H4: I expect gold to do some pullbacks to the 1950 (first green box) or 1920 (lower green box) area before continuing upwards to the 2009-2010 area to complete the impulsive move. From around this area I will look for a reversal signal (if any) to initiate correction move to the downside.
Gold on H1 just perform break of structure to the downside. Sell now or wait for pullback to enter short. Target will be at 1853.
Last week we saw very impulsive move yet it seem like incomplete 5 waves. So this week, I'm expect gold will make corrective move as we have bullish engulfing on H4 and will perform W4 before continuing to go down again to complete the 5th cycle next week.
High Risk warning! Gold still have potential to go down and will continue push to create new lower low around 1807 area. Trade will be cancel if there is 1hr candle close above 1824.
High Risk Warning! I'm expecting USDJPY will complete the pullback to the fibo level (box area) and continuing to make lower low or atleast retest the previous low
High Risk/High Reward Entry @ 1912.50 Stoploss @ 1910.00 Targeting previous high
FXOPEN:XAUUSD Possible good short setup for M15. Trade at your own risk.
I'm expecting EURUSD will make final move to the downside into red box area before changing direction & pushing up. However, any 4H candle break and close beyond aqua line (1.1382) will be confirmation to the upside.
Expecting USDCAD to start making final move to complete wave 5
For EURJPY, I'm waiting for price to go downwards from the blue box to complete wave 4 before continue to make wave 5 then we might have an opportunity to go long. The profit taking level is as attached, please adjust slightly below the level.
Waiting for pullback to enter long. Target area at 1.1590 We may see Price continue go up if break the bullsh continuation line.
I see a bullish opportunity for EURUSD from the red box to continue towards wave 3. The profit taking level is as attached, please adjust slightly below the level.
I see a bullish opportunity for GBPJPY. Currently i'm waiting for the pair continue a making a bit higher to complete wave 4, As long the price not break the invalidation level then we might see downward continuation to complete the wave 5. My entry are around the bleu/red box but the best entry is around the red box. The profit taking level is as attached, please...