XAUUSD broke down the uptrend and heading to 1308.
DXY finished wave 2 and started wave 3 targeting 98.5. I will update the chart when needed.
SPX500 finished an impulse 5 waves and is about to retrace to 2112.
USOIL has finished a corrective pattern WXY and is retracing to target 49.
A Head and Shoulders reversal pattern is under development. Wait for neckline breakdown.
ETHBTC is in the middle of wave E of 4. I will be looking for breakout of the upper trend of the triangle.
SPX500 has completed 5 waves. Breaking down the uptrend will speed up the correction process.
GBPUSD brokedown a Flag pattern support level and targets 1.201.
USDCAD targets 1.36 to form wave (c).
XAUUSD was manipulated the last rally in the interest of selling at higher prices. Brexit was the catalyst. As a result a 'Bump and Run' reversal pattern is in place. XAUUSD is in the Run phase now where it's expected to form some kind of a bearish reversal pattern. I see Adam and Eve - double top is being developed. Price is expected to visit the Lead-in trend,...
SPX500 is probably forming an inverted H&S. A breakout of the neckline must see in order to long.
XAGUSD finished wave (B) last week and seeks lower levels.
105.5 is a solid support for USDJPY. As a result, a potential IH&S is under development. Neckline breakout will confirm the target 116.
XAUUSD might continue it's rally to test the downtrend once again. It might then bounce back and start wave (y). I will be looking for a bearish reversal pattern to confirm the start of the downtrend.