modaraba702

modaraba702

If our analysis is correct on the dollar index then you should expect gold to drop to at least to 1622 and possible it can target 1596. the maximum price up for gold for this week is 1654. 40 , having said an entry point for short at this price level is ideal with a stop loss above this level is recommended.

modaraba702

CHF is expected to pull back strongly against at the Japanese Yen from 142.7 down to 135 we a down trend from the all time high and an apparent daily diversion. I believe the price action is set to complete what I believe is a WXY wave. invalidation is last all time high!

modaraba702

We expected Matic to test the trendline and do X move then Y (ABC) move to the down side from here

modaraba702

Nasdaq expected to correct soon at around 13400 reaching 1.618 fib ext. with rising wedge formation and touching the ascending line from cycle top.

modaraba702

Short on SNP when the price enters the purple box 4175 to 4220, not an investment advice just my opinion expecting and ABC reversal then continuation to the upside!!

modaraba702

Expecting a reversals soon on the Nasadaq after correcting and ABC with 1.618 fib ext. An ABC correction to the down side is expected very soon in my opinion!

modaraba702

Euro/USD is doing a classic ABC correction to the down side target at best is previous bottom at 0.995. Price could also bonce from 100% fib. ext at 1.0666. Taking profit at this level is highly recommended!!!

modaraba702

If DXY make 5 wave count Euro target is 0.995 but if DXY make ABC correction before going down gain target is between 1.09 and 1.06

modaraba702

These are the possible scenarios for DXY either up a new high with 12345 count (completion of wave 5) or new low with WXY (completion of 4 to 103 then up to 112). Target if 12345 count is 110.