Fox_25

Fox_25

Short GBPUSD, first target is 1.3638 Second Target 1.3405 3rd target 1.2950

Fox_25

I have posted earlier a chart for BTCUSDT and i was suggesting to short, but after looking at the BTCUSD chart, I found a difference which makes my previous analysis wrong! i believe this chart that should be analyzed the BTCUSD not the BTCUSDT! the new long target is the 21400$ level where it should be a resistence area and a good price to short at.

Fox_25

I believe this is the top of DJ, it should start dropping from this high. short with cautious and tight stop loss.

Fox_25

Bitcoin has been going up drametically where on the daily chart it shows a divergnece on the volume! its going up with a very low volume wich means there are no enough buyers and its trend is ending! on the 1h chart there is a beautifull perfect harmonic pattern! i believe this is the end of bitcoin for this rally.

Fox_25 Updated 

GBPUSD is still in a correction stage as it has finished the B wave where it is an irregular wave and a trap for some traders as it broke the previous swing. Wave C in WAVE B was 5 waves where wave 3 is 150% of wave 1, and wave 5 is 100% of wave 1! which makes it an ideal 5 elliot waves.

Fox_25

After the long correction and after it did what i expected EXACTLY, i expect it to go back up from this current low good luck trading it :)

Fox_25

EURUSD has completed successfully the Gartley pattern as i expect i to reach 1.1370 as the first target unless the low is breached.

Fox_25

After the completion of the 5th wave of Wave C, where it was IDEAL WAVES where wave 3 is exactly 2X of wave 1 and wave 5 is exactly 1.618 of wave 1, I expect it to be done with the downward trend. unless, the this low is broken where i doubt it to do so, i would be looking for the equality of wave 3 length.

Fox_25

Gold has been in a correction retracing move and i believe it finished at 1287$ and breaking this price is almost IMPOSSIBLE. I'm selling it targeting 1182 as my first target.

Fox_25

As i published earlier about this pair, i see it strongly BULLISH and now is the opportunity to start buying it with a very close stop, as i expect it to break last months high 111.30 targeting 113.00

Fox_25

Gold has been in a correction ABC pattern, where this high should be the end of wave C, unless the high was broken and it breaks the high of 1274 it should be an extended C wave and should reach to 1284.

Fox_25

EURUSD is week as the close of its last month was strong bearish with full bearish engulfing pattern, therefor i'm looking for bearish harmonic patterns.

Fox_25

USDCAD is showing a Bullish Gartley on the H4, as this should be the B correction after the Long rally that it was in, also it retraced 50% of the whole move up which makes the Bullish gartley stronger as has a Cluster on the 50% fibonacci level.

Fox_25

GBPUSD has completed its AB=CD correction pattern finding a resistance at the 0.382 where it started to build for a new bearish harmonic pattern that i believe it has finished it and it should continue its down trend.

Fox_25

Oil have been in a correction since 2008 from the high of 145$, it has finished the 2 corrections down and now its building patterns and corrections to go up. as shown in the picture, the Oil has finished the ABC correction pattern and i think the investors would like to break the high of October 2015 with B correction and retrace nearly to 42$ and then we look...

Fox_25

As shown in the image, the weekly has broken the last swing low which make this harmonic pattern valid unless a higher high is formed. Selling this pair should be with cautious. i would wait for a strong bearish candle on the Daily chart to have more probability of my bearish scenario.

Fox_25

As i marked my fibonacci starting and ending points, i believe this is the 1st correction wave, and the Gold was retracing its bearish correction wave to reach level 0.236 and form a strong BEARISH ENGULFING CANDLE on May close. in my opinion showing a bearish engulfing candle on the 0.236 makes this a valid and strong resistance level that the Gold is retesting...

Fox_25

DXY collapsed on Friday after the Non-Farm Employment Change news and it was much worse than expected! i believe that the DXY did not over exaggerate as it had to fall to retrace the Long rally that it was in. Moreover, the Monthly May close and the engulf candle occurred makes me believe more that this fall is only a retracement unless the price breaks below...