Trading View Guide: Hi Traders, here is my analysis for the US Dollar (DXY). In my earlier post on the weekly analysis you would identify where we are in what appears to be the corrective 4th wave of the super cycle for the dollar, and I was anticipating a further movement lower to complete the cycle. Observing the daily timeframe we can see where price has...
It looks like an uptrend but I have some concerns. I will post my concerns in the comment. don't rush to buy it. first , in the 5 min chart the uptrend move dose not look impulsive so I am not sure if the correction is over or not I need to see more evidence to buy the market
Hello my friend, i am going to share my view on XAUUSD again this time. Previously i make a sell call on XAUUSD based on wave analysis of Elliott Wave. Price nearly hit my SL before reversing into TP 3 and i managed to banked nice profits from it. We are curently on the 3rd wave of downward movement and price already passing through some strong support. I am...
Hi Traders, here is my analysis for EURUSD We should start to see some strength coming in the dollar as the market starts to rally from its 6week sell off. The market however is still showing signs of maintaining its uptrend from a 4Hr perspective as price as continuously respect its trend support and retesting the weekly highs. This is due to the Euro still...
Hello my friends, I am spending this Sunday for some analysis on XAUUSD. Gold moved with a crazy 2500 pips rally from the beginning of July until August 1st week. Friday candle close finally showing sign of exhaustion of XAUUSD because it closed with a bearish engulfing candle along with a bearish divergence on the Daily timeframe. I am taking a deeper look into...
I think the wave 3 is over and we will have the pullback for wave 4
The prediction went right and the triangle d wave got broken. I am expecting a short reversal and then another crash. I will keep you update here
So now are we ending a Wave 5 or are we coming out of ABC and into Wave 1? This is a massively important level.
The market close on Friday with a big uncertainty. we observed a smearing move up. I still don't know if it is an impulsive wave or a corrective because the waves have not unfold completely. I think it is gonna be an impulsive wave as the characteristic shows. in that case we will have a WXYXZ correction and probably this will be the last correction. we should...
TSXV:HIVE showing a symmetrical triangle with a long term price target of $0.81. All elliot waves confirm to the rules and the 5th wave target has been reach ($0.58 - $0.59); I will be selling my position in the morning. Price correction is coming and after it will push to complete the target of the symmetrical triangle. I used MACD Trend Strategy to confirm my...
What do you think? the wave (iv) is Going to be a Flat or Complex Correction or its the beginning of wave (V) ?
A zigzag pattern was identified on the chart which signifies a corrective wave, impulse move is expected to follow immediately. Thanks for liking and following the anlaysis
MTLBTC weekly double bottom looking to moon as some good news coming
a new oppurtunity to open another sell trade await behind the neckline of the emergig head and shoulder pattern as shown on the chart. Thanks for liking and following👍
-Silver is recognized by inverters as a risk-free asset and also has industrial use. -I think silver will becoming more valuable faster than other precious metals. -Gold is going to rise but Silver will outperform Gold.