arashmjb

arashmjb Updated 

After the sharp drop of gold against the dollar and the growth of the dollar against other currencies and metals, it seems that the time has come to correct part of this fall. In the future, according to the type of corrective movement, it will be determined how much the correction will be, but one thing that is clear is that the ranges from 1855 to 1862 and 1885...

arashmjb

According to the news released from the American economy before the weekend, it seems that gold could have started a medium-term upward trend, which, of course, is now in correction after meeting the resistance of $1930, and it seems that due to Fibonacci levels, if supported in the valid range of 1915-1918, have the ability to grow up to 1935-1940 dollars and...

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After the head and shoulder pattern that formed before and the decline that occurred, it can be seen that the price of gold is moving in a descending channel with a gentle slope. It seems that the price is approaching the ceiling of the drawn channel and between the range of $1960 to $1970 we can expect the formation of reversal patterns.

arashmjb Updated 

Closing the price below the resistance line will automatically provoke shorts, which are very likely to be directed to the support level of 1800. In general, price movement above 1830.80 is not expected yet. we are monitoring XAUUSD for a selling opportunity around 1828-1830 zone, once we will receive any bearish confirmation the trade will be executed. as u can...

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BITCOIN will Repeat the cycle, Fasten your seat belt please hit like and leave a comment

arashmjb Updated 

After the big profit from last week's gold forecast, we think it will return to the uptrend again this week, at least until 1820 to 1828, as it approaches the long-term uptrend line. It should be noted that the triangle in which the gold fluctuates is shrinking and must eventually pass through the bottom or top.

arashmjb Updated 

If you follow the last analysis on gold it went from bottom of the triangle to the top of this and hit the target. but now I am looking for sell opportunity through supply zone near the trendline and near the fibo 78.6 or 88.6 Please don't forget to like and comment

arashmjb Updated 

ES1 is moving in a strong daily channel and it's near the top of that, as wave trader we think it's on the 4 wave that is corrective and may go lower to 0.50 0r 0.618 of the impulse wave. so we think must wait to complete the 4th wave and then enter the long position near the bottom of the channel and near 0.5 to 0.618 fibo support zone

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DISCLAIMER: ((trade based on your own decision )) <>

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Bitcoin Bullish Idea, as we said in the previous analyze of bitcoin it was obvious that we had a fall in bitcoin trend and now we think its time to go up again as the fifth wave please like and subscribe

arashmjb Updated 

The movement since earlier this year has had very little resistance on the upside, we need to see additional testing to confirm these levels, prior to going higher. we think it must go to lower zone near the bottom of channel to gain power to explosive uptrend.

arashmjb

In our opinion, gold has reached a good support zone that can climb from this area to the yellow area of ​​resistance. According to the gold chart in the weekly time frame, there will be a big rise in the form of wave 5, but now it is moving in wave 4 as a flag pattern. please LIKE and COMMENT

arashmjb

Due to reaching the bottom of the canal, which has strong support and the formation of a pin bar at support zone it seems suitable for climbing at different time frames, it seems to be ready for a big uptrend.

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It seems that we have reached the end of wave 4, of course with a slight overlap with wave 1, and we expect to climb to start wave 3 of 5.

arashmjb

as we analyze in daily chart of GU that an uptrend will start soon, we can choose our entry zone in lower time frame like 4h.

arashmjb

As shown in the figure, after correctly identifying the current up trend based on Elliott waves in the previous analysis, It seems that we are in wave 4 of the larger ascending wave 3, and as soon as the corrective wave 4 is completed, the UP trend will begin to complete wave 5 of wave 3.

arashmjb Updated 

After a quick downtrend, as we expected, it is now in the support zone due to the previous pivot in the area of ​​1.34200 and near the bottom of the channel so we expected an uptrend to the midline of the pitchfork and top line of the channel. GOOD LUCK and dont forget to like and comment if agree or disagree

arashmjb

According to Elliott wave analysis, we believe that we are in microwave 4 of the larger wave 5. so to complete this cycle there is a need for another up to complete the 5 microwave of the larger 5 wave . GOOD LUCK and dont forget to like and comment if agree or disagree