Hi everybody, Currently BTC shows downside action due "222" Sell pattern that has been formed recently. For bulls, it is vital the price stop either at 5/8 Fib support or, at least above 6225$ lows. In this case BTC will keep chances to show upside retracement to 3/8 Fib resistance according to our yesterday scenario. If these lows will be broken, we're going...
Morning everybody, EUR shows a lot of hidden bullish signs, and shows some details that make us keep bullish short-term context. Our nearest target is 1.18. Please follow our signature link, if you want to know precise patterns, targets and explanation of our view
Greetings everybody, our medium-term scenario suggest reaching of 1238-1252 major resistance area. In shorter-term, while gold stands above 1190 lows, it keeps chances on immediate upward continuation. For detailed charts, patterns, explanations and targets follow our signature link.
Greetings, our major short-term target here is 5900$, but before reach it, BTC could show minor upside relief to 3/8 Fib resistance. For precise patterns and levels follow our link in signature, dedicated to BTC analysis.
Recent NFP report was very positive and this confirms our long term view on US interest rates upside trend. Now, there is 99.8% probability of Fed rate increase to 2.25% in September and 77.58% probability of rate increase to 2.5% in December. Prob. has increased for ~10% due last NFP data. It totally confirms the technical picture that we have.
GBP could follow the same tendency as EUR in short-term perspective. We have reasons to keep an eye on 1.32 area as potential target. For definite patterns, levels and how to play this scenario - follow our signature link.
Hi everybody, yesterday we've published our long-term view on BTC with potential target below 5000$. Now, as market is flirting with oversold, downside action should slow down a bit, and we also could watch for closer target - 5911$
As market shows no response to important intraday targets and we still have uncompleted major 1.618 AB=CD extension (aka XOP by DiNapoli terms) with creates an Agreement with major 5/8 Fib resistance - BTC has good chances to show another leg up to hit them. Besides, we see signs of bullish dynamic pressure here, as MACD goes down, while BTC is forming higher lows.
Some patterns have been formed recently that give us more confidence to expect upward continuation. We expect to see EUR around 1.1850. This should become a part of our daily long-term scenario. One of the possible ways, how it could be done you could see on the chart. details about longer view on EUR, precise levels, patterns and explanations you could find on...
Gold stands in retracement and recently has completed our 1190 target. Now we're watching for definite signs to estimate reversal. Details are in our signature link below. If reversal signs will not be formed, next support is 1180. But, as we expect rally on EUR (look for our today's FX idea) - Gold has good chances to support.
Greetings, once market has completed our short-term upward retracement (See "sell" marking on the chart of our previous signal) and dropped by "222" Sell pattern, we could return to long-term perspective discussion. Particularly speaking, we expect BTC around 4900$ within few weeks. Details and patterns are on our signature link.
As we've suggested EUR turns to deeper retracement. On intraday charts it is coming to important support levels and almost completed some targets, which make possible scalp long trading. For detailed levels and patterns follow our signature link
Gold keeps well daily flag consolidation which means that bullish scenario is still on the table. On intraday chart market comes to strong support of 1190, which could become short-term turning point. For precise levels and patterns follow our signature link
While market stands tight around previous top, despite it has reached major targets makes us think that another minor leg up could happen, before major retracement will start. Follow our signature link to get details on patterns and precise targets
Daily gold looks nice with bullish flag forming on daily chart. To get precise uspide targets, invalidation points, understand what patterns to watch for on intraday charts within 2-3 sessions - follow our signature link.
Targets, that we've specified and were tracking within 1-2 weeks have been reached. If you want to know what to expect within 1-2 days and on longer perspective as well - follow our link in signature field.
First we expect completion of 1.618 AB-CD target right @ neckline, then downside reversal to 1.1360 - bottom of right arm of our potential H&S pattern that we've mentioned in our yesterday's idea.