Hi traders, price on gold droped sharply and give us sell impulse for possible continuation to the downside. I posted my forecast last week and said that i expect price on gold to push lower becouse price was moving in corrective waves inside some ascending channel and price made abc wave then droped. I expect price to push higher in correction now and retest...
Hi traders, Bitcoin droped in last couple of days from +41.000, to around 32.000 which indicate strong rejection for me. Can we see price on bitcoin to continue to the downside? I see possibility for Bitcoin price to push lower and retest trend line around 28.000, but if price wont stop there it can go even lower to around 22.000. Anways my longterm target for BTC...
Hi, yesterday we had nice rejection which is our impulse for downside movement. Price is currently moving in the flag pattern which needs to be finnished by one more high (C wave). Price might stop at 0.618 around 30450, but im more for price to push higher to 0.786 around 30600. I expect price to form H&S there which is marked, and then drop. Anyway nice wave...
Hi traders, i hope you are doing well and are ready to crush new year! Anyway i think that we can expect some drop on GOLD since all higher tf are highly overbought and we are inside big runing flat. It looks like price is moving in corrective waves, which can move price to the downside. My first target will be on trendline around 1900 where we need to see if...
Hi traders, price is curently moving in runing flat pattern and i expect nice reverse on US30 but momentum is still strong so I think that we can first see retest of trendline and new all time high around 31500. Anyway i put trendline there so if price will reverse sooner i will know. Wait for price action on lower tf before selling, becouse buy momentum is still...
Hi traders, since we expect dxy to continue moving to the downside, I expect price to push higher on EU. We are having ascending channel on 4h, and insde that channel there is runing flat for buy. I expect break of previus high around 1.2538 (i will update below higher tf picture for better understanding). Anyway im not sure that we will see that push this year,...
Hi traders, dxy is gaining some power and i excpect that it will make one more push to the upside before reversal. Price might reverse at 0.618 if not, then i will watch 0.786. But for me this looks like runing flat at the moment, so price shouldnt break previus high in that correction. If it will then we can expect expanded flat. This move to the upside should...
Hi traders, last week I posted that i expect price on gold pushing lower to around 1850 and fib 0.618. Price made new high and reversed. As you see we are having some flag for sell forming on 1h which is completed by abc correction, so i think that gold can push lower now. It needs to break previus low at 1855 to complete that bigger flag for buy, where we...
Hi traders, I think that we might see one more push to the upside on GBP before reversal. I want to see price to made some price action for buy, it might bounce from trendline. I see gbp index to push bit higher. Around upper trendline where i expect reverse its even daily SMA line which can nicely push price lower from that point, and there will be abc flag...
Hi traders, as you see US30 is forming ending diagonal , and inside that diagonal we have rising wedge pattern which can reverse, but if that rising wedge wont hold price, then we can see retest from upper trend line on ending diagonal . Anyway i expect nice sells there! I wish you great holidays and stay safe! Good luck to everyone!
Hi traders, im expecting retest of 0.618 (1850-1848), after that i think that price will visit 1917 which is -0.27. But i see that movement as corrective wave which will break lower after hitting -0.27.
Hi traders, as you see US30 is forming ending diagonal, and inside that diagonal we have rising wedge pattern which can reverse, but if that rising wedge wont hold price, then we can see retest from upper trend line on ending diagonal. Anyway i expect nice sells there! I wish you great holidays and stay safe! Good luck to everyone!
Hi traders, i think that we can expect nice drop on gbpjp, which can be nice opportunity for longterm trade.. I think that price can drop realy nicely soon from weekly 0.786
Hi, price came to fib 0.786 from where I expect that price will turn bearish, before it will turn up for bigger buy pattern, so I think that we can get nice sells around 1855, good luck!
Hi traders, i think that we might see drop on gbpjpy before price will reverse to the upside, and there is also gap which needs to be filled. So i expect that price will turn bearish at fib 0.786 which is around 139.60.
Hi traders, for upcoming week i expect some rise on dolar which will push US30 down to our fib 0.236 to complete that runing flat. Price might go and retest upper trendline again, but to continue rising it needs to complete that runing flat which needs one more low. Anyway i have good feeling for this one, good luck
Hi traders, btc looks like its making correction, i want to see slowly retest of the trendline which will complete that correction as ABC flag, after that i expect break of previus high
Hi traders, i expect drop on silver, watch price to go and retest previus high in that correction and complete that regular flat formation