Greetings Folks, China A50 Index a Bull flag pattern has been forming on 4HR chart. A bullish break is a key confirmation of the uptrend continuation. It also confirms the end of wave 4 and the start of wave 5. Watch out for a possible breakup level. All the details on the chart... Good Luck.!!
We might be in a big corrective up move that could be the last part of a C wave (other 5waves up, after a 5, 3 series), inside a B wave (in the bigger count).
Hi guys, USD/CAD is the pair that is on my watching list for this week and is very interesting. The level that I am watching is 1.1917 which can a trend line from 07/2013. Also lets keep in mind that the H&S has already hit target and looks like we are in 5 waves up in this pair. Time for correction or reversal? I don't know, but thing is for sure, if he gets...