ETHUSD BUY UPDATE: Ethereum TP smashed with 500 PIPS profit😍 Hope you guys cashed into this move from the free analysis I uploaded on my page last week! 500 pips in 1 week from 1 market📈 All my Crypto investors cashed into this move.
Here is an alternative scenario to current Gold shorts I am in from 1870. However, this long bias also has a very good chance to play out. I have noticed something interesting about market structure on the Daily timeframe. There seems to be a lot of resting liquidity on Gold sitting around the 1972 region. Since the start of the year, price has been edging lower,...
GOLD ALTERNATIVE BIAS: I have noticed something interesting about market structure on the Daily timeframe. There seems to be a lot of resting liquidity on Gold sitting around the 1972 region. Since the start of the year, price has been edging lower, in every instance leaving liquidity above every high which still hasn’t been taken out. It’s a POSSIBILITY that this...
Gold is currently trading inside a tight range and near to completion of its final wave (Wave 5) before we see a market reversal back down towards 1828. Another way to confirm that this is wave 5 and we're close to reversal is monitoring price action and the momentum of buys. We can see that price has now slowed down after a very strong uptrend and buyers are...
Posted this analysis on TradingView back in September and we have finally hit the 1300 PIP target! Well done to everyone who got into this trade and profited.
A possible buy is in play back up to 1872, to complete Wave 2 before we see a continuation down towards 1570. This is also a VERY IMPORTANT HEDGE TRADE as it protects us if market moves back above 1965 & continues up. I will be catching this move on behalf of myself and my Account Management investors✅
Bitcoin is currently stuck inside a correctional phase. Wave A which is the original downwards move now looks complete, I am looking for one more leg up towards 70k before the next leg down towards $60,000. After this move is complete, we'll get a better look at the overall bias on Bitcoin and what it's next move could be. I will be catching this move on behalf...
After consolidating for the past month and a half, USDJPY has presented a bullish structure which looks like it is about to break out to the upside now and target $117. We have completed a correctional phase inside its current wedge. Possible we might see one more leg down as part of a micro correction (Wave E) before price shoots up again. I will be catching...
I am currently shorting Gold down to 1828. This move down is simply a corrective wave (Wave 4) as we still have one more impulse move to the upside (Wave 5) in order to complete the current bullish structure. After the move down I will be looking for long positions back up towards 1889 in order to fill in the imbalance created from the Gold drop back in June. I...
Gold has been in a downtrend since August 2020. The first impulse move down completed at 1670 & since then we have seen a very slow and choppy correction back up towards 1870 which was wave 2. Currently looking for rejections around 1872-1875 before taking any short positions. I am expecting wave 3 to start here which will be the main trend all the way down to...
On Friday we saw Gold price shoot higher on the back of NFP data creating a weekly high. We have an unmitigated zone between 1806-1794 which still has to be filled before a further move up towards 1872. I am expecting a correction now, since the new impulse, Wave 1 of the Elliot Wave Theory is about to complete around 1823-1827. This is a HIGH RISK TRADE as...
During Friday, we saw NFP manipulation push Gold up 1780 completing a 5 wave impulse move to the upside, before crashing back down again. As with every healthy trend, market requires a correction which we are now seeing in Gold. Now that the first impulse cycle is completed, I am expecting Gold to correct itself to the downside & fill in any imbalance created...
Gold is yet to complete its final wave to the upside (Wave 5) before we see a correction occur towards the downside targeting 1745.
Possible shorting opportunity on Gold down to 1742 to complete the correction A,B,C structure before market makes its move back up again. Check my previous post to see my mid term prediction on Gold back up to 1872 and let me know if you agree with it!
If you check my previous analysis, you'd see our Gold sells are melting in 200+ PIPS profit so far! However, market looks like its setting up for a liquidity hunt above the July high of 1834 and looking to take out the 1837-1842 region & completing Wave E before Gold starts its mid term melt towards 1756. Gold is currently in a distribution phase and accumulating...
XAUUSD SHORT ANALYSIS UPDATE TO 1756: We saw Gold carry on surging higher this week like I outlined on my last analysis & we saw Wave E complete at 1826 in 200 PIPS profit! I am still looking at shorts at the current price or even possibly a little higher at 1737-1742 as there could be a little liquidity sweep to take out July highs at 1835. I have moved my...
XAUUSD SHORT ANALYSIS TO 1756: We saw Gold carry on surging higher this week & we can see that wave 3 extended higher then I expected. The drop on 24th August was the end of wave 3 & the correction down to 1780 was wave 4. Expecting one final wave back up towards 1827 (wave 5) before we see a mid term correction towards 1754 begin. Considering the overall move...
AUDUSD LONG TO $0.75. After the huge selling pressure on AUDUSD these past few months, sellers are slowly losing momentum. I am now expecting price to consolidate & accumulate buy orders for the rest of this month. Expecting one more small wave (Wave E) down towards 0.707 as a liquidity sweep before market moves up. This move down will not happen straight away as...