Yesterday we had a good rebound into the support area Based on my analysis I think we are in a new long wave to create final 5° Focus point will be Breakout of the upper part of the descending channel, this will be a confirmation of this view.
this very hard deep short phase of eur create some value holes I think an (not easy) up phase to cover the lack until 0,6 fibo
In this moment after USD rally we are on top resistence area and sell for institutional. I think there are possibilities for a short trade in this moment.
The next move of EUR will be Long. I suppose a little bit rebound and a hard long phase Stop under near support or little bit down.
Finally 3° wave should be completed so we can have a rebound until support area above first wave.
Break even point is area 1.0792 Below this price we will go down with a potential break of support area
Based on the current situation we have the possibility of a break-out of the support area. In the event, the short view for the coming months and the possibility of testing 1.03/1.04 will be confirmed. What do you thinks?
this is my idea for NAT GAS Probably we are in final 5W UP with target 3.5$
I wuold like share my long terms idea on EURUSD. The cross has broke the channel long after top on 1.115 Probably we are on ABC structure and in a short channel (in red) IF we are in ABC structure probably we will be in wave C final From my point of view we have completed the first and second wave of C and for the next week we can have the final 3 and 5 wave with...
This is my idea update. Basic the general macro economics data suggest a short.. but!! I think we are in a new long phase with COT EUR net position increased and a potential rebound of price until 1.10/1.11 I recalculate the elliott wave analysis
I want to be honest.. The rally long was a surprise for me, I expected a long phase but without this momentum. It was really strange because we have a big storage increase more than last year and I expected a long phase but more flat. so I think now we can have a rebound of price until support area more or less 2$ before the last long (if we will have). The...
If price break the micro support area we can have a deep retest of long channel
we can have a break of flag and a short continuation Trigger at support area 1.07 break
This is my idea for NatGas. I think after this rebound we can start soon the 3°wave... After the first wave that had hit target we had a potential 2° wave (less than 100% of 1°) so before the next wave, we can have a retest of support area but in any case my stop is under 1.5$. Area between 2 and 2.4 is good for accumulation long position. Analisys is for weekly...
As EURUSD, for GBPUSD we are into major supply area. There are conditions for price rebound or inversion of trend.
We are into major supply area After the long rally I think there is a good probability to go short until first support.
I think there is possibility for a rebound of this cross in final Wave C. In this moment the cross is in a Long channel but compressed under a short channel If we broke down the long channel we can have a deep retest of area 1.18 (first target) and then potential second area 1.12 (second target).
I wuold like share my long terms idea on EURUSD. The cross has broke the channel long after top on 1.12 Probably we are on ABC structure and in a short channel (in red) IF we are in ABC structure probably we will be in wave C final From my point of view we have completed the first and second wave of C and for the next week we can have the final 3 and 5 wave with...