Fire and Flower Crazy Potential/Potentiel de malade sur FAF!!Fire and Flower Crazy Potential
Take profits and minimum eliott wave targets.
Epic gains if this plays out.
Fundamentals are strong since ATD.B is behind them.
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Fire and flower a un potentiel de malade!
Mes take profits et mes minimum du eliott wave.
Gros gains possibles.
Les fondamentaux sont solides puisque Couche-Tard est derrière eux!
Video explicatif sur ma position:
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Eliottwavetheory
US30 DOW JONES update analysis, possible H&SHi, yesterday we had nice rejection which is our impulse for downside movement. Price is currently moving in the flag pattern which needs to be finnished by one more high (C wave). Price might stop at 0.618 around 30450, but im more for price to push higher to 0.786 around 30600. I expect price to form H&S there which is marked, and then drop. Anyway nice wave to the downside is coming there, dont miss it! Good luck
US30 DOW JONES analysis potencial dropHi traders, price is curently moving in runing flat pattern and i expect nice reverse on US30 but momentum is still strong so I think that we can first see retest of trendline and new all time high around 31500. Anyway i put trendline there so if price will reverse sooner i will know. Wait for price action on lower tf before selling, becouse buy momentum is still strong! Lets crush 2021! Good luck!
EURUSD analysisHi traders, since we expect dxy to continue moving to the downside, I expect price to push higher on EU. We are having ascending channel on 4h, and insde that channel there is runing flat for buy. I expect break of previus high around 1.2538 (i will update below higher tf picture for better understanding). Anyway im not sure that we will see that push this year, but deffinetly in the start of 2021. Good luck everyone, and have a nice day!
DOLAR DXY Continuation to the downsideHi traders, dxy is gaining some power and i excpect that it will make one more push to the upside before reversal. Price might reverse at 0.618 if not, then i will watch 0.786. But for me this looks like runing flat at the moment, so price shouldnt break previus high in that correction. If it will then we can expect expanded flat. This move to the upside should move gold down like i posted before. (check analysis) Anyway watch dxy to reverse around 0.618. My long term expectations for dolar is breaking under 88.00. Good luck
GBPAUD analysisHi traders, I think that we might see one more push to the upside on GBP before reversal. I want to see price to made some price action for buy, it might bounce from trendline. I see gbp index to push bit higher. Around upper trendline where i expect reverse its even daily SMA line which can nicely push price lower from that point, and there will be abc flag completed. So far we are having A and B wave in that 4h flag correction, so C wave is expected. Wait for price action before buying! Good luck
DOW 30 ending diagonal, are we gonna see nice drop soon?Hi traders, as you see US30 is forming ending diagonal, and inside that diagonal we have rising wedge pattern which can reverse, but if that rising wedge wont hold price, then we can see retest from upper trend line on ending diagonal. Anyway i expect nice sells there! I wish you great holidays and stay safe! Good luck to everyone!
BPCL - Begining of wave 3?I prefer following a 3-hour time frame to understand the larger trend of the stock.
BPCL has completed its wave 2 and its preparing for wave 3 already. Price conformation over 410.
Long term trendline breakout at 410 and its currently respecting its fibbo levels.
Price targets are around 521-540 next move :) The trendline needs to be respected for this view to be valid, any close below the current trendline will negate the view.
US30 DOW JONES sellHi traders, for upcoming week i expect some rise on dolar which will push US30 down to our fib 0.236 to complete that runing flat. Price might go and retest upper trendline again, but to continue rising it needs to complete that runing flat which needs one more low. Anyway i have good feeling for this one, good luck
GOLD XAUUSD analysis possible sell opportunityHi traders, for upcoming week i expect drop on gold, but first price needs to complete that pattern, interesting spot for sell will be around fib 0.618 (1849.50) or 0.786 (1856) Watch it as price is completing that pattern for sell. My target for that sell will be 1820-1815.. good luck