jzavodsk

jzavodsk

5th wave is coming probably as we have crossed 33053, let´s see the open

jzavodsk

Probable short opportunity to range from 34211 to 30715.

jzavodsk

We have seen very nice drop from 10th May to 13th May which could be considered just as back to the mean test of averages. This drop was followed by bounce from 55EMA which looks like "dead cat bounce" at the moment as this bounce was hardly rejected yesterday. There are two important levels to watch right now - 4029, low from 13th May and 4004 - .236 fibo shallow...

jzavodsk

Potential of bottoming USD now.

jzavodsk Updated 

We have reached 4116 - .236 fibo retracement of the wave from 5th March to 10th May. I expect bounce to 4180 area to test the averages. 4116 together with 200 SMA on 4h plays out as strong supports now. We have also tested 34 D but bounce was not strong enough. Daily cash closed below 21 D EMA and generates sell signal. Sell signal also on 4h. 1h chart is in upper...

jzavodsk

false breakout of descending triangle?

jzavodsk Updated 

YM1! SHORT TARGET .236 Fibonacci 32211