Channelized, overlapping waves go nowhere. Be prepared for another massive sell off in this pair. Good luck, Ali Sharif Azadeh, CFTe
After breaking out of the downward channel, gold is retracing in a seemingly corrective channel which will most probably break to the upside, in which case I will expect a surge towards the 1114 swing high. Good luck, Ali Sharif Azadeh, CFTe
This is completely in line with my recent analysis on this pair. I think a corrective AB=CD pattern is forming on top of the channel. Good luck, Ali Sharifazadeh, CFTe
There are plenty of reasons to go short here: 1- Downtrend line 2- Change of polarity zone 3- Negative Divergence in H4 4- Long upper shadow Good luck, Ali Sharif Azadeh, CFTe
This bearish AB=CD pattern in the top area of the channel warns that a medium term top is in place. If bears manage to push down the price below the 1.09 level, Good luck, Ali Sharif Azadeh, CFTe
If bulls manage to break this resistance area, there will be no obstacle to conquer the the recent top at 1114. Good luck, Ali Sharif Azadeh, CFTe
A bullish Crab pattern has formed and the Elliott Wave analysis also confirms that a 5-wave structure is at or near completion. These factors tell me that a short term temporary bottom is approaching. In case of a corrective rally, the overhead resistance at 37.75 will be hard to break. Good luck, Ali Sharif Azadeh, CFTe, MSTA
I think the upward correction from December 3rd is over. All things points out to a ZigZag correction which should be over now. Good luck, Ali Sharif Azadeh, CFTe
We have a Bullish Alt Shark and a seemingly completed 5-wave Elliott structure points to a healthy correction upward. Good luck, Ali Sharif Azadeh, CFTe
Bullish Bat pattern is forming at the lower end of 2 descending channels. Will the bears give it a break? Good luck, Ali Sharif Azadeh, CFTe
I think bears won't be able to take out April lows and Cable will stage an impressive rally sooner or later. Good luck, Ali Sharif Azadeh, CFTe
After a 5-wave rally, this pair is ready to take off to surpass the 1.11 high in a Wave C or 3. See how beautifully the channeling technique has contained the corrective price action. Good luck, Ali Sharif Azadeh, CFTe
After a clear 5-way rally off the lower boundary of the weekly descending chaqnnel @ 2.0341, this pair entered the phase of retracement which seems to be a zigzag ABC model. In the shown area, I think this correction will be over. In that area we have: - PRZ of a Shark pattern - PRZ of a Gartley pattern - Equality of A and C waves Good luck, Ali Sharif Azadeh, CFTe
At the top area of the 2 channel. Looking good for going short. Good luck, Ali Sharif Azadeh, CFTe
It seems that this pair is going through a flat correction. In flat corrections, we have a 3-3-5 structure in which the B wave usually retrace at least about 90% of A wave and often goes beyond the starting point of A wave. If these bullish Inverted AB=CD, Shark and Deep Crab work out, I will expect a massive bullish run for the dreadful C wave which should be in...
In any case, break up of the descending resistance line is the trigger. Good luck, Ali Sharif Azadeh, CFTe
It seems that the 2 Or B wave has ended or is ending soon. In any case, break down of the support line should commence the new bearish era. Good luck, Ali Sharif Azadeh, CFTe
This bullish Alt Shark pattern might offer some support to the black Gold. Today a Bullish Piercing Line Candle Stick pattern has formed which adds confidence Good luck, Ali Sharif Azadeh, CFTe