jaber.khodadi

jaber.khodadi

This 1h structure looks like an ending diagonal. if it reverses from there, there could be good drop in DXY

jaber.khodadi Updated 

Overall trend of gold is bullish for me. I see all these down moves as correction. I think it corrects more and may provide a good scalp short and then a better long.

jaber.khodadi Updated 

right at this point, a tiny correction can confirm one good move up.

jaber.khodadi

I think dollar is correcting upside for a bigger move downside.

jaber.khodadi

this might happen to brent and go touch one lower low before making it's bigger move up.

jaber.khodadi

if red line is broken with good supply power, sell to lower line.

jaber.khodadi

CADJPY Will go bullish soon or late. but is it time now ? can't be sure, but it's a good place for a reversal. let's look price action closer to confirm.

jaber.khodadi

it's in a critical price zone. might go more low but overally it's a just 3 wave correction by now. I'm looking for reversal .

jaber.khodadi

if red short term trendline breaks downside, we'll see a bigger correction probably to lower channel line.

jaber.khodadi

I think it goes on wave up and then more down and maybe find reversal there. complete uptrend confirmation happens when upper channel line breaks with good vigor

jaber.khodadi

lost in momentum, good point for a deep reversal

jaber.khodadi

perfect swing play in the bullish channel. probably would go for a correction at this level and then one more up.

jaber.khodadi

playing in a corrective channel, making it complex. more down, more attractive the price to go long for long term bitcoin holders

jaber.khodadi

now it's time for EURUSD to decide what to do. another bullish move (which probably not a strong one) or breaking the trendline to downside and move to prior low.

jaber.khodadi

I think it needs one more low down to last support zone shown with black line. may go even lower but after that it's ready for more upside.

jaber.khodadi

after a good rally it needs some correction (which is also a pullback to prior trendline) to absorb some energy for more upside. very short-term downside scalp is possible if your are a risky trader. we are looking for a three wave abc correction.

jaber.khodadi Updated 

a simple (red) trendline break triggers a good trade for next Fibonacci level (same level as last short-term high)

jaber.khodadi

once it breaks the red line with good demand power, it's ready to make a move, proabably to the upper channel.