Well, BTC now at the wave 3 of sub-wave2, expect to retrace to the bearish Order Block, that is OTE as well, but it may take some month to reach and completed the movement. How do you think? 2023 is not so much will happen with crypto. 24/25 is when the face melting bull market will happen, same with all other crypto cycles. I CAN'T WAIT, TONS of money will...
Gold has a technically pullback move higher to completed the sub-wave 4 Where sub-wave 4 goes to? I expect to move higher to the BPR zone where is 2001 level, there is also a supply zone as well If price is rejected at this zone, then it means toward to wave 3 around 1932 level.
We've entered at the gold line price level, basically NASDAQ just sweeps SSL, then have a nice rejection at the Fib 618 then let's have more patience to wait the price purge BSL as the 1st target.
If breaks the red line, start to toward to sub-wave 3
Looking for one more move up to the FVG zone, and expect reject here to have a false breakout the downtrend channel, then go down
Expecting the gold fly to the 1985 ob level, and look for more pullback to the ob zone, then consider the short trade. If you guys still hold the sell trade, can consider hold for it.
Wave 2 retracement will be confirmed once we break the bullish trendline. You can trade the wave 2 correction but remember to take quick profits and breakeven as soon as you're able to. The bigger and better trade setup is the move down which is going to be massive. We just need to mark up wave 2 correctly when it happens
This correction may take all week. IF you want to look for intraday trades, you can look for a bullish setup once the trendline breaks. Remember to take quick profits as it may be a messy correction. For those who want to just focus on the swing, just let this correction develop and we can draw an entry trendline on wave C and catch the next swing
From the yesterday chart posted, it may has a chance enter at 2024 level, and expected when the price hit 2037 level, it may has a little pullback But we keep hold from 5th May positions, and entry model is purge Liquidity -> FVG -> OB after MSS Elliott wave helps us to understand how the trend is continuous or ended Now today has CPI news at NY session,...
AUDUSD formed complex correction of WXY, now X point is almost completed Let's wait the price breaks the red line, target will be the Y point of blue line
Gold must break BSL then expecting bearish so sell think after buy side liquidity taken good luck
From FOMC yesterday, swept the BSL, then price rejected the supply zone, I suppose that the wave 5 was completed Now I expect to the price down to H1 OB, then pullback to orange zone, expect to catch this bullish trend around 2044 level
Daily time frame review, the price is purged the BSL, expect the price move around BB level, then BIG FALL, must to catch this long trade around 1000 pips!
In Daily time frame, price just sweeps the SSL and formed SMT, then go up, we already in from last week. If not in, watch for the bearish trendline to break indicating that we're in wave 2 retracement (correction). The lower the correction goes, the better as we've got a strict invalidation level to work with
Expect the gold may has a final correction, then go more down to completed wave 4 BUT! if it strong breaks 1960 level, we may change to wave 2 and lood more deeper Anyway, need to have a trade plan and the patience is the key
Let's calm down to review the chart by yourself and tell us what you see and your insight.
Last time we hold 25 days from the bottom to the top around 600 pips, now there is a chance to hold another 25 days to catch another BIG movement.
A few days ago, we've entered and hold 1st position around 3000 pips til now. Technically the price is going to retrace to around buy zone that I marked and expect to completed the wave 4 Then go up to sweeps the BSL(Buy side liquidity) to formed wave 5 and the expected target will be around 35400 level