NZDUSD is trading lower, unfolding a new five-wave drop out of a triangle correction located at 0.6834 level. We see three waves to the downside completed, meaning a new ... Read More
Crude oil is moving sharply lower after a very nice technical reaction lower from the upper channel resistance line that put highs in play for sub-wave 2) at 69.85. ... Read More
Tesla jumped around 10% today and as expected, it remains trapped in a bullish triangle corrective pattern, as long as it’s trading above 245 region. However, we think that ... Read More
Aussie can be unfolding a complex correction within wave 4, which looks more and more as a triangle pattern. A triangle pattern is a five-wave, sideways movement which unfolds ... Read More
Gold fell as expected, down into our Fib. projected support levels for wave v of iii) where bears may slow down, but not for long as new upcoming bounce ... Read More
Stocks moved nicely to the upside like we expected with E-mini S&P500 futures moving to 2800 while Dax is now filling the gap for wave B about we talked ... Read More
As expected, Nasdaq is still looking for more weakness since we have seen a sharp drop from 7130 resistance level. Currently can be consolidating before a continuation lower towards ... Read More
USDCAD is falling, unfolding final leg as wave c of a bigger three-wave correction. Support for this correction can be around the 1.3204 level, level of a former swing ... Read More
Today let’s look at AUDUSD, its daily and lower degree charts. AUDUSD is trading bearish this year, ideally unfolding a five-wave drop from 2018 highs as part of a ... Read More
NZDJPY was trading sideways last year, but this year it’s showing us that Bears can take the lead. We want to show you, how we recognize a clear ... Read More
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