Trading the STRONG against the weak! with just few modifications. EUR= Green USD=Red GBP=Blue CHF=Aqua Blue AUD=Orange NZD=Gray CAD=Maroon Red JPY=Yellow
A nice ZigZag is near to complete, there is strong weekly resistance at 2.40000 where as @ 2.3769(Fib 50%). which will may be lead to Bearish Idea in up coming months. Now i am looking for further confirmations then Go Short.
After AB=CD For Long 1- RSI should be above the line in yellow zone 2- In price chart yellow thick line should be above the green line 3- Heiken Ashi should be green
2015 Forcast and " also see other chart " bearish butterfly
1-Completion of Possible Ending Diag at (v-c-C-4) and its also a completion of wave 4 of 5 wave's. 2-May be its (1 to2) or (A to B) 3- in any case its short for upcoming 10-15 days a good move of about 500+ pips 4-Below 1.4560 its short & Stop lose =4650,1- Limit profit =4200 ,2-Limit profit =1.4000, 3-Limit profit=3800 & so on.
A possible Short term long opportunity is coming up for the AUD/USD from 1 to 2 EW .Then SELL if price gives positive sell signal below 0.9460.
Support & Resistance levels are clear ( chart explain itself)
Multi-year Trend line as Strong R. ABC retracement in process.
Multi-year Trend line as Strong R. ABC retracement in process.