DXY, EUR/USD, USD/JPY, GBP/USD, AUD/USD, USD/CAD
SPDR S&P 500, ADVANCED MICRO DEVICES, INC. - COMMON STOCK, 12 RETECH CORPORATION, GENERAL ELECTRIC COMPANY COMMON STOCK, INVESCO QQQ TRUST, SERIES 1, ISHARES MSCI EMERGING INDEX FUND
S&P 500, Nasdaq Composite, Dow 30, Nikkei 225, DAX Index, FTSE 100
Gold, Silver, Crude Oil, Natural Gas, Corn, Bitcoin
BTC/USD, ETH/USD, BCH/USD, XRP/USD, LTC/USD, ETC/USD
US 10Y, Euro Bund, Germany 10Y, Japan 10Y Yield, UK 10Y, India 10Y
Gold, Brent Oil, Crude Oil, CFDs on Natural Gas, Palladium, Silver
4th to 5th wave
impulse wave 3
Order at 8.62
Eliot Wave impulse 5
Extension this week
Fibs 38.2 to 50% for retracement
Eliott wave theory start of the second wave
Since first wave was very large, the 3rd wave that will probably end in January will be even larger.
Past price gives support at 793.29 that might become reistance. Support/Resistance (red)
The Fibonacci ratio % shows us a possible support at 777.05 there can be a loss of momentum and a bounce back between 38.29% and 50% ratio, passed this ratio the bears have enough momentum to drive price down to support 680.00 (blue), however unlikely.
The target price can ...
We can have possible restest of a 50% fibs retracement which can either bounce back at that 50% retracement or either catch momentum and breaktrough to a new high.
GBP is continue to go strong we can predict a continuation of the fall if USDGBP pair.
Back to at least a 78.6
we have reached at 78.6 retracemment we can expect a continuation of this momentum to 127 for a bounce back up
There is two possible position the price might bounce back at 23.6 or bounce back at 50
once the the 61.8 is passed the trend has lost momentum and might follow and up trend.
at the 1.27
They has been a test at 78.6 % we are hoping for a retest and a breaktrough to 127.
Short position to hit the 127.20, might continue down to the 161.80 to bounce back up.