The next Financial Crisis is coming Apple dropped to 143 in 3 weeks and came to 200MA 200MA holds price and shows the lows in 2013 and 2016 Watch to buy in short time after confirming price action In coming Q2-3 Apple will drop much more lower from 189-199 levels
Wage pattern breaks down and now completed pullback to 0.618 We can sell GBP here, as price is at previous structure level Target: aim 1/3 as today NFP is positive for USD Stop: above breaking candle 1.27227
Interesting point on DXY Price bounces up making a higher highs and higher lows Using these structure, we find nice buying opportunity AB=CD pattern completes right at 96.26, which is 0.618 level We can buy DXY here Target: 96.93 Stop: 96.08
We have two plans Plan A: Sell the retest as price shows downtrend sign TP: previous lows 1.12789 Plan B: Sell the pullback at 0.618 level TP: 1.12789 Watch for price action at these two levels
Price reached 0.618 fibo level + trendline (ascending resistance) Watch for short position on lower timeframes Target: lower ascending trendline (support) Stop: possible at 1.82130
5 movement completed Rejection zone is created at 1.56320 We can short EURCAD here and aim lower ascending trendline Stop is above rejection zone
On Daily chart rejection from rendline Turning to 4H chart we have break down ascending trendline and pullback to 0.618 We can short here AUD and aim a big fall However, RBNZ Gov Orr gives a speach Watch it and choose the direction, potential momentum comes Target1: 76.323 Target2: 72.466 Stop: 78.500 for 0.618 trade, or 79.000 for bigger risk
Bitcoin is at indecision level Watch for price to tell inself its direction If we see rejection candle and price reverses down, then sell BTC If price continues rising and breaks up then buy TP for Plan-A: 4351.2 SL: 3670.1 TP for Plan-B: 3373.2 SL: 4032.0
5 movement completed Based on rejection closing we can sell USOIL Target1: 42.92 Target2: 43.00 Stop: 46.67
Price makes a lower low and moves in a tight rage in smaller timeframe Main movement completed 1-5 Elliot wave Correction legs completed AB=CD pattern Price is at 0.50 fibo level from low of starting point Elliot wave, to end of 5th wave AB=CD pattern completed at 1.414 extension level Therefore, we can buy NZDUSD here TP1: descending trendline TP2: 0.68650 Stop: 0.66589
Trading position is sell If price goes above 2515.6 level, it is time to quit the position However, we can open a short position, as price completed 5 moves Target: previous low/ we can take some profit at 1/2 level and use free-risk Stop: above identified level
Triangle is broken, pullback is completed Watch for short sign to catch next move down Target: 1/1 ; 1.12755 Stop: 1.14163
Potential 5 wave correction is ended at 1272.51 (1.618) level 4H rejection candle gives next shorting position on GOLD Target: 1/2 then use free-risk Stop: 1287.00
Price pulls back to previous level 100MA is above the price and pushes down We can sell now and hold to 1/2 or even 1/6 levels SL is above structure level
EURAUD reached important level 1.62489-1.61895 AB=CD pattern completed right this level RSI shows overbought and although divergence We can short EURAUD here, you may prefer to short with price action Target would be 1/3 RR and free- risk trade SL is above important level at 1.62900
AB=CD completed at previous structure level Inside bar pattern breaks down and triggers entry level We can sell GBPNZD now and aim at least 1/2 RR Stop: 1.89208
We can go long on CADCHF as market opens 5 moves completed at 0.73000 level Stop is below key level at 0.72700 Take profit: previous high at 0.74630