Here trader, watch carefully the 1620 area, which will be the confirmation of GOLD severe bull move, always use small lot, good luck for your trading, I will update under this thread, keep visiting.
Right now, AUDNZD is trading at 1.02935, If we see H1 candle close above 1.0300 then we will look for retest of 1.0300 line, we can go for longs on AUDNZD on retest, and could target 1.0350. keep updated, about all signals, will inform i necessary on this thread.
wait for the breakout above the line drawn, go for long on retest, good luck
Why Stagflation? Because Copper tells me, that bottom is ~1½-2 years out - unlike the bottom in Commodities, which is only weeks/months away. So - economy will continue to slump - while prices start to climb! Please observe how precise this chart has been as well!
Hello Traders, keep close eye on EURUSD in next couple of hours, if it does the breakout then wait for the retest and go for longs, target should be 1.0950, next resistance level. I will try to update idea in the thread, down in the comment section.
US30 (DOW JONES) BUY LIMIT 19550 SL 19000 TP 21000
I have analysed GOLD at all suitable timeframes and we achieved 360 PIPS today. Check this thread. If you have any question or suggestion please comment. Analysis is based on Elliot Wave Theory.
since deflation is not over, we will continue to see decline in AUD as well as NZD pushing AUDNZD down and down, at 0.95 we will see SECULAR BOTTOM and better things will start to happen. Chart of other time frame are also attached in comment section.
Inflation gauge #AUDUSD has not reached target yet - but plunging towards the target, I have set up <0.5. This is an indication, that #Deflation phase is not over yet! Again - when target has been reached we will have a SECULAR BOTTOM. Major consequences for markets and economies
CRB has also reached the target area. Still, I expect further lows - following some sideways consolidation. Throw-over is to be expected for a Ending Diagonal. The significance of the bottom cannot be over-emphasized. This is a SECULAR BOTTOM - and the final low for inflation!
Deflation still ongoing and we are in phase of extreme liquidity (USD) shortage! DXY has been soaring (again as expected in my charts). Target is ~111-113 to be reached within few months. At 120, Fed/US admin will likely enter with new kind of stimulus. Something extraordinary!
Wheat also indicating, that #Deflation not over yet! Major decline to come before SECULAR BOTTOM is in
Oil has reach the target of ~20 USD. But - I don't think we have seen the bottom yet! Why? Technical. I think we will see a triangle forming as wave iv - before Oil plunges towards its final target ~10 USD. Deflation not done despite massive CB and fiscal intervention!
What I see is a crash in EURCHF due to global crisis of coronavirus. Our first target is parity and 0.9000 as final target, this is the point where EURCHF will form secular bottom and continue to rise in STAGFLATION time.
What I see is a crash in EURCHF due to global crisis of coronavirus. Our first target is parity and 0.9000 as final target, this is the point where EURCHF will form secular bottom and continue to rise in STAGFLATION time.
Silver has been more honest to the real outlooks for Commodities and Gold. XAGUSD topped in 2016 - as it is correcting in an ABC (like I thought Gold would!!:grimacing:). The correction seems to be done and XAGUSD has started its journey towards ~8.4
what EW points out for Gold is it rally since 2015 is a Bear Market Bounce which drives investors in on the wrong side of market before a plunge! And I mean Crash! Wave C will be relentless and longs will get annihilated. Ready for 45-50% loss during #Deflation?
Large Ending Diagonal for Oil . Observe, we touched down on the ~20 USD target, I have had for so long. Then - are we there yet? Is it over? No - unfortunately not! I will show more this weekend. But for now we bounce