XXX/USD: Bullish (Both pairs are in the same direction) Gold & Silver: Very Bullish (Both pairs are in the same direction) XXX/JPY: Bullish (G/J and A/j are in the same direction) USD/XXX: Bearish Indexes: Bullish (Both pairs are in the same direction)
An impulse in the third wave could be continued.
The current bullish impulse is likely going to move on.
We're likely going to have a bearish correction soon.
The third wave is about to end, so we could have a correction soon.
After a trend line break out , it could be noticed how the Dollar has been getting stronger through the days. However, a retracement till 93.00 is not a bad idea , in order to start shaping an inverse head and shoulders, a reversal pattern. ----- Constructive Critics are well received. *I appreciate your feedback. Thank you.
Expecting further dollar downfall after the bearish flag played out perfectly. Now waiting for a retest of the broken support/flag
Did you follow our analysis on 6 June? +700 point move we had. Now I am still on "slightly" Bearish mode. BUT watch 25,000 level closely as it is now acting as BIG support. If that level breaks, it shall go to 24,650 level. Trade Safe, s0nic
Reverse idea. Short with good volumes if we brake resistance levels.
Correction possible down movement idea! Bearish consolidation. HIGH RISK POSITION!
This publishing chart is an monthly log scale one, correlated with DAX and SPX500 but a little lagging. I'll update this slowly, weekly chart and EW wave count labels will presented for you. No rush here and no panic here ok? Every detail will show for Chinese traders and western investors.
*Weekly Time Frame* Setup can take 2 months to show. Also the Daily Time Frame shows some bullish movement, when the daily time frame also turns bearish its time to short sp500 for 100-150 points, maybe more if the lower range breaks. When the Daily Time Frame turns bearish I shall also update this idea. A broke of the range followed by some small side ways...
US DOLLAR CURRENCY INDEX FORECAST Opened short. Possible reverse high risk short. Or waiting for LONG when brake Purple line.
SHORT IDEAS just opend expecting return in the "greenzone".