I am so curious about this pair. After I recalculated the waves again, I concluded like the picture above, where USDCAD was in phase IV, and as you can see the C is decreasing in length, which might stop at the bottom parallel
Still do not open any position. I choose being neutral side in this moment
Hi Traders...I'm back
Today let see again about The Loonie !
As you can see , on 4H timeframe,...I do revisi which wave ii supposed to be ABC.
I predicted loonie went done on yesterday and it is being true today. So then, A and B were finished. Now, I assume price gonna up to making wave C.
Hmmm when I see the past structur of this sterling..it risk to open sell early.
I judge this pair in correction move FLAT PATTERN ( ABC / 335 )..and in this time, sterling in wave c movement.
I remain you to keep calm . And just waiting until where the one last move up will be ending
Meet me again with Arya. I wish you in good condition : healthy, peaceful and happy.
So here the prospect entry , NZDUSD !
If you see my analysis above, the Kiwi in wave iv movement, which is correction wave.
Wave iv contain sub wabe A,B, and C
and in this time, sub wave C seems almost finish .
Buy limit zone between fibonacci retracement...
I hope you all in good condition and far away from corona virus.
Okay let's talk about Gold.
...After start analysis from monthly timeframe..so I write down actually this Gold in correction movement overall !
and..if we take a look on daily timeframe, the X wave was finished. It means , this gold willing down .
You can see, this week , Gold went...
I was published USDJPY on yesterday, that price desire to go up as correction.
Because triangle pattern was finished long time ago, I assume USDJPY in impulse movement this time.
So that means what ???? It means, USDJPY keep continue falling down. Before it continue, of course there is correction ( wave ii )
Join as SELLER at wave ii...
If you like to trading the Gold, I suggest you to waiting until price down and reach wave 4.
For me, price still in impulse movement. And it not yet done.
Just buy when correction finish on wave 4 .
Wish you getting huge profit.
USDJPY on daily timeframe , I see price already breakdown the triangle pattern of B , so now it in impulse move.
I will let price go up as pullback to reach wave (ii), so I will selling from that
Wish you enjoy my analysis and give your thumbs.
I get another view about Gold on weekly timeframe, because I just remember , WAVE 2 basically CAN NOT in triangle movement ( previous analysis ). So then, perhaps this time Gold will get down as pullback