Majani

Majani Updated 

WATCHING THE D POINT FOR POTENTIAL SHORTING OPPORTUNITIES AT THE PRZ.

Majani Updated 

WATCHING THE COMPLETION OF THIS CYPHER TO FIND SHORTING OPPORTUNITIES AT THE D POINT(78.6). STOP LOSS SHOULD BE JUST BEYOND PREVIOUS HIGH.

Majani Updated 

WATCHING THE COMPLETION OF THIS PATTERN AT 78.6 D POINT FOR SHORTING OPPORTUNITIES. STOP LOSS SHOULD BE JUST ABOVE THE PREVIOUS TOP (A POINT). SET UP WILL BE INVALID IF PRICES CLOSE ABOVE THIS POINT.

Majani Updated 

LOOKING FOR SHORTING OPPORTUNITIES AT THE COMPLETION OF THIS PATTERN AT THE 88.6 D POINT.

Majani Updated 

LOOKING FOR THE COMPLETION OF THIS PATTERN FOR A SHORTING OPPORTUNITY AT THE D POINT.

Majani Updated 

I AM CLOSELY WATCHING FOR THE COMPLETION OF THIS PATTERN. B POINT BEING 61.8 MEANS WE SHOULD WATCH 78.6 LEVEL(GARTLEY) OR 88.6 LEVEL(BAT) AS OUR PRZ. VIOLATION OF THIS TWO LEVELS WILL INVALIDATE THE SET UP.

Majani Updated 

SPX500 HAS BEEN CONSOLIDATING ON KEY PSYCHOLOGICAL/ROUND NUMBER SUPPORT - 2600 TODAY. JUST AT THE D POINT = 0.786 FIBONACCI LEVEL OF A COMPLETING GARTLEY HARMONIC PATTERN. AFTER SOME CONSOLIDATION I EXPECT THE PRICE TO RALLY FROM THIS SUPPORT LEVEL. STOP LOSS SHOULD BE JUST BEYOND THE PREVIOUS LAW. TARGET 1 = 2691 TARGET 2 = 2730

Majani Updated 

COMPLETION OF A CRAB PATTERN AT THE 3.14 BC EXTENSION. I EXPECT PRICES TO DROP FROM THIS LEVEL. POTENTIAL FOR HUGE GAINS WITH A TIGHT STOP.

Majani Updated 

I AM CURRENTLY AWAITING THE COMPLETION OF THIS CYPHER PATTERN. ONCE PRICE HIT THE 78.6 (D POINT) I WILL CLOSELY OBSERVE PRICE ACTION ON THIS POTENTIAL REVERSE ZONE FOR SHORTING OPPORTUNITIES FOR THIS PAIR. SET UP WILL BE INVALIDATED BY A STRONG CLOSE BEYOND OUR PREVIOUS HIGH(POINT A).

Majani

CURRENTLY WATIING FOR THE COMPLETION OF THIS PATTERN AT THE 88.6 D POINT. PRICE ACTION AT THIS POTENTIAL REVERSAL ZONE WILL VALIDATE OR INVALIDATE THE SET UP. A STRONG CLOSE BEYOND THE PREVIOUS LOW SHOULD INVALIDATE THIS SET UP. STOP LOSS SHOULD BE PLACED AT PREVIOUS LOW (X POINT)

Majani Updated 

XAUUSD FORMED A BEARISH BAT AND PRICES DROPPED AS EXPECTED. HOWEVER TODAY IT HAD A STRONG RALLY THAT'S STRUGGLING TO CLOSE ABOVE THE 0.618 FIB RETRACEMENT LEVEL. IM WATCHING CLOSELY FOR A SELLING OPPORTUNITY AT 0.618/0.786/0.886 LEVELS. THIS SET UP WILL BE INVALIDATED BY A DAILY CLOSE ABOVE THE BAT PATTERN D POINT.

Majani Updated 

THE EURUSD -0.06% FORMED A BEARISH BAT AND PRICES DROPPED FROM THE 88.6 D POINT AS EXPECTED. THE MOVE DOWN BROKE THE 1.2315 SUPPORT. A DAILY PIN BAR AND AN INSIDE BULLISH PIN BAR SUGGESTS MORE WEAKNESS AND THE TREND IS LIKELY TO CONTINUE DOWN. LETS WAIT AND SEE

Majani Updated 

A GARTLEY SET UP JUST COMPLETED AND PRICE MANAGED TO REACT THE RIGHT WAY BY GOING UP. HOWEVER IT ONLY WENT AS FAR AS THE FALLING RESISTANCE OF THE TRIANGLE AND IS NOW CONSOLIDATING AT THIS LEVEL. IF WE MANAGE TO BREAK THIS RESISTANCE, I EXPECT THE DOLLAR INDEX TO RALLY UP FROM THIS RESISTANCE TURNED SUPPORT AFTER A RETEST. SECOND SCENARIO: IF WE FAIL TO BREAK...

Majani Updated 

IM CURRENTLY WAITING FOR THIS HIGHLY ACCURATE BAT PATTERN. THE 1.618BC EXTENSION AND THE 0.886XD CONFLUENCE AT THE POTENTIAL REVERSE ZONE MAKES A STRONG CASE FOR PRICE RALLYING AFTER REACHING THIS AREA. POTENTIAL HUGE GAINS WITH A TIGHT STOP LOSS JUST BEYOND X POINT. LETS WAIT AND SEE.

Majani Updated 

WATCHING FOR THE COMPLETION OF THIS BEARISH CYPHER AT 78.6/88.6 TO CONTINUE THE DOWNTREND IN XAUUSD.