DollarPipsFX

DollarPipsFX

For XAUUSD we seem to be currently completing Wave 2 in the Major time frame. This Wave 2 seems to be unfolding as a Double Tree corrective pattern. We have completed the W leg which unfolded as a ZigZag followed by a 3 wave move for Leg X and are currently in the midst of completing Leg Y which is also unfolding as a ZigZag Pattern Narrowing down within Leg Y...

DollarPipsFX

I believe from current prices we shall see a strong push up till about 4200-4300 area before a small dip for Minor Wave 4 before another push up for Minor Wave 5 to complete the Wave 1 within the Major Wave 3. Invalidation would be around 3130 area. For this pair we are looking at breaking new highs in the long term.So if you are a swing trader its a good time to...

DollarPipsFX

Hey guys so Wave 4 did not complete as a ZigZag at 1988 instead its actually doing a Flat structure in the major timeframe. Meaning we may still see a small push up to the 2008 - 2012 to complete Wave 4 within the Minor Wave 1. After that we may see price dropping for another 5 waves down to complete Wave 5 to complete the Minor Wave 1. Another support to this...

DollarPipsFX

Hey guys for gold we are still in unclear position with the war still going on. However on the major time frame we may seem to have completed the bullish movement as price did not manage to break the 2077 resistance level. With that being said the movement to the downside we are seeing now also does not seem like a corrective one. It seems more like a impulsive,...

DollarPipsFX

We seem to be ending our triangle structure for Wave 2. We are currently in its E Leg. This E leg has unfolded as a Zigzag structure with its First Leg having 5 waves and its Second Leg having 3 waves. Therefore we are currently in its 3rd leg which has also been unfolding in a 5 wave structure. Within that 5 wave structure for its 3rd Leg we are actually in its...

DollarPipsFX

Based on my last analysis the market moved as predicted. Market did give a small push up for Minor Leg B before pushing down sharply for Minor Leg C. As for now i believe we are at the completion point for Wave D of the Triangle for Major Wave 4. At this moment i will be looking for BUY Setups to complete Wave E of the Triangle which would then complete Wave 4 as...

DollarPipsFX

For Gold i believe we have yet to complete our corrective structure for Wave 4 within the Major Wave 2 which is unfolding as a Triangle. I believe this Wave 4 is unfolding as a Flat structure. Within the mentioned Flat Structure for Wave 4 we have completed its Minor Leg A and Minor Leg B which are both in 3 waves pattern. Now we are in the midst of completing...

DollarPipsFX

As mentioned in my previous analysis we are still in the Wave 2 corrective phase. This corrective phase seems to be unfolding as a Zig-Zag structure. Within the mentioned ZigZag Structure we seem to have completed its Minor Leg A (5 waves) followed by its Minor Leg B (3 Waves) and now we are in the midst of completing Minor Leg C which should unfold in another 5...

DollarPipsFX

For EURUSD in the Grand Major Timeframe we seem to be in a new 5 Wave structure to the upside. I believe the ZigZag Corrective Structure prior to this has been completed. Another reason to support this assumption is that the Leg C of the ZigZag managed to reach and reject the 100% level of its Leg A. Within the new 5 Wave Structure mentioned above we seem to...

DollarPipsFX

For ETHUSD we seem to be in a corrective phase after a 5 Wave move to the upside. The 5 wave move to the upside could be considered the Wave 1 in the Grand Major Timeframe. As of now we are in the midst of completing Wave 2 which seems to be unfolding as a FLAT Corrective Structure. To those that arent aware a FLAT Corrective Structure is usually in a 3-3-5 Wave...

DollarPipsFX

For XAUUSD in the Grand Major Time Frame it seems like we are in a corrective phase after an impulsive 5 wave move to the upside. The corrective structure seems to be unfolding as a FLAT Corrective Structure. For those that arent aware, Flat Structures are usually in a 3-3-5 structured form. Within this particular Flat Structure we seem to have completed its Minor...

DollarPipsFX

For BTCUSD in the Grand Major Time frame we seem to be in the 4th Wave which is a corrective wave. I believe this 4th Wave is unfolding as a Triangle Corrective Structure (3-3-3-3-3). Each Leg in the triangle usually forms in a 3 wave pattern hence the 3-3-3-3-3 formation. Within the mentioned triangle we are currently in the midst of completing its Leg D As...

DollarPipsFX

For USDCAD in the Grand Major Time-frame, we can notice that we are currently in a corrective structure after a 5 wave move to the downside. The corrective structure seems to be unfolding in a Triangle Corrective Structure. Triangles either have a 5-3-5-3-5 or 3-3-3-3-3 structure. In this case we seem to be doing a 5-3-5-3-5 structured Triangle. Within the...

DollarPipsFX

For USDJPY in the Grand Major Time-frame i believe we are currently in a corrective structure after a 5 wave move to the upside. The corrective structure seems to be unfolding as a FLAT Corrective structure(3-3-5 Structure).Therefore my main trend is still on the downside with this pair.However Within the Flat Corrective Structure mentioned we seem to have...

DollarPipsFX

For NZDUSD after last weeks movement. I believe we are currently in Wave 1 of an entirely new Structure. This is because i believe we have completed the TRIANGLE Corrective structure in the Grand Major Time-frame. Therefore i do believe we are bullish for the long term for NZDUSD. For the Medium term i believe we have complete Wave 1 and are currently in the...

DollarPipsFX

My Last Prediction for AUDUSD in the smaller time-frame was 100% Perfectly Met. We did do a ZigZag Structure for Wave 4 and price did respect the exact 100% level area before reversing down for Wave 5 as mentioned in the previous analysis. Do check it out!! For AUDUSD after last weeks movement. I believe we are currently in Wave 1 of an entirely new Structure....

DollarPipsFX

For Bitcoin in the major timeframe we are still in the midst of completing the Flat corrective structure for Major Wave 4. Within that Flat structure we are in its final Leg C. Within that Leg C we are currently in the 5th wave and final bearish move down before major movement to the upside for Wave 5. On the minor timeframe we seem to be completing Wave 2 in...

DollarPipsFX

We seem to have started our Wave 5 on the minor timeframe within the FLAT Corrective Structure of Wave 4 on the major timeframe. Within that Minor Wave 5 we seem to have completed our Wave 1. Currently I'm expecting a Zigzag for Wave 2 before moving further down for Wave 3. We also seem to be in the final leg of the Zigzag. So I'll be looking for sells after the...