USDCAD, Bearish Harmonic Pattern (Butterfly)

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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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GBPUSD H1: Nice bearish Head and Shoulders… done

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S&P Wave ii (bearish) finished

As we can see, the new high after the AB=CD bearish correction confirms that wave ii is just finished.

The wave ii mentioned above act as bigger bullish Head and Shoulder`s neckline retest. Since wave iii can not be the smaller wave of the 5 impulsive waves, we can expect this wave to have, at least, wave i`s measure. That give us a projection to, at least, 1.145.31 level, which corresponds with 61.8 fib retracement level of the entire move from October/2007 high to March/2009 low. I think that from now on, we can expect Huge moves, do to the fact that prices are now unfolding wave iii of a bigger wave 3.

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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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GBPJPY… i always wanted to say this: “… ¡BANG! ”

See previous post on this topic: http://swelltrader.blogspot.com/2009/07/gbpjpy-poised-to-big-short-bearish-move.html

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EURUSD, Follow up, new entry opportunity

Within the bearish scenario forecasted previously http://swelltrader.blogspot.com/2009/06/eurusd-pullback-great-opportunity.html , this is another opportunity for a nice profit of this pullback. Interesting to note that the head of this possible Head and Shoulders, corresponds to the previous H1 Head and Shoulders, already unfolded.   Dentro del escenario bajista proyectado previamente http://swelltrader.blogspot.com/2009/06/eurusd-pullback-great-opportunity.html , esta es otra oportunidad para una ganar en este pullback. Interesante notar que la cabeza de este Head and Shoulders corresponde con el Head and Shoulders en la franja de una hora previamente identificado y totalmente desarrollado.

USDCAD, H&S Follow up…. no comments

 

Forecasted on April 15  http://swelltrader.blogspot.com/2009/04/usdcad-possible-bearish-head-shoulders.html

Undfolded pattern

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