Ajaatasatru
Pilla Bewarse Username: Ajaatasatru
Post Number: 321 Registered: 04-2016 Posted From: 106.51.138.150
Rating: N/A 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... |