USDCAD m5 Bearish Head and Shoulders… “oh what a night!!”

Just as forecasted ( http://swelltrader.blogspot.com/2009/09/usdcad-m5-possible-bearish-head-and.html ). Definitely a very nice move!! Tal y como se proyecto ( http://swelltrader.blogspot.com/2009/09/usdcad-m5-possible-bearish-head-and.html ). Definitivamente un movimiento bien “bacano”.

Forectasted

Unfolded

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USDCAD, m5. Possible Bearish Head and Shoulders

If confirmed (break and retest of neckline), this will be a nice 80 pips move. Si se confirma (rompimiento y retest de la línea de cuello), este sera un bonito movimiento de 80 pips.

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GBPUSD H1, Bullish Head and Shoulders

Have to wait for confirmation of the 123 buy pattern, but i think the most of the possibilities are for a nice bullish move after the unfolding of this pattern. Hay que esperar la confirmación del patrón 123 de compra, pero creo que las mayores posibilidades son de un buen movimiento alcista después del desarrollo de este patrón.

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Stocks, bottom confirmed?

With bullish Head and Shoulder`s neckline already broken, i`ll should wait for a decisive retest of this one; but due to GDP number better than expected released this morning, continuation without a pullback for retest could be possible. For detailed explanation of my forecast, see my videocast @ http://www.screencast.com/users/GustavoForex/folders/Swelltrader/media/8f6e9875-9ad1-422c-a6b1-332d0600e0cb

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USDCAD H4 Bearish Head and Shoulders… follow up

Nice unfolding of this Head and Shoulders Top.

Spotted on July 13

Nice unfolding. Green rectangle shows Head and Shoulder Pattern.

The pattern located within the bearish trend

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S&P… Heading for a Bullish Head and Shoulders?

Standard and Poor's 500 Index could be heading towards Right Shoulder of a Bullish Head and Shoulder (Inverted Head and Shoulder). Mainly two things are giving me signals for that: 1. Index moved down from 1.576 level @ 2007-10-10 to 663.29 level @ 2009-03-06 in a 3 corrective wave pattern (ABC). Since that low @ 663.29, price moved in a 5 impulsive wave pattern, and seems to be ended wave 5 @ 956.21 last 2009-06-11.

2. Price broke 38.2 Fib Fan channel of the entire move form 1.576 level @ 2007-10-10 to 663.29 level @ 2009-03-06. I expect a correction down to 38.2 – 61.8 Fib Retracement level of this last swing (which will form Right Shoulder) before price resume rising to 61.8 Fib Fan level.

EURUSD H4 Head and Shoulders… all ready!!

AS forecasted on June 09 ( http://swelltrader.blogspot.com/2009/06/eurusd-follow-up-new-entry-opportunity.html ), Head and shoulders is unfolding well. All ready for Breakdown!!

De acuerdo a lo proyectado en Junio 09 ( http://swelltrader.blogspot.com/2009/06/eurusd-follow-up-new-entry-opportunity.html ), el Head and Shoulders en este par se esta desenvoplviendo bien. Todo listo para el Breakdown!!

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