DollarPipsFX

DollarPipsFX

MAJOR TIMEFRAME For Gold we can note that we are in a corrective movement for the completion of WAVE 4. The corrective structure unfolding seems to be a FLAT. Within that FLAT structure we seem to be in its 3rd and final leg as we have already completed the 3 wave for the 1st leg and 3 wave for the 2nd Leg. The final leg should unfold in a 5 wave movement as FLATS...

DollarPipsFX

Major Timeframe For USDJDY we seem to be in a Corrective phase after an impulsive move to the upside. The corrective structure seems to be unfolding in a FLAT pattern . Within the FLAT structure we seem to be in its second wave which is LEG B. Based on elliot's wave theory a flat takes form in a (3-3-5) pattern. And the 3 wave pattern formed are usually...

DollarPipsFX

Major Timeframe For USDCAD we seem to be in a Corrective phase after an impulsive move to the downside. The corrective structure seems to be unfolding in a triangle pattern . Within the triangle pattern we seem to be in its final wave which is LEG E. Based on elliot's wave theory a triangle takes form in a (3-3-3-3-3) pattern. And the 3 wave pattern formed are...

DollarPipsFX

Major Timeframe For GBPAUD we seem to be in a Corrective phase after an impulsive move to the downside. The corrective structure seems to be unfolding in a constricting triangle pattern. Within the triangle we seem to be in its final wave which is LEG E. Based on elliot's wave theory a triangle takes form in a (3-3-3-3-3) pattern. And the 3 wave pattern formed are...

DollarPipsFX

Major Timeframe For GBPJPY, i believe we are currently in a flat corrective structure after a 5 wave move down. Within the flat structure we seem to be in the final Leg C which should unfold in a 5 wave movement up. Mnor Timeframe As mentioned we are currently in the C Leg of the flat which should unfold in a 5 wave movement up. Within the 5 Wave pattern up we...

DollarPipsFX

Major Timeframe For GOLD I am still looking for bullish movement for the medium to long term. I anticapte us to move further up to complete wave 2 which seems to be unfolding as a Flat Corrective Structure. Within that Flat structure we are currently in the C LEG. Within that C Leg which is a 5 wave / triangle movement we are currently in the 5th wave / leg E ....

DollarPipsFX

HAPPY NEW YEAR TRADERS. Let's hope for a succesfull, profitable year ahead. MAJOR TIMEFRAME For SILVER (XAGUSD) I believe we are in a corrective structure after a 5 waves move down. The corrective structure seems to be unfolding as a ZIG-ZAG. Within the ZIG-ZAG structure we seem to be in wave C. We seem to have completed WAVE A and WAVE B and now looking for...

DollarPipsFX

MAJOR TIMEFRAME By using elliot's wave theory I believe we are still in an uptrend in the Major Timeframe for USDJPY. Based on my mapping i believe we are currently completing LEG B of the FLAT corrective structure in the major timeframe which should go above or at the least to the start of LEG A. Within that LEG B, we are currently in the final LEG which is LEG...

DollarPipsFX

MAJOR TIMEFRAME By using elliot's wave theory I believe we are still in a downtrend in the Major Timeframe for XAUUSD. Based on my mapping i believe we are currently completing LEG C of the FLAT corrective structure in the major timeframe which should go below or at the least to the start of LEG A. For this I am expecting an expanded Flat for the price to hit the...

DollarPipsFX

MAJOR TIMEFRAME By using elliot's wave theory I believe we are still in an uptrend in the Major Timeframe for GBPNZD. Based on my mapping i believe we are currently completing LEG C of the FLAT corrective structure in the major timeframe which should go above or at the least to the start of LEG A. As for LEG C I will be expecting it to unfold in a 5 waves up...

DollarPipsFX

MAJOR TIMEFRAME By using elliot's wave theory I believe we are still in an uptrend in the Major Timeframe for GBPJPY. Based on my mapping i believe we are currently completing LEG C of the Zigzag corrective structure in the major timeframe which should go above the start of LEG A. As for LEG C I will be expecting it to unfold in a 5 waves up pattern. MINOR...

DollarPipsFX

By using Elliott wave's theory i believe we are currently in a downtrend in the major timeframe to complete Leg B of what seems to be a Zigzag structure. However for the minor timeframe we are going to be seeing a pretty long retracement up for NZDUSD. Also If u note from my mapping we can see that NZDUSD has completed a triangle / 5 wave move down. Therefore i...

DollarPipsFX

By using Elliott wave's theory i believe we are currently in a uptrend in the major timeframe. However for the minor timeframe we are going to be seeing a pretty long retracement down to complete Leg C of what seems to be a flat corrective structure for USDCAD. Also If u note from my mapping we can see that USDCAD has completed a triangle / 5 wave move up followed...

DollarPipsFX

By using Elliott wave's theory i believe we are currently in a downtrend in the major timeframe. However for the minor timeframe we are going to be seeing a pretty long retracement up for AUDUSD. Also If u note from my mapping we can see that AUDUSD has completed a 5 wave move down. Therefore i believe now we may retrace up to 76.4% of the previous move down.. I...

DollarPipsFX

By using Elliott wave's theory i believe we are currently in a downtrend in the major timeframe. However for the minor timeframe we are going to be seeing a pretty long retracement up for GBPUSD. Also If u note from my mapping we can see that GBPUSD has completed a triangle / 5 wave move down. Therefore i believe now we may retrace up to 76. 4% of the previous...

DollarPipsFX

For the DXY Chart, we can note that we are currently in an impulsive 5 wave movement. Within the major timeframe we are currently completing WAVE 1 Within the medium timeframe we are currently in WAVE 5 Within the minor timeframe we are currently in wave 3 All In all we can still expect USD to be bullish for 1-3 weeks move before doing a major retracement for...

DollarPipsFX

We are currently in the Major Corrective pattern in the highest TF to counter the 5 WAVES down before this. Looking at the pattern we may be doing a FLAT corrective pattern. Within the FLAT corrective pattern we are currently in the C LEG. Within the C LEG which is a 5 wave structure or in this case a diagonal/ triangle we are about to complete the 5th wave...

DollarPipsFX

We are currently in the Major Corrective pattern in the highest TF to counter the 5 WAVES down before this. Looking at the pattern we may be doing a FLAT corrective pattern. Within the FLAT corrective pattern we are currently in the B LEG. Within the B LEG which is a 3 wave structure we are about to complete the 2nd (WAVE B) Wave up before a massive bearish move...