We are currently in an ABC corrective move and there's some very high quality supply areas I'm looking at and willing to trade. Short term swing idea to the bearish side, however higher timeframe trend remains bullish and I'm expecting it to continue after the end of the current ABC correction. Trade safe! AlbertFX99
Gold is moving nicely and without much complications after a great impulse upwards. Now we'll find Gold moving into the 3rd wave (C), although touching 38.1% fibbo. Therefore, I'll be looking for possible short-term Short entries. Although be careful and remind yourself to look for long entries as we won't know when the market can shift and go on the bullish...
Bitcoin still is in a Bear cycle and we will continue to be during 2023. Yes, there's going to be rallies but they won't last much. As you can see in the graph, the current situation for Bitcoin in an Elliott Wave count is on a corrective pattern consisting of a A,B,C,D,E (5 wave) bearish diagonal. We'll see how it creates that pattern during this year, in...