Platinum update We have to possible scenarios, first rebound from first supply zone, and go bearish to the target, or breakout upward and rebound from the second supply zone which considered an golden fibo zone between 50 and 61.8 percent to take short.
AUDCHF long, but we need a breakout of the supply zone ahead to activate the bullish sequence to go long for the main supply zone
AUDUSD broke out the uptrend channel and activated a bearish sequence with target toward 0.6600
EURUSD broke out the uptrend channel and activated a bearish sequence with target toward 1.0800
platinum broke out the support at 1011, and activated a sequence with target toward 930 we could see a correction before going short
silver rejected from the demand zone, i have a target to the supply zone on high frame to go short again.
gold has been consolidating since 24 may in a downtrend channel, now we have to scenarios breaking the downtrend and the supply zone 2360/2364, then the gold will go bullish, or reject from the supply zone and go bearish
regarding gold, we had a break out for the down trend and active sequence on 30 minutes frame, I'm waiting for correction to the supply zone to go long
usoil broke out the downtrend, and started a correction after the breakout, i expect that usoil is retesting the support zone on golden zone fibbo, before going bullish.
Dear traders, USDCAD broke out the down trend channel, by that it activated a sequence for higher targets, and made a correction for the golden fibbo zone. i believe that USDCAD is going long.
Dear traders AUDUSD broke out the up trend channel, and formed a bearish sequence on high frame, and it's now on a supply zone (golden fibo) between 50 and 61.8 level to go short.
Dear traders EURUSD broke out the up trend channel, and formed a bearish sequence on high frame with target 1.0780, and it's now on a supply zone (golden fibo) between 50 and 61.8 level to go short.
USOIL Forecast -------------------------------------------------------- Dear Traders, USOIL is moving in downtrend channel, and rejected...
Dear traders, Platinum broke out the uptrend, and rejected from 50%+61.8% fibbo level making be bearish movement. We have two scenarios break out the previous low and go shorts, or correction for full wave golden, and sell for further targets. (general direction Bearish)
Silver forecast ----------------------------------------------------------------- Dear traders, silver reached, and respected 38.2% fibbo level full wave, and...
GOLD forecast Dear all, Gold closed under the previous week closing, and broke out the 61.18 golden level for full wave, which represents a support and a key level. Whoever on 4H time frame we need a closing or breakout under the weekly low 2325.75 to go shorts, or the other scenario is to correct long to full wave golden zone to go shorts. ...
If gold brokedown 2375/2373 level we will have more extension to 250 fibo level so my next buy will be 2356/2354 stop loss 2350. And I may search for selling opportunity to the buy levels.
EURUSD SELL ZONE based on SK system, and fibunacci retracment. Also eurusd reached golden zone of full wave on large frame, and an important key level to sell from.