Piotr Drabik
Author of worldtrader.pl blog and big supporter of technical analysis. Active medium-term trader. In his analysis uses classical charts, price action as well as harmonic patterns and Elliott Waves. In trading he always tries to take into account two points of market's view, in accordance with the principle that each transaction may be attractive both for the demand and supply traders.
EURUSD fibo 78,6% stopped the descent
EURUSD rebound from top of the upward channel, additionally 1.1700 level is a resistance chich price were seen in January 2015. Currently EURUSD is...
GBPAUD – easy it’s only break before upward movement
Since March 2013 GBPAUD moves in the upward movement. In early July price broke up resistance and in August was re-test. Since April 2015...
EURJPY – 4 months in consolidation
After a dynamic movement from December 2014 to April 2015 in May EURJPY started move In consolidation. Main support is 133.00 and resistance 141.00....
GBPJPY – completed a simple correction and resumption of the main trend
In a longterm on GBPJPY there is an upward trend, and last drop that started in June closer to the end. Length CD last...
USDCAD – resistance stopped the upward movement
USDCAD from 2011 is moving in an upward trend. In this period it has gained almost 50% in value from 0.94 to 1.33. USDCAD...
USDCHF return movement stopped at the fibo 61,8%
USDCHF moves inside the triangle. It lasts since January, from memorable event when the decision SNB suddenly greatly strengthened Swiss franc. So far, the...
AUDUSD rebound after the fall and movement of the flag formation.
AUDUSD since 2011 is moving in a downward trend, and the last six months there is a movement in the channel. On Monday a...
EURUSD broke out of the triangle, range of breaking 1.2400
EURUSD on Monday reached the highs of January 2015. At the same time there has been a breakout of the triangle, which was forming...
EURJPY – August minimum test
EURJPY moves for a month in a flat consolidation between 135.00 - 139.00. At the moment it is testing a lower limit of this...
GBPUSD – move in the upward channel and attempt to exit from consolidation
From the bottom of 7 August formed the upward channel, in which "Cable" moves. Currently, the lower limit of the channel is located at...
