chicobin

chicobin

UJ is advancing its CD wave and might completed at 1.618% @ 110.482 and given us a good opportunity to enter short at this point. Wave might also extent up to 2.618% @ 112.00 which sound too ambitious. Entering short at 110.482 and placing a stop loss at slightly above intraday resistance ( 111.350 ) is my idea for this pair.

chicobin

At 1 Hour time frame it clearly this pair is progressing its CD wave and might completed at 1.618 @ 110.482. SL is place slighty above the intraday resistance.Kindly comment this analysis.

chicobin

Long opportunity for this pair arise if the price hit the 1.27% extention of AB wave. Price may extent further to 1.618 % at 119.2 before it move up Hope u guys like it

chicobin

This pair is still in ascending wedges and still has the potential to hit a new high within the pattern in the future. Apparently Short term opportunity arise since there is a partial rise and failure to touch the upper trend line. The price is expected to move downwards to set a new higher low in this pattern.

chicobin

I personally believe that the pair will move further down and at 103.5 - 104.00 is the best zone to go long.