I am expecting more move to the downside, target is as shown on the chart
GBpusd is printing an emerging shark pattern with a minimum termination of the D leg to be at 1.26800. This is also in confluence with the elliott wave analysis that we are expecting the double combo (W-X-Y) correction to complete at this region.
Elliot wave count on usdcad suggests there should be another move to the upside to make up the wave 5.
I am anticipating DXY to move straight to 94,800 region which is our last target for the double zig zag elliot wave correction before we now get prepared to short dxy asa resumption of bearish trend.
I am expecting a bullish move (wave5) of an impulse wave to complete around 14300 price region. Goodluck
The elliott wave analysis on the chart points at the resumption of the bearish impulse wave. So we expect price to get to 0.6400 region
Audnzd prints a shark pattern which is currently around the potential reversal zone.
I am expecting a double zigzag wave combo instead of a simple ABC correction before we see the sell trend. I am expecting a buy to 0.5900 regions.
Bitcoin analysis based on Elliot wave shows we are currently on the Wave 3 which will be the longest of an impulse move.
An Elliot wave outlook on nzdchf shows we may be seeing a leading diagonal as our wave (I) and an expanded flat as our wave (ii). we expect a sell from the current region to complete wave 3. we target around 0.59000 region
We expect the pair to complete the Elliot wave double zigzag correction @ 0.93000 before we see an opportunity to sell
The chart analysis shows we are currently in wave 3 of wave(v) of a motive wave. So we recommend a sell from this region with a target of 0.6900 The invalidation level is as shown on the chart. Goodluck
As analyzed last week, we expect another swing down on Gold
An opportunity appears to short NZDUSD All eyes on the wave 3 of this pair which should be ideally longest of the impulse wave
✅GOLD OUTLOOK ✅ From the daily time frame, shows a high possibility of a downward move, I suggest we should expect a double zigzag wave combo instead of the simple ABC correction in this case before the bulls resume for the uptrend. A break above the 1930 price region will render this analysis invalid and will signify completion of the corrective wave on the...
USDCHF shows an opportunity for buy. A breakout of the neckline and a bullish candlestick confirmation is expected at this region. Ideal stop loss is price region below the right hand shoulder. Target is as shown on the chart
We are currently analyzing a possible inverted head and shoulder which shows a reversal chart pattern that the previous downtrend might has ended and the the former uptrend may resume. We expect a retracement to the neckline and a candlestick confirmation to trigger the buy order. Target is as shown on the chart and the ideal stop loss should be set below the...
Bitcoin shows that it has not completed it corrective move, There is a high possibility of a weakness in bitcoin price. Goodluck