Metxa

Metxa

Hello Traders USDMXN now in Subwave 3 of Wave 5. A more bearish trend following the downtrend channel FX:USDMXN

Metxa

Hello Traders GBPCAD seems to finish 5-3-5 correction structure. Now making a 5 wave move up for Wave 3 Breaking invalidation level below will signify bearish trend FX:GBPCAD

Metxa

Hello Traders FX:EURAUD EURAUD making the last move Wave E for the Triangle

Metxa

Hello Traders First counting Gold completing subwave C for Wave 2 . Price must break invalidation level 1932 for wave 3 to become valid Alternate Counting Gold completing wave subwave C for Wave 2 under 5-3-5 correction. Price must break 1873 to become valid downtrend OANDA:XAUUSD

Metxa

Hello Fellow Traders EURGBP will soon completing Wave C There is another zone below if the first zone break FX:EURGBP

Metxa

Hellow Fellow Traders Just a Quick analysis. Gold is now forming wave 3 impulsive If gold can make a new high breaking invalidation level (Wave B) it can make the wave at Wave 5 For alternate counting, price don't break Invalidation Level (wave B), it will start making a new wave 3 bearish. For this moment, the current trend is still Bull OANDA:XAUUSD

Metxa

Hello Fellow Traders Just a quick explanation. Price already broke Invalidation Level which is Wave 1 A more bearish trend will be form until complete Wave 5 FX:USDMXN

Metxa

Hello Fellow Traders. Just a quick analysis. USDMXN already broken the trendline at H4. Wait for retest. My buying zone is based on Fibonacci Retracement 38% till 50% Please like my post and comment below. Thanks FX:USDMXN

Metxa

Hello Fellow Traders Yesterday we had seen that the price break our invalidation level and continue to lower box zone. For price to go bullish, we need price to breakout the upper invalidation level FX:USDMXN

Metxa

Hi Fellow Traders. Continuing from yesterday analysis, we have seen that the price already rejected our reversal bos. Now for confirmation of uptrend, we need to wait for breakout and retest (sometimes it will go straight away without retest) for candle H4

Metxa

Hello Fellow Traders EURAUD is in the middle of intersection between Bullish and Bearish. From Timeframe Daily, EURAUD already form Wave E and the trend is bearish, but on lower Timeframe, it is in Expanding Triangle where subwave E is forming. Although that this wave will be bearish, there could be more room for EURAUD to go bull before making a clear move...

Metxa

Hello Fellow Traders Here is the chart for EURNZD This first level is very crucial in determined either the price will go up or go down. Must need to wait for Candle H4 to close before we come to the conclusion.

Metxa

Hello Fellow Traders EURGBP now in the midpoint for making a new move. Failed breakout on candle H4 will make a new uptrend move while Success breakout will make the last bearish move before going uptrend

Metxa

Hello Fellow Traders USDMXN has reached 61.8% Fibonacci Retirement for Timeframe H4. I forecast that the price will make a sideway. For the price to confirm uptrend, it must break the Wave 2 & Wave 4 trendline. This will signify the last Wave 5 before going short. Maybe during US Presidential Election we can see that USD weaken.

Metxa

Hi Fellow Traders FX:USDZAR USDZAR has reach a location where it now testing the trendline of Wave 2 & Wave 4. If this trendline is respected, we can see the price will go bull to complete Wave E before big jump to complete WAVE C on bigger timeframe Don't miss this ride

Metxa

Hi Fellow Traders Here is an update for USDMXN. My prediction is that the price is now forming Subwave 4 for Wave C before Bullish comes in. For safe trade, please wait the price to enter the selling zone or wait the price at buying zone for buying opportunity Note: If You found it useful to your analysis, i'll be glad to receive some donation. Thank you

Metxa

Hi Fellow Traders, Today USDMXN show a promising move which can completing Wave C for Higher TF. For low risk entry please wait for " Buying Zone". If price breaking Invalidation Level, it will create a new impulsive move towards downtrend My projection is that the USD will rally strong until US Presidential Election so I'm expecting that USDMXN will be bullish...

Metxa

Hi fellow traders, BTCUSD already break daily Trendline. This trendline is base on Wave 2 and Wave 4 wick. A move breaking this trendline shows that the trend is slowly changing to downtrend Expected potential reversal zone for Wave C to end before going for long BITBAY:BTCUSD