There is good RRR opportunity on SUIUSDT for taking short trade by shorting (B)-(C) on EWT.
EURO is going to complete its correction in ABC pattern and we will see up trend in the upcoming week!
Good Sunday everyone, Bitcoin is currently sitting on my zone of interest. As you can see price managed to hit the extension target of 1.618 for wave C. This is the deepest possible target a wave C can extend. If we extend further of break the previous low, this count is invalidated. However, I think that we are in a bullish wave 3 extension, which explains why...
Hi Traders, Please see one of our latest ideas on Gold. See below for further details. RL from RT_Trading
Hello Trader, I'm happy to provide you with a new Idea based on XAUUSD (Gold) . Our last Analysis and forecasts had an accuracy of around 90% . We are very proud of our work so far. We also want to say thank you for the amazing feedback we got from your side. I can only repeat myself: Feel free to write us a personal message if you have any questions...
Here is my continuation analysis of Gold (XAUUSD). Same as GBPUSD, Gold (XAUUSD) also got a massive setback moving approximately 600 pips yesterday. In my opinion Gold (XAUUSD) still aiming for the upside. Yesterday's drop for me still only for a retracement before going higher. As I can see Gold (XAUUSD) retesting the daily downtrend channel. And in my waves...
Here is my continuation analysis of GOLD (XAUUSD). On my last analysis of GOLD (XAUUSD), I was expecting that GOLD (XAUUSD) will do retracement until at least 1861-168 area. Unfortunately GOLD (XAUUSD) reached only until 1869 area and after that rising again to the upside. Last Friday, GOLD (XAUUSD) drop again until the 1875 area. But this time I believe it was...
Here is my continuation analysis of GOLD (XAUUSD). Last week we saw Gold raised from our buy area to 1916 and then falling hard breaking below 1880 and reached the 1855 area which indicates that GOLD (XAUUSD) right now in the retracement phase from subwaves 3 to subwaves 4. For next week, I still considering GOLD (XAUUSD) move in retracement channel before going...
Here is my continuation analysis of GBPUSD. Last week GBPUSD was unable to maintain moving inside the 4H channel uptrend. After breaking below that uptrend channel I recalculated again the waves count. I found that GBPUSD last week completed the ending diagonal channel. With that said, I believe GBPUSD still has pressure to go to the downside for doing some...
Here is my continuation analysis of GOLD (XAUUSD). Last week, GOLD reached 1912 Gold going down to 1882, and then closed above 1900 last Friday. This indicates to me that GOLD still has the power to continue the movement to the upside. For today, I expect that GOLD will do retracement first before continuing to the upside. For now, I believe GOLD will aiming the...
Here is my continuation analysis in EURUSD from my previous video analysis yesterday. There is a link below from my previous analysis. Disclaimer: This is my personal trading setup !! Please use this only for comparison with your own analysis. If you like the idea, comment and give thumbs. Cheers
These charts show the 3 months and the hourly charts of the RATIO of NDX (NASDAQ100 CASH) to the SPX (S&P500 CASH). It is no surprise the ratio has been rising since the dot-com crash lows and now have reached valuation levels of NASDAQ compared to S&P not seen in March 2000. The chart on the left and the pink dotted horizontal line shows a comparison of this...
GSX has had a run that has seemingly defied logic to some bearish investors, but the overall move it made after clearing the previous ATH was relatively healthy. Despite a massive bear campaign a few months back the stock has churned to massive new highs. However, all good (or bad if you're a bear) things come to an end. It is now due for a correction, and will...
According to my previous analysis, now we only need to wait candlestick formation for open buy position
HubSpot (HUBS) completed a Wave 4 of 5 correction and has initiated the final Wave 5 of bullish impulse move. Target 205-210 by early-mid April.
UNP appears to have completed a Wave 5 bull move. Price action on 2/6 was not able to take out 188.96 high. In addition, price has broken below the 2-4 which provides further evidence lower prices are taking hold. So, I expect that price will return to the start of Wave 4 at 167.5.
Hi Traders, The sell we've been waiting for finally came following Friday's non-farm payroll report. I'm expecting XAUUSD to drop towards the $1400.00 region before we can start looking for buy setups. For the time being, let's keep selling every pullback whilst managing risk. Regards, Wave Theorist