Recent news has been flaming gold owners as the price of gold keep dropping to this day. This might happened since a lot of traders and investors are switching to cryptocurrency. In accordance with the Elliot Wave technique supported by a Fibonacci retracement, the price of gold might fall as far as 1569.816 before rallying up.
The rally is a huge possibility...
This is a company in Indonesia thus if you try to search it in overseas broker you will not find it. But nevertheless, it's will be a good example of an undervalued company.
The data provided was from investing.com
In summary:
AKPI asset in 2019: 2,776,775
AKPI liabilities in 2019: 1,531,744
Current ratio: 1,8 (above 1,5 minimum)
A decline in 2019 is caused by...
I'm writing on my tablet so forgive me for weird grammar.
Looking at the Daily Timeframe, we can see that a long correction has taken place and the current candle is bearish.
Now moving on to the 1 hour timeframe, we can see that there's a high possibility that it will continue to go bearish.
if the price move way pass 1.08690, high chance it will drop to...
Looking at the BITCOINT movement today, we can see that BTC has reach WAVE 5 of EW. A shoulder pattern has also shown, bearish engulfing signaling the first drawback, and a doji confirmed the drawback. A short position have a higher chance of success.
Trade with care.
This merely a prediction, trade with your own risk.
This is merely a prediction, all unpredicted move is connected to how the market react
Looking at 1H timeframe of Bitcoin, we can see that right now we are moving into a corrective session. From here we can see that correction C is in the making.
There's two possible outcome based on Elliot Wave.
1. The market went up and hit the top line and it bounce down...
Looking at the 1D chart. We can see that the making of Wave 3 is in motion. You can start your buy order now, But the safe point will be the end of Wave 1. If the chart has reached the end of wave 1 or even pass it, we can be sure that a 3rd Wave is in motion.
We won't see any trend reversal any soon. I predict that BITCOIN will reach a new high, way beyond they...
Well, this is interesting... Yesterday both 1D and 1H timeframe shows the making of wave 5. This is a good indicator that a long wave 5 is in motion. My suggestion is to wait for a few more hours since the price is going down (about three candles more or less) before you start your BUY order. There's a possibility that the price is going downfall to the bouncing...
Looking at the 1H timeframe, we can see that the C wave is in session and going bearish. To prove this we go to the 1D timeframe, and according to the charts, we can see that wave 4 is in motion. This conclude that bearish is going to happen for at least 200 up to 400 pips down.
Trading with care!
The weekly EURUSD chart hit bullish this week and I think we've all can see more bullish patterned in the future for quite a long time. We have wait one week to see how the market going to react and it react pretty good. Ready to put your long order tomorrow and set your stop loss right. Remember, trade carefully.
After a strong buy and sell movement over the past few days, EURUSD finally hit a new low and break the support level. Seeing the old wave movement, there's a possibility that a higher power could bring the EURUSD to an even much more lower level. Trade safe guys.
