NCB

NCB

DXY keeps heading higher creating new formations but i think we are at the end of the new highs possible heading for 96 zone but then will enter the main downtrend wave 1-2 and if this happens then my trade plan is scrapp as wave 3-4 cant go into the territory of 1-2 my target for DXY is down to 88 or even 87

NCB

TF Daily indicate H&S with measured target down to 142 in addition Bullish Wave 1-5 Complete at 156 and now started the ABC correction

NCB

Trade back test wave 1-5 complete Reversal in progress ABC seems complete now waiting to see besrish move and confirmation should retrace back into blue zone forming the new beaish wave 1-2 and at this poijt double up on selling lots

NCB

Looking for reversal signs to complete ABC reversal Stochastic and RSI Bullish Divergence and MACD showing signes of strength

NCB

This 1 is a bit tricky Seems in bearish mode yet can retrace at this point to form ABC reversal before continuing further on the bearish path . Would appreciate fellow traders comments

NCB

GBPUSD Completed Main Up Trend wave 3-4 in a ABC reversal and should now commence the final Bullish wave 5 leg up Confirmation of secondary wave 1-2 should finnish in blue zone RSI and Stochastic indicate Bullish Divergence and MACD indicate strength growing

NCB

Gold Completed reversal ABC formed Support and needs confirmation break above into buy zone as wave 5 uptrend will commence with secondary wave 1-2, RSI and Stochastic show Bulish divergence and MACD indicate strength

NCB

DXY showing signs of Bearish - Bearish Wave 1234 Complete in ABC Correction now at resistance line Stochastic and RSI indicate Bearish Divergence whereas MACD showing signs of running out of strength, confirmation required where Wave 5 will now commence by completing secondary wave 12 below 92 level expecting DXY going down to 88 or even 87

NCB

DXY showing signs of Bearish - Wave 1234 Complete in ABC Correction at resistance line Stochastic and RSI indicate Bearish Divergence whereas MACD showing signs of running out of strength

NCB

Daily Chart clearly indicate bearish divergence, however we know divergence can be in play for long time before one actually see reversal ( further analyses indicate wave 1-5 complete and also AB of ABC now looking for reversal signs to confirm that what i see is actually right

NCB

UJ reached target and formed double top and also Fib 2 and by the laws of my strategy we should start seeing reversal patterns emerging from here on

NCB

GU again i see wave C not complete and taking into account DXY analysis bearish so to confirm my strategy trade needs to break upside and form wave 1-2 inside the parallel lines, but incase I'm not lookin objectively trading what is obvious lower highs and breaking down below 1.36 then trade will start new downtrend and aim for 1.312 ( naturally I'm hoping for upside )

NCB

XAUUSD broke lower to complete the ABC and reversed up in addition DXY in key resistance and hasnt completed the main bearish trend i see Gold bouncing higher confirming the minor wave 1-2 to form inside the three horizontal trends

NCB

I see rising wedge completed with 135 and by thge rule expect the bottom trend line to be broken and retested confirming wave 2 in progress then will expect further downside to black horizontal support

NCB

In my analyses and back testing i find wave 5 bullish trend complete and now in ABC correction of which WAVE A&B COMPLETE A AND ON FRIDAY STARTED THGE DECEND TO WAVE C

NCB

with the confirmation of wave 3-4 by rules we are now in wave 5

NCB

Taking into account DXY bearish behavior i see AU going higher

NCB

Break below 92.4 and retest this level then the certainty of bearish intact and wave 3 commenced , wave 2 below 92,7 will then be confirmed