Abdolreza Basirizadeh
Abdolreza Basirizadeh
Abdolreza Basirizadeh
A sharp rally through 0.9209 swing high and up to 0.9340 must be wave three and not wave five. So if that's the case then we know that pair should reach further gains after any minor correction. We are now tracking wave 3 that should be made by five waves so move can extend even to 0...
Abdolreza Basirizadeh

USDJPY Swings On NFP Data

6 сентября 2014, 20:03
USDJPY Swings On NFP Data...
Abdolreza Basirizadeh
A sharp rally through 0.9209 swing high and up to 0.9340 must be wave three and not wave five. So if that's the case then we know that pair should reach further gains after any minor correction...
Abdolreza Basirizadeh
Triangles A triangle appears to reflect a balance of forces, causing a sideways movement that is usually associated with decreasing volume and volatility. The triangle pattern contains five overlapping waves that subdivide 3-3-3-3-3 and are labeled A-B-C-D-E...
Abdolreza Basirizadeh
Expanded Flats In expanded flats, wave B of the 3-3-5 pattern terminates beyond the starting level of wave A, and wave C ends more substantially beyond the ending level of wave A, as shown for bull markets in Figures 1-33 and 1-34 and bear markets in Figures 1-35 and 1-36...
Abdolreza Basirizadeh
Estimated pivot point is at the level of 1.0857. Our opinion: Buy the pair from correction above the level of 1.0857 with the target of 1.1060. Alternative scenario: Breakout and consolidation below the level of 1.0857 will make it possible for the price to continue the decline to the level of 1...
Abdolreza Basirizadeh
Estimated pivot point is at the level of 1.6640. Our opinion: Sell the pair from correction below the level of 1.6640 with the target of 1.64 – 1.63. Alternative scenario: Breakout and consolidation above the level of 1.6640 will make the price continue the rise to the levels of 1.67 – 1...
Abdolreza Basirizadeh
AUDUSD is reversing from the low, now trading well above 0.9300. In fact, rally from the low can be considered as motive wave that is part of a larger recovery...
Abdolreza Basirizadeh
USDCHF hit new highs last week but then turned down very quickly. We however see prices reversing only down into a temporary corrective formation that is part of on-going trend. Notice that wave (iv) already retraced for 38...
Abdolreza Basirizadeh
Flats (3-3-5) A flat correction differs from a zigzag in that the subwave sequence is 3-3-5, as shown in Figures 1-29 and 1-30...
Abdolreza Basirizadeh
Estimated pivot point is at the level of 1.0880. Our opinion: Buy the pair from correction above the level of 1.0880 with the target of 1.10 – 1.1050. Alternative scenario: Breakout of the level of 1.0880 will allow the pair to continue the decline to the level of 1.08...
Abdolreza Basirizadeh
Estimated pivot point is at the level of 101.00. Our opinion: Buy the pair from correction above the level of 101.00 with the target of 104.10. Alternative scenario: Breakout of the level of 101.00 will allow the price to continue the decline to the level of 99.50...
Abdolreza Basirizadeh
Estimated pivot point is at the level of 0.9040. Our opinion: Buy the pair from the correction above the level of 0.9040 with the target of 0.9180 – 0.92. Alternative scenario: Breakout of the level of 0.9040 will enable the pair to continue the decline to the levels of 0.90 – 0.8950...
Abdolreza Basirizadeh
Estimated pivot point is at the level of 1.6890. Our opinion: In the short-term: sell the pair from correction below the level of 1.6890 6925 with the target of 1.6730. In the medium-term: wait for the completion of the fifth wave and in case of reversal, sell the pair with the target of 1.70...
Abdolreza Basirizadeh
Estimated pivot point is at the level of 1.3450. Our opinion: In the short-term: sell the pair from correction above the level of 1.3330 with the target o 1.3450. In the medium-term: sell the pair from correction below the level of 1.3450 with the target of 1.32...