FOREX PRO WEEKLY July 21-25, 2014

gbpusd insight

well, this one is really pervert!! I spent a lot of time on weekly and daily TFs but however I have tried could not have found logical pattern...

Few days ago on forum I was asking what to do with overlapping on H4, rhetoric of course..well I may have an answer..instead of ab+5wavesc we got 5wavesa+bc so whole 5th COULD NOT be done and it is ZZ and we could get one more ZZ in whole leg!! The most important question to me remains which leg we are in: 3 or 5 ????

daily

20140724_gbpusd_daily_0648.jpg

H4

Here I think we are in TZZ, last wave c...I would appreciate price would not hit 1,69955 high (check daily)..price is in shadow of H4 candle so W&R is not excluded, like bF low on smaller degree...

20140724_gbpusd_H4_0649.jpg
 
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eurusd insight

I think THIS was real target..

20140724_eurusd_H1_0806.jpg

ups, wanted to publish this one...

20140724_eurusd_H4_0809.jpg


ps
08.22 CET
If it is to believe to statistics, but I have only for opposite direction, bFlat exceeds start point for 15%..on short side could be more and just hit 127..but it is true we can go all the way to 162 but not to exceed 200..
 
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nzdusd update

I am rather sure everything could change soon after Kiwi hits its target..

20140724_nzdusd_H4_0840.jpg

ps
Kiwi has no fundamental reason to fall...
 
usdchf insight

Swissie broke high...promises more up...retreat below 0,89518 would be nice before higher..if my count is correct upside target is 0,91462..sinking not neccessary means good for euro...could be sign of bigger (fundamental) crisis..

20140724_usdchf_weekly_0930.jpg
 
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BTW, Minimax, let's transfer gold updates and discussion in Gold's thread. This would be nice. If you don't mind, I'll transfer our discussion there...
 
eurgbp insight

As I said I am in bullish mood...I changed count a bit, shortened for one leg..lets see..

I think we are in DZZ 3ED, could be ´corrupted´ with flat correction (pink) if price goes above 0,79326 high..if my count is ok, we should start soon and relatively fast into 3ED ,not to waste space in channel..

20140724_eurgbp_daily_1058.jpg
 
usdjpy

..I am bearish, waiting for leg down, but from where? as long 101,78 is intact, we could be in ED wave c, if broken, most probable is CT, as shown in picture..I said that high, weekly!, could peaked next week, silently...as higher as better but trick of a tail is just for a tick new high..

Such up pressure could cause down pressure on gold..

20140724_usdjpy_daily_1125.jpg
 
gbpusd update

Hehe, they really do not care about my drawings...

Ok, was to expect although supposed not to...I think 50/62% should be enough and that we really do not enter 1,68215..but even if we do, then I would count as 1ED is in place and that low below 1,68215 would be 2ED..

20140724_gbpusd_daily_1525.jpg
 
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