We are still short on Gold for just a little bit longer. However, we can see that Gold is struggling with its bearish momentum. Wouldn't surprise me to see a liquidity grab to the upside. But overall, we are still BEARISH. On 14th June, we have the Federal Reserve announcing the next interest rate decision. They are expected to hike rates again by 25BPS which is...
This is the current sell we're looking to take for our Crypto Fund investors. After the recent bullish momentum we've witnessed in the market, buyers seem to have run out of momentum, so we're expecting a mid term move back towards HKEX:25 ,570 on BTC. Selling Confluences: 🚫5 Wave Impulse Move Complete. 🚫Buying Momentum Slowed Down. 🚫1 Hour BOS. 🚫Internal LQ...
Gold failed to take out Friday's low, showing that sellers are losing momentum. You can use this as a buying opportunity to target the early $2,000 region again. ⭕️Fridays Lows Holding. ⭕️Selling Momentum Drained. ⭕️CHOC + BOS. ⭕️Wave 1 (5 Sub-Wave) Complete.
ETH moving as expected, since I first posted this analysis in September 2022. As you can see from price action, liquidity is still very thin in the markets. As long as price remains below $2,700 zone, I am still predicting another market crash for the Crypto market, along with most the financial market throughout the 2nd half of this year🩸 September onwards...
In the short term, Gold is expected to be bullish towards $1996. Waiting for a retest of $1960, where I will be looking for buy positions. Targeting $1996, followed by $2009. What's your bias on this market? Do let me know!
USDT (Tether) vs USDC (Circle) reserves☝️ USDT seems to be more diversified then USDC, as they’ve split their reserves into 7 different asset classes. Compared to USDC who are only diversified into 3. USDT has a healthy 4% of their reserves in Gold, which is up 8% year to date SO FAR. They’re more likely to survive a liquidation process, compared to USDT when...
eather the US default on their debt or raise their debt ceiling; it’s a bad thing either way for the US Dollar & economy; US DEFAULTS🩸: ⭕️They fall into a deep recession ⭕️Roughly 7.8 million jobs will be lost ⭕️Unemployment rate doubles to 8% ⭕️Crime rate/poverty increases ⭕️Stocks & Bonds will be sold off/401(K) effected. Financial markets crash ⭕️Social...
This here is the analysis we used to enter short positions for our Gold Fund investors. We have 2 positions open, one from 2050 and another from 2040. We waited for a CHOC and BOS, which would have completed Wave A according to the EW theory. This was followed by a move back up to our OB (Wave B), now expecting a move towards 1966!
Wave count re-analysed & changed on the charts. ⭕️Equal Lows Taken. ⭕️LQ at 2022 Still Pending. ⭕️Wave 1 Complete. ⭕️3 Sub-Wave (A,B,C) Complete. ⭕️New Sellers Induced. Drop a like if you agree or let me know what you think!
This here is my short term bias on Gold buy's. The market is currently creating a complex correction structure, in order to trap both new buyers & sellers into the market. This inducement will be used as liquidity when Gold makes its next big move. For now we are just playing within this consolidation phase. Drop a like and follow if you agree, to keep up to date...
Selling Confluences: 🚫Higher TF Selling Confluence. 🚫Markets Overbought With Choppy Price Action. 🚫Buying LQ Already Taken. 🚫5 Wave Impulse Move Complete.
Looking to short Gold towards 2012, then followed by a sharper move towards 1970. First waiting for a retest off the supply zone, followed by a rejection before opening sell positions. This could also be followed by a huge downtrend long term.
Both the Dollar & Oil are moving in a negative correlation with each other, which fits with our long term bias for both markets🦾 The Dollar is weakening & pushing institutional investments into commodities such as Oil. Oil flew up 30% from its low, currently retracing down but still up 18%. Use this chance to DCA average into buy positions if you haven't...
This here is a risky trade as its a counter trade. However, I'm willing to take a small buy risk, as a hedge against our sell positions. Market has been ranging nonstop for the past month & possibly could for another day or 2, so I'm expecting these buys to push back into the upper range & create an extended Wave 2. Buying Confluences: 🚫Market...
As the DXY crashes, USDJPY will follow suit and also crash over the next year. So far rejected our order block, now wait for a retest and enter more short positions. But don't forget, this is only the start of the CRASH👀 Much more downside to go📉
This is my bias on how I believe the gold market will reach its mid-term target of 1702 over the next few weeks, leading into Q4 of 2022. So far, we’ve seen 3 sub-waves of the final bearish wave (Wave 5) & I believe we have 2 more sub-waves left in order to complete the bearish trend, which you can see detailed on the chart above. Make sure to follow the details...
Like I said would happen last night, pin point to the T! Go back on my profile to check the last analysis I uploaded. Perfect breakout and now running 120 PIPS in profit.
USDJPY analysis still open & running 250 PIPS in profit, with more upside expected next month. This correlates negatively with Gold, which supports our Gold sell bias📉 I posted the buy analysis back in September, which you can scroll down and see attached! Drop a like if you agree, or let me know what you think✅