Metxa

Metxa

Hello Traders, Here is a projection on EURNZD. As you can see, the last wave 5 is a truncated wave. As we expected after truncated wave 5, a zigzag will form and on very rare occasions a double zigzag can also form. We are looking for the last wave to complete the last leg of the double zigzag before the price makes a new uptrend.

Metxa

Hello traders, Here is an analysis of US30. I project an Ending Diagonal and will soon finish and complete wave 3. A small retracement on lower timeframe expected before completing the diagonal pattern

Metxa

Hello traders, Here is a projection for GOld, If wave 5 manages to create a truncated wave, most probably it will create a zigzag or double zigzag during downtrend

Metxa

Hello Traders. Here is an analysis of US500. I project that the wave continues to move uptrend provided that the invalidation does not void.

Metxa

Hello Traders In order to make a move like this, the price cannot break the "First Invalidation". This idea is based on modified Elliot wave

Metxa

Hello Traders, Here is an analysis of GBPUSD. In order to make a trend reversal, GBPUSD just need to create a Leading Diagonal. I'm combining it with a modified Elliot Wave to find the probability of the reversal point in the Daily Structure

Metxa

Hello traders, It seems that Eurjpy is making a complex correction on wave 4. Safe entry will be to wait for Wave Y in wave 4 complete.

Metxa

Hello Traders, Here is an analysis of GBPCAD. A break above invalidation will consider this scenario to fail.

Metxa

Hello Traders It seems that AUDUSD will make the final test at wave 4 before continue going down to complete wave 5. For safe entry wait at wave 4. Break above wave 4 is consider invalid

Metxa

Hello traders Here is an analysis of XRP. Waiting for reentry to buy until next resistance

Metxa

Hello Traders Here is an analysis of US30. I'm forecasting a last uptrend before we see a correction down

Metxa

Hello Traders, I'm seeing a cup pattern going to form on M30. Provided that the resi is break than i can assume that the price will go up stance

Metxa

Helllo traders, I'm expecting price to end the bearish movement on August 2022. Expecting a last wave 5 start at End of August

Metxa

Hello Traders, We are hoping that this is the last wave of C. If the price does not break the invalidation level, we can see that this is going to make a longer impulsive wave uptrend

Metxa

Hello Traders It seems that my level of RM 0.35 is already broken after the sanction had been lifted. Now I'm looking for RM 0.09 to hold up the price. In order for candle to make a new uptrend, it need to create new Higher High structure

Metxa

Hello traders, I'm hoping the EU will retest the Order Block, and the invalidation level does not break. If this success, we will see a market turning upwards for a very long time

Metxa

Hello Traders, Here is analysis on USDZAR. Price right now in wave 4. In order for price to move up, Wave 5 must break invalidation level. Those WAVE ABC is just projection. It can retrace more than 50% of Fibo Retracement

Metxa

Hello Traders, It seems that USDCHF is going for Bearish. On timeframe 2 Hours we can see that the price respected OrderBlock. If the OB still hold after retest, we will see it will fall down