Insidemarket
BRENT - Flat ABC corrective structure for daily uptrend. UPDATEDUltimate wave count. It is assumed the flat ABC has already been completed (in this case, a running flat) and another impulse (a third wave in daily/weekly) is surging!
Good luck!
Alternative wave count shows EURO/DOLLAR going crazy!Are we being witnesses of an EXPANDING ENDING DIAGONAL?
Share your thoughts. What are your expectations?
EURUSD - Sell setup on hourly correction.A correction (hourly) within a correction (daily ABC) of a downtrend (weekly).
IF price action shows itself very similar to the forecast , THEN you trade.
Cheers!
GOLD/DOLLAR - Daily correction on hourly basis.Accordingly to the wave count the fifth wave of the daily uptrend (five waves up) made its peak and price action suggest the begining of the correction on hourly. This whole dynamic is the second wave on weekly basis (see RELATED IDEAS) and it is expected a Zigzag movement on daily chart.
DXY - The rocket launch of DOLLAR.I think we are seeing a real shift on geoeconomy. Follow the evidences:
- FED promises THREE rate hikes this year
- The change of the geopolitics towards a USA-Russia simbionse
- "Economic emancipation" of China. (The nationalization of the world's mass industry).
- The End of BRICS (as we know it).
- The maturation of Euroland and Asian Tigers.
- Rejection of globalism in East Europe.
- Rising rejection of globalism in South America (which was the sino-russian reign for decades).
- At last but not the least: Donald Trump.
Place your bets!
GOLD/DOLLAR - ZigZag idea on weekly basis.Long-term bearish movement idea of the correction of previous impulse between 2008 - 2012.
The current uptrend on hourly/daily could be the second wave of the last C-wave of the long term correction.
Happy trading!
GBPCHF - Hourly correction for daily uptrend.It does not look like a reversal yet. Short term sell is valid.
If price plays along till supports area, further price action analysis will be needed to presume if the correction continues or not.
Cheers.
BRENT - Bearish idea on weekly basis. This is my ultimate analysis. Hope you like it!
Happy trading!
GOLD/DOLLAR - Buy setup on hourly basis.I do not know if it would be a vigorous impulse to the upside reflecting a potential reversal on daily basis, but it is a setup with good risk/reward ratio.
Good luck!
BRENT - Daily fractals + wave projection. (UPDATE)Last idea I have foreseen the target to $50 as minimum target. In fact, the target for this quotation (TVC) has already reached.
It is expected to see a correction for the last hourly impulse. First target is the 76.4% retracement (near $47).
Good luck!
GBPCHF - Ending diagonal for hourly impulse.I'm expecting a five wave impulse on daily basis.
Trade with care!
FTSE 100 - The fifth wave on weekly basis. (UPDATE)Here it is my wave count on daily.
The weekly view:
Good luck!
