Wheat Futures has hit new highs over the Q4 period and we enjoyed the Bullrun as expected, but now it's time to prepare a major correction. Regarding the chart, I have analyzed that Wave 3 more or less has completed its cycle. Please be extra cautious and allow room for price to reach the $700 area before deciding on making short positions. The area in which the...
From my analysis using the Elliot Wave I have 2 cycles on the go. Within my primary cycle I have an extended of an extended wave 5, because of this structure the probability of an Orthodox top Correction (irregular) is very high. As you can see Waves A & B are complete on the primary cycle Wave C is about to begin. Wave C of this sort of structure has been...
Wheat could potentially break a new record high in the new bull run.
From my analysis I will be expecting XRP to create a new bull run, which will exceed the peak of the last HIGH at 0.78 area and go beyond in 2021.
EUR/USD may still have enough momentum to complete 1 last drive upwards before a major correction begins between 1.242/1.245 area.
Going in into 2 CURRENCYCOM:NATURALGAS 021 we could potentially see the price of natural gas head into $3.00 and beyond in the first quarter of next year.
0.75574 - 0.75746 area and then price will crash down. C.machina Blase Exchange