In previous charts, we said that gold would fall. Because bullish wave is occurring five wave. We will see triangle correction pattern. This triangle is drop in A. Right now, gold may be making the B rise. So, Target can be 618 or 382 resistance of fibo.
In the previous analysis, we said in the graph that there is a quasimodo formation, triangle formation and a sales zone with igneli. Along with these, there is gartley pattern formation and ABCD formation on the chart. With all of them, there was 5 evidence that the price would fall. The price has not received any reaction yet, but there may be a sharp downturn...
Graphical Analysis 1)Here we see that a triangle correction pattern is formed. 2)As the same time,quasimodo formation has been occurring with triangle pattern. 3)This zone is selling zone because it has been pinned by many candlesticks. That so price take response from this zone. *I have no idea which direction the triangle will break. *Despite these, the...
1)We are see completed elliot.(five wawe) 2)At the same time ,Head and Shoulder formation and (3)Bat or Crab pattern occurred in graphic. 4)I think price will close two gap.
GENERAL More graphic are giving strong signal.(USD/CHF,CHF/JPY) Chf is gaining value fastly. Maybe corretion of down trend started. GRAPHIC If weekly candle stick form is closed pinbar or green bar, I am hoping up trend will start. Firstly corretion of five wave elliot target is 0.618 fibonacci. Gap is appearing 0,618 between 0,5 fibonacci so price can close this gap.
Maybe long time target is 118.150 But now we are see completed a elliot wawe. This wawe reached to 0.618 fibonacci ratio of down trend A. I think first target is 0.886 fibonacci of elliot wawe or more than. But main trend (monthly) is long.
We will see AB=CD formation. Firsly target is 0.618 fibo resistance
Price come to resistance (weekly blue downtrend line) This zone is sell zone because price is bounces many times.(I showed that with blue rectangular.) Yellow up trend line is broken to the down in this resistance zone . If the price come to buy zone ,this is very strong zone; price will make inverse head and shoulders . This can be quasimodo because price is...
Economic Assessment America decided to impose sanctions. It was founded two new political parties in Turkey. The fact that these two new parties are pushing the government and voicing the possibility of early elections will put down the stock market. But not everything is bad,the bottom turn signals came from economic indicators. I think we left the worst...
Falling trend line is broken with the price. I shared this scenario ,that is price will be 1515 For after, I drew a bat formation .You can check this formation. Price can retreat 618 fibo resistance.This is first target Other proof is doji or pin bar candle. Maybe price is pullback to broken line. Finaly, can be taken a long position on broken trend line . You...
We can see trend line and that is be broken. trend line broke with two hill. Be carefuly, because price can be pull back to the broken trend line maybe we will se head and shoulders formation.I think target is 382 fib. IF YOU FIND THIS WORK BENEFICIAL, PLS DONT FORGET TO LIKE.
GOLD TARGET 1510-1515 HANDLE-CUP AND TRIANGLE FORMATION
ELLIOT ABCD CRAB PLS CHECK ALL FORMATION I THINK FIRST TARGET 0,50 FIBO PLS LIKE AND SUPPORT MY WORK AND You can follow from twitter and tradingview.
A decline on the hill, 3 buying-selling is intense, we see 3 candle region. At fiat b rise, at the top of the channel, at the level of 618 fibonacci, it also corresponds to 3/1 of the gann fan. Here, a c drop wave can be expected. PLS LIKE AND SUPPORT MY WORK AND You can follow from twitter and tradingview.
GRAPHIC DESCIRITION DXY has quasimodo formation. BTC makes triangular correction. We clearly see the compatibility of BTC with DXY. The US manufacturing index is coming off bad recently. Apart from that, everything is very good and in long-term growth. Dow20 and S&P are at the top.We think you will make a correction. PLS LIKE AND You can follow from twitter...
This resistance very dangerous.Candles closing are very important. The first candle is long pin, the next candle is a pin bar and under the resistance. I think this situation ,re-test to resistance.