ugurozvatan

ugurozvatan

I believe we are in the 4th wave of the Elliot just started so I am expecting down to 1 and then the 5th wave up to 1.9

ugurozvatan

this is my weekly analysis of XU030. We might be a part of the 5th blue way. after correction of blue way, brown way (big picture) 5th way may start. This might be the last upward move of this year. Then I expect sharp declines in the market. Anyway, enjoy watching this movie at the moment

ugurozvatan

I am following up on this pattern. 2.2 might be the trigger of a downtrend

ugurozvatan

After the pullback, my target is 1.25.

ugurozvatan

we might be in an uptrend up to 1950. This is the pattern I am following up

ugurozvatan

I think the correction is over so I am expecting a new motive wave

ugurozvatan

DXY down, why are you down too BTC ? Come on, give me a break. Wake up and run !

ugurozvatan

I think Gold is ready to go up. I take around 1950 as a target

ugurozvatan

I think we had enough long recently, we should open short after hitting the upper channel. If I am wrong, the trend continues to 24,5k which is the next target. After the correction is completed, long again as long as we are above 20k horizontal line. Phycological resistance from now on will become a support line

ugurozvatan

Let's go 23k

ugurozvatan Updated 

Price can move back to 1822 and then getting the support of 1822, retest 1865 again. Good Luck

ugurozvatan

I hope we beat psychological resistance 20k if we can make it, the next target 21,4k

ugurozvatan

I think this trend will continue if no European Union sanctions this week. Any sanctions decision in the EU meeting, the trend may change upwards even breaking the channel

ugurozvatan

I think we are going to hit the upper blue band anyhow. When and How it is a big question. It depends on how strong the trend is. I have no target just following the upper blue band. Good Luck

ugurozvatan

I think between Dec10 and Dec11, around these days, whenever we hit the support line in RED (Point E in the chart which may shift) along, open long wait approx. 5% gain. If the support line is broken below and the trend moves out of the channel, just run away or change position short. Good Luck

ugurozvatan

I think after the consolidation is completed, we hit somewhere around 750 in a week and then get back to 560 in a couple of days. if it cannot hold it there, the next support line at 495. Good Luck

ugurozvatan Updated 

After consolidation is completed, we go long. The same story, global economies are recovering and maybe some new vaccination news, sunny and shinny days coming soon assist in the upward trend

ugurozvatan Updated 

I believe we are in this blue channel