teconlab

teconlab Updated 

My frequency analysis of GBPCHF in the daily time frame indicates a continuation of the bearish trend. With the current price at 1.1117, I believe there is an opportunity to ride this downward momentum. To capitalize on the bearish momentum, I suggest entering a sell position with a take profit set at 1.10642. This level aligns with the next key support zone...

teconlab

Dear Traders, This is an update to my previous signal which hit stop loss and sharply dropped, though I had adjusted my personal stop loss on the position. Since stop losses cannot be modified after a signal is posted, the chart still shows the original stops. I have now added one more Sell position at rate 0.8953. My take profit remains the same as the previous...

teconlab Updated 

Dear Traders, My technical analysis indicates USDCHF has reached a peak and is primed for a drop. After conducting frequency analysis, I see clear signs this pair is overbought and due for a correction. I have already entered a short position on USDCHF, with take profit and stop loss orders in place to manage risk. The setup looks highly favorable for a move...

teconlab

Dear Traders, Based on WAVE Analysis we are still in wave 4 of downtrend. My expectation is at 0.8810 market should start the last drop and we can make the take profit at 0.8558.

teconlab Updated 

Greetings Fellow Traders, It appears many have taken short positions in CHFJPY, expecting the uptrend to reverse. However, my analysis suggests there may be one final bull wave still to come. Before the trend turns, I anticipate CHFJPY could edge higher, testing stops and forcing additional coverings. To defend short positions, consider implementing a long hedge...

teconlab Updated 

Dear Traders, The TeconLab team has developed a new research method using price decomposition analysis to forecast future trends for currency pairs. Our latest analysis of XAUUSD (Gold) indicates a bullish outlook. Please review the attached chart and set take profit levels accordingly. If the trendline breaks to the upside, after it retest the trendline we get...

teconlab Updated 

Dear Traders, The TeconLab team has developed a new research method using price decomposition analysis to forecast future trends for currency pairs. Our latest analysis of GBPUSD indicates a bullish outlook. Please review the attached chart and set take profit levels accordingly. We are optimistic this innovative approach can deliver strong profits with high...

teconlab

Dear Traders, The TeconLab team has developed a new research method using price decomposition analysis to forecast future trends for currency pairs. Our latest analysis of NZDUSD indicates a bullish outlook. Please review the attached chart and set take profit levels accordingly. First TP is has priority. After the first TP market will pullback, and should wait...

teconlab

Dear Traders, We are working on a complex price analysis based on our recent research study. Take profit almost for 90 pips. I will update if the take profit changes.

teconlab Updated 

Dear Traders, Wave structure consists of 5 waves marked a-b-c-d-e, structured 3-3-3-3-3. It also precedes the final movement of the trend of one larger degree. The only difference is its shape. Instead of contracting, it is expanding, which means that wave “a” is the smallest and wave “e” the biggest. In this case we will have the last drop and then a huge long position.

teconlab Updated 

Greetings Fellow Traders, I wanted to share my analysis on the current state of FX:USDCHF . In my assessment, #USDCHF is completing its final downward wave after the substantial drop back in August 2011. The market has since formed an ABC correction, and we now appear to be in the last leg (wave 5) of wave C. If my analysis is correct, the pair is poised for a...

teconlab Updated 

USDJPY on the 1H chart appears to be in subwave v of wave 3 by Elliott Wave theory. It has formed a triangle consolidation pattern, out of which sub-subwaves i and ii of subwave v seem to have completed. Based on the impulse sequence and assuming the triangle as a running flat correction, USDJPY looks poised for a final leg higher to complete wave 3. Upside...

teconlab

Greetings traders! Today, I bring your attention to a compelling bearish signal on CHFJPY, indicating a potential selling opportunity. Let's explore the analysis based on different strategies: Signal Decomposition Method: Utilizing the signal decomposition method, we observe a robust bearish signal across multiple time frames. In H1, H4, and MN (monthly),...

teconlab

Based on the analysis of several indicators, it appears that FX:EURGBP is likely to experience an upward trend starting from next week. Signal Decomposition In the weekly chart, the signal decomposition indicates that all frequencies are pointing towards an upward movement, suggesting that the Euro (EUR) will dominate the British Pound (GBP) in the coming...