Some of my forecasts

[trade4joisar]

Re: Rcom

This is looking similar to the previous chart.
BTW, can you check your settings? The tenken and kijun are not suppposed to be flat unless the settings are set to the close. No problem if it is. I just want to be sure that is the case, as it makes a difference.

Similar to the previous chart is the reading and overall scenario on the RSI. The kijun is the same reading of the leveling of the cloud in the future which makes for solid S.
A correction is due until the RSI gets under 70 and closer to 50,. When it is finished, price action should still be above the kijun cloud top combo.

I have not changed any settings. It is same as it was in previous chart.

 

[hills_5000]

Hey Paul....some light on whats happening in the E/U pls ? We are at a cluster on the H1. Just broken the cloud on the 4H which makes it a bullish move. The daily KS has justbeen touched on the upside. So are we heading for the base of the daily cloud now if we clear 1.29 levels?

 

[4xpipcounter]

Hills, I was just preparing a review on the EUR/AUD before I got back to the thread.

Hey Paul....some light on whats happening in the E/U pls ? We are at a cluster on the H1. Just broken the cloud on the 4H which makes it a bullish move. The daily KS has justbeen touched on the upside. So are we heading for the base of the daily cloud now if we clear 1.29 levels?

 

[4xpipcounter]

Eur/aud

The move north appears to be the real deal. Nothing will be confirmed until TL at circa 1.2440 is broken. If that is the case, then there is not much preventing this pair from climbing all the way to 1.3035.

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[4xpipcounter]

Eur/usd

We just had a clean break of the TL on the 4-hour, which means this pair has further to move north. The move further north will probably be preceded by a correction to 1.2794. The critical point is going to be 1.2940. If that is broken, then the pair has its sights set on 1.3586.

 

[4xpipcounter]

This is the 15-min chart for the EUR/USD. Near where it peaked, I said there would be a correction back to 1.2794 before the move north continues. The 15-min chart tends to be more volatile, but this shows the relative certainty with the properties of the TL break--strong candle break of the TL, already had the correction back to it, and now it should continue for another dip south, which should be that circa 1.2794 figure.

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[LivetoTrade]

@4xpip, you dont seem your usual self today :-(

Post 3336 has charts of Eur/Aud, while you are discussing Eur/Usd in that post.

Post 3336 you mentioned correction upto 1.2794, while in Post 3337 you say correction upto 1.2694.

 

[trade4joisar]

Re: GMR Infra

This is an ideal scenario for it to move higher, much higher.
Nevertheless, it probably will not begin this week. The RSI is not close to being my favorite oscillator. Yet, the reading still has to be respected. It tipped the scales over 70, there was the strong move after it went over, and now there has been at least 5 candles since it went over. Now would not be a good time to go long. The RSI needs to rest. Wait for it to get back under 70, and even get close to 50.
Also, watch for the tenken. Once it is touched, it should be th beginning signs the UP will continue. In addition, watch for the kijun 3 candles back, as that level should never be touched.
As long as the above scenario plays out, then the kijun is going to level right on top of the cloud. That is making for ideal containment.
The chinkou could also use a rest, so everything is shaping up for a correction that will be contained above the cloud.

So correction continues.

Chinkou is now inside cloud.

2 supports here
* Tenken
* Cloud support

Any other objservation ?

 

[trade4joisar]

Re: Rcom

This is looking similar to the previous chart.
BTW, can you check your settings? The tenken and kijun are not suppposed to be flat unless the settings are set to the close. No problem if it is. I just want to be sure that is the case, as it makes a difference.

Similar to the previous chart is the reading and overall scenario on the RSI. The kijun is the same reading of the leveling of the cloud in the future which makes for solid S.
A correction is due until the RSI gets under 70 and closer to 50,. When it is finished, price action should still be above the kijun cloud top combo.

Not able to hold above R. Closed @ same level as of yesterday.

Any comments?

 

[trade4joisar]

Re: Adani Power

Here also its not able to close above R
Tenken & Kjun slight turned around

Closed below yesterday close. Not able to cross yesterday high.

Any comments?