I am still short on Gold until 1774-1764 before looking at Gold buys. However, after todays manipulative move & with tomorrow being NFP, I have created this as my alternative analysis for Gold long's. Although long term I am still bearish on Gold towards 1570, there is a possibility Gold can take out all the market imbalance towards 1970 before dropping down that...
USDJPY has melted as expected from our last analysis. 110 PIPS melt gained so far. This here is a good zone to either close out your buy position or at least take partials. Enjoy your profits👌
From the last analysis posted, we can now see that Gold has gone up as expected & completed Wave B, hitting a peak of 1809. Expecting price to slowly decline now towards Wave C around 1774-1767.
This here is my current view on USDJPY. I am still targeting $117.500 for Wave 5, but after a deeper correction. The market is currently in a corrective phase inside this triangle. Expecting one more wave down (Wave E) towards $114.200 before buyers come in again.
This here is my current view on USDJPY. I am still targeting $117.500 for Wave 5, but after a deeper correction. The market is currently in a corrective phase inside this triangle. Expecting one more wave down (Wave E) towards $114.200 before buyers come in again.
This here is my long analysis for GBPUSD with a target of roughly $1.4400. If you look on the overall bigger Timeframe such as the daily, you'd be able to see bearish momentum came to a holt in mid December, followed by a rush in of impulse buyers into the market. This here would count as Wave 1 of the new trend, we are currently pulling back as a correction & now...
For those that understand Elliot Wave Theory, I'm sure you can tell what my short term & long term view is just from looking at this chart analysis. Short-term I am expecting a move back down towards 1807-1796 after we hit the resistance zone of 1852-1862. After that will we Gold prices drop lower or will it resume to the upside again? I have zoomed in on this...
Gold has been in a uptrend all this time and it still is. Currently bullish momentum is slowing now indicating a correction is due soon. Expecting one more final wave (Wave 5) towards 1850 to complete the Elliot Wave Theory.
Gold has spent the past 34 DAYS STUCK within this tight range just consolidating which is boring for us swing traders, as it doesn't offer much trading opportunities. However, on Wednesday we saw a break above the 1833 resistance after an entire month of ranging. We are now approaching the end of the month so not expecting much, but February we should hopefully...
860 PIPS smashed on Bitcoin within 2 days🎯 Was expecting this to be a slow & choppy move, but we saw price melt so nicely😂 All investors within my Crypto Fund profited off this move. What a profitable start to the year while everyone else got liquidated. Crypto is a volatile market, not one for beginners🙌 We’ve already entered a new position on Bitcoin🤫
I am looking at 2 support zones that I will be looking at long positions from either tomorrow or early next week. First level is 1833, ONLY if price actions confirms a bullish move, I will open a buy position. If not, the second zone is 1826, targeting 1854-1856. Possible 200+ PIPS opportunity.
I am looking at Gold long positions towards 1856. However, before taking that long position, I am waiting for a retracement back to the demand zone of 1824 where a lot of liquidity will be hanging around.
This here is a sell to buy trade. I am already in a sell from 1829 so this will be my second entry. I still expect one more wave down towards 1735-1710 in order to grab liquidity for the year. After that move is complete, Gold will be ready for its yearly Bull run. Possibly even possible to create a yearly high now that the long term correction is about to be...
If you go back on my page and look at my previous analysis, you will see that I am already in a sell from 1829 and running in decent profits. However, Gold is currently giving mixed signals with its consolidation and slow market moves. If Gold pushes up from here, my alternative analysis would be to short it from 1856 down towards 1740 as my FIRST target. All my...
This here is my short analysis for the Dollar Index all the way back down to $82.50. This here is the overall bigger direction on the Daily timeframe. My Monthly TF analysis (Posted on my TradingView profile) has led me to believe the Dollar Index will take another dive down, in order to complete the corrective structure in accordance to the Elliot Wave...
This here is my short analysis for the Dollar Index all the way back down to $82.50. This here is the overall bigger direction on the Monthly timeframe. My analysis has led me to believe the Dollar Index will take another dive down, in order to complete the corrective structure in accordance to the Elliot Wave Theory. So far we've seen a completion of the...
This here is my Gold long analysis long term back up to 1974 to cover all the imbalance created throughout 2021. This here is a sell to buy trade. I still expect one more wave down towards 1735-1710 in order to grab liquidity for the year. After that move is complete, Gold will be ready for its yearly Bull run. Possibly even possible to create a yearly high now...
This here is my Gold long analysis long term back up to 1974 to cover all the imbalance created throughout 2021. This here is a sell to buy trade. I still expect one more wave down towards 1735-1710 in order to grab liquidity for the year. After that move is complete, Gold will be ready for its yearly Bull run. Possibly even possible to create a yearly high now...