This is what the result of my analysis about CADJPY Price is truly down now!!
When looking CADJPY on 30 minutes timeframe, I consider ABCDE is finished
Triangle is almost done. Sell zone between 61.8 - 85.4%
I really suspicious about the movement GBPUSD ! I have opinion that seems market maker let buyer retail to open long position then smash down them !
*Guys, this buy scenario will be fail if price choose to go down and breakout invalidation level. * Only buy if price turn up and breakout buy confirmation line
My third scenario about SPX index . Price maybe up only until 200-261.8% extension
GBPUSD , look will going down to making motive wave i of 5
My second scenario.. Wave IV Grand Supercycle was finished long times ago ( see left side of chart ). And now price in bullish movement wave V Grand Supercycle.
MACD show to us that seller seems more dominating than buyers. But anything can possible in market. However please be careful in this week about USDCAD
I try to make analysis of EURGBP and I just fount like that. However, please open buy if price already upper than buy confirmation line.
S&P 500 Index is really nice setup SHORT for next week April 27 - May 1,2020 I see price will deep down to make Supercycle C of Grandsupercycle 4
Basically CADJPY is still in bearish trend and I see the price in Cycle Wave V. Last week, price was finished primary wave 4 of wave V cycle. And now , I assume price is doing correction now to finishing ABC Intermediate Wave 2 of Primary Wave 5 of Cycle Wave V. I suggest sell in grey area because main trend is bearish. Thank you ** If you like my analysis,...
Last time I posted my analysis about Gold is on April 21,2020 ( you can search in my ideas collection ) And here we go! Price exactly get bounce and now still keep up to reach finish area of wave 5 of wave V ( my prediction that will be 1769 or greater ) ( my previous posted, I told gold would going down one more time. Please see closely the direction of purple...
GBPAUD is tricky pair for me. You can see the candlesticks are many choppy. So then , I do analysis this pair enough until weekly timeframe. Because if I go on lower timeframe, many tails candlestick will make me get headache! I see price will keep going down on weekly timeframe! Simple as that
My apologize because I did few mistakes . In wave X supposed to be that subwave C is 12345 ( not ABC in my analyze that I posted couple minutes ago ) I consider that X as FLAT ABC CORRECTION and already done many days ago. However , this scenario can be fail if price go up above invalidation level .
In bullish scenario,wave IV was finished many days ago. So then, price is turning up in wave V bullish movement. However, PLEASE ONLY BUY IF PRICE IS ABOVE OF BUY CONFIRMATION LEVEL. This scenario will become invalid if price breakdown invalidation level. Thank you