gold has been showing a strong bullish bias for a while and right now price just extended our wave 4. we looking bullish opportunities. remember wave 2 is the longest wave. trade with proper risk management.
Usdzar eliiott wave signaling price reversal, as I was expecting price to reach atleast 38.2 or 50% retracement for my wave B correction
I shared this Analysis November 28 2021,a weakness on usdzar, and it's a long term move, hope someone out there took advantage of it. More update will follow soon, hang on to the bearish.
eurusd is showing bullish move, i think price has given us the first impulse and wave is currently correcting, and waiting for a completion of wave abc correction of wave 1.
i see a possible ending diagonal for gold, before it get strength for bullish moves, would recommend waiting for a clear direction. waiting for another abc to the downside for a completion of ending diagonal .
lets talk chat patterns, this is an ending diagonal in Elliott wave language, and it is also known as rising wedge. always expect price to drop after a complete ending diagonal. for a low risk trade, you can wait for breakout.
looking at the last b wave correction before we can finally complete wave 4
usdcad has been in a correction, and wave 4 has extended into an ending diagonal ,am expecting price to start selling soon. for our wave b correction. looking at a long term investment as is gonna drop for quiet some time.
this correction took about 315 days, i`ve shared this analysis before, price looks like it has completed wave b correction. am expecting wave b to subdivide into 5 impulse wave to the downside.i see alot of weakness in dollar. possible drop.
usdjpy has been showing signs of oversold, and my wave count also shows me that usdjpy has lost bullish momentum, and we about to start a bearish move,infact not start but continue the correction from 2016
usdzar showing alot of weakness ,price looks oversold, bullish momentum is very low.anytime we should see price dropping after completing wave b. our wave c should impulse .Patience and proper risk management.
am still not convinced that the bottom it made,it could be wave 4, i still think that the correction is not done.am not satisfied with the outcome but lets see if the trade is invalid.
S&p 500 is showing exhaustion , following wave a that it made, we expecting wave b correction for a completion of abc correction.
if you can look back to the post ive published, ive published eurusd on long term time. i think is ready to continue with our bullish bias. for confirmation of bullish, wait for price to confirm with the first impulse.
so Gbpaud is completing wave 3 of Wave 4, to wave 5. the am expecting a ABC correction to the upside.
Looking for a possible retracement then price will continue going up and complete ABC Correction
i thought i posted the previous setup before it dropped down, but looks like i violated some rules but anyway... Eurusd looking to finish correcting before price can continue going up
Eur50 is showing an incomplete correction of wave 3.so price is showing a potential drop to complete wave b, then price will then continue with its bullish bias. trade with proper risk management.