Waveanalyis
XAUUSD Wave Count UpdatePrice broke lower than the low of 3rd May and suggesting 5 waves down move from peak of $2070 is taking place. Price might extend much lower before a bigger pullback to happen. For now, price suggested 5 waves down from peak of $1909 is completed and 3 waves bounce is expected to happen and 4hr movement will decide if price will break lower again or making a bigger pullback.
XAUUSD Wave Count UpdateA break lower than $1850 will make 5 waves down from peak of $2070 and indicating it will be an impulse move. Expecting price to bounce anytime soon between $1835 - $1813 for a bigger pullback for Wave 2 before further decline towards $1672 - $1426 in the long term.
NZD/USD likely to FALL!Hey tradomaniacs,
NZD/USD is likely to fall duie to the risk-off in equities and the strong US-Dollar.
Technically we`ve seen a fake-move to the upside and now a break to the downside.
The recent re-test could give us a nice opportunity to sell the next rally.
Let`s see =)
XAUUSD WXY CorrectionGold suggested to end Wave (X) at the low of $1865 with divergence showing for end of 5 waves from peak of $1909 with Flat correction structure from peak of $1903. Price is expected to climb in 3 swings to complete Wave (Y) between $1925 - $1962.
XAUUSD WXY Correction UpdatePrice went to make a short term high above $1903 in 3 waves and a quick sell off in 5 waves happened from there. A possible flat correction structure which now bouncing off 50% fib from the low of $1850. Anticipating price to climb in another 3 swings to complete this WXY Corrective Wave.
XAUUSD ABC CorrectionSome update on Gold looks to be in impulse move and since from the low of $1861, price going to end in 5 waves of to make as wave (i) of ((iii)) before a 3 waves pullback to happen for more upside.
GBP/CAD ABC CorrectionPrice suggested to complete 5 waves down from peak of of 21st Feb and current price right now is bouncing for at least 3 waves pullback to correct the cycle from peak of 1.7377 before further decline.
XAUUSD WXY CorrectionAn update for this WXY Corrective Wave from peak of $1998, looks like price made lower low than wave ((A)) after a climb in 3 waves. Only plausible structure here is a Flat Correction since wave (A)(red) did not reach 38.% fib retracement of the decline from $1988 peak. Expanded Flat Correction most common area to end for wave (C) is 50% of the previous move which comes around $1926.
AUDUSD Running flat setup for sell?Hi everyone !
Keep your eyes on this AUDUSD running flat and wait for the confirmation before you will sell.
Thank you for your support.
XAUUSD WXY Correction5 waves decline from peak of $1998 suggested ended at low of $1871 and ended as wave (A)(blue) of (Y) and now the start of wave (i) of a 3 waves pullback which looks to be forming in a Leading Diagonal structure.
XAUUSD WXY Correction5 waves decline from peak of $1998 suggested to end at the low of $1881 to make as wave (A) of (Y). We will see a 3 waves pullback at least. It could be in any correction form of Flat correction, simple zigzag ABC and Triangle to make wave (B) of (Y) before further decline towards minimum $1818.
XAUUSD Wave Count UpdateSome update on Gold looks like price is forming in a Leading Diagonal structure. Expecting one more swing lower before 3 waves pullback to happen.
XAUUSD ABC Correction UpdateWave (B)(red) suggested to end as a Flat Correction and price is expected to make a climb in 5 waves for wave (C)(red) to make as Wave ((ii)) before a further decline to happen.
XAUUSD ABC Correction UpdatePrice is still completing wave (B) of ((ii)). Another climb for wave (C) is anticipated before further decline in wave ((iii)).
XAUUSD Wave Count UpdatePrice looks to be ending 5 waves decline from the peak of $1998 to make wave ((i)) of (A) of (Y) and expecting a 3 waves bounce at least to happen before further downside to make wave ((ii)).
XAUUSD ABC CorrectionFrom low of $1894, price could be making a flat correction and price might have ended at the peak of $1998 for wave ((X)) and we shall see price decline towards $1818.
Dogecoin 30 minCorrection is still continues in Time
wave x formed and an 3 wave correction expected
LUNA LONG TERM ELLIOT WAVE ANALYSISAdvanced Elliot wave Analysis as depicted on chart!
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AUDUSD H2 Time Frame Analysis Hi traders ! Here's an analysis on AUDUSD and what my possible trade on this pair would be. This pair has over the time, experienced growth and right now, the market has shows some level of bullish exhaustion and we're at this point expecting the bears to step in this market and cause some discount. Another confluence reason for this possible move is the current strength of the USD after yesterday's FOMC where the Feds said they'd reduce their balance sheet by $95B a month, that looked like a high number but investors were strong in it because the feds were taking most of it ($65B) from treasuries, which doesn't exactly affect their stocks.
So this is how I'm watching this pair, and upon possible confirmation, I'd go short. But as always, the DISCLAIMER: Our analysis are not a recommendation to Buy or Sell. It is strictly for educational purposes only.
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