Babakr

Babakr

In my analysis on the EURUSD pair, it appears that we have completed our 1-5 minor waves and are presently undergoing a corrective ABC wave downward towards the current wave Fibonacci major levels. Following this correction, an uptrend move is anticipated to reach previous wave's Fibonacci levels.

Babakr

In my short-term wave projection for XAUUSD, I anticipate a price reduction driven by an impulsive wave downward.

Babakr

In the 1-hour chart, USDCAD has completed its 1-5 waves and completed a correction with wave A. Now, it's poised for a downward movement with wave B, followed by an upward movement with wave C targeting the daily resistance level. From there, a new downward wave can be expected.

Babakr

Upside Breakout: If the price breaks above the upper red trend line with confirmation, it suggests a bullish breakout. Downside Breakout: If the price breaks below the lower green trend line with confirmation, it suggests a bearish breakout. Entry: Upside Breakout: Consider a long position with confirmation above the upper red trend line. Look for a move toward...

Babakr

Corrective waves are almost finished. We could see impulsive waves starting soon.

Babakr Updated 

As shown USDTRY is correcting & could touch 38-50% FIBO levels of the last motive wave.

Babakr

USDTRY has two potential movements from this point as illustrated.