GBP AUD -
enjoy the fall, just completed a wxy corrective structure , waiting for the next big impulse. possible fall dates : feb 2nd,
if fails we will try 9th feb.
always use proper sl and money management,
good luck ! : D happy pips
we have witnessed a very strong bullish run this week in gbp however how long can it really last ? the big bear trend is still intact and we are expecting our last move up after a Retracement. but lets keep an eye on this one. prediction for the end of the last move is Aproximately a week so around 16th september.
After having a huge drop in the pair, it has bounced off a key monthly support and is aiming to finish the pattern in the next few months by breaking the top. and then we will see the next big fall from the top.
lets see how far it goes. tp1 : 1.77 tp2 : 1.83
Gold has broken out of the downward trend and has clearly flown up with a strong bullish weekly candle . this trend should continue,
currently its making a flag and according to wave analyisis it should break out within next week and expect to hit 1258 and above in the coming weeks.
GBPAUD has climbed up and up since 2016. wave analysis has shown its at critical resistance and has already broken the trend and is aiming to fall .
it should go up along the narrow channel and prepare to fall at any moment. set a sl at the highest point 1.873
AUDCad has made a support and has broken the trendline. it should go back to retest the support and make it strong before lift off. keep a sharp eye for buying set ups. however If it breaks support then this buy would be invalid.
LTC has been in a bearish position for a very long time now and has reached a very critical point where it can potentially fly. As wave analysis shows it is at a key resistance point and will break out very soon, profits should be taken at 65$ or 69$ however all depends on bitcoins price and this could all be crashing down to as low as 51$ , once the high of 69$...