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Ajaatasatru
Pilla Bewarse
Username: Ajaatasatru

Post Number: 321
Registered: 04-2016
Posted From: 106.51.138.150

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Votes: 0

Posted on Saturday, June 11, 2016 - 11:45 am:   

Of all the charts we discussed, PVH seems to be the most bullish one for me. poised to break on the upside.

https://www.tradingview.com/x/XqwjRtXX/
https://www.tradingview.com/x/mmOHOqu5/

Weekly ended as a spinning top, with long lower wick. If you look at wave formation, the 1st wave from 65->100, it did a retreat and found support at 50% level Jan to May wave1. The next wave, should be steeper than this - means may be in July 1st week TF, should hit the 1.61 extension at about 118-120.

If this upside is violated, adi ayyedi at around levels of 98-100 when the 13-Jun Monday opens, it will become clear.Upside or downside anedi.Also bear in mind, next week is very heavy on US data releases,esp Fed minutes. Rate cute probabilities, dollar move i will go through it sometime tomorrow...

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