pav4ito

pav4ito Jul 10, 2017

GBP/AUD is in a 4H bearish flag, furthermore the upwards trendline has been pierced, further indicating the potential move down. For the last 3 weeks it was in a corrective structure, I believe now is the time it will begin to move down again.

pav4ito Jul 9, 2017

A very good Sell opportunity, one leg of the move down has already happened. Im expecting more downside on GBP/USD. The bearish flag that it is in now confirms the downside.

pav4ito Jul 2, 2017

GBP/CAD broke the trendline and is in the formation of a bearish flag. This may be the confirmation for further downside.

pav4ito Jun 25, 2017

MAID/BTC is still consolidating between the support @14996 and the resistance @23524. Short term it has broken a trendline therefore there may be a short term downside move.

pav4ito Updated  Jun 23, 2017

GNT/BTC recently broke out of a long consolidation. Will be expecting more upside because of this. Trade safe traders.

pav4ito Updated  Jun 23, 2017

I do believe that now is a good time to sell CAD/JPY as it just bounced from a strong resistance point and it has just completed it's small correction wave. Im expecting downside to the support line which it has hit many times and bounced from before. Trade safe traders.

pav4ito Jun 23, 2017

AUD/CAD just bounced from the trendline and therefore confirming the upside. Before entering a buy trade I would wait for a small pullback to get the best entry possible. Trade safe traders.

pav4ito Jun 22, 2017

EUR/USD just broke the trendline. Furthermore it is in a corrective structure, meaning there was a short upside and now the downside move begins again. Trade safe traders.

pav4ito Updated  Jun 22, 2017

EUR/NZD is hitting the trendline. I do believe it will start another uptrend. Furthermore, it has also completed Wave B from the ABC strucutre. I am expecting it to begin forming Wave C. Trade safe traders.

pav4ito Jun 20, 2017

For the past week GBP/USD has been consolidating in a bearish flag, it completed the correction we were expecting after the UK elections. It also formed a bearish flag (correction wave) which it has not broken out of, im expecting a small pullback to the upside before I enter a sell trade.

pav4ito Updated  Jun 16, 2017

GBP/JPY completed an ABC pattern, it is now creating another one. I do believe it will go down to 136.150 and will bounce from that level and begin its upside move again. Wait to see corrective structure before you enter a short trade. It is respecting the support and resistance levels at 136.150 and 148.147. Trade safe traders!

pav4ito Updated  Jun 14, 2017

AUD/USD is currently in a bullish flag. (corrective structure). When looking at GBP/AUD we can note that it will keep falling, this is supported by anaylsis and fundamentals (UK election). GBP/AUD and AUD/USD are opposites. While GBP/AUD is going down AUD/USD is going up and vise versa.

pav4ito Updated  Jun 13, 2017

XRP/BTC is at a critical support level. Now the question is, will it bounce or will it break to continue going down.

pav4ito Jun 10, 2017

NZD/JPY overall downside movement. This just looks like corrective structure to the upside. We are in wave B of the ABC structure. Currently in the structure of a bearish flag. Wait for breakout before entering a sell trade. Trade safe traders.

pav4ito Jun 6, 2017

GBP/USD In the formation of a bearish flag, also crawling along trendline. Waiting for it to break the trendline and it needs to confirm the downside by creating a small bearish flag. Also take into consideration the Election happening in the UK on the 8th June. I do believe that the value of the pound will slightly go down as a result of the elections.

pav4ito Jun 4, 2017

Here we are looking at bigger picture on GBP/AUD We can see that this might be a long term sell trade, due to the fact that it recently bounced from a strong resistance point. Furthermore, we are also looking to complete an ABC pattern which would mean that the market would have to go down. Be careful though, it could form a short term long trade as it may retest...

pav4ito May 29, 2017

It just broke out of a bearish flag, it is a good time to sell.

pav4ito May 28, 2017

AUD/USD has broken out of the bearish flag, I do believe that it will continue to go down.