Bitcoin has been on a massive bull run for a few months. However I believe we are towards the end of our Minor Wave 1. What I expect to see is a Bullish Ending Diagonal before any major correction downwards. In this situation, an Ending Diagonal with a Divergence in the Awesome Oscillator would indicate that buying power is starting to diminish and possibly...
For DXY I believe in the Grand Major Timeframe we are currently in a downtrend. We seem to be in a downwards diagonal whereby we have just completed Wave D and are currently in the midst of completing Wave E to the downside before any sort of movement to the upside. I believe this is where the USD will be crushed to the core and removed as the Global Reserve...
For EURUSD we seem to be in a new uptrend with 5 major waves expected to the upside. Within that 5 expected waves up we are currently completing its Major Wave 1. Within that Major Wave 1 we are still in its Minor Wave 1 which should be ending soon. Within the Minor Wave 1 we are currently completing its Wave 4 which seems to be unfolding as a Flat Structure....
For AUDUSD we seem to be in a new uptrend with 5 major waves expected to the upside. Within that 5 expected waves up we are currently completing its Major Wave 1. Within that Major Wave 1 we are still in its Minor Wave 1 which should be ending real soon after another push up. This Minor Wave 1 seems to be unfolding as a Diagonal. We are currently in the final...
For NZDUSD we seem to be in a new uptrend with 5 major waves expected to the upside. Within that 5 expected waves up we are currently completing its Major Wave 1. Within that Major Wave 1 we are still in its Minor Wave 1 which should be ending real soon after another push up. After that small push up, we should see a deep retracement down for Minor Wave 2 before...
For GBPUSD we seem to be in a new uptrend with 5 major waves expected to the upside. Within that 5 expected waves up we are currently completing its Major Wave 1. Within that Major Wave 1 we are still in its Minor Wave 1 which should be ending real soon after another push up. After that small push up, we should see a deep retracement down for Minor Wave 2 before...
ELLIOT WAVES For GBPJPY In the Grand Major TimeFrame we seem to be in its final wave up which is Wave 5. Within this Wave 5 we seem to be in its Minor Wave 3. I anticipate this Wave up to be filled with volatility and momentum. Now narrowing down smaller within that Minor Wave 3 we seem to be in its Sub Minor Wave 2 which seems to be unfolding as a ZigZag...
For GOLD I believe we are currently in a new uptrend which should unfold in 3 major waves to the upside..This is because I believe we are in a diagonal in the grand major timeframe Narrowing down to the smaller timeframe i expect this 3 wave move to unfold as a ZigZag. Hence we should see a 5-3-5 structure to the upside. We are currently in the first LEG A which...
For OIL we seem to be in its minor Wave 2 which seems to be unfolding as a Flat Corrective structure. Within the Flat Structure we are in its final LEG C. I anticipate this LEG C to unfold in 5 waves down before see another massive rally to the upside for Wave 3 on OIL.
For APPLE i believe we are just about to end our flat corrective structure for Major Wave 4. We should have one more Wave up to complete the 5 impulsive wave required to complete the cycle. I do believe this final Wave 5 to the upside would not be very extended and might only breach the current tops by a little bit and then drops down for a deep correction as...
For GOLD i believe we are in our last push up in the 5 wave diagonal for Minor Wave 5 within the Major Wave 5. As we can see price respected the diagonal channel at the bottom indicating the end of Wave 4. With that being said i believe we will be creating new highs for Gold by somewhere around late this year. The inflation situation with the USD is also another...
I believe for NZDUSD we are currently in Wave 2 in the Major Time frame. Within the Major Wave 2 which seems to be unfolding as a ZigZag Structure we seem to be in its Leg C. Within that Leg C we are in its final wave down which is Wave 5(Leg C). After the next down move i expect this pair to be very Bullish till further notice. Always wait for breaks outs and...
I believe for AUDUSD we are currently in Wave 2 in the Major Timeframe. Within the Major Wave 2 which seems to be unfolding as a ZigZag Structure we seem to be in its Leg C. Within that Leg C we are in its final wave down which is Wave 5(Leg C). After the next down move i expect this pair to be very Bullish till further notice. Always wait for breaks outs and...
For GOLD i believe we are currently done with Major Wave 1 and are currently in the midst of completing Major Wave 2 which seems to be unfolding as a flat corrective structure. If it does unfold as a flat instead of a ZigZag i believe the 1840-1850 area to be a good area for a Intraday BUY. We could take profits somewhere around the 61.8% fib level of the Major...
For BTC i still believe we are in a Flat Corrective structure in the major time frame which should end somewhere around 29K -27K. Within the expected Flat Structure we are currently in its final leg which is LEG C. LEG C in a flat has to unfold in a 5 waves pattern. With that being said, based on the charts i believe we have completed Wave 1 - Wave 4 for LEG C. We...
For Gold in the major time frame i believe we are currently in a 5 waves move down pattern. Within that 5 waves move down we have completed its Wave 1 and we are currently in the midst of completing its Wave 2. Wave 2's usually unfold as a zig zag and there is a strong reason to believe this Wave 2 will be unfolding as a zigzag structure as well. A zigzag occurs...
Gold moved exactly as my previous analysis. Tested 1970 area which was the end of the double tree pattern and then had a sharp 5 wave move down indicating the start of Wave 3. Therefore i believe we are now in Wave 3 in the Major time frame. Within the Wave 3 we are just about to start our wave 1 within it. Therefore we still have a long way to go before hitting...
For BTC I believe we have ended our Major Wave 4 correction. Hence i believe we are currently in our Major Wave 5 to the upside. Within the Major Wave 5 we are currently in its Wave 3. Within the mentioned Wave 3 we are currently in its Wave 2 which seems to be unfolding as a diagonal. Within the diagonal we have completed its Leg A,B,C and D, and are currently in...