Dillon_c

Dillon_c

BTC can be a leading diagonal or a minor wave 1. Lets see if it breaks through the resistant. For education purposes only.

Dillon_c

XRP unable to break the resistant yesterday, but i believe it will be break soon. Now we have a clear wave 1 and heading wave 2. Once wave 2 completed, i believe we can break through the resistant line and move towards wave 3. For education purposes only.

Dillon_c

So bond has completed wave 2 correction and heading towards wave 3. A strong yield is showing possible weakness in gold. So this is how you link them. For education purposes only.

Dillon_c

The wave 2 correction further extend from 50% golden fib level to the golden fib level 61.8%. Now i believe it is moving towards wave 3. For education purposes only.

Dillon_c

The wave 2 correction further extend from 61.8% golden fib level to 70%. Now i believe it is moving towards wave 3. For education purposes only.

Dillon_c

If 50% levels hold, i believe it is going towards wave 3. For education purposes only.

Dillon_c

The correction ended higher 90% from the golden fib level 61.8&. However it is fine as that the range of wave 2 correction. In Asian session, we saw a good rejection at 90% level. Now, i assume it will be bullish in US session. For education purposes only.

Dillon_c

For education purposes only.

Dillon_c

For education purposes only.

Dillon_c

For education purposes only.

Dillon_c

For education purposes only.

Dillon_c

For education purposes only.

Dillon_c

I suppose Wave 2 of the bigger impulsive wave soon come to an end. 1932 is an interesting level to buy as it form a head and shoulder as well. I suppose the price will rally from here to form wave 3. The above analysis is via trend analysis and elliot wave count for education purposes only.

Dillon_c

Last two week I been waiting for the gold movement and i provided 2 possibilities. I hope you have make a buy entry at 1907.08. For those that missed the entry, you might want to wait for a retracement. The above analysis is via trend analysis and elliot wave count for education purposes only.

Dillon_c

My view on GOLD as of today is still the same, Wait & See. The market is still undecided after a big movement last week. There are two possibilities:- 1) Buy - If the price break above 1907.08; or 2) Sell - If the price break the blue ascending channel. The above analysis is via trend analysis and elliot wave count.

Dillon_c

The price was rally to 1917.58 and that area @ 1917.58 serve as a strong resistant. There are two possibilities:- 1) If the candle would be able to break through this level, it will be a good uptrend. The breakout will be a strong bullish candle; otherwise 2) It will hit that level and fall to area @1740 to form a wave Z. The above analysis is via trend...

Dillon_c

This is a toughest one and have alot of mixture in analysis out there. But i am still long and you can buy once it breaks the triangle.

Dillon_c

Last week, i am telling you guys to wait and see for USDCHF. It is now in at the support line of an uptrend channel. You may consider this setup.