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Target achieved in blue box and weekly trend line offers resistance. Now just waiting to see which way it wants to go.
Labeled wave X, it comes right after an a,b,c correction. So it could potentially go any where. It should be completeing this 5 wave structure, and have a 3 wave correction that might shed some light buy how they form.
DaveShort Oppertunity
Price has met with weekly trend line and started its top.
First target box is 38.2 and second is from 61.8 to 76.2. This is an over all trend turn so it can top out slowly or swiftly. I prefer slowly.
Dave
eur/chf
+270
gbp/usd
+ 540
gbp/chf
+580
Gbp/ Chf, again !
Here is a bullish gartly forming on the euro$.
Dave
request
we r not using indicators here
u can download carney's book from the link below:
RapidShare Webhosting + Webspace
regardscan I get you to resend careny's ebook as I've just found this and the link says file not found.
ty
Pdf from Gc Forex
is it a valid bearish butterfly pattern?
i see a potential bearish butterfly patern at gu daily..it should complete this pattern around 2.0914..is it a valid?if there have a strong reversal cs patern up there is it good to place sell around 2.0914 to 2.0944?
usd/chf
is it a bullish butterfly pattern?i see at my weekly uchf chart..its possible complete around 1.1467.
Bearish Butterfly forming on Euro/dollar daily