by Lara | Feb 28, 2014 | Gold |
Yesterday’s price movement completed a small green doji. Thereafter price has turned lower to breach the green parallel channel on the hourly chart. This was expected for the main wave count and was required for confidence in a trend change. The green channel is...
by Lara | Feb 27, 2014 | Gold |
Yesterday’s analysis expected overall downwards movement. A small second wave correction on the main hourly chart was assumed to be incomplete, and price moved higher to complete this. Price thereafter turned lower to create a small red candlestick for the day....
by Lara | Feb 27, 2014 | US Oil |
Last analysis on 11th February expected overall upwards movement towards a target at 105.80. Price has moved higher as expected, with sideways corrections along the way. The target has not yet been reached and the structure is incomplete. I am expecting more upwards...
by Lara | Feb 27, 2014 | Silver |
As expected price has entered a corrective movement. It has been choppy and overlapping, exactly as a fourth wave should be. Click on charts to enlarge. Minute wave iv may be unfolding as a double combination in order to show structural alternation with minute wave...
by Lara | Feb 26, 2014 | Gold |
Movement below 1,331.31 has invalidated the main hourly wave count and confirmed the alternate hourly wave count. A clear channel breach reinforces the alternate wave count. I have a new alternate hourly wave count for you today. It would be invalidated with movement...
by Lara | Feb 25, 2014 | Gold
Again upwards movement was not expected, although it was allowed for and has not invalidated the wave count. I had expected a B wave to begin or be very close to beginning. It is not here yet. The wave count is changed. Summary: The structure within minor wave A most...
by Lara | Feb 24, 2014 | Gold
Upwards movement invalidated the hourly wave count. Although a new high within a B wave is possible this high is too soon within the B wave to fit the wave count. The wave count is changed. Summary: Minor wave A is just complete or very close to completion. The next...
by Lara | Feb 23, 2014 | NZDUSD
Click on the chart below to enlarge.
by Lara | Feb 23, 2014 | Gold |
I had expected a red candlestick for Friday’s session. This is not what happened, but the small green doji fits the wave count and price remains below the invalidation point. The wave count remains the same. Summary: I still expect that there has been a trend...