Mrbruno

Mrbruno

As long as we're above the mid range, the USD should continue to gain momentum

Mrbruno

Expecting further decline for the USD as it broke down from the mid range. Targeting below 1.26$

Mrbruno

As wave 2 of our "c" ends with an ending diagonal , i'm expecting friday to start with a sharp move down for the US dollar as we enter wave 3.

Mrbruno

A drop below 1.33$ and the move should accelerate, as it has been tested quite a lot.

Mrbruno

Looking for a 5 wave move decline from here, with wave 5 ending somewhere around 89$.

Mrbruno

Looks like we're in a series of 1's and 2's, which clearly shows signs that a big move is likely heading for the yen.

Mrbruno

All though this rally is getting very extended, there is lots of confluence showing that link is in a flat, specially with the high volume spike that we're seeing (which typically occurs at the end of a 5th wave move). Alts are looking like trouble! Will investors get fooled once again, being left with literally worthless bags?

Mrbruno Updated 

An update of my previous chart!

Mrbruno

Bsv, along with bitcoin and many other alts have been in a range for quite some time. A big move is likely to come in the coming weeks, and i believe this move should be down by the look of how bsv and many other alts are looking right now.

Mrbruno Updated 

Oil seems to be in a possible flat. Looking for a retrace all the way back to 30$ (1.618 ext) for our wave 2, before another big surge.

Mrbruno

As the fifth wave of our "c" looks complete, i'm inclined in believing that this whole move up was part of a correction. Expecting a five wave move to downside now.

Mrbruno Updated 

Bitcoin is standing above resistance, which now is turning support. Can't see a reason to flip bearish unless we break down from here

Mrbruno Updated 

No doubt that oil is bullish, but as it has made a 5 wave move up, which in my opinion, puts in our wave 1, we are likely to see a correction now. If we fail to get a strong reaction at the 0.618, we are likely to drop all the way down to the 0.786 to land our wave 2.

Mrbruno Updated 

In my previous analysis, price action was favoring for a bigger wave 2 retracement, but with the current drop, which broke bullish market structure, i now favor that wave 2 has been placed and that we're in the early stages of a wave 3, which gives us a warning sign that a big drop is heading for the pound Here is a zoomed in look at this running flat that i have eyed:

Mrbruno Updated 

I still think this move up is part of an uncomplete correction that envolves a wxyxz. "Z" waves, as from my experience, are often the most dramatic and longest in time than the other waves. I see us going below 6k just once more before going on a great bull run!

Mrbruno Updated 

Eyes on next week, as the BOJ makes its first rate decision! Kuroda and his buddies have indicated that their most likely won't be a change in policies and that further rate cuts shall be the future for the yen over the years.

Mrbruno Updated 

As seen in my analysis, we're currently in a flat, making a 5 wave to the upside to complete our C. Now expecting a correction to the downside to put in our 5th wave so then we could make a bottom and get a nice impulse to the upside (which should be short lived).

Mrbruno

Expecting a big drop for oil soon, as wave 2 could be completed here