josephdahrieh

josephdahrieh

The EURUSD gor rejected from 100% fibonacci level near 1.1880. at the moment the pair retraced to trade near 61.8% critical level if broken and we witnessed a 4hrs candle close below 1.1820 we might see further momentum for the downside. potential finishing a W,X,Y wave might take euro dollar to new lows belo 1.1600 level. lets not forget the bearish monthly...

josephdahrieh

Gold has beed trading in a ranging market however in a grand corrective cycle. that means the biased direction is to the downside in order to finish from the third corrective leg near 1805- 1776 $ per ounce. meanwhile gold is retracing upwards in a 3 waves pullback, we will be looking for short positions near 1914-1917 level with respect to a stop loss above...

josephdahrieh

the Weakness in the Dollar index might continue in the near term, after Donald Trump refused to start the stimulus program we saw a bounce in the DXY index. after that a weakness started to show which put pressure on the USDCAD and retraced down from 1.3340 to 1.3240. however the USDJPY is still holding. reaching a 4 month trend line pressure we might expect some...

josephdahrieh

Gold finished a corrective cycle A,B,C that reached 1845$ per ounce. the current structure of the bounce from the last low standing looks impulsive, that means we are looking to start another motive wave labeled as 1,2,3,4,5. the first wave that contains minor 5 waves is trading in an expanding triangular form, a minor corrective wave (2) retested previous wave...

josephdahrieh

the pair to find a support in the near term to complete a 3 waves pullback at which we will be waiting to short the pair again.......... towards 116 Level !!!!!! if you are a risk trader you can enter shorts from current levels however the stop loss will still be at the same levels as shown on the chart. Good Luck!!!

josephdahrieh

the Pair can be trading in a corrective cycle for an impulsive wave, or a beginning of a bearish impulsive cycle. in both of the above cases the pair can grant us an easy 150 pips with a short positions from current levels. Good Luck !!

josephdahrieh

The Pair is trading near critical levels at the moment. after analyzing the wave structure i believe there is still a missing leg to take place in the near term targeting 139!! level soon. to finish the grand 3 waves pullback. short positions are from current levels!!! Good Luck !!!!

josephdahrieh

euro dollar to find support near previous low and this is because we are in an X corrective wave that might extend to reach 100% of wave w the risk to reward ratio is awesome for this trade. goodluck !!!

josephdahrieh

this pair to show some weakness in the near term to complete final corrective wave labeled as Y. short position from current levels is backed up by Elliott waves analysis and a very important level Nzdusd has reached in today's session. good luck

josephdahrieh

the pair completed an X swing near 1.3320 level, i believe this pair might extend lower in the coming sessions to target 1.29/1.28 in the near term to complete the complex corrective cycle. this scenario might push oil higher to perform a 3 waves pullback. good luck

josephdahrieh

Gold finished 5 waves up targeting 1611$ an ounce. moved down nicely in a 5 wave pattern as well that indicates more room to the downside in the coming sessions however we shall wait for a three wave pullback near 1585$ to enter shorts again.

josephdahrieh

the pair finished a complex corrective wave labeled as B near 76.4 % Fibo retracement we are looking to enter long positions from current levels to finish final wave C near 0.9300 level and above. risk to reward ratio is perfect for this trade. good luck

josephdahrieh

SPX is trading near all time high at which i believe final wave 5 is taking place and it might end soon near 3170 level before any correction could take place to revisit previous wave 4 . watch out for the risk that might apply to your trade if you decide to enter shorts from here. good luck

josephdahrieh

Euro Dollar is retracing towards a significant level at which i am looking to buy the pair at. 1.0950 is the important level which is represented near 76.4 % Fibonacci retracement level. however i believe as well that the downtrend is finished at the moment, we can not expect any fall further for this pair before a corrective pullback might happens towards...

josephdahrieh

silver is trading in an expanding triangle labeled as wave 4 (iv) and just finished the final leg expected in this triangle. we are waiting for NFP report in 40 minutes in which i expect a move lower for silver to finsish 5 waves down. 16.30 level is interesting level to long again silver.

josephdahrieh

after finishing triangular wave X the price moved nicely in an impulsive manner and stopped for a three corrective pullbacks, now its time again to take Gold into new lows that might target 100% Fibonacci expansion near 1416$ per ounce. risk to reward ratio for his trade is awesome since any daily close above 1495 will erase this bearish sequence. good luck

josephdahrieh

the pair to complete flat corrective wave, labeled (2) and start an impulsive wave towards 108 level.

josephdahrieh

the pair to complete wave c of minor wave 2 of big wave (2). turning south in the coming session will activate the scenario.