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Posts posted by roobin54
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gold
On the H4 TF, We were observing a reversal after having a harmonic pattern being formed. Currently the price is floating around conversion area as well as downtrend line. A Bullish push will be seen by having the trend line broken around $1220 area.
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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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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.
http://pcm-fx.com/englishforum/forum.php
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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.
http://pcm-fx.com/englishforum/forum.php
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The price is fluctuating in a consolidation range in the M30 TF. we are expecting a trendy move by getting it out of the area.
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eur usd
An alt bat harmonic pattern is being formed on the H4 TF. We are expecting to have the price climbed by having the demand volume increased.
http://pcm-fx.com/englishforum/forum.php
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hi
time h4
pattern : shark
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gold
As noted in the previous comment we can see a price reversal by breaking the substitution area. As long as it doesn't breach beneath the area we'll see it rising.
EURUSD Discussions
in Forex
Posted · Edited by tradingwizzard
eur usd
On the H4 TF, by reaching the price to a resistant level and the harmonic pattern being formed, we are observing a reversal. As long as this level is not broken above there would not be any expectation of a jump by the price and the continuation of the price slump is predicted.