It has been a messy week so far, I just can’t see any valuable entry. Probably, I will just take the week off. Anyway, $EURUSD has been notoriously bullish lately, with now, the upside target, I am looking at potentially 1.3770 area which is also the completion of ABCD formation. The short term market is […]
Harmonic setups
Updated chart of $NZDUSD 13 September 2010
So now we are in the vicinity of 161.8%, and the last valid D of Bearish butterfly. Kiwi touched 0.7345 during Monday London session. We shall see if the pattern is to hold or invalidated soon. Short stop is above 0.7350 Here is the updated Chart, the Butterfly.
$EURJPY 13 Sep 2010 , a butterfly flying?
It is harmonic time again! 🙂 A Bearish Butterfly is found to be ‘secretly forming in hourly chart of EURJPY. And we are now at 1.618% extension level. Let’s see how it works out later. Here is the… Butterfly!
$AUDUSD: The butterfly within ABCD
For some unknown reasons, I can’t tweet the chart I posted in Chart.ly. Anyway, here is the $AUDUSD chart I was talking about. A bearish butterfly formed within the bigger ABCD swing.
Updated Chart of $NZDUSD Bearish Butterfly
This is the quick update of my previous post of $NZDUSD. Kiwi dollar pulled back to 78.6% of the most recent down swing, the risk was back in town during the Wednesday session. And the bearish Butterfly pattern is still alive for now. I am watching the development of this pattern. As always, it is […]
ABCD $AUDUSD
AndrewUknown pointed out an ABCD formation in the comment section my $AUDUSD post few days ago. Now the bearish rising wedge might potentially be invalidated, well, it is too early to make the call now, if the bearish wedge failed to realize, we might see 0.9350. I thought I will post the chart here in […]
