We're in the wave C moment! Let's see how many targets will be hit.
Time to catch BIG WAVE 3 possibly. Currently, it formed a flat correction wave of wave 2, Once it breaks the red line and we can suppose that are going to formed wave 3 Don't miss this opportunity.
Current we are in the wave 3, and last time my chart analysis mark the OB level is perfectly have a good rejection here, now we are looking for wave 4 where it is. It's around 1956 to 1960, there will be a sell opportunity to catch final wave 5, it's around 1925 level.
Currently, the price reject at fibs of 50%, the channel top to complete the wave B, Let's wait for a pullback to catch wave C Expect the price to sweep the swing low, then touch H4 OB, then have a pullback.
DOWNJONES is going to complete the sub-wave5, wave 3, and watch for break the red line to complete wave 4 of abc correction wave, and then consider to buy at wave 4 zone again.
Accroding to the Elliott Wave rule, we are currently in the sub-wave 2, zigzag correction(5-3-5) sub-wave a is an sell side liquidity, expect the price to take out the liquidity then toward to formed sub-wave c, and wave c is the best position to buy and hold it as long trade if you guys miss the buy trade at around 1075 level. Because sub-wave c is Fibs 61.8%...
At this stage, we supposed that EURJPY has completed the correction wave B This is an running Flag pattern, we focus on the price to breakout the red line to confirme the Wave C is ongoing. Watch for the breakout to catch BIG wave C!
Currently, I suppose that the final wave 5 is almost completely. Watch for the break out profit to catch wave A possibly
Last time Gold is perfectly touch 1943 level, then pullback. In the sub-wave 4, there is an imbalance here, and currently is rejected by the price. Let's catch final move of sub-wave 5, target will be around 2000 level
Today's CPI news got 3% to push Gold move higher nicely as my expectation. We've entered earily last week, and today we add more positions @1933 level before CPI news release, we catch it successfully Let's wait the correction wave B completely, then catch BIG wave C! If you like me, catch this small correction move, then bravo.
USDCAD was formed an ending diagonal, and we catched it at the bottom successfully, patience is the key I expect to move higher, but be careful at NFP tomorrow. Expect the USD is strong again.
Gold is currently at wave C sub-wave 5, and the price was not broken out 1937 level to start a bullish trend. let's be patience and wait the price drop more down to complete the wave C.
AUDUSD is going to completed the very complex wxyxz correction wave, and to completed the correction wave, it still have around 200 pips distance it may takes whole month to completed the wave 2, then we can catch BIG wave 3
Technically, we are in the impluse wave C, and let's see how it goes to. I expect to go down to the red dot line as my target.
USDJPY is in the Daily imbalance, I expect the price will a little push up, now we can focus on this zone to observe what's happen in the H4 and M15 time frame to find a confirmation entry
Gold is moving on the final wave 5, during lots of correction move at several weeks, I expect to the price will have a final push up to around 1946 level we can wait and see the price kiss to this level then start a bearish trend
USDCAD is moving on final sub-wave 5, I expect to formed a falling wedge, and the final wedge point will be sweep, then hit the Daily bullish OB We can catch the BIG move soon!
Currently, gold seems to reject at the 0.618 of fibs, the wave 5, sub-wave 3 may break the supply zone, then continuous to go down This is what I expected movement.