GBP/USD, GBP/EUR, GBP/JPY, EUR/USD, USD/CNY, DXY
VAST RESOURCES PLC ORD 0.1P, LLOYDS BANKING GROUP PLC ORD 10P, OILEX LD ORD NPV, CANADIAN OVERSEAS PETROLEUM LIMITED COM SHS NPV (DI), FRONTERA RESOURCES CORPORATION ORD SHS USD0.00004 (DI), EUROPA METALS LTD ORD NPV (DI)
FTSE 100, DAX Index, Euro Stoxx 50, S&P 500, Nasdaq Composite, Nikkei 225
Gold, Silver, Crude Oil, Brent Oil, Natural Gas, Bitcoin
BTC/USD, ETH/USD, BCH/USD, XRP/USD, LTC/USD, ETC/USD
US 10Y, Euro Bund, Germany 10Y, Japan 10Y Yield, UK 10Y, India 10Y
Gold, Brent Oil, Crude Oil, CFDs on Natural Gas, Palladium, Silver
this big drop at UJ implies that for some time this pair will be in consolidation, because on bigger time frame we r going up and the pair is in the middle of wave C. first wave is D1 diagonal now will make consolidation between those orange support and resistance lines and will proceed another length wave A and is finishing exactly somewhere where wave C suppose ...
lets see if this gartley gonna bring LL
EJ long term going sideways, will go up for 5th wave and back for wave C from weekly sideways.
this is only for educational purposes !
in awaiting for next bearish cycle!
this is not a signal but just observation!
all eyes on Lady Yellen and mr. Draghi! Draghi sead what he have and ECB policy stands as it is.. all w8ing for tampering QE which in several occasions was sead its expected at the end of the 2017 and start at 2018, when ECB might consider about raising rates! so nothing new there!
and all eyes r on Lady Yellen and next ...
update of the previous chart!
all the corrections from the waves r flats (3x3x5) and that 5 is motive wave, but as u can see they r all shrinking in every next correction. till now it have 4 motive waves whos bouncing from trend lines which points that this is corrective triangles and needs another one 5 motive to finish point E and to get out of this range. imo getting out will be upwards!
lets see how this plays out.
divergence is showed lets try shorting here, this is more of a message to self! plss if u follow it will be on ur own risk...
in my previous analyse i entered sell with that pink cypher and hoped for other form of correction to that wave!!
the chart is showing divergence which is strong signal that price will reverse, along with double bottom and cypher imo we r going up.
im putting small volume tho, careful with management...
following the weakening of the dollar new up trend has started and now we r looking at the end of the motive waves of first cycle,
(small red letters) and correction is starting showing divergence on RSI.
so cose its the first wave retrace needs to be more steeper and thats why i choose butterfly.
(no it cant be crab cose point "a" needs to retrace at least to ...