848evo

848evo

There is a lot of instability in Europe right now so I'm expecting the EURUSD to continue to crash into mid December. Then we should see a lull in trading and some ranging until mid to late February. We should then expect to see one last sharp crash right before final Brexit negotiations and then a bull run back up afterwards.

848evo

Gold is running out of upward steam and we are looking at a move back down now toward a major support area.

848evo

GBPJPY appears to have bottomed out and should be a good time to go long for a ride up to a major resistance area.

848evo

PA has shot up and I'm waiting for it to hit and do a confirmed bounce off the 1289 area before I enter short targeting 1260. We see a confluence of resistance at 1289 based on re-test of D1 broken TL, resistance cluster, and 61.8 fib based on EW waves.

848evo

PA has attemped a 2nd and last test of the falling TL. From here I believe we should finally start the down momentum to target 1.20.

848evo

I believe PA has hit ultimate resistance and completed the flag pattern. PA should now continue dropping to target 127 first, then possibly 125.

848evo

PA has hit the upper falling TL as well as completed an AB=CD pattern and hit the 61.8 fib level. Very strong resistance, we should see a fall down from here.

848evo Updated 

PA has moved up to hit a confluence of the 272 extension, as well as the daily TL and minor TL. Expecting a drop from here back down to 104.

848evo Updated 

A lot of people seem to think DXY is oversold, let me show you why it's not. This is a continuation of my previous DXY chart I posted with some new TA additions. We are seeing the AB=CD pattern on the D1 that aligns perfectly with the 1.618 fib as well as a strong resistance line. We going up up up.

848evo Updated 

PA is re-testing the previously broken TL and we should see a reversal around this point back down to eventually hit 1.20.

848evo Updated 

PA has reached a key historic S/R level and we should see at least a bounce if not a full reversal back down from here.

848evo Updated 

PA is making the retrace back up to re-test broken support as I had previously thought in another post. Look for PA to bounce off the re-test and continue heading down.

848evo Updated 

PA has created a double top and expecting a move down to test the 0.99 area.

848evo Updated 

PA has hit the 61.8 extension and VP is at a high, looking for a reversal down from here to target lower clusters.

848evo Updated 

PA is struggling to break to new highs and I believe once PA takes out the cluster at 127.684, we'll see PA start to drop to target that large sell cluster at 124.663.

848evo

PA is approaching the last strong sell cluster and I'm expecting a bounce off this level and a drop back down to the 61.8 fib level.

848evo Updated 

PA is coming down to a support cluster as well as the 1.618 fib extension, expecting a bounce here to re-test resistance.

848evo Updated 

PA is currently just making a pull back after yesterday's bear run. Expecting pullback to test the 38.2 fib before dropping back down again.