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- pipsbull replied Sep 12, 2018
Looking for trend through Weekly chart 1.16 has been an important level for several years now, and last week price close below it and we had low volume test of that area, where hammer formed. Big news are coming for the rest of the week, and can ...
- pipsbull replied Feb 1, 2016
Appreciate it! I have the same view on S&P, and shall act accordingly, as trend has changed.
- pipsbull replied Aug 20, 2014
Hi, folks. Copper may give us a hint. Gold wasn't able to break the lows of the 15th and is sitting on the support coming back from at least of the summer start. I go for long.
- pipsbull replied Jun 5, 2011
From a closer look at Daily, I see smooth retracement to the Gann, as well as 38.2 one, which indicates me that bulls are recharged and can keep on pulling the blanket. I will also be keeping a close look at RSI, for it to support the move. Let it ...
- pipsbull replied Jun 5, 2011
Evening; bulls in full control with sharp development in daily up-channel. Right now the pennant is in completing stage. This week it will have a breakout to the north towards the top of the channel. May still be in consolidation towards check mark.
- pipsbull replied Jun 2, 2011
.02c — I thought I post my 2 cents on gold before tomorrows news, which can easily through away the analysis below. Here is what I see on the 1hr and 4hr charts: The 4hr one shows that the price broke out of the bull channel and had a retest ...
- pipsbull replied Oct 7, 2010
And here is the reason why I think the .974 will hold. It was firm previous resistance - the price was bouncing off that level the whole end of September. It is also a daily S1 and a 50% retracement from the last move from .954 All above shall be ...
- pipsbull replied Oct 7, 2010
I have a different approach. I see bear flag and already short. If this minor double top holds, with DP resistance, then it should go down to .974. Plus it has a nice retrace to 38.2 level - indication of continuation GL
- pipsbull replied Sep 28, 2010
Don't think so. The euqities were sliding off at the end and the monkey business ain't done yet. Plus, index formed a broadening bottom. Plus the divergence.Who, knows but weakness may come in the middle of the week. No rush, ya know?
- pipsbull replied Sep 23, 2010
Spot on. Massive divergence on RSI with the double bottom. I have 84.7 level to brake for further upside continuation.
- pipsbull replied Sep 22, 2010
Talking about TP. I have mine at 1.578 and 1.582 due to the top of the channel. Pound loves to put itself in tunnel.
- pipsbull replied Sep 22, 2010
Trying to catch a top? Good luck and mind the SL. Here is the DXY chart I have been going through yesterday. I was expecting the index to stop on 80.10 and it did because of humongous support(check for yourself). Once it is broken, which it is doing ...
- pipsbull replied Sep 21, 2010
The dxy chart; I thought it may be interesting to see. Next stop is 80.1, may have enough momentum to reach before any stall. Once 80 is broken, then..., oh., well..
- pipsbull replied Mar 25, 2010
here is my take on aussie, guys. The h&s in play and it succefully retraced to the neckline and 38.2(one of the most important levels, which in case it holds - shows some signs of selling pressure) It also broke out of the TL which made sence since ...
- pipsbull replied Mar 24, 2010
I have no idea what the RPM indicator is good for, but I have my own view which is if the JPY holds the recent high, imho it has a good chance, it will have it's support levels clear at: 88.92(61,8FE+low on 02/28) 86.60(100FE+low on 11/29) ...
- pipsbull replied Mar 22, 2010
Hey, Gang. — Some view on aussie: I'm not a fan of head and shoulders, but it looks like aussie is trying to form one on 4hr. Needs a 4hr close below 4hr Neckline for a decent confirmation. To spice things up, the DXY broke out of the bull ...
- pipsbull replied Mar 21, 2010
hEY, Gang. To start off tonight, I have to say that some good observation the thread revealed through the weekend. Jpy is still confused and looks for directon, but Gbp has already found one and with the nicely DXY breakout through the bull flag(the ...
- pipsbull replied Mar 19, 2010
Hey, gang Chart to start off on Sunday? Looks bullish to me - precise retrace to 50fib DGann and bottom of a channel. To be calm and constructive, I have to state that imho we go to somewhere to 140. Kaboom suspended..)
- pipsbull replied Mar 19, 2010
DXY update. Hi, gang, I have been posting the dollar index chart this week talking about the support it found. So, would like to share an update of it and the chart will speak for itself.
- pipsbull replied Mar 18, 2010
If there is a 4hr close on jpy below the TL, which imo will happen sooner than later(I dont see any buyers stepping in), then this level will be reached easily...