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BTC / NASDAQ ratio / still two months consolidation, we either have ended or we can still see final drop , followed by bullish reversal where Nasdaq should rally for historical highs

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Yesterday reversal daily shooting star and failure to break 1834 level indicates bearish momentum. the count is now W at 1917 , X at 1600+/- we made abc to 1834 as irregular flat, i at 1834 ii at 1831 high yesterday iii impulse to challenge 1750 low iv corrective should not exceed 1790 v impulse that should break 1750 to test 1680 1640 1600+/-

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GBPUSD , corrections at 1.3820 1.3740+/- as entry levels stops 1.3640 TP 1.4400 1.4800 1.5000+/-

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taking into consideration media headlines with Delta Covid increasing cases, any lockdown which might be likely + stimulus, will push stocks higher, gold higher , DXY already formed a bearish weekly reversal. So for time being, gold either trend up continuation or at least higher degree correction to 1840 1855 1870.

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either wave iii of 3 or x or c to terminate at 1850 1870 followed by y leg or abc impulse to test 1680 1640

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On daily we might be forming an impulse 5 waves to 1730 1670. AS long we do not break 1900 level. Downtrend scenario is valid. A break below 1850 and 1820 will accelerate downtrend.

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we have made 3 waves impulse h1, so far the wave structure looks 3 I am looking at wave 4 completion abc at 1900+/- followed by an impulse wave 5 if we break 1847 level, gold should test 1830 1805 1790 corrections should now exceed 1907 or 1920 to keep bear momentum.

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Gold: A break above 1920 will confirm the start of fifth wave aimed at 1933 to 1944+/- A break for 1878 and 1873 indicates an alternation with abc move , A at 1973 B at 1848 , C should be at 1805+/- as 1.27% extension of A.

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currently in wave 4 progress .. correction at 11220 112270 followed by wave 5 that could be flat and test 11070 23% fib level or might extend lower to 11900 or 11700+/-

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Gold: we finished wave A currently in wave B corrective aimed at 1300 1305 1307+/- Wave C follows testing 1280 low / of we break 1280 / technically we should then we will target 1272 1264 and potentially 1250+/- Recommendation: Short at 1305 1309+/- SL: 1316 TP: 1295 1287 1280 1272 1264 1250+/-

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EUR/USD is still under pressure unless price breaks 1.1420 currently we are at 0.786% fib levels which makes perfect entry if you are still bearish on EUR 4 minutes ago Comment: Entry levels: 1.1350 1.1390 SL: 1.1425 TP: 1.1110+/- TP: 1.1070

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Gold peeked to 1347 high then plunged at 1282 low. We made a correction below 50% fib level at 1311 high followed by aggressive selloffs on Thursday with 1292.78 low and closed at 1295.93 forming a bearish engulfing daily candle. I was watching for 1314 or 1323 ( 50% & 61.8% levels ) to short it but we failed and instead of that, we got only 1311 high. On RSI we...

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Gold peeked to 1347 high then plunged at 1282 low. We made a correction below 50% fib level at 1311 high followed by aggressive selloffs on Thursday with 1292.78 low and closed at 1295.93 forming a bearish engulfing daily candle. I was watching for 1314 or 1323 ( 50% & 61.8% levels ) to short it but we failed and instead of that, we got only 1311 high. On RSI we...

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EUR/USD: standing are two potential scenarios: 1- Bullish: Inverted and shoulders as a reversal pattern with a break for 1.1410 bullish confirmation level where price should test 1.1510 ( existing resistance trend line ), with a break above it will test 1.1570 - 1.1610 - 1.1690 Fib levels. 2- Bearish: Where we are in wave four correction ABCDE as bearish...

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DXY ?? running to 98.00 98.20 once we complete retracement 96.60 50% fib level ABC correction , will see if we break 96.40 or 96 it will be bullish for euro and EUR/USD will test 1.1350 1.1388+/- and bearish for DXY , testing 96.60 and bouncing from it is a confirmation for next target 98.00 98.20. DXY with two targets 98.20 1.414 extension and 98.60+/- , then...

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GBP/USD: still has bat pattern targeting 1.2570 - 1.2530 if we broke 1.12700 level. GBP/USD rallied last week to 1.3170 , but the cast price couldn't break 1.3300 level , keeps pattern still opened to swing target 1.2600 and allowing 1.2570-30 1.127% extension. Recommendation: Sell at 1.2960 Stop loss 1.3100 Take profit 1.2900 - 1.2790 - 1.2700 - 1.2600 -...

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EUR/USD intraday bearish , daily bearish RSI and MACD are has broke trend line indicating further downside action. Potential for 1.1200 testing 61.8% of major bull cycle. Allowing market volatility and reaching falling wedge test at 1.1180 considering U.S Index strong performance. U.S Index as a swing target at 98.00 , which could be an indication that...

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Gold has broken broken rising channel level 1219 indicating an end of minor bullish cycle. RSI was diverging at 1236 along MACD showing a high potential for bearish momentum. U.S Yield curve bonds are at historical high levels since yesterday hawkish FOMC statement which adds more pressure on the precious metal. Technically, RSI and MACD indicate a new...