X87

X87 Updated 

I know that a lot of good traders are foecasting that gold is going to the sky, but maybe not. Lets see. Right now XAUUSD is doing a double top with in the same place we left gold since mid april. Also watch the blue gross line showing us the superior side of the weekly trend we had been surfing since mid 2016 ..... all history. So this trend direction will be...

X87

I already made a bearish forecast for the GBPUSD but maybe with the BXY can explain my point clearer. In march 27 I made a forecast of a Cypher pattern, but it really was a Butterfly, anyway it was a great trade. For now, in the chart you can see the rising wedge we had been trading in between those gross pink lines since early 2017. The most important thing, is...

X87

If the DXY continue recovering his value (watch the DXY and XAU forecastrelated ideas), for next week before FOMC statement probably wee will see this. Notice that the line is touching the upper barrier in the dayly trend. Be aware of the expanding wedge forming inr the RSI and that in the Soch RSI we have overbought levels. For this trade, EP 0.75180 SL 0.75600...

X87 Updated 

Please go back and check my april 16 2017 forecast for this index, in which I forecasted a Three falling peaks formation in the mid term, as well as a falling wedge . Great forecast. I admit was confused with the falling wedge expecting for last week some corection, considering that several times the line rebounded that 98.75 level. What happened with the DXY...

X87

This is my Euro -0.03% forecast. The picture is very clear about the Bat Pattern I had found. Why the retrace? For tomorrow I dont expect any changes in ECB monetary policy , and also think they will be talking more about external risks for the EU recovery due to political tensions. Anyway, data is still showing at least for me a good recovery when you take a look...

X87 Updated 

In the Daily time frame, you will see that still we are in the same channel since 2016 started. But where to go then inside that red channel we´re rebounding along? If you go back all 2016, will find the blue circles price action in the AXY to be something as a pivoting level. In the past, surpassing that level will take us very fast to reach next level. So, if a...

X87 Updated 

I see a Head and Shoulders and a Bat pattern

X87 Updated 

This is a short term trade. We are trading the rebound from our weekly wave trade in blue (watch the Week time frame), but inside the gross pink channel in a correction mode. The RSI is showing us a descending wedge, and right now we´re trading the bearish correction movemenvet forming 4 to 5 wave probably ready for big rebound rallie ... but not yet, hold your...

X87 Updated 

There is still bear potential .... we need to fill that channel

X87 Updated 

I see a Bat pattern .... be ready to close your trade

X87 Updated 

Ok, You can see the Cypher pattern I´m trading.

X87 Updated 

I see a 3 falling peaks formation. Also I see a falling wedge in the mid term, but for now we are still bear in this index confirmed by the Stoch RSI + RSI. For this trade EP 100.34 SL 100.624 TP 1 99.450 and TP2 for the 3 falling peaks formation at 98.712.

X87

After the channel has been borken, for this trade, you will need to wait for a flag correction and then full bear again. Just notice Stoch RSI and RSI. EP 107.653 SL 109.119 TP 1 105.500 and TP2 103.500

X87

I see a double bottom

X87

You should be selling this channel

X87

I see a head and Shoulders

X87

Affter the Cypher we trade since february, a Butterfly pattern showed up, and as expected we had first the 38.1 fibro retracement. After that we saw also a bull impulse but then Draghi made his cute speech, so then a double top, and finally the 68% fibo retracement in the same butterfly last friday, after astonishing employment news. Could you beleive it? Yes,...

X87 Updated 

For me, this should be one of the best trades for next week. I see a falling wedge in the 1D frame, and right now we´re touching his top. Since beginning jan 2017 we had been trading the thin pink channel, and right now we see a trangle ready for us in between those gross red lines. Also remember that dobule bottom we´re in since october last year showing us how...