- 3 targets are calculated by Elliot wave rules.
- Now Oil is at Symmetry wave IV, I forecast he will go to Symmetry wave V. - Be careful with RSI & MACD signal must take Stop loss
* The economic war between USA and CHINA make a pullback to exceed deeply Bolliger Band. That enough for expecting a pulldown. * MACD & RSI is down signal. * 3 targets are calculated by Elliot rule.
Daily: 3 days break down. H4: MACD & RSI confirm a down trend. H1: correct to value zone.
- Technical indicators support a bear market. - 3 targets are calculated by Elliot rule. - Good luck.
Daily: MACD up. H4 was corrected at value zone and up with very small Histogram H1 has A Bat Pattern ratio.
- If XAUUSD reaches the Elliot wave 5, the MACD & RSI must not exceed the red box. - I hope he will reject the LVN again.
Last night, the market was not exceeded the LVN and down. - MACD DAILY is down - MACD h4 low - H1 has Real Divergence MACD, FORCE INDEX returns below the 0 for a sell.
= MACD = RSI has uptrend signal. - Note: MACD & RSI must be not broken the red line
- MACD & RSI for Buy signal - He exceeds above the Support (Volume Profile)
- The main key is the Highest MACD during for a month + RSI + Bolliger band - Key 2 is real MACD + RSI divergence Note: RSI must not exceed 30.
Main key: The lowest MACD during for 3 months. Key 2: the Support at Volume profile is maybe broken. Key 3: RSI exceeds 30 for confirming a breakdown. * The Peak of wave (4) still not reaches the trendline, be careful. I predict XAUUSD will repeat History.
- The Main signal is MACD is highest during for3 months. Expecting to retest TOP and a new Top. - The 2nd key is the slope of FORCE INDEX and RSI - The 3rd key is EURGBP breakout the support level (Volume Profile). * 3 targets are calculated by Elliot rule.
- H4: Real Divergence RSI. - DAILY: The slope of MACD is down 1-2-3 and the Marubozu candlestick is exceeded the Daily resistance. Expecting to return the price channel with retesting Bottom and finish wave 5 Elliot. * Note: H4 timeframe, the target 3 (Elliot 5) is still not completed.
- The divergence MACD & RSI for short signal.