see our line and the illustration above and you will be happy
i will let you see how the market repeat it self but not on same direction, it is divergence repetition
NZDUSD breaks our resistant lvl ... Our Technical Point Of View Is Buying Above Broken Resistant And Ride The Channel ... Big Descending Channel Broke, In Which It Give Us A True Signal Of Break ... Good Luck , Our Bullish Target Is 0.7400
a great potential trade here . our technical point of view is to enter this low risk high probability trade.. Market is playing into side ways consolidation phase, with a bullish channel where the market is facing a lower boarder of it, in which it represent a good resistant with a good potential trade ... good luck our bullish target at upper consolidation...
this pair is trading inside bearish outlook with descending and wedge channel .... the pair found resistant at the upper boarder of (descending OR wedge).. then found support at 1.4325 in which we are expecting a side ways continuation, till proven other wise our technical point of view trade the break either way, both target illustrated on the chart
the pair is trading in ascending channel inside big descending channel.. around 1.1110 the pair found support from the lower border of ascending channel dated DEC 2015 till now ... my technical point of view is top side target is favor toward 1.1700 as long as we are trading inside this ascending channel
do you remember this chart guys. the follow up chart tells me that we could of having a irregular flat zigzag pattern and downside target still in play, last up move ABC with C=161.8 EXT ended .. good luck
this is my analysis based on 4H both technical and fundamental written by STA/ Q.Jimmy since the boost that oil market had in early Q1 of 2016 from 26ish low toward 42ish high was a great bull run, in which it considered as technical Elliot impulsive wave ( 1st wave or A wave ),based on this we will trace the price movement to see if it is an 1st wave or A...
Since Yellen Decided To Cut The Forecast Of 4 Hike To 2 Hike The Dollar Tumbled (Fundamental Shift) Look At The Chart, 10/3/2015 Dollar Dropped From 98.42 To 95.93, Then Retraced 50% Before dropping down another time from 97.10 to 94.50 on 16/3/2016, The Ratio To The Down Side Was 1:1 ( Price Dropped 3 Dollars Each Move) Because Time Matter Also, The Drop Took 4...
We Are Playing Inside Ascending Channel, In Which It Support Further Gain, Speculators More Bullish In Oil , This May Give Oil Market A Relive, But We Still Did Not Face The Strongest Level Of Resistant 200 SMA , Before Down Trend Continues
My Technical Chart Says That We Are Near Turning Point At These Levels Specially After The Price Went Into Wedge Structure And Most Often It Have A Reversal Tune, But What If We Are Forming A Bullish Channel, For Me I Think More Upside Pressure Is Favor As Dollar Tumbled.
How Many Times You Guys Heard This Word DATA DEPENDENT, For Me I Heard It Since The Beginning Of 2015,When Yellen Said We Are Using Data Dependent Policy To Track US Economy And Growth, And She Decided To Hike Rate Based On US Data (( Data was not perfect but also not that bad)) .. So, Why Yellen And Fed Decided To Cut Rate Hike Expectation.. Does All Things Done...
I Trade The Market Based On SMOF And S/W levels
technical VS fundamental , over all am expecting a bullish move toward so good level as I mentioned on the chart