Lower lows and rising lows continue.I continue to distribute in phase C. There is no change in my thinking and analysis.The data from the USA signals that the interest rate cut will last longer than expected. Therefore, I will continue to stay short.
Gold is currently distributing in Phase C. At 1980 usd we will see if we will make a bear trap or if the bears really dominate the market. For the time being, the outlook is that the distribution continues / If 1980 usd is broken, 1930 and 1910 levels will come to the fore, respectively. Considering the Chinese holiday in February, I think the USA will make good...
Trade will be planned according to Wayckoof and EW count. The 2090 level will be interpreted as a continuation of the gathering with its breakdown. A UTAD that will occur in Phase C will lead to thoughts as a distribution level.
The composite man with the bull trap in Phase C wants to sell to those who are over-sold.We'll wait for the Faze D fracture and I'll start selling as soon as the LPSYs are formed.
A cycle ending at 2010 usd was completed and this was interpreted as the first wave. Currently, the second wave around 1950 usd seems to be completed with zig-zag correction. 1950 usd will be interpreted in this way as long as it continues to be protected.
It is an analysis made considering that it is still in the correction wave. ENTRY 1836 SL 1840 TP 1804
Wave 4 could be in progress as triangle we will be following
Short term short position.ii of (v) is in progress is the idea.
The decline may be completed with a triangle formation.There has been a pullback up to the FIB 76.4 level, I want to take risks from here.it is wise to consider short-term decline. RR satisfactory
Stron divergence at the level of 100 % FIB EXTNS. and between 50% and 1%.I am waiting short term bounce from this level.I am long
H&S patter ctitical support if (b) has been completed at this level we could see ore up side movement at the pair.ı am still long I am going to add more after breking of the neck
I think it can be completed in a triangle shape. But it is too early to decide.
wave (c) of larger degree (ii) may be already started. first dynamic level is my target with very tiny stop level
I think the (c) s of the 2nd wave is currently in formation. In the larger view, the (A) wave may have been completed.(B) may be completing now.
If ALT2 is realized, we can expect a breakout. The level of 0.41 is an important level to follow.
wave 4 is in progress we are going to follow flat correction
If I see a price acton in the 4th wave I will be long for B but my thought is that price has not completed its formation for the (2)nd wave at the momentI plan to go long for (3) after (2)nd wave is complete
The Dax trade plan is as shown. We will wait and see what dormancy will occur. If it is B 5 waves up (B), it may be possible to complete it in a zig zag pattern. Again, the (2)nd wave can be completed in a zig zag pattern.