Recent content by fxshark

Dear Sive, Thank you for your great analysis again. I see the current situation quite bearish. As you mentioned in your analysis we have some potential bearish patterns (ABCD, 3drive), but what I was waiting for a while is a potential Bat sell? /see attached/ Also, this could lead us...

Dear Sive, Is it OK to have only a 50% retracement for an ABCD C leg? Can it mean that we have a strong bullish pressure as bears was not able to push down the price to 61.8% FIBO? If yes, then we have a target of 1.2833 and it's very close to the 38% retracement of the whole swing down...

You're close, but also very far at the same time. Supply should act as resistance, while demand should be support as in the classical term, but quite frequently supply and demand zones have nothing to do with classical support & resistance levels. Supply and demand zones where institutional...

Thank you Sive. It looks that price movement already confirmed your short view by the time we wake up. Supply & demand zones are where price is clearly showed that either bears or bulls took the control. With other words, it's the footprint of the institutional players. If you look at the chart...

Dear Sive, Thank you for your excellent analysis. No question, you're one of the best and please keep us teaching as long as you can. But, if you don't mind I'd like to add my view, because I think a short from this level is not really a good action. If we draw a triangle around current...

Hi Sive, Thanks again for your analysis. Could you check in your next week analysis a potential medium term LONG from 1.2900-1.2950 with 2 target 1.33 & 1.44? See attached chart where I see forming two potential patterns. 1. H&S (red) with target 1.25 /calculated: 1.30-(1.35-1.30) /, where we...

Sive, I'm looking your analysis for a long time and would like to thank your efforts. If you don't mind I would like to add an other potential scenatio for next week. If you look the chart I attached you'll see a triangle was formed on the way down when market tested 1.32 support...