TheGreatestOne

TheGreatestOne

Looking at Gold to swing, so Im seeing a buy opportunity here for today but the market seems bearish on long term. However based on the Elliot Wave marked and the RSI Divergence confirmed waves 4 and 5 thus we anticipate a pull-back or correctional ABC wave is unfolding.

TheGreatestOne

As on NASDAQ100 Analysis, seeing a shorting position herein as well, for a fair drop to the recent demand zone and QML levels, sort of skewed Head and Shoulder pattern unfolding due to give the second bearing shoulder.

TheGreatestOne

I am looking for selling opportunities for NAS100. The market is very volatile, so trade with caution. Currently, it is trading in a seller-friendly zone, which suggests that we may see an influx of sellers. This should represent a 5/6 Fibonacci retracement, with the potential for a further decline over a longer time frame. However, please note that my sell...

TheGreatestOne

Looking at this to go bullish so much that I want an early entry to hold the long term incoming bulls. Currently the triangle is expanding and we heading to its resistance/ceiling but as of now there isn't a confirmation here, just the overall analysis for long term as well.

TheGreatestOne

Looking at this chart after I just did the EURJPY analysis, now this one looks more bullish than bearish BUT that's only if there is a breakout from the supply zone which Im assuming will give us a consolidation first before it shoots straight up to complete Wave 5. At the completion of Wave 5, we can expect the drop again as a correction and retest, which should...

TheGreatestOne

I saw an analysis on this pair and tried to get something like an early entry on it, but I noticed there's a lot going on on the smaller timeframes so I went to bigger and found some interesting facts like how the current price is at the area of previously strong supply zone/resistance zone. Which therefore imposes that we should see sellers coming in strong at...

TheGreatestOne

On the other hand, the Gold Bulls may take over this market for a while to target the highest recent high. This may be confirmed by the Bullish Continuing Flag, which currently assumes a retest of the broken out resistance of the flag, affording it room to build up to the resistance of the bullish channel. This is when I get to sit back analyze and watch.

TheGreatestOne

Gold looking like its inviting sellers now, from the support being broke out of and retested, we should be safe to sell wth the FIB 5.0 Target as this may be not long term drop but a correction/retracement for the bulls as you can also see the indicated bullish continuation flag? A possible bulls continuation may be unfolding.

TheGreatestOne

On a shorter TF, here is the entry to sell the USDZAR, hopefully if this entry holds solid to the bigger view of this pair, we should be able to trail our SL until further notice as per the Daily TF Posted chart, alternatively we can just jump in and out at the green line (please note the green line also advises or indicates the S/R Flip Zone that's held the...

TheGreatestOne

My pov for USDZAR pair is that we should be expecting further gradual drops, not sure if this will be a sharp drop or consolidated one , however should we get a solid break off the support in red line, then we should be looking forth to more sellers dominating this market. Whats your view? What do you cav?

TheGreatestOne

Here we are currently retesting the Impulsive Wave correction that's currently completed on smaller TF there's a Bearish RSI Divergence indicating the sellers to come in, however if the S/R Flip zone is respected and solid, the buyers will come in as on the chart indicated to perform the corrective "A,B,C" wave with bulls hence we looking to ride with those for...

TheGreatestOne

Looking to sell the EUR USD on Long Term, the unfolding butterfly is currently almost complete with leg D due, so we selling based on the unfolding leg D and the support that's been broken, however tight with Risk Management on this one as it might make it rain for us if we carefully handle this, observe and decide.

TheGreatestOne

GBPUSD giving us a sellers entry on bigger timeframe, this analysis is to spot the entry for that sell which based on the Trendline approach, the support has been broken out of and may have been retested, however due to the RSI Divergence I found on 5min TF, Im still hoping a few buyers can reap here before the sellers dive in. Note the current area is also a...

TheGreatestOne

Looking for buying opportunities for the USDZAR herewith the breakout on the resistance being confirmed by the RSI Divergence as well as the trendline breakout entry approach, entry to buy on breakout retesting. Looks simple but tricky.

TheGreatestOne

I think its time to sell, Ive held this analysis for a while now and its still in play, currently on Daily TF we also have RSI Divergence confirmation along the pinned candle.

TheGreatestOne

Now on my recent analysis for S&P500, we looking for bears, however here we may be having a bullish flag or compression continuation pattern. If my wave count is correct, then based on historical pullbacks on this chart, we may be correct with the continuation pattern which should pull back towards the 0.5 Fib area. Safer to still look for selling opportunities as...

TheGreatestOne

Here is my review or analysis on S&P500 , I believe there's a pull back to happen during this year until around September. This may be compressive pullback as previously this chart has shown 5 wave pullbacks/retracements so this may allow some time but definitely looking to sell towards the 0.5 or 0.6 areas as marked o the chart with Fib Retracement tool.

TheGreatestOne

Here we come, today, 11 January 2025. I learnt that my girlfriend has other two boyfriends she has been hiding from me, Im so heart broken as we speak but I decided to go face the charts just to relax my mind a bit. So here Im strongly for bulls, however in the short run, where Bears are indicated on this RSI Divergence, sell cautiously. With the green pen, Ive...