kiwi showing a few more signs that the 5th wave is nearing completion.
another shooting star pattern hitting and reversing of one of the red fib levels.
looks like a 33333 ending diagonal.
Having got ourselves into a debt-induced economic crisis, the only permanent way out is to reduce the debt – either directly by abolishing large slabs of it, or indirectly by inflating it away.
Ichi gave a long entry off the weekly chart in MAY for a max 750 pips to date.
The action is currently through the Kumo and the CS is approaching the Kumo resistance. Once KS (blue) flattens it should attract the action. Advance Kumo has crossed bullish, so we still need to monitor this to confirm the actual turnaround point.
its nearly time doc to go up to your bedroom open your wardrobe and put your shorts on.
the kiwi maybe going down !
O for Awesome!
Commodities got hit on Friday. Seems like the AUD and NZD tracks the commodity prices.
May have to short NZD/USD to hedge against my resource holdings. Or even go long on USD/NZD.
Having got ourselves into a debt-induced economic crisis, the only permanent way out is to reduce the debt – either directly by abolishing large slabs of it, or indirectly by inflating it away.
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Originally Posted by Dr_Who
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