jurev

jurev

If this wedge holds it's possible we can expect a pullback in the next few days to a medium term support, then back to higher heights.

jurev

We could soon witnes cypher pattern completed on daily chart. Then we may short.

jurev

GBPCAD may be completing ABCD pattern: if sometimes in the next days touches 1.16 the A and C waves would be the same size in value and time. In that case we may witnes bigger bullish retracement up to 1.17.

jurev

This chart shows a possibility that EURUSD is testing the bottom of trend channel on weekly TF. We can also see that the blue support line at 1.1110 holded the test in the past few weeks, and the red resistance trend line has been broken and now holded as a support. These may indicate that the long-term bearish trend is loosing power, and bulls are taking over.

jurev

After 11 consecutive bearish days of GBPCHF this pair may have already hit the bottom and we can expect some correction any time now. But, as you can see in the chart, GBPCHF still has a little room down in the next couple of days in order to complete Head & Shoulders pattern. Notice the blue arrows of H&S legs are of the same length, and if the current bearish...

jurev

AUDCHF approaching strong resistance around 0.715 (200 SMA on D/1, bearish channel on W/1). Possible reversal with TP 0.71-0.707, or maybe even 0.705.

jurev

Approaching important long term fibonaci support and weekly 200 SMA around 1.1150-1.1110. RSI od D1 fell to 24 after 9 consecutive days of daily bearish candles without significant pullbacks. Time for some correction to 1.1315-1.1370.

jurev

My 2-3 week old chart suggesting possible TP 1.20 is still valid. In the past days possible completed cypher pattern (extended little higher than perfect). If pattern valid we can expect short term TP 1.1272, and medium term TP 1.12 still possible.

jurev

My chart from 2 weeks ago with TP 1.12 still working. In the past days a wedge is formed on H4 pointing to TP 1.12, then possible reversal up to 1.14, and finally down to final TP 1.1120. This movement would complete 3-drive pattern od D1, as suggested on my chart.

jurev

In Oct-Nov 2018 we had ABCD pattern (see 3 colored waves ABC). This was followed by D/1 ascending channel which can be recognized as Bearish flag pattern on weekly chart. In the past days again ABCD pattern has been forming: for now first two waves C and B are the same length as the mentioned waves from Nov 2018. Also notice two false breakouts from the ascending...