TheWhistler

TheWhistler

Probable head and shoulders forming. Confirmed on neckline break Have a fantastic festive period. Keep safe and good health Cheers

TheWhistler

DXY price pattern calling for lower prices to complete a possible expanding flat

TheWhistler

BC has taken out the lower boundary line of a probable ending diagonal in a throw over. Close above the top boundary line will confirm completion and i will start looking for long opportunities.

TheWhistler Updated 

Just an update on my 8th August post. Expecting more downside to complete the ending diagonal

TheWhistler

Food for thought as the trading year approaches it's end. This count suggests lower prices below 23000 level. And reflects my belief that a 5th wave Cycle degree is still pending and that the 4th wave is yet complete as an expanded flat

TheWhistler Updated 

La fiesta ha terminado ( the party is over) for the bears that is ,or is it? Three up, three down. (X) spots a probable flat with an ending diagonal for a C wave which has a through over. Expecting buyers to start showing up any time now

TheWhistler Updated 

I was looking for a 5 wave impulsive move which ain't gonna happen we just got 3 instead.( clear on the daily chart) So i decided to take a longer term view and look at the weekly. I see a POSSIBLE ending diagonal with a 5th wave in progress. Any thoughts on this?

TheWhistler Updated 

Spotted these two classic reversal patterns wrapped into one. In red is a diamond top. As per Thomas N. Bulkowski book Encyclopedia of chart patterns, the top diamond results to declines of 20% and hits this target 79% of the times. It has a failure rate of 25%. This stats command attention. So watch this one. The second pattern is a possible head and...

TheWhistler Updated 

The alternate view is that the DAX is in a 4th of the 5th.Which suggest one more higher high. Current correction appears to be a flat spotting an ending diagonal C wave. Levels to watch 10474 invalidation level for current count. Close above 12456 will strengthen the bullish case Happy to hear your views

TheWhistler

Highly probable WXY pattern with what looks like a complete X leg as a flat spotting an ending diagonal as wave C.

TheWhistler

The market is hovering above 5511 level. Why is this important ? The euphoric rally started from 5511 back in November 2017 The gains it made since then have been more or less wiped out. Hence the market has reset. Its as if this rally never happened If market holds above this level , we might see the resumption of the bull market The momentum signature by the...

TheWhistler

Will the bulls defend the 5873 level?

TheWhistler Updated 

Critical decision levels at hand. Pair is bullish as long as it holds above 6650. A close below this level will greatly weaken the bullish case and buys will be off the table for me. However a close above 7662 will be encouraging. Expecting pair to find traction at current level - 7205 - 6806 and buyers stepping in

TheWhistler Updated 

1 minute ago The bears might be taking a break soon. Expect buyers to step in soon so long as price holds above 1.1580. Currently spotting an ending diagonal . Looking for buying opportunities when price closes above the ellipse

TheWhistler

. After 5 months in a triangle consolidation, the market is clearly in a bull run so long as price holds above 2595.28. Currently primary wave 3 in progress towards 2800 level. Once complete I expect a retracement to retest 2701 before buyers step in for the 5th up.Hence a good buying opportunity at current levels exits

TheWhistler

Bulls likely to take a breather from the top of 9893. A retracement to between 8595-7778 would not surprise me. Overall, bullish so long as price holds above 6438

TheWhistler

As per above update

TheWhistler Updated 

More upside expected.