imalik860

imalik860

is GOLD getting ready for another selloff ? According to price action the bullish bias seems limited.

imalik860

Is BTCUSDT is due to for another shakeout to downside? As strong bearish divergence along with price action suggesting a downside for BTC.

imalik860

XAUUSD is about to complete AB=CD pattern. length of AB ( in terms of pips) was ~2000 pips and CD has completed almost 1700 pips( at the time of writing). when CD complete ~2000 pips at ~1680. This 1680 is good support and buying zone. when can expect good bullish side at 1680 zone. and we have a good bullish divergence as well. Best of Luck

imalik860

Down trend continues. More Loss for GOLD on table.

imalik860

AB=CD projection come in play . After completing two legs of this projection XAUUSD is up for the final Leg CD. which can be result in hefty amount of ~400 pips. Best of Luck

imalik860

Further upward scope is on table. in our recent post where XAUUSD completed its last leg of Elliot wave with good 330+ pips, now is the time for some corrections and XAUUSD is also in the formation of last leg of bearish BAT. we are expecting some good bullish momentum. Best of Luck.

imalik860

EURJPY seems good for short call, after completing AB=CD pattern and a multiple rejection from 132 now it can make a good bearish rally with TP1=131.214 and also can go to TP2= 130.851. but also consider the SL=132.323 Best of Luck.

imalik860

further scope for downside?? of course a rejection from 1951.90 which 50% of Fibb number will lead to downside... as on 1HR chart last leg of elliot wave is expected. Best of luck

imalik860

Elliot wave .... correction wave formation for gold,XAUUSD

imalik860

Long call forming the pattern AB=CD shows bullish divergence on RSI Entry=0.3193 SL=0.3100 if breaks the resistance TP1=0.3400 TP2=0.3500

imalik860

Short call no divergence on RSI below the 50 MA Entry=1.9925 SL=2.0056 TP=1.9794

imalik860

Long call respecting the trendline at 4 3 2 1 hour Entry=78.223 SL=70 TP=86

imalik860

Long call Cup handle formation after CH formation price should go high as of depth of cup Entry =28.01 SL=24.39 TP= 32.4

imalik860

Short call entry 149.233 TP=148.828 SL=149.638 No new HH if we consider the CD as trend line then down trend respecting CD trendline on 30 mnt and 1 hr chart

imalik860

Bearish call missing HH and forming LL on 30 mint and 1 Hr chart RSI also moving with price showing no divergence Entry 0.7112 SL=0.7140 TP=0.7090

imalik860

USDCAD short call bearish divergence on RSI Entry =1.2627 SL=1.2640 TP=1.2608

imalik860

Short call GBPJPY Bat Pattern formation entry 150.55 SL= ~151 TP=~150

imalik860

Short Call bearish AB=CD formation on 1hr chart also 2 red candles after D point.