The-Engineer-7

The-Engineer-7 Updated 

After correction are completed as ABC we will look for long direction to shaded area next week, DXY is a consolidation on highly time frame from a long time so the direction is not clear so we should be carful in trading and strictly apply risk management . Good luck

The-Engineer-7 Updated 

In daily chart waves are completed and we are expecting a downward correction at least to reach 17000 This is to be failed if price break the swing high trade safe

The-Engineer-7 Updated 

we are looking for deep correction in gold since the expansion waves are completed targeting 2350 and 2285 This is to be failed if prices break 2485 Good luck

The-Engineer-7 Updated 

as long as prices never breaks .95320 EURUSD will go for long direction as wave 3

The-Engineer-7 Updated 

BTCUSD On this scenario may correction ABC is completed and we are looking forward to upward direction as long as prices never breaks 15,479 USD is it is failed BTCUSD may go to another scenario to 11,000 USD

The-Engineer-7 Updated 

LONG SCENARIO may happen on Gold to complete wave 5 as we are about to see end of upward of wave 1 of 5 after that a correction downward as wave 2 will begin before we will see upward direction to break 2075. We will update and publish details analysis step by step in lower time frame. trade safe...

The-Engineer-7 Updated 

US30 have completed wave 1 as 5 impulsive wave after a correction finished as ABC we are looking for long direction as wave 3 as long as prices never breaks 32583 (start of wave1) if so a short scenario will be activated.

The-Engineer-7 Updated 

US30 as long as prices never breaks 34941 it may go for short direction as wave c to complete wave 2 at the zone between 31000-30000 from there we can expect a long direction as wave 5 Good luck and trade with risk management

The-Engineer-7 Updated 

AUDCAD is about to finish correction of wave 2, long direction is expected from demand zone mentioned on chart reason for this idea : 1- a daily demand zone. 2- wave 2 can not break the start of wave 1 if does the scenario will not be valid. risk management always required. trade safe and good luck.

The-Engineer-7 Updated 

GBPCAD have completed 5 impulsive wave, because of that we are looking for downward correction. Another reasons for this analysis is there are a divergence between top of waves 3 and 5 on MACD in addition there is a confirmation for correction since prices broke wave 4 on lower time frame This analysis to be failed if prices break last peak at 1.71454 Good luck...

The-Engineer-7 Updated 

NAZDAQ may go for a correction as wave 4 because it finished wave 3 as mentioned on chart . we will target the zone as long as prices never breaks 15281 Good Luck

The-Engineer-7

it is clearly that wave B had completed its waves as WXY and start to create wave C. we can go for short direction after finishing wave 2 (any correction in upward direction it is un opportunity to take short positions after breakout). this analysis is to be failed if prices break 145.071. Good luck

The-Engineer-7

GAS has made a leading diagonal after finished its long downward correction so we have an opportunity to take it long as long as prices never breaks 1.894 (start of wave 1) since it is a basic rule of Elliot waves principle to keep upward scenario stand. we will watch the zones mentioned on the chart and any positive price action we can go for it. Good Luck,

The-Engineer-7

as we see clearly GBPCHF is on sideway which is very risky to trade on, so in order to avoid this risk situation it is better to wait prices break the zone on daily time frame and wait for testing the zone in order to go for long direction with stop loss closing below the zone by daily candle stick Good Luck

The-Engineer-7 Updated 

We are looking forward to downward direction as wave C since wave B is completed its complex waves. another reason for this idea is that a hidden divergence is occurred on daily time frame. this is to be failed if prices closed above 1.39777 with H4 candle. Trade safe

The-Engineer-7 Updated 

BTCUSD is about to start a correction on downward direction after finished ABC as X, reason for this idea is a triangle correction is occurred on wave 4 and as per Elliot waves principle which stated that a triangle correction is the last correction wave before last impulsive wave (5) another reason also that prices broke the bottom of the last impulsive wave...

The-Engineer-7 Updated 

GOLD is on correction wave 4 of ending diagonal, it is expected to be completed some where below 2000 ( near the bottom of downward wave channel) then an upward wave 5 is expected to target at least 2080 again This is to be cancelled if prices break 1969. Good Luck

The-Engineer-7

on daily time frame the downward correction wave 4 is still stand as long as prices never break wave X at 13760.