DalethForex

DalethForex

The marcket structure has been bullish for weeks, price is in for a pullback to the blue box and afterwards may move upward in successive spikes as indicated by the arrow.

DalethForex

from current level, bitcoin could bounce, but at the break of that level we shall expect more downfall on btc... At the long run, fifth wave is still valid

DalethForex

Price has rejected the lower trendline which is 38.2 fibo level of wave 3 of the prevailing trend. We shall but XAUUSD in the coming session

DalethForex

from current levels bitcoin should hit $13000 to give a completion of the wxy structure in the green wave degree... we expect bitcoin to drop on completion of the structure but for now structure remains bullish

DalethForex

Price has made a three wave move doward from the previous impulsive wave, and is making a correction in three waves. After this corrective structure so formed we should see eurjpy dropping for quite a long time. EURJPY should go bearish for a long term to give a wxy structure as indicated in the purple degree