And this my alternative scenario about XAUUSD. Potential go up and making correction ABC minor to fullfill intermediate wave (B). Final upper target can be at level between 1906-1927.
What I see right now is the pull-back movement supposed to be finish at level 1821. Because I consider it as correction minor wave 4. You see also the grey rectangle showed us, it was a demand zone, but today is possible being a new supply zone. Next lower target is level 1764 as final end of wave intermediate (3) I hope you enjoyed my analysis. Please consider...
What I see right now is the pull-back movement supposed to be finish at level 1821. Because I consider it as correction minor wave 4. You see also the grey rectangle showed us, it was a demand zone, but today is possible being a new supply zone. Next lower target is level 1764 as final end of wave intermediate (3) I hope you enjoyed my analysis. Please consider...
As an Elliottician, this is how I see EURUSD. I recognize there is expanding ending diagonal. What about you
From December 30,2020 , when price USD Index still at level 89, I predicted DXY could turned up to level 94. you can see today Feb 3,2021, the price already at level 91 😉 Please see my previous analysis below 30 December 2020 : 27 January 2021 : Thank you
If compare analysis today Feb 3 with analysis on yesterday Feb 2, the surprise thing is the minuette wave (b) was short. I am waiting reversal movement to go up until touch level 1.55142, and if that become true, then I plan buy if retracement happening.
This is the result of my analysis on NATURAL GAS. Yesssssss the price is going up to finishing the wave (C) of primary B. The wave C can finish at level between 2,991 to 3,267. Thank you Please see my previous analysis O7 Jan 2021 : 30 Dec 2020 :
Last week on January 29, bitcoin was jumped until reach level 38614. First, I was think it as first impulse but after I see it over and over, so I have conclusion that wave b seems made WXYXZ structure. So this bitcoin can be going down to level 26851-24079.
In EURCAD, I found there was impulse moved and it ended on January 26,2021 at level 1,55938 (I labelled it as wave (v) of a). Today Feb 1,2021, the price is drop and can it hunting the next support 1,54154. What I think right now is that support potential can being reversal point for the price to go back to supply zone between level 1,55518-1,55826.
EURJPY potential go up again before get correction small and rally again to 107.500 (this next resistance). And 128,843 can being new support
wow AMAZING 😳 bitcoin just did "surprise rally". Now price willing to finishing wave supercycle (V). Maybe can reach $44000
The bullish trend of NIFTY index is over. This is my personal thought. And let see if price reversal on level between 13781-13143,then potential pullback to level supply 14369-14762. I think 14762 is resistance higher. I'm expecting between 14369-14762, then the price is getting pressure to drop so deep.
I am not surprise if there was pullback movement bitcoin to climbing old supply zone, because wave 4 sometimes can be complicated correction. Those wave 4 was hit 34372 as new supply on 4H timeframe and now is being WXY structure. Remember…as I predicted before, this bitcoin has a chance to drop until level 28361-25589. WAVE STRUCTURE IS NEVER LIE P.s : you can...
As I said on previous analyze, bitcoin really did re-test level 34507 then drop. So it assume being the wave (C) of 4. Today bitcoin is more weakness. Price already around level 30072-30116 , but like I predicted on couple days ago that next lower target is between level 28361-25589 WAVE STRUCTURE IS NEVER LIE ******* This my previous analyze
Gold maybe go up for one more time then. Upper target between 1899-1936 Resistance level is 1959,44
January 27,2021 US Dollar Index seems get down, but let see next few days. There is chance for DXY to continue rally until level 94,184-94,752. *** Actually, I ever posted DXY analysis on Dec 30,2020. Please see picture on below : THANK YOU
In my opinion, bitcoin get strength because price wanna re-test area resistant around $35718 - $34507, but maybe today price get pressure to going down again to level $28361 - $25589 as a final of wave IV. Then we can expect from there, price get energy to flying up and reach area final wave V (between level $42000 - $44000).
Sometimes the structure of minute wave b is really unpredictable. It means, minute wave b can be triangle correction, zigzag correction, flat correction, or complex correction. In USDJPY, I posted yesterday the minute wave b was triangle but today, the price choose to keep going down, and it means that minute wave b is zigzag actually. What we can do now is just...