riki143 Posted April 5, 2018 Author Report Share Posted April 5, 2018 USD/JPY Daily Analytics 07:48 05.04.2018 Recommendations: BUY 107.00 SL 106.45 TP1 107.85 TP2 108 On the daily chart of USD/JPY, after the pair reached the 127.2% target of the “AB=CD” pattern there is a correction to the downtrend. Bulls are trying to implement the “Wolfe waves” pattern and push the pair at least to the resistance at 108 (23.8% from the long-term bearish wave). On H1, if the pair hits the resistance at 107, the “AB=CD” pattern with the 161.8% target will be implemented and odds of the rise to targets of “Shark” (113%) and “Wolfe waves” patterns will increase. More:https://tinyurl.com/y7rxwz96 Link to comment Share on other sites More sharing options...
riki143 Posted April 6, 2018 Author Report Share Posted April 6, 2018 AUD/USD Daily Analytics 07:05 06.04.2018 Technical levels: support – 0.7610, 0.7660; resistance – 0.7690 Trade recommendations: Sell — 0.7650; SL — 0.7670; TP1 — 0.7580; TP2 — 0.7530. Reason: expanding bearish Ichimoku Cloud with falling Senkou Span A; a golden cross of Tenkan-sen and Kijun-sen, but the prices are had entered into the negative area. More:https://tinyurl.com/y966mvz7 Link to comment Share on other sites More sharing options...
riki143 Posted April 6, 2018 Author Report Share Posted April 6, 2018 USD/JPY Daily Analytics 07:07 06.04.2018 Technical levels: support – 106.80; resistance – 107.50. Trade recommendations: Sell — 107.50; SL — 107.70; TP1 — 106.80; TP2 — 106.30. Reason: bullish Ichimoku Cloud with horizontal Senkou Span A and B; a golden cross of Tenkan-sen and Kijun-sen, but the lines are horizontal; the market is overbought and under the strong daily resistance. More:https://tinyurl.com/y9gsed4f Link to comment Share on other sites More sharing options...
riki143 Posted April 6, 2018 Author Report Share Posted April 6, 2018 EUR/USD Daily Analytics 07:30 06.04.2018 Recommendation: SELL 1.2315 SL 1.237 TP1 1.2215 TP2 1.2095 TP3 1.205 SELL 1.2215 SL 1.227 TP1 1.2115 TP2 1.2095 TP3 1.205 On the daily chart of EUR/USD, bears made the first attempt to pull the pair below support at 1.2245. As a result, it formed the junior pattern “Widening wedge”. To continue the decline the pair has to fall below April minimum. On H1, there’s a “Widening wedge”. Pullbacks to 23.8%, 38.2% and 50% as usually are used for selling with targets at 78.6% of the Gartley pattern. At the same time, advance above 1.2417 will increase the odds of uptrend’s resumption. More:https://tinyurl.com/y8y5lbwl Link to comment Share on other sites More sharing options...
riki143 Posted April 6, 2018 Author Report Share Posted April 6, 2018 EUR/GBP Daily Analytics 07:40 06.04.2018 Recommendation: SELL 0.8715 SL 0.8770 TP1 0.8615 TP2 0.8590 On the daily chart, EUR/GBP keeps forming a 5-0 pattern. After a pullback to 38.2% of the wave CD of the “Shark” pattern, the initiative returned to bears. At the moment, the inside bars are formed. They point at uncertainty. On H1, EUR/GBP is consolidating in the 0.8715-0.8755 range. A break of its lower border will create grounds for a “Crab” pattern with a target of 161.8%. On the other hand, successful test of resistance at 0.8755 will increase the risks of a correction. More:https://tinyurl.com/ya5774hh Link to comment Share on other sites More sharing options...
Pavan Mahule Posted January 17, 2020 Report Share Posted January 17, 2020 Thank you for sharing such a good stuff with us. this is very informative. Link to comment Share on other sites More sharing options...
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