petaj

petaj

eurjpy is moving into a channel.

petaj

Some finetuning on eurusd

petaj

We are still missing the C-Wave. Comming week lots of eu data. My bet is on good news.....

petaj

Looks like it is going to break out of the pattern. Wedgetarget is 69.5

petaj

Creation of a bearflag. Big moves comming up (down)...

petaj Updated 

Big bearflag....

petaj

Took this short after hitting the 0.618 fib retracement level after the first leg down. Expecting at least to hit the 0.318 fib retracement level of the longterm upmove.

petaj

Took this short. Targeting 0.38 fib retracement level at 178.

petaj

Took a short on resistance. Target 1265. This is the 0.38 fib retracement line. Can even go further.

petaj

Good chance that the rally just started. EURUSD is creating a bearflag. Longtrade for now to the top of the channel. After that we will see a big move down.

petaj

Airfrance-klm is creating a bullflag. As oil is the main costcomponent for airlines. Falling oilprices will increase profit.

petaj

Going like expected. More downside following

petaj

ASML doing exactly like expected.

petaj

We had a full 5 waves structure down. So we can assume the top has been set. Wait for the pullback around 0.5 fiblevel.

petaj

Path is getting more clear. We had 5 waves down for our A-Wave. When the A-wave has 5 waves you always get a zigzag pattern. So there will be a nice shorting opportunity.

petaj

At least one more move down before a nice rally up.

petaj

Looks like a bearish flag....

petaj

I think we may see 1 more down to around 1.14. Then rally up to finish this correction. After that TP 0.9.......