FOREX PRO WEEKLY March 31- April 04, 2014

[minimax]

Heh, irritating but this changed my count on euro, very possible top of 2nd wave in 3rd bigger so all 3 might be ready to start move down, although aussie is most suspicious to me.

 

[minimax]

Chicago PMI could cause some irritating moves..until Yellen to be on place..

 

[Lolly Tripathy]

EurUsd
1hr time frame

 

[minimax]

Lolly, I like your picture, could come in play but take care because if my count would be ok then 3rd of 3rd in impulse should be most impulsive.

I was too much under correlation pressure today, bought cable and closed short euro....aussie also shorted but closed soon..I expect all three to make neccessary heights, euro maybe just W&R, cable 1,6703 and aussie 0,9350 before lower.

Waitnig (again!) for NFP might make more sideways....will see.

ps. cable might hit 1,6750 there should be last target!!

 

[stranik]

Hi there.
Bearish Gartley on AUDCAD D1?


Cheers

 

[minimax]

Hi there.
Bearish Gartley on AUDCAD D1?
View attachment 14023

Cheers

Stranik, here is the link for harmonics, just a click, no scrolling, good one: Harmonic Trader - Harmonic Price Patterns

I find this pattern as a perfect ABCD, maybe top of second peak of 3 drive sell. Gartley should get 127 expansion CD of AB.

Never the less, nice one!!




Daily count is twisted, I used weekly swings and if so, we should get one more push up toward 1,0465 but on the other hand price exceeded 100% wave ab what bothers is just 3 waves in wave c...



and here is H4 which really suggests one more leg up only if market will be satisfied with truncation, oscilator has not come over 0, we might get just W&R?

 

[minimax]

Aussie

aussie made HH but not hit target so I think it should although; RSI diverge..

 

[minimax]

Eurusd

I think euro is to make one more push up, maybe just W&R, to hit M Pivot, maybe 1,3828, above 50 could be too bullish; on H4 we got abc leg, on H2 same zigzag looks as connected with flat.

 

[minimax]

Cable

Cable is also wired, I think it has target 50% if A wave at 1,6703 but if this is X leg as ZZ, after flat, target is already hit and can turn down whenever wants. It is fast and

Good trading!

 

[stranik]

aussie made HH but not hit target so I think it should although; RSI diverge..


View attachment 14028

Yes, on my charts MACD shows divergence as well.
We'll see what Sive says today...
Thanks!