drop bro...drop
sell GOLD with 1705.00 SL for loooooooooooong term bros
corrective wave has been completed i think...time to big BUY on bitcoin has arrived now
abcde correction is done and false breakout of channel happen (which can deceive traders of a strong uptrend move) and price has reach a very strong supply area (resistance between 1280 - 1300)...MACD is show some divergence and weakness of buyers...all signs are telling me to sell and wait for price to reach 1160.00 usd atleast...no matter how long it will take...
correction has done and now time to buy on this pair right at fibo 61.8 around 112.18....SL: last low TP:115.00 and above
i think wave w and x has ended until now and we r in wave Y upside now...it can be a 5 wave structure or a 3 wave structure...SL: no sl for this position....TP:last high around 1.19000
i think we r in the end of 4 wave in gold and we can expect an sharp down trend to break the last low 1160
we r in a expanded flat correction to form wave X (consist of wxy) and after that we hope see a big rise to form wave Y with 1.2000 target cheers every body many pips ahead
SHORT to catch wave x and after that long to catch wave Y
i think we r in wave i of 5 and this wave has almost ended here...after a soft correction we can buy it....SL: last low (e wave)...tp:last high and higher than that
WXY has almost ended here and now is the time to sell DXY
we r looking for sell gbpusd to catch wave 5 down trend and after that after a soft correction we will look to catch big fall in form of wave 3 of big wave 5 in daily time frame downtrend
sell around 1.1774...1 target: zigzag zone....2 nd target deep down around 1.1600...sl:last top
in this case maybe we r in Y wave (wave w and x has finished) and it would go up till 1.19000-1.2000 target....in this case its better for us to wait and when price reached that area (1.19000-1.20000) open some short to catch the big fall with breaking last bottom around 1.1100-1.0000