smartstep78
AS DXY APPROACHES THE TOP OF RANGE AND NECKLINE OF HEAD & SHOULDER'S PATTERN A PULL BACK IS LIKELY WHICH IS A GOOD OPPORTUNITY TO BUY. IDEALLY 0.618 OF THE RECENT RALLY IS GOOD ENTRY . GO SHORT NOW AND THEN LONG AGAIN
EURUSD MAY BE IN FOR RESISTANCE AT 1.1840 AND ECB TOMORROW!!!
I AM POSTING THIS EW AS THE TREND IS EXTREMELY BULLISH BUT IS CORRECTING. I EXPECT PRIZE TO FORM A CHANNEL. CUREENTLY IN 4 TH WAVE,SO END OF THIS WAVE IS A GOOD CHANCE TO BUY!!!LOOK FOR 4TH WAVE TO END IN CHANEEL OR TRIANGLE AND THEN GO LONG!!!
USDZAR MAY PULL BACK TO 13.620 AREA FORMING BAT BULLISH
HERE IS CHART TO DECIDE ABOUT USDJPY. A FLAG AND A EW COUNT. BREAK HIGHER LOOKS IMMINENT!!! JAPAN ELECTION OR US TAX REFORMS ,OR CATALONIA , DOESN'T MATTER ,JUST BREAK IT!!!
SHORT TERM PRIZE PULLED BACK TO 112.50 AREA ,I SEE THIS AS BUY OPPORTUNITY UNLESS BREAKS BELOW 112.50 AND SELL AT 113. 65.
USDZAR MAY BE GOOD BUY AGAIN AFTER PULL BACK AREA AT 13.55 TP 13.80 TO 14
GOLD IS TRADING SIDEWAYS AND IF US DOLLAR STRENGTH PICKS UP GOLD MAY DIP TO THE CHANNEL LOW BEFORE TRADING HIGHER AGAIN!!!
DXY AT CRITICAL JUNCTURE ABOUT TO BREAK NECKLINE OF HEAD & SHOULDER PATTERN . LOOKS TO BREAK IT SOONER
USDJPY RALLY MAY FIND REISITANCE AT 113.25 OR 113.60
GBPUSD MAY BE HEADING LOWER. AS TWO PATTERNS IN MY MIND WHICH TARGET 1.2670 AND 1.2550. LOOKING FOR A STRENGTH IN US DOLLAR WHICH MAY PUSH CURRENCIES LOWER !!!
EURGBP LOOKS LIKE HEAD & SHOULDER -TARGET 0.8200
IF YOU ARE US DOLLAR BULL THEN THIS A CHANCE MAY BE TO GO LONG AS THIS BULLISH CYPHER PATTERN COMPLETES. PRIZE HAS REBOUNDED FROM LOWS AND TESTING 0.618 OF THE RETRACE AT 92.30 HANDLE!!! NOT ONLY THAT IT MAY BE TRYING TO FORM A RIGHT SHOULDER WHICH I HAD POSTED EARLIER WEEK!!! GOOD LUCK AND GOOD TRADING WEEK AHEAD!!!
The rally from 42 usd to 52 usd probably going under correction, I suspect so, Any case trade the suport and resistances that are drawn horizontal red line, I am bearish right now, 47 support is crucial for bulls
GBPJPY MAY BE HEADING TO 150 SHORT TERM, ITS LATE WEEKEND SO PRORBABLY BETTER TO WAIT FOR MARKET TO OPEN ON MONDAY