Levels and timing forecast. Looks like a corrective wave after impulse waves.
If there will be a trend reversal then this is my price level and timing forecast.
Forecast for Monday-Wednesday next week.
My timing forecast failed in my previous idea (linked). Now new timing is projected.
Euro is in downtrend below EMA200. This is my forecast for the short position.
Forecasting new levels of USDRUB on 4 hours timeframe. Looks like an uptrend above 200 EMA. This is related to the previous idea of the USDRUB jump to 75 which happened yesterday. Timing was almost perfect.
A W shape under 200 EMA. Could go both ways. Will watch if my timing is correct.
Never looked at cotton before, why not just make an assumption.
Taking short position on Canadian $$ futures. 2 contracts for the next 24 hours. Target is on the chart.
This is a continuation of the post on the B pound with new targets. I have one contract short so I'll readjust my stop to accomodate the new trade.
If will go up then there are obvious two levels of TP. I am more interested if my timing projection is correct. The second scenario is the opposite. Could go sideways of course but that's no fun to forecast.
Just an rough estimate for now
My forcast for British Pound for Monday-Tuesday.