The chart is pretty explanatory. We saw an accumulation last week which led to the explosion of Price towards 2148 which is referred to as the manipulation, and since the beginning of this week, we have seen Price making moving downwards steadily with high momentum which is out distribution. Price is still moving down, and I believe we would see it go 1990 -...
Price is currently in a daily distribution phase towards 1990, and we got to 2010 yesterday where Price was pushed back by an OB. The current movement of Price is not an impulsive move but a correction which is a reaction from the OB at 2010. I believe Price would take the NY liquidity created yesterday at 2030 and resume its downtrend. Its safe to buy but bear...
Looking at this chart, we can see Price was moving in a a 1HR range, from 2015, we saw some rejection that took Price down to 2005 where Price failed to close below the range, and we saw a sharp rejection at the imbalance/FVG to the upside which brought us to 2014 where Price finally closed above the range, and it continued trending up to 2017. The rejection at...
Price got a clean rejection at 1931 last week Monday, and started moving up since then. We have seen series of HHs and HLs, ad Price is currently on a zone where its next course of action could be determined. Yesterday, we saw Price show a strong rejection candle at 1965 zone which marked the beginning of the current bullish thrust. If Price breaks the current...
Price has been bullish for a couple of weeks now, and I believe its nearing its end at 2015-2020. Today, is the last day of the month, and like I projected in my earlier analysis, Price would close below 1990 which what is currently unfolding. Since the beginning of last week, Price has been consolidating, and it made a high today by sweeping 2002. Right now,...
Price has been trending up for a couple of weeks now, and it is nearing my projected end at 2015-2020 where there's an Order Block The effect of the war which assisted GOLD in pushing up so fast is wearing off I believe so we should get a rejection at the area drawn, and Price would head towards 1888. At the moment, GOLD is still making series of higher highs...
The chart is pretty explanatory. Price is currently selling , and there's a zone at 1983-1979, if Price breaks below it, we would see Price gun for 1968-1966 but if it rejects Price, the journey to 2000 would resume. Risk management is advised I would love to hear your thoughts 🤔 on this, so feel free to leave a comment ✍. Please like 👍❤ this idea 💡 if you...
Price has been moving uptrend with high momentum for some days now and we are currently on a 4hr supply zone. Yesterday, Price showed high volatility with choppiness but it never closed above the supply zone which is a bearish sign. Looking at the line chart, we can also confirm that Price never went above the supply zone, so I would advise against buying at...
The bullish momentum of Price last Friday implies we might be seeing the beginning of a new wave after the massive rejection at the demand zone at 1810. On the 3day chart shown below, we saw that MACD has shown a dip in momentum which validates the divergence of wave 2 and wave 4 The USD news released during the week also had little or no effect on the momentum...
Price has shown reversal signals on the weekly TF and it has started moving up to the upside. We have gotten a break of structure already but it couldn't take Price above 1.0600. I would suggest waiting for a retracement and start looking for buying opportunities at 1.0490 - 1.0520 region I would love to hear your thoughts 🤔 on this, so feel free to leave a...
Price momentum has weakened and we saw a daily movement which is less than 200pips today since the past 5 days with a lot of change in direction during the day. I attribute this behavior to 1. The demand zone Price got in 2. Price has completed a wave iii of the wave c for zigzag correction unfolding, and wave 4 is about to start. I would advise looking out for...
Price has been moving within a channel for a while, and it is about to rebound once more to the upside. I would love to hear your thoughts 🤔 on this, so feel free to leave a comment ✍. Please like 👍❤ this idea 💡 if you agree, and follow me for more updates ❕❕❕
The charts are pretty explanatory. Price has formed Triple Tops Price is on a Supply Zone. I wouldn't advise buying until Price breaks above the supply zone I would love to hear your thoughts 🤔 on this, so feel free to leave a comment ✍. Please like 👍❤ this idea 💡 if you agree, and follow me for more updates ❕❕❕
Price strong downward momentum is attributed to the fact that Sept 2023 candle was about to close, and Price is currently unfolding a third wave of a ABC zigzag correction. I won't advise buying until Price shows a rejections at 1800 - 1780 region which is where we have a demand zone and it also marks the 1.618 extension for the movement that started 2067. I...
Gold currently heading down, my first TP is @ 1893 while the final TP is @1834. I am waiting for a pullback to 1929 to join the ride
Price has been bearish for the last 5 days with strong momentum, it has tapped into a breaker block at 1957 and its showing some bullish momentum which I believe would push Price back to 1945-1950 region to retest a supply zone. DXY has shown weakness has Price is moving with high bearish momentum which should push GOLD higher in the coming week. Elliot Wave I...
Price has shown a clear rejection at the demand zone which has held for since the beginning of the year 2023, and DXY also closed today with a strong bearish candle momentum which signifies strength for xxxUSD pairs. Elliott Wave From the wave analysis perspective, I think we just saw a completion of wave X as Price is printing out a complex wave correction, and...
Gold took liquidity resting at 1913 got rejected in the demand zone at 1910 where Price got a big momentum to the upside and this has given the impression that a reversal is inbound for Gold Using the Fib retracement tool we can see that GOLD got rejected at the 78.6% line which is a strong reversal level for Price when starting out a new wave DXY is also...