WrightWayInvestments

WrightWayInvestments

As we can see in USDCHF we have an impulse to the upside with a break in a falling wedge pattern which indicates a bullish sentiment. We can also see a double bottom formed in the 4H time frame in confluence to the end of the Elliott Wave with the 5th and final movement. All of these indications align with a possible push to the upside. I see resistance to this...

WrightWayInvestments

As we can see Gold is forming a rising wedge as shown on the 4H chart. This also aligns with an impulse Elliott Wave pattern, along with some nice wicks bouncing off of the 1830s resistance level indicating bulls may be letting up. It seems Gold may be ready for a push to the down side with the confirmation of breaking out of the wedge. With breaking out we can...