aibek

aibek Updated 

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aibek Updated 

Current rise in emerging markets could be temporary as it is a pullback after a breakdown below the support of consolidation. To resume down the price should break below blue support.

aibek Updated 

Watch annotations

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Map is in the chart

aibek Updated 

The pair is in a consolidation, which looks like a triangle. It will shoot up and could reach 7 handle.

aibek

Copper retested the breakdown point within a small consolidation. Watch breakdown for another drop.

aibek

This is a classic change of market stages - after an impulse down there is a deep corrective pullback. The Bear Flag pattern is in the making. Another drop to follow once the price breaks below the pattern.

aibek

Nintendo is in a huge corrective structure. It's going to complete the last wave down. The target is to tag the previous low in the area of Y8000.

aibek Updated 

A year ago I posted a chart (see related) with map of weakness for CLP. This is daily chart to give you the map of the current impulse. Wave 4 could have been completed now. Wave 5 should at least tag former top of CLP 732. The next target is CLP 764 where 5 = 100% of 1-3

aibek Updated 

Usually traders miss the first leg of correction, but the second leg is our chance. The wave X (yellow) unfolded as triple three WXYXZ (white) and there are all waves are completed. We should wait for a breakout of yellow resistance. target 1 (orange) = peak of former wave W = 163.50 = minimum target target 2 (blue) = Y=W = 183.70 = most probable target target 3...

aibek

Aussie makes a very nice classic move - after breakdown it made a pullback (retest) and now it could drop again to complete the entire correction and hit either 61.8% (.6956) or 78.6% (.6863) Fibonacci retracement levels. That's why AUDNZD is in the red (see related)

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This pair is breaking down support to complete the last leg withing a larger degree second leg of entire correction before it will resume upside move. 1.03 area is the target where downside of the channel intersects with the 78.6% Fibonacci retracement level.

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This pair has been trapped within a large complex correction between 1.38 and 1.20. This move down started for the top could breakdown support soon to pass all the way down into 1.20 area to tag former valley. Then another seesaw move before the final drop occurs.

aibek Updated 

This pair was in a long running consolidation of wave B after a strong impulse up in wave A. The wave B could have been finished already and we are heading north now. The breakout above yellow resistance is needed. Target is between 111.20 (C=0.618 of A) and 112.93 (C=A)

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Combination of valleys where the central one is lower than the left and the right troughs shapes the Inverse Head and Shoulders pattern. Its a reversal pattern. Upside move should appear. Watch Neckline to be broken for confirmation. Target is equal to the depth of Head added to the Neckline breakout point.

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All waves within triangular consolidation wave B have been completed. Target for wave C down is former low of $15.16

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DXY couldn't break below former valley of 95.03 and now we are heading to break the former top above 96.68. This could make valid the unfolding of 5 waves up in larger wave (5) (green) to touch the big top of 103.82. On a bigger time frames (see related) we can go even higher.

aibek

WXYXZ triple three could be completed. MACD shows bullish divergence