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- ectoplasm replied Dec 20, 2016
On reflection I'm not sure that the pattern drawn is a valid Gartley: see notes in the amended graphic below. I'm still trading the falling wedge pattern (which looks complete & should achieve 1.055xx), and I guess this pair will turn lower (as ...
AUDNZD
- ectoplasm replied Dec 18, 2016
Will be on the look out for a possible double top: this relief rally off the Brexit low looks to be running out of puff IMO 4 Hr Chart:
GBP/JPY, GBP/AUD, GBP/USD live entry review
- ectoplasm replied Dec 18, 2016
I was wondering if this is what you had in mind PariCovek ? Daily chart:
AUDNZD
- ectoplasm replied Dec 15, 2016
So much for the counter trend - looks to be resuming the primary trend.
AUDCAD
- ectoplasm replied Dec 12, 2016
I wonder if AUD / CAD might find some support around here? Daily chart:
AUDCAD
- ectoplasm replied Dec 9, 2016
Price action looks to to have run out of puff (not broken last swing high) with several tails stuck in the air on the 15 min time frame. Maybe we will get a break & minor counter-trend before continuing much higher?
USD/JPY Discussion
- ectoplasm replied Dec 7, 2016
FWIW have charted the 1 Hr candles Crude oil below; I would not be surprised if price action popped up one more time (just to clear the stops) before breaking the neck line - Looks like CL may well break hard given the recent price action .....
Oil and Natural Gas
- ectoplasm replied Dec 4, 2016
I wonder if AUD/USD is going back to 76 Cents or will this bounce in PA peter out and resume the trend lower. AUD/USD daily chart shows the break and some detail on price action
AUD/USD
- ectoplasm replied Dec 4, 2016
WTIC has had a nice bounce in price (up 12 %) on the reported deal, but it is close to a neck line (resistance). We could see short covering on a continued pop, but some indicators/ patterns still suggest lower prices soonish... 1 st chart is 4 Hr ...
Oil and Natural Gas
- ectoplasm replied Dec 2, 2016
Maybe Crude oil price action is actually climbing non stop: looks a lot like consolidation before popping higher (bull flag) - however the Gartley 222 pattern suggests lower price action is just around the corner. If that bull flag/pennant fails ...
Oil and Natural Gas
- ectoplasm replied Dec 1, 2016
Hi Jfrancis, Nice chart on oil above. I guess it is a bit debatable how far Crude Oil is likely to go on this pop. The 4 Hr chart below shows Gartley's 222 pattern, which seems to limit the upside somewhat.... On another matter, AUD/USD seems to be ...
Oil and Natural Gas
- ectoplasm replied Nov 30, 2016
Update on current events: AUD/USD broken from the bear flag and may well be forming another before heading lower 4 Hr chart for any interested:
AUD/USD
- ectoplasm replied Nov 29, 2016
Isnt it funny - I saw it as a bearish cypher & you have shown a bullish one - nevertheless it probably will achieve 735XX - and if it don't keep going then flip long.... I'm off on bike ride - got to keep fit somehow.
AUD/USD
- ectoplasm replied Nov 29, 2016
My Origin of pattern at top & your X looks to be lower down - either way AUD is on its way down.... I did attempt to lable my chart - FWIW. I dont much care where PA goes now, from a conventional trading perspective AUD was going down anyway - ...
AUD/USD
- ectoplasm replied Nov 29, 2016
Thank you for the offer, but with the volumes of stuff on the web I should be able to nut it out. Looking at the formation so far, it looks like a Cypher pattern may be setting up - never the less the bear flag looks like toast and if price action ...
AUD/USD
- ectoplasm replied Nov 29, 2016
More importantly no matter if you trade the fundamentals or technicals, AUD/USD looks to be heading lower in the short term before meandering around somewhat. I normally trade support & resistance but am just starting to use Harmonic Trading ...
AUD/USD
- ectoplasm replied Nov 28, 2016
Agreed Price Action looks corrective rather than impulsive - what goes up must one day go down... AUD/USD 4 Hr chart with 1 Hr detail:
AUD/USD