technical analysis pcmbrokers - page 3
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Please can you explain the pictorial illustration above? Does it have to do with analysis.
usd chf
the price has approached the lower channel and we are witnessing 2 harmonic patterns simultaneously. We expect to have a rise by the price if the demand gets to a higher place in the market.
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gold
We can see an ab=cd harmonic pattern in the H1 TF. we are expecting to have a rising move if the price gets stabilized above $1300.
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usdx
We can see the downward trend line is breaking by happening a positive divergence in the H4 TF. We expect the price to grow by having it stabilized above the trend line.
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gold
The price is moving inside an ab=cd harmonic pattern area on the H4 TF and till Oct. 15, 2013 the time will be fulfilled. We expect to witness it growing if the demand overcomes the supply pressure.
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aud jpy
pattern bat
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aud usd
We are witnessing a crab harmonic pattern on the H4 TF. Based on the elapsed time we are expecting to see a drop if the supply pressure exists in the market.
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eur cad
We are witnessing a 3 drive pattern on the daily TF. we expect to have the price dropped if the supply pressure climbs.
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eur usd
The price is inside an uptrend channel while fluctuating and we are witnessing an Inv ab=cd harmonic pattern. Its time will be fulfilled till Nov. 6th . we are expecting to see a growth if the ground is prepared as well.
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eur usd
The price is in 78.6% retracement range and a Reciprocal ab=cd harmonic pattern is seen. We are expecting to see it rose if it’s good to go and having the demand increased
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