Long-term and Short-term Setups - Page 6
Page 6 of 8 FirstFirst ... 2345678 LastLast
Results 51 to 60 of 72

Thread: Long-term and Short-term Setups

  1. #51
    AUD/CHF Wave Analysis

    ~~ After completing a bearish cycle, the counter is limping up to complete ABC correction.
    ~~ It is forming a wave A in the form of a bearish flag.
    ~~ We expect it to render a bearish breakout to form wave B.


  2. #52
    USD/CAD Technical Analysis

    ~~ The counter has bounced off strongly from the support 1.31, after trapping the bears with a fakeout.
    ~~ Now, it has taken down a bearish trendline as well.
    ~~Hence, we expect the pair to be bullish in the short-term.


  3. #53
    CHF/JPY Wave Analysis

    ~~ After completing a 5-wave bull cycle, the counter is currently in an ABC correction phase.
    ~~ It is now at a strong price action support zone and at the final stage of wave A.
    ~~ Hence, we expect the pair to be bullish in the near-term.


  4. #54
    NZD/USD Technical Analysis

    ~~The counter was in a consolidation phase after a solid down move.
    ~~ The consolidation resembles a bearish flag pattern.
    ~~ Further, the entire setup could be interpreted as a head and shoulder pattern.
    ~~ Hence, we expect the pair to be bearish in the near-term.


  5. #55
    EUR/USD Technical Analysis
    ~~ As we suggested earlier the counter is in an ABC correction and pushed down at the resistance zone.
    ~~Now, the bearish flag formation has also broken down, validating the wave C.
    ~~ Hence, we expect the pair to be bearish in the short-term.


  6. #56
    AUD/JPY Wave Analysis

    ~~The counter is currently in a long-term corrective ABC structure.
    ~~ It has completed wave A and is consolidating in a box structure at the low.
    ~~ We expect it to break upside and move to form wave B.


  7. #57
    EUR/GBP Technical Analysis

    ~~ The upside movement of the pair is capped by a bearish trendline.
    ~~ It attempted a breakout but fizzled out and the price action has formed an H&S pattern instead.
    ~~ Hence, we expect the pair to be bearish in the near-term.


  8. #58
    EUR/USD Wave Analysis

    ~~ The counter had completed its long-term wave 4 with an ABC correction.
    ~~ It had bounced off from the lows strongly by crossing the resistance at 1.1706.
    ~~ Further, if the price sustains at a higher level for the day, it could be interpreted as a morning star formation.
    ~~ We expect the pair to race away to highs and complete the wave 5.


  9. #59
    USD/CAD Wave Analysis

    ~~ The counter has been consolidating in a sideways correction for the last few days.
    ~~ It could be interpreted as an ABC correction and the recent down move as wave B
    ~~ We expect the pair to find support in this zone head higher.


  10. #60
    EUR/CHF Technical Analysis

    ~~ The counter has formed a dragon pattern.
    ~~ In a downtrend, it made a 38% retracement from the low and then rendered a false breakout.
    ~~ Further, it is on the verge of breaking out the trendline (a break validates it).
    ~~ Hence, we advise traders to be long in the counter once it crosses 1.730.


Page 6 of 8 FirstFirst ... 2345678 LastLast

Posting Permissions

  • You may not post new threads
  • You may not post replies
  • You may not post attachments
  • You may not edit your posts
  •