I used to analyze EURUSD maybe continue to increase to Fibo level 0.618 with the model a b c. However, it is only transformed as a wxy model. That's okay because our PLAN is about 0.618 right, but currently there is no signal to sell down. Text me if you have questions about Elliottwave.
NZDUSD Update The NZDUSD scenario is currently in two main directions: + Wave (iv) ending and going wave (v) with Ending Diagonal model + Wave (iv) with 1 beat down to 0.6295 will end. Careful current area and risk management when trading.
Gold is still in the Plan and one last beat is about 18xx However, if the market breaks the uptrend as shown in the picture above, you must review the wave scenario. Before Non-Farm, we should wait for the area of 1750-1760 to not trade in this period.
Being in the prediction will go triangle pattern
EURUSD still has 2 plans: ABC wave or 5 down wave. But the current EURUSD Plan still allows sell down when the corrective wave is completed c.
I have analyzed the spx500 and forecast it will increase after the retest (wave ii). And yesterday the market ran like analytics. Wave iii is forming and will continue to rise.
GOLD will continue rising to complete the 5-wave structure
USDJPY will continue rising to the FIBO region 0.5-0.618. If it is true (b), USDJPY will have a strong drop on H4. This drop is worth considering Sell
BTC is still in view of falling to 8100 and 7100 to complete wave c
Last week I analyzed the SPX500 for you (read the link again:). You also see that the market has dropped and then jumped at the beginning of the week just as forecasted. I am worried about how wave b will run next time. But we will definitely find an entry point in the nearest time when the market corrects
EURUSD long view will drop to the fibo zone 1.272-1.618
DXY is still the fourth wave of a trend. Note that region 98 may be the end of the corrective wave with the abc wave pattern.
Hello traders, wish you a good trading week. First I would like to inform you that this week we will have Non-Farm news, so be careful to manage your risks against fluctuations. Today I would like to analyze GOLD, looking at the chart you can see that there is a high possibility that gold is going wave (v). If the market recovers (wave ii) clearly, we will have...
Tomorrow, we will see a great opportunity to Buy EURJPY. But be careful now the FIBONACI 0.618 area of the previous wxy wave. Usually, the correction time will be longer or equal to the time when the wave pushes. Always observe the market and make the best decision. Happy Sunday!
EURUSD on the H4 frame may further decline to the zone of 1.105. It will then update to a clearer scenario.
AUDUSD is likely to have ended its upside wave with the abc pattern. The chances of dropping next week are quite high
Hey traders, the GBPUSD wave scenario may continue to fall towards Leading Diagonal. If this pattern confirms, we have a start for the next down wave, which may be (c) or (iii)