GBP/AUD - End of Up-Trend - Bearish View * PM me for private assistance, thank you.
CRUDE-OIL-WTI has been trading since Feb 2016 in a Bullish ABC Corrective Structure which is labeled on the chart as Primary ABC (green). Primary A (green) unfolded as a Zig-Zag, with 5 Waves Sequence in its Intermediates (A) & (C) (light blue). Primary B (green) completed its Corrective Structure as a Running Flat. Primary C (green) started its Bullish Cycle...
WTI-CRUDE-OIL is completing the Complex Minor WXY (red) Corrective Structure for the Intermediate (B) (light blue). Please see our Long-Term Analysis for a hawk-eye view. Minor Y (red) bounced off the Support at 45-44.00 Levels, which are also 100% Fibonacci Extensions of Minors W &X (red). WTI-CRUDE-OIL is finalizing Minor Y (red) with a 5 Wave Minute Sequence...
XAGUSD-SILVER is about to complete the last Bearish Swing which we've been waiting for quite some time. Please view the Long-Term Analysis for a hawk-eye view. Intermediate (B) (turquoise) unfolded with an Expanded Flat in its Minor ABC (red) Corrective Structure. Minor C (red) has shown an Aggressive Sell-Off with almost no Retracements, which leads us to say...
GOLD-XAU/USD has been trading in a Running Flat Corrective Structure for the Intermediate (B) (light blue). * Please see the Long-Term Analysis Post for a birds-eye view. In our view, GOLD-XAU/USD is preparing to end the last leg within the Running Flat in Intermediate (B) (light blue), with its Minor C (red). Minor C (red) unfolded with a Expanding Diagonal & a...
GOLD-XAU/USD has started our previously announced and posted Minute 2 (green). We are reviewing the Wave Count and preparing for a Short-Term BUY because GOLD-XAU/USD is approaching significant Support Levels around 1250.00 & 1230.00. Minor Wave 2 (green) unfolded with a Complex (Double Three) Structure in Minutes WXY (red), with a Flat in W (red) and a Channel...
XAU/USD-GOLD - Medium-Long Term Analysis: XAU/USD-GOLD starter an Up-Trend in Dec 2015 with Cycle Wave a (pink) which lasted until Jul 2016. Corrective Cycle b (pink) unfolded with a Complex WXY (red) Structure and lasted until Dec 2015. Cycle Wave c (pink) started unfolding in Dec 2016 and according to the Time Cycles in Elliott Wave Analysis, it would...
We are waiting for the Bullish Divergence to appear and point us on the up-side. However, there is still Bearish Sentiment around Gold these times, especially withe FOMC Rate Decision coming. The current Wave Analysis is stating that the Bullish Trend that started for Gold in December 2015 is a mere A-B-C Corrective Structure within the overall...
Short-Term BUY Medium-Term SELL Long-Term BUY The Bullish Divergence has been confirmed, and according to the Wave Count, Minute Wave iii has ended, leaving room for Minute Wave iv to start its Correction. A Correction is expected before the last Bearish Swing for Gold and after the last Bearish Swing within this Corrective Cycle, the trend will most likely...
Crude Oil completed the Bearish Cycle and has been rising in the first half of 2016, following an up-trend which is most likely to continue in 2017 as well. In the second half of 2016 WTI has formed Complex Corrective Structures and as per the Wave Count, these structures are completed as well. This leaves us with the remaining Bullish Wave Y which is most likely...
ABC Corrective Cycle is coming to an end soon and with it, a new Bearish Cycle is approaching for DXY. We are expecting a Consolidation for the 4th Minor Wave withing the Intermediate 5th Wave and Primary Wave C. Once the Cycle is completed, a Major Bearish Divergence will be the best sign and Trigger for the next Recession. Every 8 to 10 years a Recession is...
SPX is currently Bullish, preparing to finalize the 3rd Impulsive Primary Wave, withing the 3rd Impulsive Cycle Wave. On the Short and Medium term, we are expecting S&P 500 to continue gaining for the first Quarter of 2017 and then Consolidate and give back some its gains, as per the 4th Corrective Cycle Wave. The second half of 2017 is the most important in our...
EUR/USD is trading withing a Complex Corrective ABCDE structure and preparing to finalize the Corrective 4th Wave Cycle. Primary Wave D was formed out of a Complex Corrective WXY Structure which points out to the fact that the final Wave E within this correction should be limited as per the trend-line and Channel. According to the Bullish Divergence shown, Wave E...
The present Wave Count states that the Minute Waves A & B are completed. Minuette Wave C (blue) posed limitation as per the Contracting Triangle and failed to beach through 54.05 Levels, leaving room for the idea that Minute Wave C is about to start. SELL - Low Risk - High Reward Set-up: Entry - 53.50 SL - 55.00 TP - 49.50
Minute Wave W (red) has almost come to an end, formed out of Complex Structures. Minuette Waves a, b & c (black) also posed Complex Formations. Subminuette Wave c (red) is almost complete with the final 5th Submicro Impulsive Wave ending towards the 161.8% & 100% Fibonacci Extensions. Bearish Volumes are confirming a very possible Bullish Divergence which would...
EUR/JPY is about to make a Crucial Decision which would trigger the Last Bullish Leg towards Intermediate Wave 5 (blue), thus completing the ABC Corrective Cycle (capital green). After completing an extended Intermediate Wave 3 (blue), EUR/JPY has almost finalized Intermediate Wave 4 (blue), which posed a Complex Expanding Triangle (see Minor Waves WXY...
USD/JPY is about to finalize it's Bearish Retracement, with Minor Wave Y (red) about to end, and with it, the Intermediate Corrective Wave 4 (blue), at the 38.2% Fibonacci Measurement of Intermediate Wave 3 (blue). Intermediate Wave 5 (blue) should begin in order to complete the Primary ABC Cycle (green). Levels to Watch: Aggressive - 111.50 Conservative -...
XAGUSD (Silver) is drawing attention and showing considerable signs towards a Retracement with the Leading Diagonal finalizing close to Nov 9th ''brutal'' Resistance. The Leading Diagonal is ending at the 100% Fibonacci Measurements of the 3rd Intermediate Wave (green), and at the 161.8% Fibs Extension measurement for the 3rd Minor Wave (black). The 5th Minute...