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  • 1 month later...

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.

http://pcm-fx.com/forums/forumdisplay.php/38-English-Forums

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  • 2 months later...

eur jpy

http://pcm-fx.com/forums/forumdisplay.php/91-Analysis-By-Our-Specialist

By having a positive divergence happened and R to S conversion process we are observing a reversal on the daily TF. As follows, we would be having a growth if the internal down sloping trend line is broken above.

1391925497151.gif

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eur usd

http://pcm-fx.com/forums/forumdisplay.php/91-Analysis-By-Our-Specialist

On the H4 TF, in the conversion level area we are observing an Invab=cd harmonic pattern while having a negative divergence formed. Based on the slow correction move till Feb 28th its time will be fulfilled and if the supply persists as well, we will be awaiting a drop by the price.

1392492635591.gif

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