Gold is near the daily floor, but didn't want to drop all the way. I do not like that zone, there is a daily and a new hourly Key Level. If you trade here with 500 pip SL from zone to zone. News is coming out in 20 minutes, I will be watching for a News trade today, about 30 minutes to 2 hours after News, when market has calmed down.
Analyzing the XAUUSD 4-hour chart with Elliott Wave Theory, the chart indicates the following: - The chart shows a completed five-wave structure with the current correction phase. - The chart is in the process of completing wave (c) of the correction. - The target for wave (c) is at the following levels: - The 0.618 Fibonacci retracement level at 2281.525 -...
The NASDAQ (US100 CFD) 15-minute chart indicates the following using Elliott Wave Theory: - The chart shows a completed wave (5) and is now potentially starting a corrective wave sequence labeled as (a), (b), and (c). - The target for wave (c) is at the 1.0 Fibonacci extension level at 18527.5. This setup suggests a potential short trade, targeting the specified...
I'm analyzing CADCHF on the 15-minute chart using Elliott Wave theory. We've completed waves (1) through (5) and are currently seeing the beginning of wave (a). The price is currently around 0.66645, and I'm anticipating a move up towards the Fibonacci retracement levels for wave (a). Based on Fibonacci levels, my targets for this long position are: - 38.2%...
I'm analyzing AUDJPY on the 15-minute chart using Elliott Wave theory. We've completed waves (1) through (3) and are currently seeing the beginning of wave (4). The price is currently around 104.264, and I'm anticipating a move down towards the Fibonacci extension levels for wave (5). Based on Fibonacci levels, my targets for this short position are: - Wave (4)...
I'm analyzing AUDCHF on the 15-minute chart using Elliott Wave theory. We've completed waves (1) through (3) and are currently seeing the beginning of wave (4). The price is currently around 0.60482, and I'm anticipating a move up towards the Fibonacci retracement levels for wave (4). Based on Fibonacci levels, my targets for this long position are: - 38.2%...
I'm analyzing USDCHF on the 15-minute chart using Elliott Wave theory. We've completed waves (1) through (5) and wave (a), and are now seeing the beginning of wave (b). The price is currently around 0.91180, and I'm anticipating a move up towards wave (c). Based on Fibonacci levels, my targets for this long position are: - 0.618 Fibonacci extension: 0.91511 The...
I'm analyzing AUDUSD on the 15-minute chart using Elliott Wave theory. We've completed wave (a) and wave (b), and are now seeing the beginning of wave (c). The price is currently around 0.6631, and I'm anticipating a move up towards the 0.618 Fibonacci extension level. Based on Fibonacci levels, my target for this long position is: - Wave (c) 0.618 Fibonacci...
I'm analyzing the SP500 on the 15-minute chart using Elliott Wave theory. We've completed waves (1) and (2) and are currently in the final stages of wave (3). The price seems to be finding support around the 5276.14 level, indicating a potential reversal into wave (4). Based on Fibonacci retracement levels, I'm targeting the following levels for wave (4): - 38.2%...
I'm analyzing BTCUSD (Bitcoin vs. US Dollar) on the 15-minute chart using Elliott Wave theory. We've completed waves (1) through (5) and wave (a), and are now seeing the beginning of wave (b). The price is currently around 67686, and I'm anticipating a move up towards wave (c). Based on Fibonacci levels, my targets for this long position are: - 0.793 Fibonacci...
I'm analyzing the US100 (Nasdaq) on the 15-minute chart using Elliott Wave theory. We've completed waves (1) and (2) and are currently in the final stages of wave (3). The price seems to be finding support around the 18725.7 level, indicating a potential reversal into wave (4). Based on Fibonacci retracement levels, I'm targeting the following levels for wave...
I'm analyzing the US30 (Dow Jones Industrial Average) on the 15-minute chart using Elliott Wave theory. We've completed the sequence for waves (1) through (4) and are now forming wave (5), which seems to have bottomed out at the 1.673 Fibonacci extension around 38612.83. Given the current structure, I'm anticipating a corrective wave (a) to the upside. My targets...
I'm analyzing XAUUSD on the 1-hour chart using Elliott Wave theory. Currently, I see a completed sequence for waves (1) through (4). Now, wave (5) is forming, and I'm targeting two potential levels: 2321.390 and 2294.949, which is the 1.618 Fibonacci extension of wave (1). The current price is around 2342.875, and I believe the price is poised to move lower...
The GBPCHF (British Pound to Swiss Franc) 30-minute chart indicates a potential long trade setup using Elliott Wave Theory: - The chart displays a complete Elliott Wave sequence (1)-(5), indicating the end of a downward corrective wave (a). - After the completion of wave (a), a corrective wave (b) is expected to retrace to Fibonacci levels. - The Fibonacci...
The EURJPY (Euro to Japanese Yen) 30-minute chart indicates a potential short trade setup using Elliott Wave Theory: - The chart displays a complete Elliott Wave sequence (1)-(5), indicating the end of an upward movement. - After the completion of the 5th wave, a corrective wave (a)-(b)-(c) is expected to occur. - The Fibonacci retracement levels for wave (a) are...
The EURCHF (Euro to Swiss Franc) 30-minute chart shows the following setup using Elliott Wave Theory: - The chart displays a complete Elliott Wave sequence (1)-(5), indicating the end of a downward movement. - After the completion of the 5th wave, a corrective wave (a)-(b)-(c) is expected to occur. - The Fibonacci retracement levels for wave (b) are projected as...
The CHFJPY (Swiss Franc to Japanese Yen) 15-minute chart indicates the following using Elliott Wave Theory: - The chart displays a complete Elliott Wave sequence (1)-(5), indicating the end of an upward movement. - After the completion of the 5th wave, a corrective wave (a)-(b)-(c) is expected to occur. - The Fibonacci retracement levels for wave (a) are...
The AUDNZD (Australian Dollar to New Zealand Dollar) 3-hour chart indicates the following using Elliott Wave Theory: - The chart shows a complete Elliott Wave sequence (1)-(5) followed by a corrective wave (a)-(b)-(c). - The corrective wave (c) is projected to reach the 1.002 Fibonacci extension level at 1.08057, with an extended target at the 1.618 Fibonacci...