saif12

saif12 Updated 

It seems NatGas is finishing wave #2, wait for wave 2 to end, before riding wave 3. Good luck.

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I gave it some space to reverse, It may take few days to reverse, I entered with partial load as I want to wait few more days to short more.

saif12

QQQ is expected to have one more dip before starting the up trend, 3 weeks give or take.

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LABU will take 3 weeks deep down before starting the up trend.

saif12 Updated 

I am expected one more push up, it will take few day to start, probably next week. TP: 88-90

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If the wave count turns to be true, Wave three will be a gaint wave, It is expected that Natural Gas will hit $ 4:10 in the coming 5-6 weeks. I am long at $ 2.93 TP: 4:10 SL: 2.82

saif12 Updated 

The price is about to break the Flag from top and goes to 55 dollar. loaded with 50% for now (high risk), and the other 50% if and when the price cross the resistant line. This is only for sharing, Make your own judgment and take your own risk. I am taking some risk of the money already made from LABU, so no regret if this judgment turns to be wrong. Good Luck.

saif12 Updated 

Description on Chart.

saif12 Updated 

DUST long at 29$, if the wave count turns to be the case, then DUST should reach 60$. As the volatility of GOLD is very high lately, I decided to go with a small position for now to see how it will turn. I know many people got into gold long, but I see the gold is more bearish than bullish. Trade at your own risk.

saif12 Updated 

I posted DXY 4 months ago projecting that US dollar will go all the way to 102, before and major reverse. (see the link below), So far it is going smoothly and surely. For those who are bidding against the US dollar, it is not going down anytime soon. may be small retracement from here and there, but the major trend is up. Just be careful guys and think twice. Of...

saif12 Updated 

Three scenarios suggest long Oil 1) Perfect inverted H&S so far: if the inverted H&S hold (blue) then we should expect long ride until 76$ 2) One possible Elliott wave suggest that oil is in wave 2 (falling wedge, or descending triangle), ans will soon start wave 3 (green line) 3) Oil could be at the beginning of super wave 3 (Yellow wave count). 4) If the price...

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Next Target is 35-36 $. From the wave count, 1- it could be continuation of corrective wave "C", 2- or completing mega wave 2. Either way a retracement of 0.618 (35.68) is very expected. 3- Also a retracement to wave 4 of lower degree from previous run (wave 4 at early April 2016) is also expected. If the price goes below 34.72, then it invalidate all the...

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Next Target is 35-36 $. From the wave count, 1- it could be continuation of corrective wave "C", 2- or completing mega wave 2. Either way a retracement of 0.618 (35.68) is very expected. 3- Also a retracement to wave 4 of lower degree from previous run (wave 4 at early April 2016) is also expected. If the price goes below 34.72, then it invalidate all the...

saif12 Updated 

The price broke the first channel trend (blue), then broke the second trend channel (pink), and then formed the first wave (1) completed the second wave (2), and now going like a rocket with wave 3. I am in LABU long from 25. My first target of LABU was 43-45, accomplished, I raised the target to LABU=60 for now. as XBI is going easy to 85-90 Trade with care...

saif12 Updated 

Her is what will happen in 2 weeks. in the circle 1- The price will fall to enter the circle and will be tested on 100 EMA line. 2- The Trendline (yellow) and the 100 EMA will meet. 3- The price has to break the lower BB and get out of the BB. ** The day all three above accomplished, get out of short and Reverse your positions (GO LONG), it will be a very nice...

saif12 Updated 

Perfect Ascending Channel and AB=CD, The price is most probably will keep falling to reach 26.

saif12 Updated 

US dollar index is more likely to form Crab Pattern. Just waiting for the C leg completion in the coming 1-2 weeks. If the C leg is formed as expected then DXY will reach 102-104 $ to complete D leg.

saif12 Updated 

In my previous chart, LABU almost finished AB=CD pattern in a nice Ascending channel. I sold half of my short at 26.8, and keeping the other half to see how the price will act after reaching the lower side of the channel. I mean in the circle, I marked as Breakout. ** Not really sure what will happen in the breakout circle. may be a reflection and price will go...