aibek

aibek

The correction could be over and now we got the first move up, which has been retraced now. The idea is to buy on dips to 1.0990-1.10000 (78.6-50% Fibonacci retracement levels). Conservative target is at 1.1140. Stop below 1.0985.

aibek Updated 

This is the map to warn of the possible small drop before the price could resume the move higher to complete the larger corrective structure

aibek Updated 

The pair took a pause before another rally and this could mean the bad news for the global trade.

aibek

Hi there, I would like to share with you my view via the cloning technique as this pair has quite clean chart structure. I cloned the left drop via bars pattern drawing tool and inserted it to the right in the blue color for visual comfort. As you can see the current drop looks very similar and if it keep going so then there the correction could appear between...

aibek Updated 

We could be in the last wave up to complete the wave Y of double three WXY. Former top is the target. Price broke out of the wave 4 correction and is heading higher now.

aibek Updated 

wave 5 of C of (Y) could unfold lower minimum target previous low = green line drop could accelerate down to 1.414/1.618 of (W) in wave (Y) = blue rectangle trend is there to confirm the target

aibek

The UK100 could have finished the flat correction and now it is heading south. The wave C blue could drop to the 6710 where C=A.

aibek

The second leg of a move up to retest the former top of $60.90 could be underway. Watch breakout

aibek

This is a monthly chart. I used simple trendline analysis to show a bird-eye view. Gold is moving up to retest the broken orange trendline around $1570. Watch the reaction there. If it fails then another leg down to follow as it shown on the chart.

aibek Updated 

The price should break above the handle. Target is located at the distance of Cup's depth added to the breakout point.

aibek

This is a huge correction on 3H chart. We are in the wave b of Y. The pair should retest the former top of wave W to complete the structure.

aibek

Possible WXYXZ triple three combination unfolds here. The last leg to the upside in wave Z is pending.

aibek Updated 

Double three corrective structure. Beautiful as all waves are clear. Watch blue box area for reversal.

aibek Updated 

The target of this last leg of correction in gold could hit $1490 where last leg is equal to the first leg of this large corrective structure.

aibek

It is possible for oil to move this way that is not popular these days as most of people waits for huge drop. Large correction implies the strength of oil price above 100+. It will be the second leg of the last move to finish large wave B. Then it should drop to complete the whole structure within wave C. What do you think? Please share your comments below

aibek

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aibek Updated 

I put the zigzag pattern based on earlier corrective structure and price goes with it since end of April. Let's see what will happen next.

aibek Updated 

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