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Nima Azadi
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Nima Azadi has been engaging in financial markets for over 10 years. His experiences vary from investing and trading in the Tehran Stock Exchange (TSE) and Foreign Exchange Markets to mentoring and consulting on the technical aspects of financial analysis. He is frequently quoted in the Iranian... More
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  • GBP/JPY Outlook 5 comments
    Sep 10, 2013 1:20 AM | about stocks: FXB

    The currency is moving upward in a 5-wave pattern within an ascending channel. It seems that we are in the middle of the 5th wave and taking into account the PRZ area of the Bearish Crab pattern, shorting the Cable will be extremely juicy with very little risk as we approach the Fibonacci cluster shown in the chart.

    (click to enlarge)

    Disclosure: I have no positions in any stocks mentioned, but may initiate a short position in FXB over the next 72 hours.

    Themes: GBP/JPY Stocks: FXB
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Comments (5)
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  • babakbit
    , contributor
    Comment (1) | Send Message
     
    I really appreciate your analysis not only for your point of view but also for your skills in English comments. I've been learning lots of things from you and you are the best teacher I've ever had
    10 Sep 2013, 08:51 AM Reply Like
  • Nima Azadi
    , contributor
    Comments (7) | Send Message
     
    Author’s reply » Greetings Dear Babak,

     

    Thanks for the kind words,

     

    Nima
    11 Sep 2013, 01:37 AM Reply Like
  • fxalireza2013
    , contributor
    Comments (2) | Send Message
     
    what can man say??only thank you..thank you
    11 Sep 2013, 04:15 AM Reply Like
  • fxalireza2013
    , contributor
    Comments (2) | Send Message
     
    what can man say exept thank you mr Azadi
    11 Sep 2013, 04:16 AM Reply Like
  • Nima Azadi
    , contributor
    Comments (7) | Send Message
     
    Author’s reply » Greatings dear Alireza,

     

    I appreciate your kind words wish you success.

     

    Nima
    11 Sep 2013, 01:55 PM Reply Like
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