Crypto Market Cap, BTC/USD, ETH/USD, USDT/USD, XRP/USD, Bitcoin
Apple, Advanced Micro Devices Inc, Amazon Com Inc, TESLA INC, NETFLIX INC, Facebook Inc
S&P 500, Nasdaq 100, Dow 30, Russell 2000, U.S. Dollar Index, Bitcoin Index
US 10Y, Euro Bund, Germany 10Y, Japan 10Y Yield, UK 10Y, India 10Y
NZDUSD has made a head and shoulder pattern. As we can see it broke down the neckline. It's pulling back from neck line now. So I think the downtrend will be continued and touch its target.
As you can see in the chart third wave has been done and a counter trend is started (wave 4). C point shows where the wave 4 will be finished. I think it still is early to finish wave 4 and we should wait for now. Then at the end of the correction we can set up a long position in AUDUSD.
Based in my previous prediction EURUSD fell down and It received to a support zone. The question is, will it be rejected by support zone or not? On the other hand I've put 3 EMA indicator (200,100 and 50 period) and Price broke the EMA 200. In addition we can see the EMA 50 crossed down EMA 100, so I think downtrend is still continuing.
USDJPY (1H): After five impulsive wave ,it seems the correction wave is going to be done and we can wait for an up trend. So it can be good opportunity to take a long position. As you can see, I draw fibonacci retracement and projection to find high potential zone to reverse. I'll be glad to know your opinion.
As you can see in the chart, based on Elliot theory the ABC pattern is completing. I expect the current down trend reverse at one of the PRZs I draw. After getting sure about the reversal, we can take a long position. I showed target level by a green rectangle in the chart.
EURCHF (4H chart): In the current cycle 5 impulsive wave have been done. We have a corrective downtrend. 3 PRZ is drawn that are high potential zone to reverse (end of the correction). On the other hand I can see a head and shoulder pattern. If it break down the neck line, head and shoulder pattern will be completed and downtrend will continued till PRZ 3 (number...
5th wave has been completed. Now it is likely making a corrective ABC pattern. The end of correction can be a great opportunity for LONG position.
It's completing the ABC correction. At the end end of correction I'll look for BUY position setup.
EURUSD (4H): 5th wave is over and the corrective wave is starting.
NZDUSD: 4th wave has been finished and it started wave 5. If price trend break out the resistance level (B), it can be a good opportunity for LONG position.
It seems 5th wave has been completed. USDJPY is making a counter trend now.
GBPUSD: the resistance has been broke. Third wave is continuing.
My previous analysis about AUDUSD came true (hourly chart). Now I'm waiting for wave 4.
As I predicted before the 3rd wave has been completed. Now I'm waiting for end of corrective the 4th wave.