💲 DXY (4H), One more down before breaking out
Still is in the same structure, short term expecting a down move to break/touch the line, and then as shown on the chart, the up move is expected
🟡 Gold (XAUUSD) 🇺🇸 (4H) Correction done (Wave 4) waiting for the signs of an impulse (Wave 5)
The previous analysis is still valid and as forecasted it seems wave 4 is completed and soon we should see signs of an impulse for the price action to get out of the corrective structure and start the 5th wave.
🇺🇸 S&P500 (4H) A leg low but not that low
The trade is still active and its stop-loss moved to profit, just above the local trendline.
The forecast has shown on the chart, plus 2 low and lower possibilities.
🟡 Gold (XAUUSD) 🇺🇸 (4H) First down (Wave 4) Then up (Wave 5)
If my wave counting is correct, we are in the 4th wave of a strong uptrend which seems is getting to be completed because of 3 possibilities:
🇳🇿 NZDUSD 🇺🇸 (4H) Needs A Corrective Structure
We are expecting a rather fast completion of this corrective structure for the preparation of breaking the weekly trend line.
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by fxean 1 year ago
Happy Trading, Stay Green ✌️ What's your view on this? Please let us know in the comments. -
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♂️ Happy Trading, Stay Green ✌️ What's your view on this? Please let us know in the
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