pato

pato Jul 1, 2024

Gold appears to be in a long-term corrective phase, presenting an opportunity to test some shorts. If the Elliott Wave structures on the chart hold, we are likely to see weakness pushing the price back under $2,300. Keep an eye on this potential move!

pato Jul 1, 2024

Despite the recent bullish momentum on EURCAD, it doesn't yet look convincing for bullish accumulation. Our Elliott Wave count suggests we may see another leg down before any significant accumulation occurs. Stay tuned!

pato Jul 1, 2024

ETHUSD seems to be in a long-term downtrend. The current Elliott Wave count suggests there could be a high risk-to-reward trade opportunity. Keep an eye on this one!

pato Jul 1, 2024

Looking at Bitcoin from a market structure perspective, it seems as though we are currently witnessing a bearish cycle which could see us test the $55,000 price. In the near to medium term, there is a case for: a bearish (5)-wave cycle, which would suggest that we may have posted a 4th wave correction and could begin to trade lower as we build the 5th wave...

pato Jul 1, 2024

AUDNZD appears to have completed a 5-wave cycle, indicating a potential upcoming correction. Here's my outlook: The RSI is showing divergence with the price, signaling that bullish momentum may be waning. Keep an eye out for a possible trend reversal.

pato Jul 1, 2024

It looks like AUDCAD is gearing up for a significant move. I'm observing a long-term bullish ABCDE pattern, which has the potential to evolve into a 12345 wave. In the short term, accumulation appears to be taking place, suggesting a breakout might occur within the first two weeks of July, especially with the upcoming news events. Keep an eye on this pair!

pato Updated  May 26, 2021

I think we have a fair mix of opinions around where Bitcoin could be going next, here are some of my thoughts.. Ive included a longterm chart for your consideration as well: s3.tradingview.com

pato Updated  Apr 28, 2020

This one looks really interesting going foward. Bare in mind that it might be choppy on the way up so look for buying opportunities on the declines.

pato Updated  Apr 27, 2020

This looks to have a fair bit of bullish potential.

pato Updated  Apr 25, 2020

Copper looks to be doing something really interesting longterm. Watch this closely.

pato Updated  Apr 24, 2020

Looks like we might be at the begging of something quite remarkable for the pound. This is definitly one ot keep an eye on.

pato Apr 23, 2020

something quite interesting might be developing

pato Apr 22, 2020

This looks like its bottomed out.

pato Updated  Apr 20, 2020

I think this has to be near some sort of bottom. We havent seen prices since 1999 and I personally dont believe that oil settle at this prices forever. Economic activity will come back. Im calling a bottom of $12.30

pato Apr 20, 2020

Looks like we have completed some sort of ABCDE play for the bull side, If this is correct, there is an amazing longterm buy-side trade that opens up.

pato Apr 18, 2020

I cant shake the feeling that this one declines substantially. We didn't consolidate enough according to the longterm outlook of the chart, and according to the current setup, it looks like we might sink for a full 4th wave consolidation.

pato Apr 18, 2020

A large number of US stocks look prime for a decline technically, and we have earnings data coming out next week.

pato Apr 17, 2020

Looks like today has been all about selling. Watch out for the earnings report coming on the 21st of April.