I expect a correction from 2700 levels. However, the main trend is of course upwards. In a short period of time, 3 may be completed and the correction for 4, which is yellow, may begin. 1-3 measurements in the larger wave and 1-2 fibonacci measurements in the short wave suggest that a correction may come from these price levels.
I want to see a bull trap at 38 usd levels and I will be waiting for it. I don't think the price in the correction has completed it yet. 38 usd level is the level I will stay on track for the moment. I am waiting for the completion of the B phase at this level and then I will wait for the purchase.
Although the w-x-y complex smoothing over 70K is invalid, it is impossible to be sure that the smoothing is finished unless it is seen over 74K.If the smoothing is finished at 50 K and it is one (4), then 74K will be broken, otherwise it is possible to see the 50 Ks again.
On 1.12 (3) will be completed. However, if 1.12 cannot be broken, the (4) correction may not be completed and the double zig-zag correction may continue. I will be following the critical support points. So 2 and (4).At the same time, the preservation of the (2) - (4) trend will give us an idea that (4) is complete.
The formation still continues in the triangle and no violation has occurred. We need to follow the 132 Usd level. If this level is exceeded, the pattern will change.
The short-term wave may be completing in the form of 4 triangles. To be sure of this, the C wave inside the triangle must not be violated. There is no violation of the rule at this time. However, it seems possible that it could retrace up to 88.7 per cent. I will continue to be on the long side of the triangle with a stop below C. At the same time, I expect the...
Lower lows and rising lows continue.I continue to distribute in phase C. There is no change in my thinking and analysis.The data from the USA signals that the interest rate cut will last longer than expected. Therefore, I will continue to stay short.
Gold is currently distributing in Phase C. At 1980 usd we will see if we will make a bear trap or if the bears really dominate the market. For the time being, the outlook is that the distribution continues / If 1980 usd is broken, 1930 and 1910 levels will come to the fore, respectively. Considering the Chinese holiday in February, I think the USA will make good...
Trade will be planned according to Wayckoof and EW count. The 2090 level will be interpreted as a continuation of the gathering with its breakdown. A UTAD that will occur in Phase C will lead to thoughts as a distribution level.
The composite man with the bull trap in Phase C wants to sell to those who are over-sold.We'll wait for the Faze D fracture and I'll start selling as soon as the LPSYs are formed.
A cycle ending at 2010 usd was completed and this was interpreted as the first wave. Currently, the second wave around 1950 usd seems to be completed with zig-zag correction. 1950 usd will be interpreted in this way as long as it continues to be protected.
It is an analysis made considering that it is still in the correction wave. ENTRY 1836 SL 1840 TP 1804
Wave 4 could be in progress as triangle we will be following
Short term short position.ii of (v) is in progress is the idea.
The decline may be completed with a triangle formation.There has been a pullback up to the FIB 76.4 level, I want to take risks from here.it is wise to consider short-term decline. RR satisfactory
Stron divergence at the level of 100 % FIB EXTNS. and between 50% and 1%.I am waiting short term bounce from this level.I am long
H&S patter ctitical support if (b) has been completed at this level we could see ore up side movement at the pair.ı am still long I am going to add more after breking of the neck
I think it can be completed in a triangle shape. But it is too early to decide.