I will be following this daily chart as my roadmap for trading Loonie this year.
GBPUSD is ready to fall 800 pips. After that, it will make spectacular rise. Please use proper risk management and position sizing.
According to elliott wave count, AUD is now making extended wave 5, it will be the final impulse move to the upside, and expect an ABC correction to the downside!
Update to my previous AUDUSD analysis. Its time to sell AUDUSD. Targets have been placed. Goodluck!
Tomorrow's OPEC+ meeting will be a disappointment. Atleast thats what the chart is telling me. I predict Russia will not agree to extending the oil output cut, and that will start the crude oil waterfall, all the way down to $20 or more. A 5 wave impulse wave to the upside is nearing its completion, followed by 3 wave A-B-C drop, I have marked the downward move...
I am posting my elliott wave count projecting for Gold futures going down to $1500 level. Please use proper risk management, money management and position sizing. The topic will be updated as seen fit. Like my post, follow me, comment on it and I will be frequently sharing my counts of the markets based on trend analysis and elliott wave theory. Thank you for...
Crude Oil has completed impulse wave 5, and has finished doing A,B correction of ABC. Now expecting corrective wave C to unfold, reaching at the minimum 0.5 fibonacci ratio to possibly 0.618. This will complete a bigger cycle wave 1 and 2, and from there I expect crude oil to go up for bigger cycle wave 3.