Today's CPI news got 3% to push Gold move higher nicely as my expectation. We've entered earily last week, and today we add more positions @1933 level before CPI news release, we catch it successfully Let's wait the correction wave B completely, then catch BIG wave C! If you like me, catch this small correction move, then bravo.
USDCAD was formed an ending diagonal, and we catched it at the bottom successfully, patience is the key I expect to move higher, but be careful at NFP tomorrow. Expect the USD is strong again.
Gold is currently at wave C sub-wave 5, and the price was not broken out 1937 level to start a bullish trend. let's be patience and wait the price drop more down to complete the wave C.
AUDUSD is going to completed the very complex wxyxz correction wave, and to completed the correction wave, it still have around 200 pips distance it may takes whole month to completed the wave 2, then we can catch BIG wave 3
Technically, we are in the impluse wave C, and let's see how it goes to. I expect to go down to the red dot line as my target.
USDJPY is in the Daily imbalance, I expect the price will a little push up, now we can focus on this zone to observe what's happen in the H4 and M15 time frame to find a confirmation entry
Gold is moving on the final wave 5, during lots of correction move at several weeks, I expect to the price will have a final push up to around 1946 level we can wait and see the price kiss to this level then start a bearish trend
USDCAD is moving on final sub-wave 5, I expect to formed a falling wedge, and the final wedge point will be sweep, then hit the Daily bullish OB We can catch the BIG move soon!
Currently, gold seems to reject at the 0.618 of fibs, the wave 5, sub-wave 3 may break the supply zone, then continuous to go down This is what I expected movement.
Well, BTC now at the wave 3 of sub-wave2, expect to retrace to the bearish Order Block, that is OTE as well, but it may take some month to reach and completed the movement. How do you think? 2023 is not so much will happen with crypto. 24/25 is when the face melting bull market will happen, same with all other crypto cycles. I CAN'T WAIT, TONS of money will...
Gold has a technically pullback move higher to completed the sub-wave 4 Where sub-wave 4 goes to? I expect to move higher to the BPR zone where is 2001 level, there is also a supply zone as well If price is rejected at this zone, then it means toward to wave 3 around 1932 level.
We've entered at the gold line price level, basically NASDAQ just sweeps SSL, then have a nice rejection at the Fib 618 then let's have more patience to wait the price purge BSL as the 1st target.
If breaks the red line, start to toward to sub-wave 3
Looking for one more move up to the FVG zone, and expect reject here to have a false breakout the downtrend channel, then go down
Expecting the gold fly to the 1985 ob level, and look for more pullback to the ob zone, then consider the short trade. If you guys still hold the sell trade, can consider hold for it.
Wave 2 retracement will be confirmed once we break the bullish trendline. You can trade the wave 2 correction but remember to take quick profits and breakeven as soon as you're able to. The bigger and better trade setup is the move down which is going to be massive. We just need to mark up wave 2 correctly when it happens
This correction may take all week. IF you want to look for intraday trades, you can look for a bullish setup once the trendline breaks. Remember to take quick profits as it may be a messy correction. For those who want to just focus on the swing, just let this correction develop and we can draw an entry trendline on wave C and catch the next swing
From the yesterday chart posted, it may has a chance enter at 2024 level, and expected when the price hit 2037 level, it may has a little pullback But we keep hold from 5th May positions, and entry model is purge Liquidity -> FVG -> OB after MSS Elliott wave helps us to understand how the trend is continuous or ended Now today has CPI news at NY session,...