Weekly downward correction towards EMA200D will start soon, once the price will go beyond EMA15 on daily TF Be prepared for short Target is 200-250 EMA Day that is 1,195 – 1,19
Bullish correction (wave II within monthly timeframe) has commenced agw The edge of wave II (on monthly timeframe) should end at the edge of wave 4 of weekly timeframe Hence the target is 3700 what is equal to 500points (12%) downward correction
There are two Scenarios 1&2 Scenario 1 (purple) is more likely to happen since the bulls showed weakness and failed to show upward breakout of the resistance by wave (A). In this regard, I presume the price will be developing by the way of Scenario 1 P.S. On the left side we can see the proper breakout and HH of the resistance showing the strength of the bulls
Same as EURUSD The current uptrend is the continuation of wave (B) of (ABC), whereby wave B is rather complicated consisting of (wxy). Further on the pair will go down one more time to 73 prior to the major depreciation of the rubble. So in general, the Russian rubble is not ready to devalue at this time and will start depreciation together with the major...
The current uptrend is just the wave (B) of (ABC) and afterwards the pair will go down one more time to 88,5-87,5 (the buy zone) prior to the major depreciation of the rubble, what is in line with the last up-wave on most of the markets. So in general, the Russian rubble is not ready to devalue at this time and will start depreciation together with the major...
Short till the channel resistance boarder (3760) and afterwards long Target 1 – 4200 Target 2 – 4500 P.S. This will be the last uptrend wave before the monthly correction, which I presume to happen and last for period June-November 2021
We are approaching to the major resistance made by 3M timeframe. However wave (a) of last (abc) pattern is ongoing so far. In this respect, I am awaiting SHARP wave (b) in the form of “Change in behavior” and then last move (c)(z)(C){a} prior to deep correction within M timeframe
Si is completing wave (x) of wxy and prepares for wave (y) which is likely to be very short in time and in price. Target 1 - 32$ Target 2 - 36$
We are very close to hit the resistance level 89 by wave (Z) of (WXYXZ) to complete the edge of B. It can take from couple of weeks to couple of months to hit the level. We expect the downtrend to start by summertime (May-June 2021) Afterwards the big-big sale of “junk bonds” will undoubtedly start along with deep correction on all the markets which will last...
Consolidations are lower and lower Wave (b) is likely to end which took the form of wxyxz. Wave (c) is ongoing which we are awaiting at the bottom of the channel