GOLD possible now at wave C (yellow) of running flat pattern . Where wave C (yellow) is shorter than wave B (yellow) . Meant Theoretically.... Price Should be "capped" below 1834 for the validation of the wave structure.. Although we've "seen" a "Long Tail" "Pin Bar" on weekly chart. But Current Price Movement "Ranging " between 1834 -1680 still look "Corrective"....
Gold Short at around 1815, Stop Lost at 1834... GOLD possible is forming an expanding ending diagonal in wave (C)(Cyan/Light Blue). Where the terminal of wave (C) could reach at around 1580. A Confluence Zone of 1) Weekly 233 EMA line 2) Lower Parallel Line of Channel 3) Lower Support Line of Expanding Ending Diagonal Pattern 4)Weekly Trend line Support 5) Next...
GOLD possible forming a wedge pattern. Short Gold At around 1820, Stop Lost at 1834, Target Profit at around 1650
AEMULUS stock with Not Bad Fundamental seem like forming a top "due to" :---- 1) wave structure and 2)chart pattern 2) Divergence in trend ...
GOLD Price might be reaching at around 1600-1580 if weekly support at 1670 broken. As price could form a double zig zag pattern WXY (Red Circled). 1600-1580 (zone area) are confluence of 1) Weekly 233 EMA Line 2)Weekly Trend Line 3)Fibonnaci 50% up trend pullback Retracement since 2015 low 4) Lowe Trend Line of the downward parallel channel.
SILVER instead of triangle pattern. Silver could be forming a Flat Pattern in wave 4 (yellow). Where SILVER could find strong support and complete its monthly correction at around 22.00. Which is major demand zone
GOLD wave (D) (Cyan/light Blue) of triangle pattern might be formed earlier after having meeting with Jackson and the for the whole ranging triangle to be done soon.
EURUSD price have broken the previous low of zigzag wave pattern at 1.17500. Probably will form double zig-zag instead of simple zig-zag pattern. And EURUSD current price could be in wave E ( Yellow) of triangle. Where wave E (Yellow) may find support at around 1.1600
Bitcoin seem like forming an expanding flat pattern. abc (Green Circled)..Instead of triangle. Where price could resuming its down trend at around 50,000 which is the next supply zone.
GOLD price seem like 1 more leg up for the pull back toward around 1770 before resuming its down trend where Target Profit could slightly below 1670 just to "trigger" the STOP LOST at wave (C) (Cyan/Light Blue) of the triangle OR "The Stop HUNT" could Happen AT wave (E) of the triangle..
Gold Price have broken major support and weekly uptrend line at 1750. Price Seem re-bouncing FAST! near Major Support at around 1670. Any form of of Triangle might be still forming as price still ranging between 1670 and 1970.. There might be still 1 more leg down to complete wave (c)( Cyan/light blue) of the triangle..Short Gold at around 1760-1750 , Stop...
EURUSD price have broken the wedge pattern with completed ending diagonal pattern. Stop Lost either @ 1.1750 ( less than 10 pips from current 1.17587 level with potential profit of 440 pips . Meant 1.17587 - 1.1750 = 8.7 pips risk . 440 / 8.7 = 50.57/ 1 "Huge!" risk/reward ratio ) or @ 1.1700
GOLD price decline much deeper than usual. And Price reach Quasimodo Level as previous ideas +PLUS at weekly uptrend line ( Cyan/Light Blue Colour). Gold price seem like forming a wxy complex flat pattern ( Green Circled ) instead of previous flat pattern ideas..Where sub wave of wave y (green circled ) still have 1 more leg down toward around 1755 and could form...
TESLA possible forming a bearish triangle instead of Bullish Triangle on Previous Ideas...
GOLD Price possible forming a flat pattern now in wave 2 (yellow) ..Where price could reach at around 1785 a confluence zone of 1) Weekly Trend line Support (Cyan/Light Blue Dotted Line ) 2) Lower Trend Line Support of the Flat Pattern .. About the time of coming this Friday N.F.P...
YLI current price seem at 1) Long Term Down Trend Line 2) Supply Zone 3) End of Expanding Flat Pattern (wave ABC Yellow)...
Trade What We've Seen!, NOT What We've Expected! Trade Based On "Probability" NOT on "Predication".. GOLD Price seems like still in consolidation between 1790 and 1830.. AND possible forming a triangle before breakout ..
PELIKAN. (stationery manufacture ) Possible another "Buying Climax" stock where price at upper trend line of incomplete wedge pattern w/ High Volume...