After 3.8 this might head for 1.5. This is an update on the previous monthly analysis here:
We will dive deeper into medium term. But these are historical information to guide our future speculation and Elliot wave count.
Dollar slipping away before next year bullish move. This is the daily view of our monthly analysis here.
Welp, today we hit $263.60 for a high and then dropped as I called for yesterday. We could still make another high above that rather it be to me being one degree off or just plain volatility with the jobs report coming out tomorrow. My thought is we may get some volatility, but it will be contained to under $262.39 or today's high at the minimum. There really...
We're in the wave 4 phase, we can anticipate a wave 5 completion soon. The wave 4 often bounces at 38,2 level but also keep in mind of the 50% level. If wave 4 retrces at 38,2 we can expect wave 1 and 5 to be equal.
SHORT CHFJPY not financial advise please do your own research
Whatever the Katalysator will be, we might see 35-36 really soon.
NASDAQ:AAPL Just a range breakdown and retest imo. Daily demand below. Expecting a one more low before a bounce. Bulls needs to hold that demand or 150 gonna come fast.
CME_MINI:ES1! CAPITALCOM:US500 CME_MINI:NQ1! CAPITALCOM:US100 Hourly consolidating in a bear flag. Incomplete bear count and looking for a one more low for Wave 5 followed by a big bounce. Not a buyer of first bounce after the big sell off. One more low and stop out early bulls and trap late sellers and send it higher.
AMEX:SPY SP:SPX CAPITALCOM:US500 CME_MINI:ES1! All downside targets met. Now it is time to see some upside action imo 📈 It was a fun ride down from the top. Almost down -10% in 2 months. Shorts are looking tired down here, and no interest in shorting now as long as the bulls are protecting the lows. Expecting a big bounce soon to fill the gap above.
Hey traders, Strong jobs data caused some bounce for the USD. But we are seeing some limited reaction as a lot of hawkish bets can be priced in. So I am even prepared on the reversal patterns. I like gold down here around 1800; its a nice technical support. In this video I will also also look at crude oil, eth and pound. Have a nice weekend. Grega ps. see you...
Hello Traders! Let's Have a Look at GBP/AUD Presenting a Great Trading Opportunity The GBP/AUD pair is showcasing a promising trading opportunity. On its hourly chart, it has formed a symmetric ABC bullish pattern, which is a strong indicator of a potential upward trend. Here are the trade details: The price is trading above the entry level (EL) at...
Today, my forecast is that the price will likely test the 1800 level before rebounding to create a new high. Afterward, we might see it form an 'M' pattern, signalling a potential opportunity for a selling position.
Key level is 4258; bullish above, bearish below. Break below 4258 (and then 4235.50) is a strong indicator that top of bull rally is in, and that price is heading to October 2022 lows.
From a technical point of view,, as long as the corrective structure does not fail, a bearish leg is still possible. That being said, if this analysis is correct a 3 or 5 wave bearish pattern should appear. With that in mind, the trend is bullish on the intraday chart, so use small size for this trade, even if the risk is very limited.
FX:EURUSD is retesting the trend resistance. The liquidity area may be tested before the publication of NonFarm Payrolls, which will form a surge in volumes At the moment, from a fundamental point of view, EUR will weaken further as USD ( TVC:DXY ) is in a strong bullish trend amid tight monetary policy. Today's data will not change the fundamental...
This count is based on my assumptions so anything can happen not a trading or financial advice just for educational purposes only kindly do your own ta thanks trade with care good luck. Copy this chart and zoom out.
The primary expectation is that wave X has finished and that we are doing an ABC pattern down as wave Y. It looks like we are working on wave (v) of wave ((c)). We are also at the reversal areas.