The-Engineer-7

The-Engineer-7 Updated 

Gold may complete wave 4 as a complex correction WXY before start upward direction as wave 5 an update will be published in lower time frame to get best entry. Thanks

The-Engineer-7 Updated 

we are looking forward for short direction as wave c to complete the wave 2 correction as an ABC , reasons for this idea we notice that wave B had completed as ABC and negative diversion on MACD indicator between last tops. Son as long as prices never breaks 33938 we will continue on downward direction. Thanks and Good luck,

The-Engineer-7 Updated 

as long as prices never breaks 114.778 USD will go for short direction as wave 3

The-Engineer-7

The downward wave 1 is about to be completed near 102.200, we are looking for upward direction as long as prices never breaks 102.200 , another reason for ending the downward direction is a triangle correction (wave 4) which always come before last wave. in addition a clear diversion in MACD indicator which is a signal for new direction.

The-Engineer-7 Updated 

as we are in complex irregular flat correction in wave 2 we are looking for downward direction to complete the pattern through wave 5 of wave c a long as wave 4 never breaks wave 2 of c which is basic rules of Elliot principle Good luck,,

The-Engineer-7 Updated 

The correction in wave 2 may end at shaded zone and create a running flat correction pattern in addition this zone will complete a BAT harmonic pattern, short direction may start there to target 17k USD and 13K USD . This is to be cancelled if price close above 22871 in H4 time frame. Good luck,

The-Engineer-7 Updated 

EURUSD complete correction as ABC and may go for short direction as wave 5 to complete ending diagonal as long as wave 4 never breaks wave 2 at 1.0370 which is a basic rule of ELLIOT. Good luck,..

The-Engineer-7 Updated 

GBPAUD we are looking for correction in downward direction as wave 2 since the prices had completed wave 1 as 5 waves the analysis to be failed once price close above 1.819910 by H4

The-Engineer-7 Updated 

AS technical analysis LCID may go for long direction from prices between 12-10 USD This is to be cancelled once price breaks 9.6 Note fundamental reports shows negativity in last quarters. trade safe...

The-Engineer-7 Updated 

BTC started for wave 3 of 5 as short position which is targeting 13,000$. This is to be cancelled if prices reach 22,700$.

The-Engineer-7 Updated 

expecting for oil long direction as long as no breaks under 82.35 as mentioned in chart.

The-Engineer-7

expecting for oil long direction as long as no breaks under 82.35 as mentioned in chart

The-Engineer-7 Updated 

EURAUD may finish the correction wave 4 as expanded triangle we are looking forward for short direction targeting 1.4000 this is to be failed if prices closed above the shaded area in daily time frame.

The-Engineer-7 Updated 

Eurgbp may correcting as wave 4 of ending diagonal which we are looking forward to end at prices between shaded area, Then a long position may start at those prices targeting 0.9600. This is to be cancelled if prices close under shaded area by daily candle stick or if prices hits 0.83400

The-Engineer-7 Updated 

as H1 time frame I think the wave 3 is about to finish, awaiting prices to finish a correction as wave 4 (at shaded area between prices 1692 and 1682) is good opportunity for another long position. This is to be failed if wave 4 breaks wave 1 at 1674 which it shouldn't be happened on impulsive wave rules

The-Engineer-7 Updated 

EURUSD may now in correction wave 2 after finish wave 1, long position is good opportunity from prices in shaded area to look forward for wave 3 . I suggest a 50 pips under the shaded area as a stop loss.

The-Engineer-7 Updated 

EURUSD may finish wave 5 as ending diagonal we will expect bullish from prices between shaded area as mentioned in chart. This analysis to be failed once price breaks 0.9532

The-Engineer-7 Updated 

GBPUSD is still in short direction, we are looking for starting an impulsive wave 5 from prices between shaded area targeting at least to break wave 3 at 1.0360. all this analysis to be failed if prices break 1.1360.