Once the gap between 28-28.50 region is filled, silver will drop. The trade imbalances will be filled at 25.50, after that we have liquidity pool under 24.60 and it can drop to 21.60. Also we have an imbalance between 21.60 and 19.60.
Most probably UKOIL has started 3 of 3! A very lucrative phase of price action... I am expecting the gap being closed around 45 level... We can reach 55 $ level by July... Take care...
Crude oil is in a flat formation. And now the last leg is about to start.
Sel if it reaches 2830, target is 2530..Take care!
It completed textbook type 5 waves up and correction nearly ends. Don't miss it!!
We have a clear 5 waves up on USDCAD chart. The 5th wave is extended and in the form of ending diagonal. Now I see the first bearish impulse on the 15 min. chart. Wait for the correction and expect a drop down towards 1.3530. Take care.....
Clean bearish setup. Don't miss it.
A clear impulsive wave can be seen easily. So wait for the correction to complete and then buy.
A double zigzag is over in EURUSD. Prepare yourself for an impulsive drop down. 1:8 Risk:Reward ratio or more is expected.
I am bullish on dollar index as long as it is above 99.80. It seems that it is completed double zigzag. Of course it can make one more leg down to make a triple zigzag. I dont trade DXY it is a filter for me and it is telling me NOT TO TRADE AGAINST THE DOLLAR next week
Gold completed an impulsive wave. Now it's correction time. Be patient and prepare yourself for the next impulsive bearish move.
First impulsive wave was completed last week and I think the correction is over. As you can see on the chart an impulsive wave occured. This wave is possibly the first wave of the third wave of higher degree. good luck. Take care
I see a very clear 5 waves move up after the correction a-b-c. So I anticipate at least one more move up. But don't keep your expectation too high because the last move and next anticipated move could be a part of a higher degree correction like a triangle.
Clear Elliott wave impulse. Wait for correction. Don't miss this trade...
I see a very clear five waves up from the bottom. Wait for the correction and then expect at least one more move up. Take care...