330 will validate lower price zones, however not necessary for the time.

Trading1to100

EURUSD broke out of the channel upside price zone= 11417-11555, there are multiple price targets within this zone. Price consolidation at 11417-11555 or breakout above here then higher price zone will be actived Breakdown below 11417-11555 the a retest of the price channel 11060-11295 or lower.

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NZDUSD tagged the upper price zone between 7336-7355 @7344. Price needs to break below the 1hr/4hr trendline around 7240-7220 however It is a potential corrective pattern as long as 7185 is not breached to the downside Downside price target on break of 7240-7220-7185 would be between 7143-7019 zone.

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2 PATTERNS GARTLEY AND AB=CD(127%) completed at 17330's and now it has retraced 618%. Consolidation expected from 618 or above, the consolidation should not breach 17330 for upside Upside resistance zone = 17500-17520/ 17600-17620, however can exceed higher.

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GBPNZD has since completed 2 patterns 1 Bat and now completion of a GARTLEY on the 15min TF. Downside is probable, however there could be more consolidation to the upside. Break of 17550-17560 will potentially target 17684-17720 for a Cypher.

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Gold has tested nearly all levels for AB=CD, 1244(100%) after this it started an upmove which did not hold anD tagged 1235(1234=127*AB) There is still 1 more price zone @1222(162*AB) should a break below 1234 follow then 1222 -1190 will be the next price zone Below 1190 then potential lower price would be validated.

Trading1to100 Updated 

Silver completed AB=CD @ 16.34 (100%). It has a decent move to the upside however a few obstacles in the way before it does clear the path to the upside. 1. usually 382 TP1 target needs to be met or exceeded 2. equal moves from previous correction could be venerable to the downside/correction 3. Green trend line potential resistance nearer the 382 zone...

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NZD has tagged 7296 potentially completing the Cypher pattern. and in the short term its on the downside Price has already retraced 382 of the 7206-7296= 7262 and could get to 618= 7240 as it is still within the larger triangle/channel from 7319-7185. Breakout above 7300 will target 7336-7355/ 7400-7425. Breakdown below 7206-7185 will validate BAT/CRAB to the downside.

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NZD is in the final stages of completing a cypher price zone= 7278-7300, however if it does break above 7300 then it will invalidate the 2 downside patterns Bat/Crab. Above 7319 resistance zones= 7336-7355/7400-7425.

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NZD is in a triangle and multiple patterns active, within the triangle 7319-7185: CYPHER= 7278-7290. D/TOP= 7319. Above 7319 then upside resistance= 7336-7355, careful if no follow thru then market goes lower. Break above 7319 can also target= 7425 (CRAB).

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Oil has tagged the 113% @42.60 alt bat on the 4 hour. There are 2 option here: 1. consolidate and continue lower for the daily bat @ 886 = 41.00, break below 39.12 will target 37.05/34.80/29.17. 2. reverse from 42.60 for at least 382/618 consolidation.

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GBPUSD has completed 3 waves from 13029-12590, what happens now... Consolidation would be next 1st price zone 12730-12810, Once price get here then a consolidation or continuation of the Trend to the downside.

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On my previous analysis GN failed to clear the green trendline and continued lower and confirmed the downside below 17494. Downside target zone 17354-17243 for the time being, however depending on the price objective it can still go lower to about 17150-17100. GN could consolidate/reverse from 17354-17243, look for reversal price structure and possible termination...

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EURUSD has breached green trendline, break and close below 11130 then price target zone at 11080-11050. Once 11075 is breached to the downside then 10900-10800 will be probable however it is not necessary for the price to go that low.