AleksandrLombrozo

AleksandrLombrozo

Fractology is expecting a further weakening of the CAD against USD. Last week the pair completed a first leg of the pattern. Therefore we should expect the pair to go up after a period of small correction. If there is a bounce up from a trendline it should be safe to look for bullish opportunities.

AleksandrLombrozo

Despite disappointing US data on Friday, GBPUSD might be ready to start a down impulse. This might become possible if price behaves a certain way. Firstly you should wait for a pattern breakout. Currently, if price violates the borders of a small flag, it is better to wait for a small correction and take short positions. Secondly, the price might move higher...

AleksandrLombrozo

EURAUD might soon experience a great selling pressure. This should become possible due to several reasons: 1. The pair has climbed up very high without a major correction. This is especially visible on a daily or 4 hour chart. 2. EURAUD is forming a corrective pattern after a minor impulse on an hourly chart. This might indicate that the pair will go down. 3....

AleksandrLombrozo Updated 

AUDUSD is struggling to go up and shows some signs of weakness compared to the previous downside impulse(see the arrow). Apart from that, my USDOLLAR index analysis tells me that the chances of an upside correction are very high. Therefore you should look at dollar pairs as a chance for USD to strengthen. AS for AUDUSD, If price violates the trendline of the...

AleksandrLombrozo Updated 

As in my previous post, my analysis is based on two factors: 1. DOLLAR INDEX has to correct itself up, which means major USD peers should weaken 2. USDJPY is forming a corrective pattern under the trendline. If it breaks up, it will be a perfect chance to buy.

AleksandrLombrozo Updated 

After making a move down the pair is stuck in a price range (an encircled area) and accumulates power for another move down if a flag (an encircled area) resolves down. If USDCAD breaks down a corrective structure there will be a nice sell opportunity. However, trade only tested strategies in this setup for there is a chance it could surge up for one more up move...

AleksandrLombrozo Updated 

There is a chance GBPUSD is about to finish enormous zigzag move on a daily chart. It means that we might expect a downside move very soon. The development on the 4 hour chart tells us that the pair is struggling to go up. Therefore we should anticipate the breakout of the pattern in the encircled area. When the breakout happens and the price gives us a hint that...

AleksandrLombrozo

EURCAD might follow the fate of USDCAD and break out from the corrective pattern. If you have a technique to enter breakouts, sell when price violates a corrective pattern. Beware of the low (horizontal line) and put your trade to breakeven for there might be one more up move.

AleksandrLombrozo

The most appealing option for me in this pair is to make another big move down to finish a large flat pattern. The reasons I believe it might happen are the following: 1. The top of wave A has not been broken 2. The pair has made an impulse down near the top of wave A 3. The wave B has three waves inside If you have a tested strategy, wait for a correction and sell.

AleksandrLombrozo

USD/CHF has a chance to start C-wave of zigzag move up very soon. This is why you might think of long opportunities as per your strategy.

AleksandrLombrozo

EUR/USD is about to finish its move up and any bullish opportunities might be very limited. On the other hand I suppose it could start a big move down either to test the bottom or make another low. This is necessary to complete the five wave structure down and probably start a correction of bigger degree up. The structure itself is very complicated and requires an...

AleksandrLombrozo

I believe this pair could make one more down move to retest the April low. This way It could finish zigzag move before I will think of any buying opportunities. IF you do not how to trade wave patterns, wait for a clear breakout of a corrective pattern.

AleksandrLombrozo

I studied the encircled area according to my wave analysis. It tells me that SPX -0.19% is coming down next few daily sessions to finish wave C of flat (the type of flat we will come to know later).

AleksandrLombrozo

The whole move in the ellipse area tells me that this is a correction of the previous upside impulse. This brings me to a conclusion that you need to take each corrective pattern breakout to be on a winning side. Check out www.fractology.biz for more information about the way we trade.

AleksandrLombrozo

Many people expect Russian rouble to rise as per fundamentals. I tried to assess the perspectives of this pair as per wave patterns. What is definite for me is that the decline is almost over before a major correction or a complete reversal starts. This is why any short trades are limited. I would advise trading only long trades as per your strategy.

AleksandrLombrozo

The price in the encircled area is very choppy which brings me to believe it is going to follow its previous impulse up. There is no projection of how far it could go. However, any upside breakout might mean the BIG UPMOVE for EUR/NZD. This is why I am going to grab each opportunity.

AleksandrLombrozo

This is the pair is struggling to go up which brings me to a conclusion that the major move down is about to happen very soon. In terms of structural trading, it is about to finish a common flat which must be the second sign for a down move. In order to be lucky, you have to be prepared. Watch this pair very closely and use a bearish bias.

AleksandrLombrozo

This pair seems to be consolidating after an impulse down. According to my analysis, it should make one more move down to complete the whole structure. If it breaks the flag, sell this pair.