renanc93

renanc93

The pair broke a strong support who now is acting like resistance, this resistance is between the 50 and 61,8% of the retraction of the first moviment, is a nice area to sell. The projection for the next down moviment using the AB=CD theory is arround 103.00

renanc93

USDJPY already done the third touch at the down channel, broke the up trend line and aparently is forming a head and shoulders. There's opportinities to sell after the break of the neck line.

renanc93

The pair touched the up band of the channel. Broken the last low and the primary LT. We possible will have good short opportunities until the lower band of the channel.

renanc93

After breaking the last valid high the pair have brooke the down trend line and now is retractig near the best Fibonacci area to buy orders. If confirmed by patterns or pivots in lower TFs he will probably make a new up wave. The target is the lenght of the first up wave.

renanc93

Hello traders, the EURUSD is completing a clear down pivot. Analising the pair we can see a nice head and shoulders formed with the neck line already broken. The target for the next down moviment is near 1.140.

renanc93 Updated 

The uptrend of EURUSD is showing weakness, as lower low was made and the Head and Shoulders Pattern is almost completed. The main uptrend line are below the neck line and could act as support.

renanc93 Updated 

After the down trend the pair is giving signals of a possible new up trend with higher lows. The head and shoulders figure give us the target for the next move near 111.20

renanc93 Updated 

Hello traders, after a long way down the pair is giving indications of a retraction. The neck line of head and shoulders pattern is already broken, the target for this moviment is near 1.1520

renanc93

After done the 1 and 2th waves the pair is probably finishing the 3th one. That give us opportunity to sell after the retraction expecting the 5th wave.

renanc93 Updated 

After a divergence in RSI the pair broke a trend line giving us opportunity to sell in the retraction.

renanc93

After done the firsts 3 waves the pair is now completing the 4th one. We may expect a 5th wave soon.

renanc93 Updated 

USDJPY already broke the down trend line and done the 1th, 2th wave. If the 3th wave is completed we must wait the retraction to buy.

renanc93 Updated 

After broke the down trend line the pair completed the 1th and 2th wave. The 3th one already done more than 161% of first wave, its time for a retraction. I'm waiting reversal confirmation at the painted area.

renanc93

After a long down trend the pair is doing new up waves with possibility of a new up trend. The 1th, 2th and 3th wave was done, now we must wait the 4th to buy.

renanc93 Updated 

After a long up trend the pair now is showing a possibity of new down trend. With the first 3 waves done we may expect now the 5th.

renanc93 Updated 

After some days in consolidation USDCAD started to do new low waves. The 1th and 2th wave is already completed puting the pair in a fresh down trend, now we need wait the 3th wave retraction to sell.

renanc93

After some consolidated days USDJPY done a LL giving us opportunity to sell at the 3th wave retraction.

renanc93

EURJPY after broke the DTL has already made the 1th, 2th wave and is possibly finishing the 3th. We have the opportunity to buy at the retraction looking for a 5th wave.