its sounds that ASX 200 is forming a triangle in wave 4 , which is bullish for the trend t move up again to the recent top
it seems out that BTC has completed a 5 waves which wave A, followed by a corrective structure which is wave B and now we are waiting for the initiation of wave C which is likely to target 26000$ once again ore even lower, we don't say that wave B has already finished, but if not its likely to target 42000$ (38% Fib level) before the initiation of wave c. as so,...
USD/CHF completed 5 waves structure followed by corrective structure, this an indication of resuming the bullish movement to at least the previous top.
Dax has confirmly broke out of corrective Chanel.
HG copper had started its bullish cycle after the disclosure of the USA presidential elections, as Joe Biden the current president announced the 1.9 Trillion fiscal stimulus program which tends to recover the American economy that suffered badly since April 2020, that also stimulated the industrial commodities as investors biding on the upcoming recovery, briefly...
After breaking out of the triangle, Gold has Confirmed the end of the corrective wave 4 heading toward 1745 in a final Rally.
It seems out that the correction has nearly ended, and the USD is about to resume the bearish move once again. The first Target is 94.53, moving below that area will support the bearish Scenario.
I think EU/USD in a corrective wave ( Wave 4) before the last wave down, you short right here, with SL @ 1.1530. This trade is risky, so try to lower your lot size. Best regards.
It seems out that we are Approaching the end of sub-wave 3 of wave 5, keep your short position, the SL still 1.530
there is a probability that AUD/NZD is going down further, with Stop Loss above C
It's time to get in short position on the Aussie, since we are in wave 4 ( Consolidation Area)
Short, Sl 2740, TP is open
A was leading diagonal wave and wave B finished and we have jus started wave C , time to shoorrtttttt!!!!
we can take advantage of sub-wave 5 of wave 4, by shorting now and close our positions at 1.2330, but this depends on the break out of MA 100 and 1.2378
Time to short since sub wave 5 has just started, you can also wait for the break out of the triangle for less risk
it looks like that we ended the ending diagonal and we are heading toward a big short
EU is ending C in sub wave 4 of the ending diagonal before another rally to sub-wave 5, so it's better to short now
It;s tie to short because we have negative divergence and we have just started wave C of 4 or at least sub-wave 4 of Ending diagonal wave 5 we have 2 important target, 1st 1.20, and 2nd 1.960