Idea is based on a combination of Elliot wave theory and median line analysis. The Rationale behind this technical analysis is shown on the chart. Unfortunately due to the dynamic nature of my targets I can give you specific short target or stop losses. Good luck
Idea is based on a combination of Elliot wave theory and median line analysis. The rationale behind this technical analysis is show on the chart. Good luck
Idea is based on a combination of Elliot Wave theory and Median Line analysis. The rationale behind this technical analysis is shown on the chart along with specific targets and stop losses. Good Luck
Idea is based on a combination of Elliot Wave Theory and median line analysis. The rationale behind this technical analysis is shown on the chart along with specific targets and stop loss. Unfortunately due to the dynamic nature of my entry point, for the short setup, I can not give you an exact stop loss. Good Luck guys.
Price has stalled shy of the first resistance level (1.4615) and bounced off the median line, continuing corrective sideways price action. The down trend is still firmly in force. The EUR is the weakest of the majors, and the AUD has been quite neutral, so the outlook is bearish. It is quite possible that it's on its way to the level, where the size of the entire...
The two weakest currencies, EUR and USD are oscillating within a range, largely located above the strong support of the level 1.3510 and below the key resistance of 1.3735. No particularly strong trend. Recently market has found support at the quartile of an up fork that well describes the corrective nature of the June-July price action. It is quite possible that...
As this market is approaching the strong horizontal support level (the range to the left), I expect it to bounce back up again. The outer sliding parallel should help contain price within the regular Andrews pitchfork. The CAD continues to be very strong and it is oversold now, which may give an extra wind in the sails. The JPY - on the contrary - neutral/weak (so...
The cable is approaching the potential buy area: a bounce off the median line at the prior high. 1.733 as a target is still in sight, maybe not in one shot, but the trend seems to be up as long as it hasn't been tested. Stops below 1.7. The GBP is still very strong, whereas the USD is weak. However, both currencies are relatively oversold now, so it is going to be...
Idea is based on a combination of Elliot wave, Median Line analysis and Fibonacci extensions. The rationale behind this technical analysis is shown on the chart. In this particular case unfortunately I can not tell you where my stop losses are going to be since I have dynamic targets (and thus stop losses). If you understand my approach then it shouldn't be that...
Idea is based on a combination of Elliot Wave, Fibonacci extensions and median line analysis. The rationale behind this technical analysis is shown on the chart along with specific targets and stop losses. Good luck guys!.
Idea is based on a combination of Elliot Wave theory and median line analysis. The rationale behind this technical analysis is shown on the chart along with specific targets and stop loss.
Idea is based on a combination of ElliotWave theory and median line analysis. Fibonacci extensions are used for target placement. The rationale behind the technical analysis is shown on the chart along with specific targets and stop loss. Good Luck
Idea is based on a combination of Elliot Wave theory and median line analysis. The rationale behind this technical analysis is shown on the chart along with specific targets. Good luck guys
Idea is based on a combination of Elliot Wave theory and median line analysis. In addition Fibonacci extensions are used for target placement. The chart contains the rationale behind this technical analysis along with specific targets and stop loss. Good luck
GBPNZD has been following this navy blue Schiff Median Lines' set. Lately fell out of it, but the odds seem to be with the buyers. It may go up, but there's strong resistance up ahead at 1.9755, so I wouldn't be surprised to see it fail to reach the lower MLH and stall at that resistance level. If failed though, another leg down may...
AUDNZD may be heading for the 1.091 multipivot level once again. But first another test of the magenta median line. The AUD is getting stronger, much more so than the NZD. Found support above the prior major low, broke the basic bear trend line and is ready to make another leg up in this trading range we've seen it since the beginning of this...
Idea is based on a combination of Elliot wave theory and median line analysis. In addition the application of Fibonacci extensions and retracements is used. This idea is not meant as a trading advice (none of my idea's is) but rather as a refelection of my thoughts about the progression of future price action. Good luck
Idea is based on a combination of Elliot wave theory and median line analysis. This idea is not meant as a trading advice (non of my ideas is!), but rather my thoughts about the progression of price action in the long term.