Tags » Trend Line

Trend Line Break


The dollar broke above the declining trend line signaling a new daily cycle.


Since the daily cycle count has not been clear, we still need to see a break above 86.13 to form a daily swing low and confirm a new daily cycle. 116 more words

More of a Nudge ...


In last night’s post, When Push Comes to Shove, we discussed that gold needs a shove to either declare a new daily cycle high or commit to a daily cycle decline. 265 more words

When Push Comes to Shove


It looks like we are getting to a point with gold where push comes to shove.


We are still waiting to see if gold is through with its intermediate cycle decline. 161 more words

Miner Problems


The bullish reversal printed the previous week broke above the declining trend line signaling a new daily cycle.


The Miners have not yet formed a daily swing low, which is concerning. 234 more words

The 10/17/14 Weekend Report Preview

The Dollar

The daily cycle count is still unclear. If Wednesday marked the daily cycle low, then either count does not result in a failed daily cycle. 244 more words

17 October 2014 – EUR/CAD – Pull back in progress

Daily EUR/CAD candlestick chart. On 16 October I closed my long position in the EUR/CAD, with a good gain. The daily candle was a Spinnig Top, an indecision pattern. 27 more words

Forex Technical Analysis