looks like NZDCHF is close to an end of a corrective price action.
EURUSD most likely topped and is ready for a larger bearish leg?
wait for wave 4 to play out and then long for wave 5
I don't know but there's a chance that SPX500 still looks corrective.
I believe corrective action has completed and bull trend may resume any time.
don't forget to calculate your risk :)
At least i will not short at this level or if you have open short i'll at least close some to lock in profit. Thrust out from triangle are meant to be reversed sharp and fast.
possible short here i believe.
simple follow the trend short. maybe we'll hear dovish comments from Fed chair today amid recent stock market turmoil.
Trend line broken, more downside expected.
5 up 3 down from low, plus retest of trend line, it's time to go long.
it looks like a-b-c correction completed. Mr. Draghi lost his credibility due to DEC ECB huge miss, March more action? doubtful. FOMC still hike 4 times this year? doubtful. Fundamentals are changing.
it looks like a-b-c correction completed. Draghi lost his credibility amit DEC ECB meeting huge miss. Fed still can hike 4 times in 2016? doubtful. fundamentals are changing
LOOKS LIKE A TRIANGLE IS FORMING, I TEND TO BELIEVE IT'S A BULLISH TRIANGLE AND WILL BUY BREAK OUT.
supportive trendline broken and retested. price now moving down impulsively.
It looks like USDCHF correction (price action in the green channel) is about to complete. Beware of next bearish impulsive down. If this is the case, risk sentiment will be bad.
it's a three waves up for last week's bounce, it stalled right at channel upper boundary line. I'll turn bullish if price break above green channel.