MONTHLY EURJPY (EJ) PREDICTION, Market currently trapped in between 2 major trendlines looking to see the market decline after hitting out resisting trendline (E) of the Elliot WAVE
EURUSD 4h we looking for a long run in the market as we are at the beginning of a new structure formation, looking for buying opportunities as buyers are building up momentum to push to the upside
Dollar index still showing strong sign of a strong bullish momentum to push to the upside as we recently broke above the previous structure, we looking to have a new structure as buyers are currently looking to push up
EURUSD currently showing signs of breaking structures, we are likely to see it push to the downside more aiming for the support one.
We have the DXY trapped inbetween our overall bullish structure, we can see the market bouncing off from our supporting trendline giving us a strong push to the upside. meaning we having buyers currently pushing the market up aiming for the resisting trendline (v) from the we having to market probabilities 1.SELLING OPPORTUNITY - we having a high probability of...
EURGBP 4h looking for a short term market retracement after giving as a strong bullish run to the upside just after breaking above our bullish continuation pattern. "WHAT GOES UP, MUST COME DOWN" we are looking for a correction as buyers awaiting for sellers to bring the market to there one between 0.618 (fib) and 0.79 (fib) as a beginning of a (12345) Eliot wave.
Here is my update on NASDAQ market is finally at the resisting trendline which is a sensitive area for sellers looking at the past action, looking at PRICE ACTION we are most likely to see the previous action to repeat itself once again
Indices lovers gather here as this is what we are currently having on GERMAN30 market broke below our bullish structure and now show more signs of weakness as we are having a bearish flag pattern + a bearish candle rejection at the resistance zone, we might just as well see more sellers taking over from that point.
NZDCHF looking for selling opportunities following the previous break of structure and now the market is caught in a bearish flag pattern.
CADCHF we having two market scenarios scenario 1 - Market broke above our resistance zone which is now our supporting zone where we can see buyers trying to push the market to the upside. scenario 2 - Here is my second market condition incase the market fails to push from our zone,we are likely to see a break below back to trendline for a major Market retest...
Good morning traders here is my analysis on AUDNZD as we start our Monday, looking to go long after the market gave us a bullish flag pattern as well as a correction looking for a strong impulsive move to push to the upside.
Looking at the month start up of 2023,January Bitcoin started up with some bullish momentum pushing up, a good start for BITCOIN as we can see more buying momentum till the sensitive levels - 29478.86 ($29,478) and 35238.19 ($35,238)
Update on copper just as predicted we can see the price of copper rising
Here is an ideal of what am looking at on NASDAQ D1. .MARKET OVERALL STRUCTURE - Downtrend .TRENDLINE - market as been creating lower lows each times it gets close to the resisting trendline, we are likely to see the market create a lower low at as it approaches the trendline. . PRINCIPLES OF...
Hello traders here is my analysis on AUDNZD after breaking above our bullish continuation pattern, we had a nice retest 1 back to the broken trendline buyers took over pushing the market to the upside till - 1.09369 level where we can see a correction back the buyers zone. CAN WE LOOK FOR BUYING OPPORTUNITIES..? Yes we can as the zone as been retested twice...
Gold price edges lower for the second successive day on Tuesday and moves further away from its highest level since April, around the $1,929 region touched the previous day. looking ahead to see more weakness on gold falling to the demand zone
Here is my analysis on GBPCAD 4H, we have the market pushing to the downside till 1.62107 level where buyers took charge giving us an impulsive move breaking above the resisting trendline giving us an Elliot wave pattern (12345) were we looking to go bullish at an impulsive wave (2) were we looking for buying opportunities.
Happy new year traders, here is my market analysis on DXY on a monthly as we start a new year/month we have the market in an overall bullish trend giving us impulsive and corrective moves. labeled by the Elliot wave we can see having an impulsive move from (D) till (E) touching our resisting trendline, giving an opportunity to the sellers as we can see a sharp...