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pedro319 replied May 23, 2014S&P Critical level!! Passed 1.618 Ext 4 hours and weekly R1 pivot along with multi year highs. I have no trade unless I see a bearish candlestick pattern near the target. I have been long since last .786 Ret and Monthly pivot, it might be heading ...
EURUSD
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pedro319 replied May 23, 2014Yes, around the Yearly central pivot, if this double top completes it's target I think that will be it. I was expecting Aussie to visit the Monthly support 1 pivot after the 38.2 Ret on 4 hours but not yet, I will look for bounce to add shorts. ...
EURUSD
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pedro319 replied May 23, 2014EURUSD Another view on this pair is a possible Double top on Daily that could take us to as low as 1.3350-60, same distance equals the height of the pattern. The fact that the second top is higher at a confluence Fib of major time frames gives a bit ...
EURUSD
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pedro319 replied May 23, 2014Why do you expect this drop ? It's looking bullish on Daily and I haven't got a signal to sell yet. Thanks
EURUSD
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pedro319 replied May 21, 2014Thank you. How do you get those targets? Extensions or something else? Cheers.
EURUSD
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pedro319 replied May 21, 2014EURUSD Harmonic completion just now! Reason: 1.618 + 1.128 Daily chart+ .707 Weekly support 1 Buy here
EURUSD
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pedro319 replied May 21, 2014GBPUSD This is precisely .707 Retracement on Daily chart and 4 Hours + Weekly R1, so suitable for shorts if you have a short view of this market. I personally like 4 hours candle or Daily close to confirm top, but R:R is good here. Cheers.
EURUSD
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pedro319 replied May 21, 2014Minimum Target reached and exceeded. I will update on this one later. Have a good day.
EURUSD
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pedro319 replied May 21, 2014Indeed, they allow us to gauge the strength and calculate reversal points along with Fibs/ divergence etc. How are you doing?
EURUSD
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pedro319 replied May 20, 2014We have reached Weekly support 3 and .786 Daily, continuation is possible to Monthly support 1 at 0.9174, I would like to see a bounce to new daily pivot and fib confluence to add shorts. Cheers.
EURUSD
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pedro319 replied May 20, 2014EURUSD Situation is similar to last update , just a few more bearish signs. The levels remain the same so for now no major changes.. (Read above)
EURUSD
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pedro319 replied May 20, 2014AUDUSD Price has reached daily support 3 and passed through weekly support 2, at the same time we are approaching Monthly support 1 at 0.9174, so I expect little pause with maybe a bounce on smaller timeframes and then continuation as Daily and ...
EURUSD
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pedro319 replied May 18, 2014Butterfly on Daily has reached it's target and now price bounces off 50% + Monthly pivot Daily chart and could reach Fib Resistance at 1.6895, this becomes more logical if you consider that price reached oversold on Daily chart and formed ABCD 4 ...
EURUSD
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pedro319 replied May 18, 2014EURUSD Technical: I expect 1.35 as strong support including 1.3475 (Yearly pivot) which was my previous technical forecast, the reasons behind are too many bearish signs including the Wash and rinse of the previous top, butterfly sell from Monthly ...
EURUSD
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pedro319 replied May 17, 2014AUDUSD Sell This might be it. Price retraced .786 up on Daily after .707 Ret on weekly, also it's coming off MR1. I expect continuation down before turning up again on Weekly chart. There is also negative Divergence on Daily chart plus a little ABCD ...
EURUSD