Aussie is making inv. H&S to get bullishcompleting a wolfe wave on 4h time frame will make the pair going downside to complete another shoulder of an inverse head and shoulder
then upon breaking of the neck of this inv. H&S ,pair will move upward toward 0.74
for bigger view of this pair please check below
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Wolfe Wave
Aussie is waiting for trendline break to get bullisha new wolfe wave completed on daily timeframe and Aussie is waiting for trendline break to get bullish
in lower time frame we see an inverse head and shoulder which fortified our analysis
this bull move is aligned with DXY bearish tone
so we think that pair will move upward toward 0.74 which are place of kijensens of ichimikou
after this bullish move pair will go down for its monthly kijensen of ichimikou
please see the monthly chart with ichimikou turned on ,then you see a very nice OA pattern for kijensen and tenkensen indicating that final destination of pair is 0.6463 after this upcoming bullish move
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two scenarios for the coin is possible both ends up in 0.28two scenarios depicted on the chart benefiting from Ichimikou kijensen and wolfe wave pattern and MACD divergence ,all of which explained on the chart
now the coin will make another low and on making this low
1- we will expect to get the coin bullish .this bullish move is aligned with wolfe wave pattern and probably with MACD divergence and then the coin will move toward 0.28 as ichi kijensen indicated (pink line scenario)
2- the coin will continue its bearish move as ichimikou kijensen already indicated towards 0.28(blue scenario)
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EXY is bullish toward 109.7Euro index is on a major trend line which acts as support for this index
we see a divergence on MACD which make us more determined for this bullish analysis
target of index is 109.7 for which index will touch another pink major trenline
as we analyzed previously, DXY is beaish for a while and EXY is bullish now according to this analysis ,so we will have better understanding of how EURUSD will move
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pair completed a WW to reach 130 before its bearish continuationupon completing a wolfe wave (WW) and with ichimikou signal and support of EMA 200 and divergence of MACD , we will see an upward move toward 130 before pair bear continuation which is aligned with DXY
this analysis is on 4H time frame
for bigger view of this pair move ,please see below
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DAX is bearish but will move higher before reaching to 10913Dax will be completing a wolfe wave on 4H time frame which its result will be a upward move toward its D EMA 200 near 15000 after this upward move index is going down toward its main target @10913
this bearish move is a response to another wolfe wave on D time frame which is shown on the chart
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going down to make another lowas bit coin made a new wolfe wave pattern which can be seen on the chart and coin is below its pink trendline so we think that coin will going down to make another low which is aligned with ichimikou Kijensen magnetic effect as introduced in my previous analysis
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Bearish PossibilityThis small bullish pattern could be the finish of the 4th wave and the start of the 5th wave. Although in the end, it could continue the bearish move to reach lower targets.
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(this is only a personal guess and opinion, Do Your Own Search and implement your own strategy)
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PS: I would be very happy to read your opinions and comments on this idea. 😊
Index will go further down@ 11355 before reaching 13125 and14993Index will go further down@ 11355 before reaching 13125 and14993
a nice wolfe wave compelted on the index but we should wait for further reversal signs like reversal pattern or major trendline break or MACD div.
so we think that we have another low around 11355 and then upward move will initiate toward tp1 and tp2 depicted on the chart
11355 and also targets of 13125 and 14993 are all kijensen of ichimikou on Daily timeframe which for simplicity i turned it off
these kijensens of ichimikou have powerful magnetic effects that draw candles toward themselves
so a completion of wolfe wave along with magnetic effect of kijensen are making elements of our analyiss
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pink trendline break is main factor for DXY bear movepink trendline break is main factor for DXY bear move
pink line is a key trendline which its polarity is change multiple times
so if DXY manage to break this trendline so target will be 98-100 and then will go up toward its final target @120
we are keeping an eye for this scenario
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first 1834 then 1778gold now is in a descending channel and is going toward its first target of wolfe wave in 1778 but there is a upward move toward 1834 to retest a trendline which is aligned with its ichimikou signs
when gold reach to 1778 then it will decide to go further down or not
we are watching also DXY for its movement which is key factor in determining of starting gold rally .we believe that DXY will be bearish before its reaching to its final target @120
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waiting for signs of reversal in the support areawaiting for signs of reversal in the support area( pink lines) as the market leader bitcoin already completed a huge wolfe wave pattern on weekly timeframe see
coin also seeking for a new low and upon making new low we will wait for a reversal signs
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tnx