EURJPY Can we anticipate moves like that?Hi trades,
Can we see a bigger correction before price pushing higher? Medium term sell setups and long term will be buy.
Eliottwavetheory
EURUSD analysisHi traders, since we expect dxy to continue moving to the downside, I expect price to push higher on EU. We are having ascending channel on 4h, and insde that channel there is runing flat for buy. I expect break of previus high around 1.2538 (i will update below higher tf picture for better understanding). Anyway im not sure that we will see that push this year, but deffinetly in the start of 2021. Good luck everyone, and have a nice day!
DOLAR DXY Continuation to the downsideHi traders, dxy is gaining some power and i excpect that it will make one more push to the upside before reversal. Price might reverse at 0.618 if not, then i will watch 0.786. But for me this looks like runing flat at the moment, so price shouldnt break previus high in that correction. If it will then we can expect expanded flat. This move to the upside should move gold down like i posted before. (check analysis) Anyway watch dxy to reverse around 0.618. My long term expectations for dolar is breaking under 88.00. Good luck
GBPAUD analysisHi traders, I think that we might see one more push to the upside on GBP before reversal. I want to see price to made some price action for buy, it might bounce from trendline. I see gbp index to push bit higher. Around upper trendline where i expect reverse its even daily SMA line which can nicely push price lower from that point, and there will be abc flag completed. So far we are having A and B wave in that 4h flag correction, so C wave is expected. Wait for price action before buying! Good luck
DOW 30 ending diagonal, are we gonna see nice drop soon?Hi traders, as you see US30 is forming ending diagonal, and inside that diagonal we have rising wedge pattern which can reverse, but if that rising wedge wont hold price, then we can see retest from upper trend line on ending diagonal. Anyway i expect nice sells there! I wish you great holidays and stay safe! Good luck to everyone!
BPCL - Begining of wave 3?I prefer following a 3-hour time frame to understand the larger trend of the stock.
BPCL has completed its wave 2 and its preparing for wave 3 already. Price conformation over 410.
Long term trendline breakout at 410 and its currently respecting its fibbo levels.
Price targets are around 521-540 next move :) The trendline needs to be respected for this view to be valid, any close below the current trendline will negate the view.
XAUUSD sell opportunityHi, price came to fib 0.786 from where I expect that price will turn bearish, before it will turn up for bigger buy pattern, so I think that we can get nice sells around 1855, good luck!
US30 DOW JONES sellHi traders, for upcoming week i expect some rise on dolar which will push US30 down to our fib 0.236 to complete that runing flat. Price might go and retest upper trendline again, but to continue rising it needs to complete that runing flat which needs one more low. Anyway i have good feeling for this one, good luck
BITCOIN BTCUSDHi traders, btc looks like its making correction, i want to see slowly retest of the trendline which will complete that correction as ABC flag, after that i expect break of previus high
SILVER XAGUSD analysis sellHi traders, i expect drop on silver, watch price to go and retest previus high in that correction and complete that regular flat formation
GBPJPY posibble buyHi traders, i expect rise on gbpjpy becouse price needs to break previus high 142.65 before it will reverse to the downside. I personaly see small rise on GBP index to complete sell pattern (i will post it below). Traders be careful and take care! Good luck
GOLD XAUUSD analysis possible sell opportunityHi traders, for upcoming week i expect drop on gold, but first price needs to complete that pattern, interesting spot for sell will be around fib 0.618 (1849.50) or 0.786 (1856) Watch it as price is completing that pattern for sell. My target for that sell will be 1820-1815.. good luck
Nasdaq in the next Bullrun?I would provide here some Options for the Nasdaq in the next few Weeks. I think the picture speeks for itself.
AUDCAD Sell Price is currently retesting a resistance level which is also the 50% Fibonacci level. Price has is about to complete the 5th wave
BG Breaks Long-Term BEAR TLWe have a 3rd Eliott Wave completed with RSI on Over Bought.
MACD is getting horizontal.
I think it will throwback to confirm the break over the TL, it will let the price breath for a while to take another impulse and complete the cycle.
We can expect the throwback right on TL what coincides with 0.618 of 3rd impulse and 1 of all the swing.
5t wave objective on 1.618 of 3rd wave.
Will see.
GBPCAD forecasT easy SELLin this chart u can see the eliott wave and fiBo 50% i think tonight it will be start to downtrend!
