Waveforce

Waveforce

Bis is moving the final leg of 5th wave of C for testing the price level at 8000, after that will be moving down to the low zone again.

Waveforce

After SET hits resistance at 38.2 then meaking correction but still in the uptrend channel . We expect SET will be moving down to the support level then bounce back again.

Waveforce

Momentum still in good shape and going to the line we draw for testing that level.

Waveforce

Momentum drives oil price higher and higher even small correction along the way, but we exprect the price still in the long position.

Waveforce

Gold has a price move to the last subwave 5 of C reach to 1700 once again, after that we expect the price will be moving downward so fast.

Waveforce

Oil might be closed to the bottom and woul do reversal at any time.

Waveforce

Gold is falling with high velocity, we expect it will be falling to the support level at 1557 and might bounce back then fall down again.

Waveforce

SET is falling down to the level as we expect 1220 and then bouncing back. We do not recommend to buy back at this point if you wanna be long term investing, but should do trading or swing trade instead.

Waveforce

Next week we expect the price still moving downward futher more or might be open another gap down. Trading in the price zone and follow the direction when the price breaks the support or resistance.

Waveforce

Gold is about to breakout the channel and might move to test previous high but gotta to be very careful, becauce of loosing momentum.

Waveforce

Those three stocks which are mentioned in the previous post of FB , now down to the key support level.

Waveforce

As the price reached to the line of uptrend channel then moving down so fast, we expect wave 5 of C has come to an end and moving downward. If the price still moving down and break through the bottom line of channel those might be the signal to follow sell.

Waveforce

We now in the downtrend and when the price move up just only the technical rebound. Prepare for the bear market from now on.

Waveforce

Sometime Elliott wave principle couldn't explain the characteristic of wave which occurs on the price chart, because price movement behaves like impulse wave but not as the wave principle applied rules. This is why Glenn Neely has the explanation in this behavior in his NeoWave Theory. Neither Small X wave nor Large X wave those never been told in The elliott...

Waveforce

Due to the panic sell of investors and we couldn't find the peak of Covid-19 yet, then we expect Set might hit the key resistance at 1358 for technical rebound and then going down to test the next fibo level 161.8 at 1252

Waveforce

S50H2020 now reach to the key resistance at 961

Waveforce

As we keep following long position from 1557 to 1650, we expecting price continuation still moving upward and may be just making a small correction. The next target price could reach to 1740 as the length of Flag pole.

Waveforce Updated 

Gold is in the progress of final subwave of Wave C. It's in the price pattern formation in bullish pennant flag. We expect the target price would runs to $1650 to finish C Wave.