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Still looking for one more push higher on GU. Final C leg possibly in play. 2 primary targets.
I think silver may be in the C leg of a wave 2 on the weekly chart. Looking bullish perhaps in the next few month / end of the year.
Anyone got simular ideas?
I think EURUSD has just completed wave 2 of a 5 wave move down giving us a short opportunity for early week. I think the pair has the potential to drop considerably over the next few months. We are in a potential wave 5 down on the weekly chart.
Triangle pattern now complete. Awaiting a pull back for a long entry.
Silver may have completed a substantial correction (ABC) pattern. A weekly completed corrective flag may confirm the start of substantial gains for silver. Watch this space.
I think Copper has just completed a daily correction. We are now in a D wave of an ABCDE corrective pattern. I think a target of 2.750 is now an option.
The Euro has now completed a triangle pattern (ABCDE). I think there is a strong possibility of some more down side with a potential target of 0.92766.
Does anybody else think this is a possibility?
I think we may be in an ABC correction here. Wave C in progress. 0.80000 initial target.
I think the EURGBP is completing an abc correction pattern and is going to start its decline this week. 2 potential targets in site at the 1.272% and 1.618% extension of wave 1.
It looks like cotton is going to take yet another dive. Not sure how far this can go though before hitting negative territory.
Looking for NZDUSD to target a long term downward sloping trendline at the 1.618% extension of wave 1.
Looking for a medium term long on the 4 hour chart. Looking for a target of 0.618% extension of wave 1. I think we could be then looking at some wave 5 down side in a few weeks time (Weekly chart).