WHAT DO YOU THINK? — Just a thought 1.3258 looks like a reasonable target if 1.3386 holds. It may also go to 1.3463 first since there is a fib relation between both prices. It is coincidently also an untested level on 1 hr chart. 4 HR ...

Spider's Den

So if 1.3396 breaks , soon we shall see 1.35xx This hour close is important. Euro session is the best session in a Day....

Spider's Den

It sure looks Bullish after 12 hours of doing nothing. Many spiders now in your den...Even an egyptian spiderman..hope they dont hurt the harmless chettah...(j/K)

Spider's Den

Break of 1.3323 should take this to 1.3305. Only Break of 1.3295 would take this to 1.3287... then 1.3246...Today. (imo) All in all it needs to be closing below 1.3334 to be bearish. (ANY HOURLY CLOSE) url Wonder how they become chiefs?

Spider's Den

Harm is not done yet to Bears...1.3368 would be the start of Bull....so far we have seen 1.3367.. 1.3395-1.3405 is the upper range limit for Daily candle. Piece of advise donot short this if above 1.3453 and definately dont short if above 1.3464 ...

Elliot wave, Harmonic And Ichimoku in CHINESE STYLE

Based on fibs.

Elliot wave, Harmonic And Ichimoku in CHINESE STYLE

SP500 — Fib relations to waves...Label as you like...But the Top is not there yet...IMO. There is Bearish Divergence on Weekly chart, but sometimes Manipulation defeats Divergence.

Elliot wave, Harmonic And Ichimoku in CHINESE STYLE

G/J — It has hit 161.8% if above, it should go much higher.

Elliot wave, Harmonic And Ichimoku in CHINESE STYLE

EU.. Possibility.

Elliot wave, Harmonic And Ichimoku in CHINESE STYLE

Move up may not have finished yet so can't predict the retrace. I will try to update the price once it's done doing its thing this week.

Elliot wave, Harmonic And Ichimoku in CHINESE STYLE

It's a 3 wave structure. Abc.followed by 3 wave up. And may be 5 waves down to 1.28xx. 3-3-5. What's more interesting , current move from 1.30 is unfolding in 5 wave structure. Currently in third wave. Keep in mind, It was an impulse move up.

Elliot wave, Harmonic And Ichimoku in CHINESE STYLE

It can be a 3 wave structure. So the structure could be 5-3-5. As long as below 1.3290..if above then we are looking for an X wave around 1.3405- 1.3420ish. Wave1-2= 5-3. Then 3-3-5. All together 5-3-5. Whatever it is violation down is 1.3077. For ...

Elliot wave, Harmonic And Ichimoku in CHINESE STYLE

I will try to be there ( lounge) if time permits. Miss you all as well.

Elliot wave, Harmonic And Ichimoku in CHINESE STYLE

Well I wrote a long story. while attaching the chart what I wrote all disappeared....frustrating.....It was detailed. Anyways in short 1.3077 - 67 is a bear breakout to 1.2831 -1.2806 if below 1.2795 then 1.2212 and if below 1.21 the 1.20 is not ...

Elliot wave, Harmonic And Ichimoku in CHINESE STYLE

If you guys want I could be of some assistance . As you all know I am all about price and violation of it. On PDA reply later.

Elliot wave, Harmonic And Ichimoku in CHINESE STYLE

Yup let's see. 100+pips is nothing for MM. 40- 50cents is what they usually want.

Spider's Den

I must be still in the right state of mind. Bear in mind this is not just profit taking it is damaging the downtrend .

Spider's Den

Thanks everyone for your kind words.

Spider's Den

Bearish it seems.... BUT...... M30 has a hammer right at Support... we could be in for 1.3124 - 1.3130- 1.3140- 1.3160 and may be more.. The only untested level to the downside is @ 1.3025...It has just tested an inside support on M 30 @ 1.3072.. ...

Spider's Den

Thank you.

Spider's Den