bmun2348

bmun2348

XAUUSD in "B" wave, when is it going to end? No one knows. Short.

bmun2348

USDCHF - Possible short, not until the "B" structure is broken and a further flag is created.

bmun2348

Looking at short between the 19.90 - 20.00 mark but 20.50 looks possible.

bmun2348

USDCHF - Possibly bearish formation

bmun2348

USDMXN finished its wave 5 on the last week of Nov 2016. Currently trapped in a range (pause mode), don't know how to interpret the higher-high after Nov 2016 but to me can be viewed as the end of wave 5. The most likely scenario is down but don't take that for granted. Wave A-B-C within the larger wave. My take is that it's going to be trapped on the range until...

bmun2348

Bull on USDCAD, wave A-B pattern completed (orange). Coming from 2 bearish formations, blue and red. Long at 1.3072 SL 1.2950 TP 1.3250 We'll see.

bmun2348

Simple 1,2,3 in the daily chart for EURJPY, hopefully will go higher. SL lower 117.85, entered at 120.50 aiming at 123.80 mark

bmun2348

Not sure what side to align to at the moment. The shorter wave (blue) indicates a rebound to then go higher but the larger wave (red) indicates the opposite. We'll see.

bmun2348

Nice 1 - 2 wave, down trend top line has been broken, not so much volume as I would like. I'll go long if it stays above the trend line. Note: other JPY pairs e.g. EUR, AUD and GBP (in a lesser degree) are presenting the same pattern, it's as if the yen is ready to go lower?

bmun2348

Dollar Index H&S forecast

bmun2348

Needs to bounce off the 1210 - 1200 to complete the 4th wave and initiate the 5th wave targeting 1275.00. Would this happen? Who knows?

bmun2348

Wave in yellow in progress, may go up but then down?