Hi Guys, keep an eye on Dollar Index moves to the upside were great but the move to the downside has a nice potential so keep an eye on it and get in when it will give us a nice sell setup on lower time frame to confirm the move.
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Hi Guys, the XAGUSD is in a structure where it needs to tell us where it will go in the future. Structure is showing us two possible scenarios the wave structure could develop. I will wait for a correction before buying or selling it. I guess setup will be clear next week and we all will know which way it will go.
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NZDJPY is at resistance and lines up with the downtrend line here in the 4 hour chart. Also, I am seeing it forming an ascending triangle in this this time frame as well, which is usually followed by a drop. I have included a fib retracement as well to show us possibilities of where the pair might retrace after its bullish move from last week. Let's see where how...
The daily trend is down, the price has printed a daily Momentum low of 108.72. A new wave structure has started on the daily chart.
The 1hr chart broke down the ascending trendline of the current secondary trend(Correction). The simple approach is to measure the High to low of the trendline interruption, looking for a sell at the retest of the 109.85 which is...
This is the Dow Industrial Average - Weekly. (Price & Time)
This is only a 2-D Time Slice of a high(er) dimensional wave analysis (see - attachment), with standard Price projection onto the Time axes. (Will add the rest as time allows.)
On Dec 21 I have published an idea about longing $WAVES. Here we have a continuation and its breakout.
I am interested here because:
- has broken through closed monthly VWAP
- 50/100 DMA
- testing for the first time 200 DMA since the start of this year 2019
My target will be clearing the whole area of sell-side liquidity and then I will play it as a swing (if...
WAVES / USD TA
We are currently in neutral zone. If we will be able to breakout of it we would be looking at over 20% in profit short term. If we see downward pressure we will most likely be moving towards double bottom at $1
This should not be over 5% of your portfolio.
Recently Ucad has been quite stubborn. Therefore I look to oil to help make sense of it. what I'm looking at is a potential wave 4 forming on both the primary and intermediate degree. I' ( looking at further upside in oil prices up to around 67.15$ per barrel (next support level).