Bearish Shark PatternHi Traders,
NFP was far lower than expected.
Only 4 out of 79 traders voted below 800k.
1.217xx is a very strong resistor, there will be a lot of noise in this section.
I see the target as below 1.20.
W2wcm
XAUUSD Continues DowntrendHi Traders,
Gold continues to move in a downtrend.
Although he tried $ 1850 and above, he did not succeed.
Gold will likely continue to decline.
GOLD Wolfe Bullish Up TrendHi Traders,
Gold, which is in a downward trend, started the bullish movement with the Wolfe Bull formation, which is a full return formation, I shared the Tp1 and Tp2 points in the analysis.
EURUSD New TargetHi Traders,
The euro continues its manipulative movements.
Technically speaking, there aren't many formations that match this strong momentum.
Basically, the ECB is currently not commenting on inflation and expansion.
The EURO will continue to strengthen as the DXY loses strength.
The estimated target before the BEAR market could be 1.225xx +
EURUSD Now Falls!Hi Traders,
The Bull Trap on the 5-wave Wolfe Formation worked exactly and was tested at 1,120x.
A bear bar is opened towards the bottom of the trend line where 1 - 3 - 5 points converge.
We just have to be patient and wait for TP points.
EURUSD Start Bearish TrendHi traders,
We have seen manipulative moves on this pair for the past 2 weeks.
This was not due to the strength of the EURO but to the weakness of the DXY.
The current Wolfe Formation has completed its 5-wave move and will start a 2-week sale with a possible Bull Trap .
EURUSD Bearish Bat FormationThis chart is perfectly suited to bear bat formation.
The lengths between the points X, A, B, C, D have been checked.
This pattern marks the beginning of a bear market.
The estimated target is point C.
XAUUSD Bearish TrendHi Traders,
Gold continues to decline along with the vaccine news.
It looks like 1.750 at the bottom point.
But we need to forget about the vaccine news that the market has been pricing positively for 2 - 3 weeks.
Gold can go up if this changes. Overall image will test $ 1.750.
Note : Also, the first days of the golden week may move with DXY.
DXY Try Bullish TrendHi Traders,
The pressure on DXY in vaccination and election results is about to break.
The pressure in DXY brought the EURO parity above 1.195xx. But DXY will try to attack 93 levels and try to control the activation of the buyers.
We will see a 2-week strengthening together with the FED - ECB factor.
Please be patient for this move to happen.
//- You can examine the EURUSD analysis as a anti analysis.
EURUSD Range of MotionEURUSD parity will be traded in the range 1.18800 - 1.17200 for a while.
Wait for ECB December Incentives.
EURUSD First Buy & SellEURUSD
Parity is too risky for USA election. Take advantage of the pre-election and election day volatility.
First Buy and later Sell .
