I don't know how long this perceived affluence will continue--but the days are numbered. Everything is overbought.
Hello Traders! Suggest you, take a look at the index S&P500, starting from 4 march 1957 year to current day, in terms of the Elliotte Waves, Market Profile, Volume, Cluster&Delta analysis! We hope that our modest work, will help many traders in the World to find the way of truth in future market prices! (We are sure, that you can predict better, than this...
We do not even know, what to say. Everything is reflected in the charts in terms of the fundamental, historical and wave analysis. Maybe we are wrong, and the oil, will take the form of long-term correction, but the growth is unequivocal in the coming years. This is our opinion. Yours faithfully!
GOLD (XAUUSD) - There is the EWA/EWP on a daily format! Please remember the main Rule! Think on the great timeframes, enter into a transaction on minute charts! Sincerely yours Powerful Traders.
After a swing to the upside and a failure at 1.10000. We can the euro to continue back to the downside over the next 2-3 week hitting the round number 1.00000.
After profit taking we now find ourselves with a great setup to re-enter the market with new positions.
Daily Time Frame showing signs of further upside and we now have a long setup on the hourly time frame
This pair has broken out and is now at the last swing high. Initial profits were taken here but the price action before reaching this level has indicated price will continue through the high to the next target.