XRPUSD - There is a chance that the correction will soon be over which will result in the 3rd impulse with a target of 80 cents or we could have a small pull-back correction before dumping 1 more time to make a new low and then we start the impulse upwards to the same target.
Before you buy make sure you wait for a decent sized impulse, for...
ETHUSD - We broke the last low recently and now we have a relatively strong retrace impulse. Whether this impulse is the start of a complete reversal or just a bigger correction we do not know for now. With that said, whether we are reversing or just correcting, this long setup is a good one keeping in mind that we continue moving sideways to make...
BTCUSD - The first way I see it playing out is directly upwards from here to break the top which means that the correction was a simple flat. After breaking the top, we will most likely pull-back to make a new small flat or a 1 line correction to complete the bigger wxyxz which started at the end of July.
The second scenario is a dump to break the...
SPX500 - We can break the top from here to complete the smaller wxyxz pattern or we will pull back right now to complete a standard 123 flat pattern before continuing upwards to make new highs.
We will need to re-evaluate the price action after we make new highs to see if any signs of continuation are showing but I think we will have a huge pull...
EOSUSD - Big downward reversal over the last couple of months took place and now is the time for a bigger correction to start or the beginning of a complete uptrend!
Look for a rejection at the trend line to complete a 123 flat and 1 more dump to break the low before reversal/correction or we can just turn from here if we do not get a fat...
XAUUSD - Wait for the trend break OR bounce!
We will either make a small flat correction similar to the one right before and continue the uptrend to break the recent top or we will start a much bigger correction pattern from here before continuing the more long- term up trend.
Wait for clear setups before entry!
If you would like me to forecast...
USDJPY - Small flat correction and then a strong impulse down.
The target is to break the low of (Jan, 2019) and bounce.
Wait for the correction to be complete and look for a small flag before entering the sell!
If you would like me to forecast a specific pair that I have no covered, feel free to comment it down below!
Please don’t forget to...
EURUSD - Multiple scenarios still in play!
Be very careful if you choose to buy here, (look for an impulse up and a flat correction pattern before you enter). If you don’t get one it will be too risky to buy because I think a sell off and bounce at the 1.102-1.1027 area is more likely than a reversal right now.
If you would like me to forecast a...
GBPUSD - Down move should be over soon!
Look for a big impulse upwards after which we will need to re-evaluate to see whether or not we are going to get a rejection/reversal or a big correction for continuation upwards.
If you are selling at these levels, be very careful and move your stops in order to book some profit.
If you would like me to...
USDCAD - 123 DONE or BIGGER ‘2’ ?
Look for a rejection at the yellow trend-line and reversal or a correction and continuation up.
If you would like me to forecast a specific pair that I have not covered, feel free to comment it down below!
Wait to see this build, it has broken the momentum trendline, and it is gets choppy on the way back down then another push higher is imminent. Even if it hits equal top, you could be looking at 150+ pips which is a solid trade is anyones books. Love these pairs that move solid pips in short spaces, always great to trade if you time then right.
This shows the internals of the expanded flat, as detailed in one of the previous updates (link attached), that Nifty might be forming. This is a rather far-fetched view and the view is correct conditional on Nifty following each of the above arrow. At this stage, this seems to be the most likely future pattern.
Right now is undoubtedly a time when Bitcoin enthusiasts & investors are glued to what the price is doing. I see all kinds of analysis, predictions (different from analysis), fund managers tweeting horrible looking technical analysis with a MACD and a few unconfirmed trend lines, drive by media reports from their “experts” and so on. To be honest, we are at a...
We have already said a lot during yesterday's session (see chart below), the uptrend may need some consolidation or it could be a real reversal as it happened in the past. With this in mind, we show our idea about impulsive waves, and from a technical point of view we do not exclude a return around wave (IV).
Yesterday we published our bearish setup on the daily...
I have many many charts boosting n yelling about BTC to Break 20K level and gonna break 100K in year 2020 ..
To my belief , it is possible But Let it complete its wave 2 First .
Wave 1 = it is complete at 20K level
Wave 2 = formation is WXY ,,( Now lets break down WXY )
W = Complete in ABC formation
X = We are now in the middle of it ,
A will be...