Recent content by Zaleske

Did you guys see the broadening wedge on daily?

Price is steadily going north and has returned in the 4H channel. For today, i think i can see it creep towards higher border, which coincides more or less with daily pivot, and close the gap.

The B&B we expected as of today's analysis failed, so it looks like short term southward movement is still unsure. What troubles me as well is that although the upward channel on H1 we saw yesterday has been broken to the downside, move was equal to the width of said channel, so we may be...

Yup. Now below MPP, and pretty close to 1.337ish important long term support.

Well, that's precisely what I was going to post. Additionaly, i think that 4H B&B LAL is turning into sort of a double repo LAL. 61.8 target has already been achieved.

Looks like we just had a very mean bullish stop grabber on H1. Can't seem to be able to upload picture for some reason, but i guess it is pretty obvious.

Sticking with my butterfly, some questions arise... Price is now slightly above 127.2 target and MPR1, but it's probably too soon to say those levels are breached for good, so pullback could take place, like Sive said. Nevertheless, I'm looking at 161.8 target of said butterfly, and it...

Hey Sive! Nice to see you managed to post on youtube from your home somehow! :D Unless you had to be at your workplace for the weekend, which would be kind of sad. Anyway, still grateful for all your dedication, have a good week!

If I may, i think the potential 4H butterfly sell i suggested yesterday still holds (see below). In addition, its 1.272 target is pretty close to 100% untouched completion point of daily AB=CD Sive mentioned. IMHO, it makes 1.335ish area a level we'll have to look closely for a potential...

Hourly butterfky burnt its wings... Now it may seem far fetched, but could a 4H butterfly sell appear? (see attached chart)

DRPO (double repo) and LAL (look alike) are patterns suggested by Joe Di Napoli in his book. All the others you will understand if you take the Complete Forex Course that Sive offers, which you will find in the Education part here on FPA :)

If I'm not mistaken, invalidation point of the hourly DRPO has been breached, though slightly. So, I looked for a potential developping butterfly sell, and, interesingly enough, the 127.8 extension of XA swing points precisely at the same level than 4H DRPO. Edit: And butterfly has been...

PA shows no intention of going south in short term to confirm stop grabber. Sive's second view for today (Butterfly sell), might be the right one. Looking pretty :) Bulls beware!

To get to the levels Sive mentioned today, PA will have to break through trendline he showed us yesterday. Which might happen soon and lead to significant down acceleration.

Price is slowly creeping closer to 1.30ish, looks like the double bottom Sive mentioned today will be completed at some point soon. I'm most curious about what will happen next. My guess is we will have answers soon after NY open (yeah, right when i have to get my eyes off the market :p).