As I mentioned on previous Ideal, I hoped (2776-2787) area will be final destination, but I aalso worry about above barrier (2806-2818). The result is price run to this area and the on Aug-15, Closed is 1 bullish pin bar,break out triangle on 17-08, this show a reversal to finish AB=CD. Yesterday,has been established new top, and then closed below 2863 level,...
AUDUSD : Bearish in long term. 1. The price has finished retest neck line of double top parttern to go down follow down trend. 2. The price has still run inside bearish channel. 3. On Aug-10, the wedges parttern has broken. If it come back to retest at level 0.73359 and then appear to bearish signal, daily chart closed below at this level. The seller may be...
GBPUSD , The bearish channel has formed from first of June to August, the price has run inside bearish channel quite nice, At important level and trend line has also appreared bearish signal. that is signals to sell follow channel. On Aug-09, Daily chart closed below chanel and broken trend line as well. and on Aug-14, Appeared to bearish pin bar quite nice,...
EURAUD, on 08-14-18, the Daily chart is closed by bearish pin bar. It's say that the price may be go down to neckline in order to built up S-H-S partern The Seller can keep going to bearish to neckline. And then waitting signal breakout and retest the neck line to continue bearish in-longterm and finish Wave as well.
on 02-08 , it has broken wedge pattern and On 08-08. It has retested to go down. So now, its keep going to break support line 1.15331. Waiting retest and bearish signals at this area to continue bearish .
On Basic, EURCAD has finished S-H-S pattern. If today's sesion close is bearish candle as well break neckline, It may be sell in short-term. Need to waiting until it come back to retest neck line and there is bearish signal and then it will bearish long term to finish wave.
On basic, S&P 500 Daily Chart is still long term uptrend, however it has touched strongly barrier zone (2848-2874), and there is signal of reversal. The area (2806-2818) will barrier on next. But i hope (2776-2787) area will be final destination. And i will wating price action signal at here for long term Bullish, may be come to 2930 on future.