rudyjo

rudyjo Updated 

Recently, U.S. consumer, inflation, and labor data came out very well, but the GBP Monthly Retail Sales data showed a poor result. This might be a bias that confirms my trading ideas fundamentally. Technically, I observed a Rising Wedge at the end of Wave 5 Elliott Wave and bearish divergence in MACD. This convinced me enough that we're now in a "corrective wave"...

rudyjo Updated 

Revised version of my last GOLD analysis, I thought GOLD will form AB=CD correction, little did I know and here we are today, GOLD form an "Inverted Head & Shoulder" meaning reversal is started with MACD divergence there. Next, I think we'll see a bullish form for next. We'll see what will happen again next. Again, disclaimer always ON. May the pips be with US. Cheers

rudyjo Updated 

What's Going On ? If we look at the market lately, we could find 1. Risky asset going up 2. Crypto influencer post more about their favorite currency 3. Less news about war (Russia and Ukraine) but there's a little news about Russia & Wagner Drama 4. Latest CB Speech are still hawkish 5. China data show unfavorable result 6. US Bond starting to take off again I...

rudyjo Updated 

Goldie on daily timeframe there's already a bearish divergence, combine with the breakout of double top makes a reversal looks clear. The broken support, now become resistance. So, in my point of view I would love to take a short position for gold. And of course, always wait for the rejection confirmation with lower timeframe to lower the risk and gain higher...

rudyjo Updated 

From the indicator, we can see a hidden bearish divergence and combining with bearish penant and and wave analysis. As you could see in the chart, I would like to open short for BTCUSDT. Of course as usual, find the best lower timeframe rejection confirmation to support your conviction. Wish us Luck. Cheers.

rudyjo Updated 

From what i see, EURUSD currently are on the wave 4 and we're waiting to see any rejection from those area to get a short. If there's any confirmation, i would like to short it till the targeted area. Wish Us Luck.

rudyjo Updated 

EU at the support area with divergence on both stochastic and macd on higher timeframe. I would love to see any rejection confirmation on lower timeframe to counter a little of the trend. If there's no confirmation, then i'll just leave it without position. Of course the risk will be higher, but the reward also quite pleasing. Wish Us Luck. *cheers*

rudyjo Updated 

Hello guys, Merry Christmas. I wish you a joy of luck, happiness, and abundance. I suddenly got an idea to share about GOLD's wave, Here's what I see. Recently as you can see, GOLD just rebound and create an IMPULSIVE wave but that bothers me and i'm just wondering if it's a correction from the BIG DOWNTREND wave which is CORRECTION WAVE D (Green). I also post 3...

rudyjo Updated 

Hi, it's been quite a long time for me to post my analysis. Here's my analysis about GOLD. From monthly BIG Double Top pattern, we could consider that Gold now is on Bearish Trend. Last week, i thought it just finished it's retest and i see that gold will continue it's journey. I think we will see some ABC correction move UP a while before it's impulse bearish...

rudyjo Updated 

I have an idea that GOLD will take the Liquidity first before continue it's journey to wave C above, In the corrective side, i think we'll see an (ab) = (cd) pattern before the BULLISH scenario. Hopefully, if this scenario is correct, then i would love to see the price action in the area and have a LONG position around there. Disclaimer On Trade responsibly. Rujo

rudyjo Updated 

From the chart, we could see a "Double Top" Pattern on 4h and 1h timeframe candle. It's also supported by the "Bearish Divergence" on MACD and Stochastic. If the reverse is valid, i wish to see a "Flat Correction Wave" (3-3-5)" which 3-3 had already done, and upcoming 5 with the target either the "Orange Zone" or "Blue Zone". Disclaimer On Wish us luck.

rudyjo Updated 

Since BTC couldn't maintain the " higher low ", i think we'll see a break down and a little retest bearish flag follow up with AB = CD correction pattern to complete the correction wave IV . My target is on the " Blue zone " and we'll see a rebound from there. Invalid if price touch the " Red line ". Disclaimer on. I might be wrong.

rudyjo Updated 

Today, i would like to share my analysis about EURUSD. As we see the chart is still on Bearish Trend but it looks like making a bounce. On 4 hour tf, i see there's an IMPULSIVE 5 WAVE, but we could see a price rising with volume going down. This also supported by the divergence from MACD and Stochastic which makes me assume that it'll go down soon. In a lower...

rudyjo Updated 

Nasdaq is currently on corrective WAVE 3 on it's way to finish WAVE 4. Looks like it's making a Zig Zag ABC correction and if it's true, then we could see a rebound from the "BLUE zone" to close several gap there before continue it's journey to WAVE 5. Last correction area is the "YELLOW line". Wave 4 invalid if price's touching the "RED line".

rudyjo Updated 

DJI lately fail to make a new Lower Low but also Fail to make Higher High since Bear Taking Control. But, this hasn't stop the bull to take control back. If it really confirm break up the bullish flag. DJI has potential to continue his rally to WAVE 5.

rudyjo Updated 

In my POV, Dow has done it's WAVE 5, which is now lead him to a correction wave. As we could see, there's also a Double TOP pattern supported by Divergence from MACD and RSI indicator. Now, it's on a retest phase. If it fail to climb, i am looking forward to that area. Disclaimer ON "I might be wrong"

rudyjo Updated 

We could see US100 at the end of wave 5 with almost confirm double top pattern. I personally looking forward to the targeted area.

rudyjo Updated 

It’s been a while from my last post about btc. According to the bear wave i see it as AB=CD correction wave, the bear wave soon will reach its bottom. But, this doesn’t mean stopping the BEAR from taking over the crypto market. Let’s watch the reaction on that area again. Disclaimer ON “Just an analysis, i could be wrong”