EUR/USD Outlook
its still a buy, with a better position at the lows of 3500. Target is 4000
its still a buy, with a better position at the lows of 3500. Target is 4000
Circular Trend-Waves 414 replies
How do I change the color of trendlines? 2 replies
Too many drawn Trendlines all same look: how to draw Trendlines with different look? 2 replies
Recommend an ebook on trendlines.... 10 replies
Short trendlines 7 replies
http://img842.imageshack.us/img842/7717/cyxq.png
http://img31.imageshack.us/img31/2170/dvoa.png
http://img593.imageshack.us/img593/6518/tw23.png
On the other side I made some USDCHF chart-study and it is easy to see that the rice is on a bearish trend on the monthly basis , and the existence of the Head and Shoulders pattern make me believe that the circular support will be touched again in the close future (like 9-10 months).But honestly I expect an explosive bearish trend in the following two weeks.
http://img812.imageshack.us/img812/1079/7685.png
http://img845.imageshack.us/img845/3746/zp49.png
DislikedI was on the bearish side for a while until the invasion of 3685. And now I am again on the bullish side and I feel safer that your analysis also show the north. My weekly chart has an energy zone (magnet) around 4050s which is the intersection of the ascending trendline and the 1,618 circle. {image} On the other side I made some USDCHF chart-study and it is easy to see that the rice is on a bearish trend on the monthly basis , and the existence of the Head and Shoulders pattern make me believe that the circular support will be touched again in...Ignored
DislikedEUR/USD Outlook Still Bullish even after a dip to the 3700 level yesterday. Here is the chart: {image}Ignored
Daily Chart
http://img191.imageshack.us/img191/8564/wt3v.png
Weekly Chart
Disliked{quote} I am also waiting for that explosive bullish trend. And for that to happen (from my perspective) we need the red circle to be broken (daily chart), at least I accept that circular resistence as a bullish trend trigger. The intersection of the (weekly chart) trendline and the circular target (- +1 week) is between 10-28 February. And this week that target shud be reached. I will keep my longs until the end of this week. On the other side its easy to see the footprints of the bulls (weekly chart) . The confirmed...Ignored
Disliked{quote} The red circle will be broken with ease, because motion is targeting a "Off The Pole" zone which becomes weaker as time goes forward. The area where the red circle is on the daily chart is a weaker zone than the pole, and for that matter the chances of it getting broken are higher.Ignored
Disliked{quote} Violation of the red circle seems to show the strength of the bulls. But there must be a fundamental reason (trigger) for the expected trend. The question is : what will be the fundamental trigger which will motivate the bulls? Whats your opinion about that? Do you think we need 3620s before the uptrend ? {image}Ignored
Disliked{quote} .... So what I highly suspect in the next couple of days is a dip to 3620 and then a rise to 3900....Ignored
DislikedEUR/USD Outlook The RSI chart is showing good buy opportunity. Pair so far has reacted as expectation, with a strong thrust waiting to happen towards 3880/3900 zone. {image}Ignored