teconlab

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...