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We're in a bullish sequence on USDZAR, we're in a wave 3 phase which will unfold as an impulse wave. USDZAR will most likely trade bullish based on inverse correlation where XXXUSD trades on the bearish side. We can expect a minor pullback which may result in a significant buy very soon.

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We can expect to sell continuation on GOLD, we are in the last leg of the correction pattern. We are in a wave C of a Y leg. A Zig-Zag is a simple correction where waves A and C are equal.

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Price will most likely continue moving in the downside direction as a wave 3. Wave 3 is usually projected as a 1.618 Fibonacci extension level.

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Gold sells continue to play the bearish side. We are in a zig-zag correction on the Y wave of double zig-zag. The wave C on the blue degree is always a motive wave we can expect a 1-2-3-4-5 sequence. We can expect the price to break below the (A) leg on the blue degree. We can project wave C to be equal to wave A.

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Price is continuing to trade bearish to complete the 5th wave. Often times wave 1 and 5 are equal so we can use that idea to project wave 5 completion. Price will most likely continue trading in the parallel channel.

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Price is trading in a nice Zig-Zag correction pattern in the bearish direction. We can expect a last drop before the next buys as a wave 3 for a bigger degree. One thing to focus on is the potential level at which the price might reach to( golden Fibonacci levels). Understanding that waves A and C are often equal can help us identify a potential turning point of...

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We are in a change of trend on GBPUSD, the price has been in a corrective phase as a double correction pattern. The correction is currently over we can expect some potential impulse moves to occur on the bearish direction.

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USDCAD is in a classic impulse pattern. Waves 1 and 4 are not overlapped, wave 3 is not the shortest wave compared to waves 1 and 5 and waves 1 and 5 are equal. It's safe to say that the impulse phase is complete and we are most likely to start trading in a corrective phase. Not certain how long the correction will last but the price can be 100% of the previous...

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Gold update, previously on the Monthly timeframe I anticipated a slight drop(correction). And it's still an ongoing bearish trend, On the Daily timeframe the bearish bias is still valid maybe it will be short-lived. We are in a double correction pattern where all of the waves are corrective patterns. The wave (Y) is still on the first leg of the sub-pattern, a...

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Price is ready to trade bullish, as impulse phase. We finished the corrective level at the 78,6 Fibonacci multiple levels. Wave (A) and (C) are currently equal suggesting that the zig-zag correction is over. The wave (C) of the zig-zag is an impulse pattern. And the impulse confirms that we are potentially over. Waves 1 and 5 are relatively equal as well and the...

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Price Is most likely to trade bullish on the NZDUSD for the upcoming weeks to months, it's clear we completed the corrective phase of the double correction pattern. A double correction/ combo is a type of corrective pattern where all of the sub-waves are correction patterns as well it can be any corrective pattern except a triangle pattern for wave (W). We are...

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We have been stuck in a 4th wave of corrective moves for a while now. We will potentially start trading bearish very soon to complete wave 5 of the impulse sequence before getting any deep and interesting pullback( correction). A few key factors are true waves 1 and 4 no overlapped and wave 3 is not the shortest wave of all.

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The DXY has an inverse correlation with the EURUSD it's wise to think DXY will be bullish trading in a corrective phase currently. We will be on the lookout of the Fibonacci retracement golden zones for correction completion.

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The impulse phase is complete we can expect a correction pattern to occur. The wave (5) was a nice Ending Diagonal Pattern which is often followed by a sharp reversal. We can expect the correction to trade around 50 to 61.8 Fibonacci retracement level, it can never be 100% of the impulse wave.

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It's key to understanding the market structure in general, for a while now the EURUSD has been in an impulse phase the classic 1-2-3-4-5. Few points to highlight that validate the pattern waves 1 and 4 not overlapped and wave 3 is not the shortest wave. It's been a while since we stuck on the 4th wave phase corrective pattern which was a Triangle with a wave E...

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Now the price completed the corrective phase and now is in the bullish phase as wave 5. We are in a motive wave phase, after the textbook setup of the zig-zag correction pattern with a wave C as an ending diagonal pattern.

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We are in a wave 3 phase, wave (3) usually trades into 1.618 to 2.618 Fibonacci extension level. Price will most likely reach 2.618 as wave (2) retraced to 76,8. We are more likely to reach the old time high above price 2000.

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We are possibly in the last impulsive leg, before the next deeper correction pattern. Wave (4) didn't really touch the 38,2 Fibonacci retracement level.