petaj

petaj

GBPCAD breaking out. Let GBP finish this 5-wave impulse and go long after the pullback. It needs to test the box again

petaj

Take a look at the chart and comment if you have an idea. Target could be 0.75/0.76 but could also be 0.85. I lean to the first but the last move is not clear to me.

petaj

After an impulsive move down we can now expect a retracement. We allready had an A-wave. Good chance the B-wave is also over and created a double bottom. Let's go for the c-wave.

petaj

Can we see some weakness in the yen?

petaj

If this breaks out this can go far...

petaj

I think we are near the ending of 5 waves structure. To complete the structure we need to set a lower low. After that a nice move to 1.18 area can be expected.

petaj

To me this still looks bearish. I go for another long on eurusd as soon as the market opens.

petaj

Could break out or make another low before breaking out

petaj

Lots of people still shouting long on the dollar. Looking at the chart i do not see it. Simple as that. All i see is a big move down.

petaj

Thi is the most bullish scenario imo

petaj

S&P 500 finished his third wave. According to elliot wave theory retracement of wave 3 should not take place into wave 1 theory. So we can call that the maximum bottom. It is the lowest red line. Also Elliot Wave said that often a retracement takes place to the bottom of wave 4 on a lower degree. In this case the upper red line. Conclusion. S&P 500 bearish time...

petaj

Watching this place carefully. could be a good longposition. Especially when oil prices keep falling.

petaj

As usd is breaking down and aud looks ready for a recovery. This should be nice spot for a long trade

petaj

breaking out of the first wedge. Let's head for the next one

petaj

around 1260 sellers will take a shot.

petaj

good spot for a relief bounce

petaj

Good position to short.

petaj

Going to try the breakout again. Then we go to the next trendline. Once we are out of that.....