Yesterday's successful rise may fall today. Its structure is very similar to the silver weekly line, whether it is the relationship between index cloud band shape and price, MACD, RSI or K-line itself. I believe silver will go like this in the future. If the line goes like this, I think I can retire early or live in a democratic country. I am extremely afraid of...
Wait for a small rebound of 1H level after falling some more, and then fall again. The trend is similar to that of gold and silver, but the range is different. Then I analyze different cycles, and the results are similar.
Gold 1H seems to be building a flag shape, so it first fell slightly, then rebounded, and finally resumed its downward trend again. This covers almost all the trends in the next three trading days. Let's see how the market goes.
Gold 1H seems to be building a flag shape, so it first fell slightly, then rebounded, and finally resumed its downward trend again. This covers almost all the trends in the next three trading days. Let's see how the market goes.
Silver is about to fall again. After this fall, a small-scale correction will begin, and a small correction of about one week may begin with the change of lunar phase. Then the three waves with longer starting time and greater power fall.
Close to the bottom DXY, a new round of pulling up is about to begin, and there are 3 waves, strong. We look forward to a substantial rise and suppress all forces. It is expected that 0.618 can stop the decline. It is expected to DXY rise in the next few days of the week.
Silver I always insist on going out of such a structure unless it has been falsified before. At present, it is close to the last period of medium-term decline. Wave 1 may not be finished yet, but it's close. 2 waves don't have much meaning to do more. At present, the safest ones are short at the top of 2 waves and long at the bottom of 5 waves. I also drew the RSI...
After reaching the target yesterday, it fell sharply. At present, the daily line and 4H are all positive kinetic energy, and it is expected to continue to rise. 1H if you can call back, you can consider going long. Of course, 1H is also a positive kinetic energy, and it may not callback.
Similar to the structure predicted yesterday, the 4H MACD did deviate from the bottom. But yesterday's point was not good. It is expected to stop falling after callback to 0.618 today, and then rise again. The target is set near 0.618 of the current band decline. Then start the second round of band decline. Silver's final decline target is currently the most...
The USDCAD is flying a flag for 1H and is expected to rise again. At present, it is close to completion. The callback position is exactly 0.5. It is possible to stop falling after testing 0.618. The ABCDE on the left looks like a silver perimeter, and the cloud belt is also very similar. And USDCAD 1H goes faster than silver, which may be used as a reference for...
Daily MACD shows positive momentum, so it is bullish, and this rise may be DXY correction, which is caused by the rise together with most other varieties. We successfully reached 0.5 yesterday and have the opportunity to test 0.618 today or tomorrow.
DXY is expected to pull back because the wave shape shows that the first wave of this rise has been completed. Callback is required, but DXY trend is up, so it's best to do long after callback. Otherwise, the point position error may cause losses.
Yesterday, 0.382 was successfully tested, which was just blocked, indicating that the probability here is a Fibonacci. If you step back today, you can do long again. The target is 0.5, and it is expected that there may be a callback or a direct test of 0.618.
Silver may have to make an upward correction before returning to the main trend. Because the 4H MACD may deviate. The ratio of gold to silver 4H also suffered resistance near RSI 63. But the rebound is expected to be corrective, so be cautious. High short can lock.
Refer to the recent 1H and 4H forms of silver for details. The most deceptive callback has been completed, and there will be a strong pull-up next. So I'll update it now.
In addition to what has been analyzed in the morning, add a Fibonacci trajectory diagram of my latest research. At the first contact of 0.5, it may step back by 0.236, then break through 0.618, step back again and again, and finally reach 1.0. I have always had a question. Developed countries are all democratic countries. Do you think it is the overall moral level...
It is similar to silver 4H in form, but bitcoin goes slower than silver. So in the last two days of this week, I will choose to be bullish. The ratio is just slightly more than 100% of the first wave correction, and it is the most target just near the pivot point. Of course, it is corrective.
DXY is currently in a bearish three drive mode, and it is expected to start to fall when it reaches the 0.382 reverse position of the whole decline. However, it is expected that after the decline, the monthly MACD still shows positive momentum, and is in the environment of narrowing and expected fundamentals of interest rate hike. DXY can only rise until it...