marco_politi

marco_politi Updated 

the flag in formation on the 1h chart shows a clear possibility of short entry on eurusd. I divided the target into two steps: the first as a projection of the flag itself, the second as hypothetical wave C of the wave A.

marco_politi

The strong downtrend that dragged the USD currency cross to a minimum of 105.70 (then up to 106.27) does not seem to want to stop. As the expanding levels of fibonacci show, there are still 150 pips to go down, or maybe even more. 104.50 is the price that I expect to be achieved in the coming days.

marco_politi

I lacked a piece to understand how far to dare with imagination and foresee the development of this new "coin war". In the end I found it and convinced me immediately. An unusual Fibonacci expansion suggests to me what will happen in the coming months. And it does so with great precision. Let's get ready for the flight of the euro. Long by 1,3600.

marco_politi

The price movement, well described by the levels of the fibonacci expansion, is in full retracement phase (B wave). Perhaps it will continue to retrace even a little, or it will consolidate again in lateral direction, but a new impulse at the 1.2625 level seems almost obvious to me.

marco_politi Updated 

Go short until 1.3725.

marco_politi Updated 

Triangle in the fourth wave. Perfect coincidence of fibonacci levels with the minimum and maximum. After the breakout go short up to 107.00

marco_politi Updated 

After touching the high of 1.2539, eurusd started a retracement phase. The downtrend analyzed here is the C major. Where it will end we can not say with certainty but some elements taken into consideration make us suppose that the price, in the short term, will have a small rise before continuing its descent. Let's see what. 1) Fibonacci captures to perfection...

marco_politi

On the weekly chart we can see a divergence with Stochastic indicator. The E touch on the higher trendline is the "bear" bounce. Short until 121.10

marco_politi

Breakout is near. Bear toward 140.00

marco_politi Updated 

Three ingredients. A very strong bearish trend on major wave 3; a weak bullish trendline arrived at the end of his journey and a breakout. Enter short at 133.95 and keep for at least 60 pips

marco_politi Updated 

EURUSD 4h. Let's expect a retrace after the double top at the end of wave 5. Enter short after the uptrend breakout with target just above the previous minimum at 1.2220, level coinciding with 50% of fibonacci.

marco_politi Updated 

the price was strongly rejected already three times by the support level . Wait for the end of the minor wave retracement of C wave to enter short after the breakout on 30 min EURUSD -0.16% chart.

marco_politi Updated 

What I expect from this price movement is a further retracement at the 61% level (wave 4) after the trendline breakout. Once reached this level, enter short until the price of the previous minimum 108.30

marco_politi Updated 

In the coming days there may be a bullish breakout of the long line of support at the price level of 110.50. If this hypothesis were to occur then a long position for another 100 pips (111.50) would be rewarded. The bullish sentiment seems to be confirmed by the positions of moving averages.

marco_politi

On the daily AUDNZD the Gann Fann describes perfectly the movement of the price. After the breakout of the support we are going to see the price getting down until 1.0650.

marco_politi

we are facing an abc on the 4h AUDUSD chart. The price, now on the retracement B, is taking the run-up to break the level of 0.8100 already tested several times.

marco_politi

On monthly chart the price is testing for the third time the level of 0,8150. After the breakout, the bull will run until 0,8400.

marco_politi Updated 

The price is in full consolidation before breaking up resistance at 1.2300. According to the interpretation of the Elliott cycles the EurUsd crossis in the corrective subwave IV of the major 5. Moreover, by applying the Fibonacci expansion, we can see how everything fits perfectly: monthly-weekly resistance, Fibonacci level and Elliott's wave. After breaking the...