motleifaul

motleifaul

Perhaps a bit early, but I think the overbought status allows a sale.

motleifaul

I suggest that a new correction to the downside is beginning with potential to close the gap of early July.

motleifaul

It became quiet cocerning the use of Gann fanns. A couple of weeks ago many studies had been published. Now they seem not beeing favoured any longer. Let's try them again. I know there is a correlation with gold. But the potential of PAL is high due to the penny price.

motleifaul

I am not a specialist of Harmonic Pattern. Perhaps the specialists can say something whether this is valid. I suggest another rise of the USD.

motleifaul

Perhaps we may test the mid April low again.

motleifaul

Let's try it.

motleifaul

Well, Humpty Dumpty hasn't been put together completely yet, but it seems to me thet we can begin to set him on the wall slowly.

motleifaul

The market seems not to believe this: wallstcheatsheet.com The chart indicates an outstanding correction. How far? Let's see.

motleifaul

The NZD seem to stick in its range and is going to test the downside within it now. Let's join it.

motleifaul

There is a white candle with a long shadow. For a hammer the body is to long but I consider it as a buy, nevertheless.

motleifaul

I just went long on penetration of the MA.

motleifaul

We run in a sideward range and reached its bottom now. At least a correction is due.

motleifaul

The downtrend is intact and we move downward along the Gann fann.

motleifaul

This had broken down through the triangle and tested it back. Now the correction can be completed towars 50%.

motleifaul

It's the low from March now. Let's look whether some profit taking will help the pound on the feet.

motleifaul

Overall uptrend unhurted yet.

motleifaul

I will be short after a retracement to either the neckline or one of the ascending channel lines.

motleifaul

I will continue long when we climbed the green line or at a retracement to the triangle.