Hi traders, last week we saw nice drop on bitcoin, but price later made pullback to form buy impulse. Higher timeframe is showing that price is loosing bearish momentum. Price is already making correction, so im waiting for that C wave to complete since we already have A and B wave in that bullish flag. So wait for price to bounce from 0.618 or 0.786. I dont think...
Hi traders, US30 nicely reject on our supply zone and droped down. It breaked below trendline agressively, and shows that price is gaining on bearish momentum. I expect price now to correct so we might see price retrace back to fib levels. There is still a lot of uncertaintes in America, so we might also get price to push back and retest zone with taping on 0.786....
Hi traders, dolar is making sell correction for this last push to the downside and 88.00 area. Price might correct on lower tf and push bit higher to retest trendline which is around 91.30. USD pairs still have some room to complete that wave, before going for bigger one, so thats why i expect one more high on DXY. Im watching EURUSD and im in sells, so this...
Hi traders, as you see gbpjpy is in big bearish flag pattern, price didnt break high of our impulse so this setup is still valid for me. Price break our trendline agressively so that indicate that price is lossing buy momentum and it might push lower. But in order to confirm that move we need correction so that our price action will be complete. I will wait for...
Hi traders, gbpusd made a pullback up, so i expect it now to make some correction before price will push higher to 1.37000 area to retest our supply zone and complete possible inverted H&S formation there. So short term buy is expected. If there wont be any correction I wont be taking any buys, and will focus on that sell from 1.37000 area. Take a look at 4h...
Hi traders, im showing you that big runing flat appering on US30 for a long time now. On 1h time frame we are having bullish flag pattern which can be done and will push price higher and complete that 4h wave in that big runing flat. But DOW is already lossing bullish momentum so there is still possibility for price just to drop and correct to confirm that move....
Hi traders, gold is making bearish price action and we are having setup which is forming possible running flat there, i will be interesting to watch 1852 area if price will reverse from there and drop, if not we will most likely see price pushing bit higher to fib 0.618 or mybe even 0.786. I will update below if pattern change again. I posted below 1h price action...
Hi traders, price is confirming that possible move to the downside once again with 1h price action in the making and possible bearish running flat there, but if price will break previus high in that correction we will probably see expended flat and retest of upper trendline (i will show below price action and explain). Price is lossing bullish momentum, so retrace...
Hi traders, as you saw i posted that i expect gbp to drop, but there is still some room for price to push higher before reversal. We are having supply zone on GBPUSD, and price might just drop from that spot, or it can go and retest that zone once again which will give us nice spot to enter trade. Anyway i expect nice wave to the downside there, i see price go and...
Hi traders, gbpaud is forming possible 4h running flat formation. I expect one more wave to the upside before price reversal and drop. I dont expect price to break previus high at 1.79300, i want to see tap at fib 0.786 so thats where i will close my buys and watch for sells. On 1h time frame i see possible price action (bullish flag) but i want to see one more...
Hi traders, gold is making correction for possible continuation to the downside, i expect one more push to the upside to complete that bearish flag. I will be looking for possible entries at fib 0.618 around 1875 area, if price wont stop there it might push higher to 1890 fib 0.786. I want to see 4h zero cross over on macd so i hope that with this incoming C wave...
Hi traders, yesterday i posted that i expect drop on gbpusd, and price now made bearish flag. Wait for strong breakdown before selling! If price wont stop and will continue pushing to the upside, then this flag will become invalid and we will probably see retest of that suply zone. Be patient and good luck
Hi traders, we were talking about possibility for BTC to push lower and make some correction in order to gain some strenght for continuation. Right now we are having 4h bearish flag which can push price lower (will post analysis below). I see retrace to trendline and fib 0.618 ( i will only consider that possible drop coming as C wave for buy) Becouse as you see...
Hi traders, as you see GBP index is about to complete that running flat, so nice wave to the downside is expected there. It will probably correct on lower tf for that last push to the upside, i see price retesting that trendline and fib 0.618. Dont rush, wait for price to complete that pattern and confirm that drop first! After that i will be looking for price...
Hi traders, i expect some short term buy on dxy and that should push EU lower. As you see price broke out of ascending channel and is now struggling and lossing buy momentum. So its very likely to see retest of trendline like i shown, i think that price will move in corrective waves to the downside and retest 1.20000, so short term sell is expected there. Watch...
Hi traders, we were talking about gold making correction and its happening. We already have 2 wave structure in that bearish flag, or A and B wave in that correction so we are expecting to see one more push to the upside. I would like to see price pushing higher to fib 0.618 or 0.786 which will confirm that price will move sharply after that and give us better...
Hi traders, i was expecting price to push lower but that didnt happend and price reversed back. Im still with my analysis from few days ago when i said that there is high possibility that price will go and retest upper trendline on that running flat pattern. Price can still just drop at any moment, thats why im having trendline there to notify me if price will...
Hi traders, GBPJPY is still moving inside big bearish flag marked with blue trendlines , but inside that flat we are having some bullish runing flag on 1h, which i believe can push price higher ( i will post 1h analysis below) , At 142. 40 we have target lvl on fib -0.27 where price can reverse to the downside, other way if price wont stop there and will push...