in my idea we r in wave A of correction upward which can continue until fibo 50-61-78% last wave down...when the price reach that area we can sell it to catch wave C down in correction...when price reach 2330-2300 area it means that wave E of the correction ABCDE has ended and its time to buy gold and FLY HIGHER than last historic high price (2482.50)
i think we r in a ABC or stm correction wave...no matte what kind of correction wave it is,we can sell gold from 2340-2350 area with last swing high stop... and tp around 2340-2330 area...when it happened we can buy gold b confidence with last swing low SL and TP break last historic high...cheers guys
all things r so clear in the picture. there is no need of explanation anymore...trade safe wid SL guys...cheers eveybody
i think we r in wave b of an abc correction from the wave D of ABCDE in daily time frame!!!so we can buy EURUSD in deeps and wait for the prices breaks the ceiling and last high!!! buy around 1.0750-1.0720 with SL 1.0660 and TP 1.10000....
wave C of the ABC correction has almost finished tonight wid news and tensions in middle east...right now im selling gold and will hold it until it break last low and touch 2340-2330 area
in this view wave 4 has not ended yet and wave E still on its way to confirm...so if this idea happen,price will drop here until the last low swing touch and after that we will se wave i of bigger 5 up to break last high...
in this idea wave 4 correction has ended in form of ABCED wave and now we r in wave i of bigger 5 up...so the price will go up and break the last high and after that we will se a correction in form of wave ii...and after that wave iii will start and price will flyyyy so high...but there is another view we will see in next post
we r in big wave 1 up...gold wave 4 correction has ended!for now we r in wave 3 of bigger 5 and we need some rest in form of wave 4 down...so we will have another high soon that may end around 2430-2440 prices...in that area we can sell of gold to catch the big wave 2 down trend for atleast 500 pip...cheers every body
wave 3 of eurusd has been approximately ended around 1.0935-1.0945 area...when price reach that area we can sell off it to catch the wave 4 down...cheer guys...plz share u r thoughts and ideas about EURUSD
just like the previous analysis we have seen that gold made its wave a of bigger correction E of ABCDE...we expect wave b up to the area 2430-2450 and after that wave c down of E should start and will continue to last low around 2300...when price reach that area we can buy gold safely to break historic high abow 2500
we can consider that GOLD may make an ABCDE correction structure...and it fall to last low and after that we can think of buying it!!!any way we should wait and see what the price will do in this week becuase this week is very important and clear the next move ride for us!!!!cheers guys trade safe
its a good time to sell off us30...it would be a sharp down trend movement in US30...we r in wave 1 of bigger 3...wave 2 has just ended around 39600 in form of a ABCDE correction wave
i think we r in wave 2 of bigger wave 5 of up trend wave in GOLD...so we can buy deep down there in chart to take this rally up!!!
gold made a 5 structure in last movement and its need a correction now r in corrective wave...so deep prices will be a good chance to buy it by stoploss below the last low swing...and tp uper than the last ceiling
there is two possibilities...1)we r wave E and this wave has ended last day and eurusd will go up soooo high...2)we r wave D and this wave has another leg up and then wave E down...then eurusd will go up...invalidation level for these two possibilities will be 1.0600
wave 4 has ended or not??? it maye be come up to 2360 to complete an ABC form...or maye it has already completed wave 4 at 2340.00 price and now we r in wave 1 of bigger 5...wave 1 of bgger 5 has ended at 2296.00 price and in this case we r in wave 2 so ir=t can come up to 2325.00 or 2328.00 and then fall sharply in form of wave 3 of bigger 5!!so any way gold...
its time for selling gold again to catch the wave 5 of bigger 5 downtrend wave...the first target would be around 2250 and even more below...the sec one is 2225.00
time to short NZDUSD with at least 0.6515 target for selling it...good luck guys