we should just wait some time (maybe 2 or 3 weeks) to catch a good rise in eurusd
this is how i see EURUSD in reality...this form is the ideal form of a correction and maybe there will be some differences between my idea and reality...bet what is matter is that we should look for a clear ABC form in next 2 weeks and after that buy this pair on dips (ideal price for buy is around the 61% of previous big rise wave almost 1.1450)
for short term traders, long position around 1180.00 is a favorite zone with tp:1238 and for long term traders short position on 1235 to 1240 would be good zone SELL gold with a perfect risk to reward
wave A ended here and we r in wave B NOW...short it guys...many pips ahead
in my opinion this pair (also DXY) has finished A wave and started their B wave...time to BUY on dips...with 1.2000 target
in my opinion DXY has just finished its bullish movement and its has completed all 5 pulse wave...in weekly time we can see a shooting star candle...in daily time we can see a clear divergence in macd and also three clear bearish candle...the only thing to clarify is that the final wave should have finished its top just a little bit outside of the triangle,but...
in my opinion this pair finish wave 3 and we r in wave 4...end of wave 5 could be a perfect point to buy in dips to catch big RISE on this pair...still waiting for more confirmation
this pair has just retested the broken trend line and ready for SHORT
DXY has completed wave 5 of 5 of 3 and also has touched the ceiling of the upward channel...expecting downward movement in dxy index...until its complete the wave 4
down trend still working
this pair has a good potential to go further down significantly
still SELL on this pair
still sell in progress on this pair...
in next 2 weeks gold will rise again to 1330-1332 in form of wave 2 correction and then big FALL will happen until it see under 1000 dollar price
we should think of SELL now to catch the 5 wave which going to hit 1285 hopefully
time to SELL this pair
short term (two days maybe) we should think about SELL and after that gold will fly
DXY exhausted right now and gold reached its downward trend line...buy on the breakout