According to the frequencies of market for daily we will have a long term uptrend for Gold.
Enter Area: 1925~1945
Take Profit: 2134.09
The Second position at rate: 2085.56
Take Profit: 2212.60
According to my last analysis the downtrend of USOIL is over.
The details of waves in M15 is shown in the chart.
Wave C will have 5 waves to up and then this will be wave 1 for uptrend and market will pull back to create wave 2 and then wave 3 will begin.
Wave 4 is included of ABC. Wave C had 5 waves and right now we are going to start the impulse wave which is Wave 5.
My expectation for trend reversal is around 36.9~ 36.63
For those traders have Hedge on OIL should be careful during closing your position. The best method is closing with small amounts such as 0.02 and decreasing from your hedging volume.
As I mentioned before about the analysis of Oil. In this moment we are in Wave 5 of total movement. Wave 5 includes 5 waves which are 1,2,3,4, and 5.
Wave 1 in wave 5 started on July 30th 2020 15:00 GMT and this wave finished on August 5th 2020 16 GMT. After that wave 2 started which is a regular flat wave. The wave C of the second wave will finish at...
According to my analysis based on order flow, Elliott wave theory, and frequencies, AUDCAD is in wave 3 and Take profits are as follows:
Please check me oil analysis.
USOIL after breaking the resistance right now is in correction wave.
Enter area : Buy limit: 41.12 second buy limit order 40.69 ( Because our calculation is based on daily chart, therefore maybe there will be a shadow on it so we set 2 orders)
Take profit 1: 43.93
Take profit 2: 45.03
Stop loss : 39.29
There are several reasons, indicating that EURUSD is going to have a downtrend to 1.1513.
The first reason: The U.S. dollar index is in wave B and it will move to 95.22 and in completely match with trendline.
The second reason: The frequencies in EURUSD and Dollar index are showing trend change.
The third reason: Divergence in H4 for dollar index and...
EURUSD based on our methodology, has started its downtrend and with great money management system such as set SL after your sell order and let you collect whole of the pips.
Based on Frequency on waves in Daily and H1 market is ready to drop until 1.1080 then we will have a correction and the last destination will be 1.0984.
Get Ready for Good Profit.
We have invented an indicator based on signal processing and order flow.
NZDUSD has huge drop very soon, Please only use 10% of your money and give yourself 20-40 pips movement against the trend.
We are in wave 5, wave 5 includes 5 waves. The first wave is created and at rate 1507.23 wave 2 will finish and next step will be 1513.63 you can make TP here and take the second order at rate 1512.26 with TP at rate 1515.84. There is probability for 1517 today also. Then again market will stop its up trend.
Huge profit and enjoy. Please don’t forget to support...