Ibrahim1984

Ibrahim1984 Updated 

As shown on the chart, gold remains in a correction area. In my view, the price is currently in wave C from the zigzag ABC within a larger correction cycle WXY. We need five waves to complete wave C. The trade is short from the current price of 2634, with stop loss at 2646 (120 pips) and targets 2607, 2595, and 2575. Confirmation for this scenario will occur if...

Ibrahim1984 Updated 

Observing today's sharp correction in gold prices, from an Elliott wave analysis perspective, we have completed wave 4 and are now poised to embark on the 5th wave, provided the price closes below 2614 as confirmation. The stop loss for this scenario is set at 2645. The targets are 2595, 2575, and 2555. Subsequently, we require confirmation of a close below 2542...

Ibrahim1984 Updated 

As indicated by the chart, gold is on a downtrend. I'm considering a short position from the current price and from 2693, with a stop loss at 2705. The targets are 2630 and 2605 to complete the first wave (SL 150 pips and max TP 800 pips). This scenario becomes invalid if the price closes above 2718. Please be mindful of risk management. If you have any ideas...

Ibrahim1984 Updated 

As indicated by the chart, we are still in an uptrend, aiming to complete wave 5. My target is 2772, with the best entry point ranging from 2732 to 2728. The stop loss for this scenario would be if the price closes below 2724. Confirmation for the continuation of the rise is a close above 2752.

Ibrahim1984 Updated 

Currently, we are in wave 3 of 3, which I anticipate will complete at 2735. We need to wait and trade the corrective wave 4, which is targeted at 2712 - 2708 . From 2708 to 2712 is a good area to begin buying to complete wave 5 from 3. in my view final target for wave 5 from 3 is 2745 -2752 . The level of 2708 is important, we need confirmation below this...

Ibrahim1984 Updated 

As previously analyzed, gold continues the correction pattern and has reached the sell target (from 2647 to 2625). Currently, the price has started a motive wave (wave 5 from 3, targeting 2707). Buy at the current price of 2664 and take profit at 2685 and 2702. Set a stop loss at 2652 (120 pips).

Ibrahim1984 Updated 

Expanding on the previous concept, within a 15-minute timeframe, initiate a sell and take profit between 2652 and 2648. Subsequently, establish a buy position with targets set at 2685 and 2707. The buy confirmation should be at 2665.

Ibrahim1984 Updated 

The chart indicates that the gold price has completed a correction pattern, and I anticipate an upward trend to continue, aiming for the target range of 2702-2707, as we are still in wave 5. For confirmation, a close above 2665 is required. Should the price close below the validation level of 2647, I would expect it to proceed to the 2630-2625 range. I plan to...

Ibrahim1984

The price figure indicates an ABC pattern, and currently, we are in wave 5, which is expected to complete at 97.15. However, we require confirmation with a close below 99.40 for a long-term trade.

Ibrahim1984 Updated 

AS Elliott Wave Theory suggests we are currently in a wave 3 pattern. For detailed analysis, Target wave 3 is set at 2630. Confirmation is required for a close above 2585. The setup fails if the price closes below 2540. Consider buying at 2552 and 2542 Be advised, purchasing at the current price of 2575 carries a high risk. The targets are 2596, 2611, and 2630. ...

Ibrahim1984 Updated 

As ELLIOT WAVE the price now in 4th wave (FLAT wave). wait for sell confirmation below 39,400 and Sl 39,700. TP 36,400. Use this idea if it matches with your analysis. CONSIDER RISK MANAGMENT

Ibrahim1984 Updated 

In my view the gold now in wave 4 and it will finish around 2275 - 2272. invalidation level is 2265.sell opportunity from 2342 - 2345 and SL 2358. (130 pip) and TP 2275(650 pip) IT JUST MY IDEA. use it if it matches your analysis. wait for confirmation before enter sell position. Consider your risk management.

Ibrahim1984 Updated 

As it shows on the chart now, we are in wave C from B from correction ABC. TP 1.790. SL 1.660. my view is buy from current price 1.6940 to 1.790 then we need confirmation to sell to complete 5 waves for C for ABC correction at 1.6025 . CONSIDER RISK MANAGMENT AND USE THIS IDEA IF IT MACHES WITH YOURS.

Ibrahim1984 Updated 

Please see the chart. Enter buy position from: 1.0550 - 1.0535. STOP LSOSE:1.04920( around 43 PIP) First TP: 1.07970 (around 262 PIP) Second TP; 1.8970 (around 362 PIP) Please be aware for risk management at maximum.

Ibrahim1984 Updated 

As we see on the chart the GOLD price finished 5 waves in wave C and in my view, it reaches to (Y) point for the large correction WXY. Also, we see Harmonic Crab Pattern will complete around 1842. Enter Buy position from 1842 - 1840. First TP: 1882. Second TP:1895 Third TP :1907 STOP LOSE: 1835 PLEASE BE AWARE FOR RISK MANAGMENT AT MAXIMUM.

Ibrahim1984 Updated 

Update for previous analysis for DXY. waiting for correction in wave C at 104, 104.30. I except the price will continue in uptrend after reach 104 area. we have strong news today 13 Sep for US. please be aware for risk management.

Ibrahim1984 Updated 

my idea for EURUSD as showing on the chart. The price will continue in down trend to complete wave 3. Confirmation : close below 1.07655.

Ibrahim1984 Updated 

waiting price to close below 1915 to reach first target at 1904. SL : 1932 as my view from 1904 the gold will make upside correction to 1942 then will continue the down trend. In general : the main target for down trend for gold is 1885 . The gold will be in up trend if closed one day above 1953.