Gold (XAUUSD) is being drawn towards 11th Oct Vibration Level and 11th Nov Bearish Breach with a Leading Diagonal still under development, most probably with a 3-3-3 sequence. 27th Jan low is not satisfactory as a 2nd Intermediate Wave due to its 38% Fibs Retracement (pink) which is revealing that in fact we only had the 4th Intermediate Wave (green) so far as a...
Gold (XAUUSD) is being drawn towards 11th Oct Vibration Level and 11th Nov Bearish Breach with a Leading Diagonal still under development, most probably with a 3-3-3 sequence. 27th Jan low is not satisfactory as a 2nd Intermediate Wave due to its 38% Fibs Retracement (pink) which is revealing that in fact we only had the 4th Intermediate Wave (green) so far as a...
After bouncing off the 1122 Levels, XAUUSD (GOLD) started the Up-Trend. So far we have the 1st Impulsive Intermediate Wave, which is coming to an end soon. 2nd Corrective Wave (ABC Structure) will most likely commence very soon. Great confirmation would be a Bearish Divergence at the end of the 5th Minor Wave. Conservative Entry - 1230 or 1240 Aggressive Entry - 1220
Minuette Wave (iv) unfolded as a Complex Double Three Formation and a Bullish Breach of the Contracting Triangle was confirmed. AUD/USD is Bullish at this point and heading towards Minuette Wave (v). As the Breach occurred, a good strategy for a BUY Position would be to follow a Bullish Flag Formation (see drawings) and treat the Trendline as Support. Entry -...
EUR/USD has completed a 5 Wave structure for Minor Wave A (blue) and now showing good signs that it will most likely retrace on the up-side towards Minor Wave B (blue). Bearish Volumes are picking up and the Bullish Divergence is a good sign for this set-up. First Resistance has been breached and a good way to trade this move would be to wait for a Flag Formation...
Following up on the previous Bullish Post on the Dollar Index, since then DXY has started the Up-Trend as projected. Subminuette Waves i & ii (black) have finished and Subminuette Wave iii (black) is still under development with Micro Wave 3 (yellow) about to be completed, as the Bullish Flag within Minuscule Wave 4 (blue) is confirming the Bullish Breach, as per...
Minor Wave 5 (green) is coming to an end with the Bearish Divergence imminent. Intermediate Cycle is complete, thus the Corrective Minor Waves ABC within the 2nd Bearish Intermediate Wave are about to start. Entry - 17.6 SL - 79.9 TP - 16.7 & 16.4
As per the previous Analysis, EUR/USD has completed the ABC Minor Waves (blue) and with that, the Intermediate Wave W (black). Minor Wave C has confirmed the expected Bearish Divergence and EUR/USD turned towards the Bearish side. Expectations are for an ABC deep Correction towards Intermediate Wave X (black). Minor Wave A (red) has stated and has been confirmed,...
AUD/USD is about to finalize a Contracting Triangle within Subminuette Wave x and should trigger a Bearish Subminuette Wave y in order to finalize the wxy Complex Structure in Minuette Wave (iv). In other words, a Breakout is approaching. There is also a Harmonic Bearish Pattern present within the Contracting Triangle. Short Position: Entry - 0.76650 SL -...
EUR/GBP is preparing to finalize the A Corrective Wave, leaving us with the iv and v Minute Waves. Once the final Waves will complete then the Corrective B Wave is expected.
Natural Gas has completed the 1st Bullish Cycle Wave 1, which was formed out of 5 Waves. Corrective Wave 2 has started, with Wave A complete and now Wave B is preparing to finalize its move. Wave C is expected to start and with the end of it, 2nd Cycle Wave will end as well.
The Wave count shown below states that the Major Corrective Cycle which started with 2008's Recession has ended. With it, the start of a New Bullish Cycle market as Primary Waves A-B-C. Primary Wave A completed with Intermediate Waves A-B-C, A & C formed out of 5 moves and B formed out of 3. Primary Wave B is still under development with Waves W & X completed and...
100 Levels posed as very significant and the overall Correction began. Intermediate Corrective Waves A and B have been confirmed. Within the Intermediate C Corrective Wave, we have confirmed the Minor Waves 1 & 2. 3rd Impulsive Wave is not yet finished as we are expecting a Contraction on the down-side in order for the Minute Wave 4 to complete and then another...
A forecast for when my son is going to ask me about these things .. LOL
Primary 4th Wave ending with C Wave. Medium-Term Bullish - Long-Term Bearish.
Primary 4th Wave is still developing within the C Wave. Medium Term Bullish - Long Term Bearish.
After the 3rd Impulsive Bearish Wave has completed, the full Correction for the 4th Wave was not confirmed, meaning that Wave B has unfolded in a complex manner. According to the Bearish Divergence that popped in, Wave C should start unfolding until the 161.8% Fibonacci Extension, thus completing Wave 4.
• Current Trend – Bearish • Short-Term Trade – Sell @ 1270.00 & 1285.00 Levels • Long-Term Trade – Buy • Next Move – Buy @ 1230.00 & 1210.00 Levels Sessions Bookings - lionheartewabookings.setmore.com YouTube - youtu.be