This is my medium term projection for ripple . I do not expect price to fall below 0.15. One more wave down possible within current structure, Good buying zone in range 0.15 - 0.48.
Looks like we have a triangle in wave B of 3 wave ABC correction and we should have wave C to retest at least level of D point of triangle. Be aware it may be also second impulse of bigger bear trend so its worth to take this trade and keep it if goes in direction expected.
Current structure indicates we have a triangle pattern in development and it woud be a good idea to buy aimimg for target as marked on chart. Good Luck !!
This is my medium time projection for this pair. Price getting closer to key level and possibly we might have a bigger wave up as wave of bigger degree correction or breakout of lower trend line and huge wave down which should break previous swing low to complete last impulse to downside on monthly view. Keep track of this as we will have fantastic opportunity...
Looks likes we have end of bigger correction on daily time frame which took form of expanded flat ABC. Wait for entry till price breaks hourly trend line on lower time frame. It is very promising trade with good profit target. Be aware that correction might be still not finished and we might have more consolidation which will take combination of diffrent patterns.
This is my favour medium term view of crude oil on daily timeframe. Current structure indicates we are in flat ABC correction 3-3-5. Point C should ends slightly beyond point A and then uptrend should be resumed with next wave terminates around 74.00.
We have triangle pattern in development and i consider this correction as continuation pattern to upside. It would be good ide to take trade after breakout of upper trendline. Good Lucl !
We have a traingle pattern in development on daily timeframe. It would be a good idea to take a trade after breakout of upper trendlline, Good Luck!
We might have a nice sell setup for one more down within current structure / channel. Wait for breakout of lower degree trrend line for entry.
We have had an impulse down and currently we have flat correction ABC. Wave C is still in development so wait and after price breaks level of point A look for sell set up to catch another impulse down.
We have a triangle pattern in development. It would be a good idea to buy after breakout of upper line or if you are aggressive trader you might consider to take it from inside of triangle. Please note it might be last impulse up before bigger reversal as usually triangle develope in correction before last wave in trend. Regards
Triangle pattern has developed on daily timeframe. As we have had breakout to the upside you can buy any pullback or correction for big target.
Look like we have wolfe wave pattern in development on daily time frame. It would be to good idea to buy to target at orange projection line. Be aware we might still have small move to down side before bigger wave up.
We have a AB=CD pattern in development on daily timeframe. Price makes biger degree sideways correction and I expect another drop soon as continuation of long term trend. Please note that price still might climb more to upside byt eventually there will be big drop.
I am looking for buy set up on this pair from this point. Looks like we might have butterfly pattern in development and if price breaks the downtrend trendline I will enter long posistion.
We have clear volatility squuezee which indicates an impulsive move should develope soon. Current structure indicates we may have triangle pattern in making and I consider this formation as correction of bulltrend. For more conservative approach you van wait for breakout from structure as an entry point.
This is my updated medium / long term forecast for GBPJPY. TRADE1 : SELL 151.100 SL 153.050 TP1 146.500, IF BREAKS TRENDLINE TP2 136.300 TRADE2 : SELL 154.900 SL 157.700 TP1 136.300 if price will bounce back from lower trend line we should have also nice opportunity for buys and that woudl validate second sell...
I expect a massive rally in gold therefore it would be good idea to buy at least 27$ level with SL below recent swing. CRB index goes up which is bullish for gold and from seasanolity point of view 85% of time price of gold rally up in August and September.