I am long USD here. All the currencies have failed against dollar. So will CHF. Just a matter of time.
5 impulse wave up is done. Time for ABC correction. Correction could end at fibonacci 50-61.8 ratio.
Oil is bearish and most likely will test $60-$65 range.
XauUsd correction should end by the end of April. XAU to $1750-60. Overall I am bullish on Gold and I think we will see a new all time high this year. My 2023 target is at least $2300. That's 31% increase from $1760. Don't miss this chance.
Broke the trend line, signaling that bearish trend is over. SPX will retest rising trendline this month, I guess.
XagUsd is struggling to breakout. Look like it is making a U-turn. In that case I expect it to drop to 22. Overall I am bullish on Silver this year and long term. One day XAG will breakout $50 level up to $90-$100.
Clear reverse head and shoulder opportunity for NVDA. Neckline is broken. Expect 38%-40% rise. Good Luck.
Expect more weakness for USDX. DXY is going to retest the trend lines.
Oil should find support here. $74-$75. Least likely it breaks this level.
ABC correction ended @ fibonacci 50% and 1.236 fib extension. And we see an impulse from that level. Marathon is a digital asset technology that supports and secures Bitcoin ecosystem. Expect at least 10X return in the next bull run.
I think BTC either bottomed @ $15473 or will bottom @ green box. Tell me what you think. BtcUsd.
ETH, too, will renew its June low. The end of bear market is close.
XauUsd has to break this trend line to give us a bullish sign. A correction is needed before break out.
Wave 5 is almost done. Soon Bitcoin will start rising.
Break of this blue resistance is a bullish sign for gold. And also a sign that dxy topped.
There is a probability silver might test the green box. Thats below 17. There I can be sure XagUsd has bottomed. Overall I’m bullish silver. It will be $90-$100 in 2020s.
Gold/Silver ratio predicts silver should outperform gold. Bearish engulfing candle last month at fibonacci 50%.
I don’t think BTC’s June low can be broken. If so it will be very fake and short. Its a least likely scenario imo. Trend line will break out. October is coming and historically it’s a good month for bitcoin.