The-Engineer-7

The-Engineer-7 Updated 

BTCUSD is started wave 3 after gave confirmation by breakout the wave 1 we are looking now for 5 impulsive waves in upward direction with stop loss shown on chart

The-Engineer-7

GBPAUD will continue in upward direction as impulsive wave 3, as clearly mentioned on chart that wave 1 of 3 is finished and we are about to complete wave 2, . This analysis to be failed if price break wave 1 at 1.838754 which is a main rule from Elliot waves Theory.

The-Engineer-7 Updated 

After the price had broken the wave X it is an indication that the complex correction is completed, we are looking forward for upward direction after a suitable correction ( a flag will be perfect) in order to complete the upward waves this is to be failed if price breaks 1.721900 (bottom of wave 1) Good luck

The-Engineer-7 Updated 

Awaiting wave B to test the resistance zone (mentioned on chart) is a good idea to continue on downward direction to complete wave C this is to be failed if prices closed above 22662 by H4 candle . Good luck

The-Engineer-7 Updated 

US30 has completed complex correction as wave B and we are looking for downward in wave C as long as the peak never breaks the peak as mentioned on chart

The-Engineer-7 Updated 

CADJPY Is about to continue in upward direction as long as price never break wave B at 99.00 Also the reason for this that the previous structure has completed Wyckoff accumulation pattern

The-Engineer-7 Updated 

USD will continue on upward direction, this is because no break of wave X at 103.76 otherwise the analysis to be failed. Good luck,

The-Engineer-7 Updated 

The correction still not completed since price does not break wave W yet, So a triangle correction is about to be completed before to start in downward direction as wave C, this is to be failed if price breaks 1.2148

The-Engineer-7 Updated 

An alternative scenario for long direction as long as price never breaks 1.04805 $ reason for this idea is price at demand zone.

The-Engineer-7 Updated 

We think that GBPAUD will continue for downward direction as long as no breaks for wave x at 1.79611 another reason for this is the price now at a strong supply area another reason also that a hidden divergence is clearly occurred on highly time frame (daily and H4)

The-Engineer-7

Crude Oil may go for upward direction because the y wave is completed, the next move is to create at least the wave X as long as price never breaks 70

The-Engineer-7

EURUSD at a critical are since 1.04805 is a confirmation for the next moves, if price break it we will look forward to short direction after any correction as per the scenario on chart, otherwise the upward direction is still stand

The-Engineer-7

As long as price never breaks 432 $ we will see downward direction to complete wave c at the zone between 336-320 $. any break out from 432 then an upward direction is expected after any correction. Trade safe,

The-Engineer-7 Updated 

Gold may go for long direction from prices between shaded area and is targeting 1800. This is to be cancelled if prices reach 1607.

The-Engineer-7

BTCUSD has another scenario which correction of ABC has not completed if so the prices may go downward to zone between 12000-4000 USD and to go upward to target 70k 100k 150k. Good luck

The-Engineer-7 Updated 

on short term Gold may finish first wave of correction as W and to move upward to create X then a downward move to create y the reason of this idea is the downward waves had completed and a diversion on indicators accrued on last 2 bottoms (3 and 5 ) Good luck,

The-Engineer-7

GBPCHF still in wave B as composite correction we will look for upward direction from shaded area on chart. The analysis to be failed once price close below shaded area in H4 frame. reason for this analysis the shaded area completed ABCD pattern in addition it is a demand zone. Thanks and good luck

The-Engineer-7 Updated 

GBPCHF May finish correction as a triangle abcde - then to start upward wave C Reason for this idea that triangle is clearly completed as long as prices dose not break 1.104200 Good luck and trade safe,