hi all it's an update according to the price reaction - we currently at wave 4 which could reach till 2855 (according to EW rules can't go above wave 1) . usually correction should occur between 38.2%-61.8% accordingly 2545.8- 2767.9 , but could last more . if the price exceed more than 2855 than we'll have to evaluate the new state . i'm still in mind the...
Hi all, according to EW it seems we gonna have some more down . as i plotted we can see the waves on the chart and at the moment wave 5 is established, the target for it gonna be around 2000 ,pscylogical level and if break down could lead to 1930 and we gonna meet the area we haven't seen since JUN 2016 . in order to cancel that scenario we should go up above...
HI ALL, TAKE A LOOK ON THE DAILY CHART , THE LAST DAY MADE A CANDLE - SHOOTING STAR , A BEARISH PATTERN . CAUTION SHOULD BE TAKEN .
hi, the ETF DOLLAR index seems to gain some "power" lately and my opinion it's gonna continue for a couple of months ahead. form the boginning of 2017 the trend is clearly DOWN and on the weekly chart it's more clear for this trend and ad you can see there are 5 waves till the beginning of 2018, the last wave (5) it's with positive divergence (MACD) which...
the couple continue on his way uptrend which mean the green is getting weaker . as we can see in my opinion the pattern evolving is H&S , on the daily is much clear and gave the weekly in order to attached the target which is more clear on that frame , so when it will break up on the right shoulder according to the target H&S rules i'm expecting the couple to be...