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EssentialGBPJPY has been in an strong uptrend. The trend is rising in a corrective impulses, WXY. I have included wave counts. The pair seems to be scalable for more upside, but a correction or long term reversal may happen, UNLESS the pair drops correctively after the wave counts are comleted. NB. This is a daily chart so "small" retracements may happen.
NZDUSD completing the triangle then may go for longs. Overall structure is WXY with Y as a triangle. Short confirmations in place, but wave e may truncate.
NZD starting a longterm corrective move for longs. So far seems like a X wave. It's currently consolidating on the daily for more upside
USOIL seems to be doing a correction to complete a triangle. Currently completing the 'wave e', but it may start to got short. I'd watchout for lower timeframes breakouts of subwaves of e to complete.
Just posting the BTC wave count. It seems to be making a complex correction.
Its still building the other correction for the WXY. Its building the W correction for now. Small drop then might go for longs. It will likely make a flat correction with high volitility given the first correction was "clustered" and nested
Its still building the other correction for the WXY. Its building the W correction for now. Small drop then might go for longs.
Gold shorts, gold currently building up for shorts. It may slighly go long but overall I see a short. Its just building the sub-structure
Go lower to complete a wedge then small reversal for longs
This is based on wave analysis. We started a new sequence after the sharp sell off. Currently in the last longs before we see a correction