Huge, huge bullish momentum for the Dollar right now. On market open last night, price gapped up so that gap is one thing I will be careful with just in case price action wants to fill it in at a later date. For now the DXY remains extremely bullish!
Clear Head & Shoulder pattern on Gold, indicating further downside. Here is what I am looking for next; Option 1: Gold pushes a little higher towards the $2,760 zone for LQ, before dropping back down again. Option 2: Gold keeps dropping from current market price.
Since I posted the update yesterday, Gold is down 420 PIPS since!😍 Amazing completion of Wave 5 of the EW strategy, now which'll be followed by a much needed downside correction!
Since I posted the update yesterday, Gold is down 420 PIPS since!😍 Amazing completion of Gold Wave 5, now which'll be followed by a much needed downside correction!
Gold did push up which we did say would be a possible option. Currently at a new ATH of $2,774! Here is what I am looking for next; Option 1: Gold bullish momentum now slows down & starts dropping towards $2,718. Option 2: Gold pushes a little higher towards $2,785 next.
Even though BTC has been pushing up without pulling back into our entry zone, I would not recommend you guys trying to buy at the top due to FOMO. Don't forget what I've been saying recently, I'm expecting institutions to push price higher one last time, before trapping retail traders in & dumping price back down🩸 Zoom out & look at the bigger picture.
⭕️5 Wave Bullish Move Complete. ⭕️Overbought Market Conditions. ⭕️DXY (Dollar Index) Bullish.
Despite the 120 PIPS gap on market open for Gold last night, price has pushed back up again covering most of the gap. Currently a lot of choppy price action. Here is what I am looking for next; Option 1: Gold carries on dropping lower now towards $2,680 as first target. Option 2: Gold pushes a little higher towards $2,770 - $2,785 next.
120 PIPS gap on market open for Gold. Huge dirty gap, stopping out everyone who tried to buy at the top & in return putting us sellers into profit. Either way I’m being careful due to all the market volatility caused by Israel’s terrorist attacks in Lebanon & Palestine. Price can easily do a U-turn & turn bullish again.Here is what I am looking for next; Option...
There has been news since yesterday of Israel now attacking and bombing Lebanon, so be wary of possible gaps on market open tomorrow night. Here is what I am looking for next; Option 1: Gold carries on dropping lower now towards $2,680 as first target. Option 2: Gold pushes a little higher towards $2,770 - $2,785 next.
Very dull market conditions today. Not much price difference for the Dollar, Gold & USDJPY. Markets have been ranging for the past 2 days. We should see price volatility pick up again from Monday.
Gold melted down 470 PIPS in profit yesterday but we have seen another huge move back up again today. Here is what I am looking for next; Option 1: Gold carries on dropping lower now towards $2,680 as first target. Option 2: Gold pushes a little higher towards $2,770 next.
Gold has been pushing up nonstop like crazy, but market is way overextended right now so I am expecting some sort of correction or complete reversal soon. Waiting for a huge move back down to $2,640.
Price is still floating around our 'shorting zone' & I'm still holding onto my sell position. This is a mid term position so I will be holding on for the near term, despite any market volatility. I am hedged against my buy's from $1600's so me & my Gold Fund investors have nothing to lose🙏🏻 We are in a clear Wave V & Wave 5 completion according to the EW Theory...
The Dollar has been pumping like crazy since last night. If you look at the right hand chart of the 8H TF, the DXY is up 400 PIPS today alone! Our $109 target might come sooner than I expected if this bullish momentum carries on.
Ripple remains extremely bearish on the bigger TF and it is expected to crash back down to $0.20! There is enormous selling divergence on the Weekly TF and the choppy price action don't help either due to its liquidity crisis. We can expect a flash crash in the coming months.
People buying BTC at the top are in for a nasty surprise when price drops & corrects itself. I'm patiently still waiting for a good correction & fill of any imbalance zone. Still waiting on; ⭕️Minor Wave II Correction Of Major Wave 2. Tap into Supply Zone.
For those who watched my video analysis yesterday, you'd see I highlighted this 'shorting zone' live in front of you & sold the market from there. We saw a 200+ PIPS drop yesterday followed by a move back up again today. Even if market pushes up a little more to the upside, overall I am still short on Gold & holding my sell position🦾