In this chart we in a downside trend in daily time frame. we can see two AB=CD harmonic pattern that the PRZ is on top of the channel. i use time cycle analysis for sell. good trade. EK_ANAlySIS
The previous analysis is still not going to be traded until the time frame specified in the image. Timeframe is August 12-14.
It fluctuates in a neutral channel, so it is suggested to swing with the trigger between the ceiling and the floor of the channel until this strong channel is broken.
You can sell but in 7 oct 2019 time zone. this time is the reversal for GOLD.
As predicted in the previous analysis, TVC:DXY has begun to improve in its time frame. According to the basic harmonic pattern AB = CD needs to be modified again like BC. Given the high resting speed it seems, the validity of the time range seems higher than the price range.
Given the triangle continuum pattern structure, if the breakdown of the 1.33441 price range is broken, the profit margin range with the loss limit shown is valid.
In the medium term, the bullish trend is presented with the goals and time specified. But in the short run, on the 30th of August, you can make a profit.
This pair can go up to top of the channel so continue the down trend. good trade
In a low-end indexing structure it fluctuates if this structure can be broken into the buying position. This structure is also associated with ordinary divergence.
Moves in a descending channel structure with harmonic patterns AB = CD and AB = CD (inv). This descending channel seems to be breaking upwards. The PRZ and TRZ range specified in the image is the appropriate range of purchases. Due to the increasing speed of breaks the PRZ is unlikely to rise and the TRZ starts to rise.
Due to divergence in the two support the probability of temporary rise and then fall to the specified price range is greater. All of these waves can be considered a multi-wave correction for the recent Sharp uptrend.