rf16saun

rf16saun

Just hold on till get a clear indication if it's start of new higher wave count which will take this to $5 after completing the ABC correction or it is unfolding the bigger ABC correction which will bring it near $1.50 area. Per my count it has completed the Wave C held the fib cluster now either it is completing the new Wave 1/heading to complete correction B.

rf16saun

It seems we are yet to complete Wave 4, per my previous analysis nIfty would have been moved higher to complete Wave 3 of 5, but today's drop just after approaching 78% retracement suggest that we just completed the correction B, and drop was the completion of C. As C will complete smaller 5 waves, before closing small pull back looks like completion of wave 4 of...

rf16saun

THis pair broke rising wedge to the downside and formed ending diagonal, last week it could not break the ending diagonal to the upside and price reversed after hitting the FIb 38% retracement from the high of the wedge. The ending diagonal is also with in the range of daily support and resistance. As the price has moved little down after reaching the diagonal...

rf16saun

Break out from the high, potential good risk return to fib zone and add after it falls after reaching the 100% of fib extension to next leg up

rf16saun

From past week DXY index was completing the right shoulder, today price finally broke the neckline. Still time to close but the massive engulfing candle looks like we will get a clear neckline break of the H&S. Let see if the Dollar hit the low of 90 in 2018.

rf16saun

Today's Nifty drop looks like corrective wave "A" completion, until new high is taken out tomorrow it will be crutial. We might get agreen opening to wave "B" only to fall later in the day to complete the Wave "C". Given tomorrow option expiry conviction to close in red increases, but in case if the new high is taken out tomorrow then we will be in the last leg...

rf16saun

After breaking the inverted H&S rate hike from BOC, it is consolidating for a month and formed a rising wedge on H4. With Canada CPI ahead it looks like it is going under as CPI is expected to be higher. Wait for wedge to break for the confirmation.

rf16saun

approaching the internal trendline, if main trend line is broken be careful to be short before price clear the support zone

rf16saun

Look for a break out in triangle, if it breaks down side support can be on curve line with confluence of 50%

rf16saun

This Pair is in a beautiful channel, price is looking like it will break the channel to the downside, even now it is short for next week if broken bigger fall

rf16saun

Pair has broke last month up trendline

rf16saun

small bear flag in EURJPY

rf16saun

It is in an interestinf descending channel for a month now, with yesterday's fake break out it is in the channel again.

rf16saun

It is on the verge of completing the right shoulder on daily, if it breaks the highlighted trendline in H1 chart then will complete the right shoulder and break of a massive symmetrical triangle on daily. Close above the previous high on 1H will invalidate this setup.

rf16saun

After Fed's comment pair is on monthly curve watch out for break.

rf16saun

H1 it has broken to the upside but is resisiting on 61% fib, look how the price behave more likely of a fake break out.

rf16saun

small short opportunity in EURUSD

rf16saun

Today price perfectly respected LS trendline and its falling back to the potential completion of right shoulder