I also had this wave count till yesterday (you can see lot of buys) but impulse didn't happen. So it's not zigzag with wave C. This assumption will be confirmed after price drops below 1.2626
Situation is global for all 3 charts - correction phase started. Minimal targets are 30%. You can place ongoing sell orders after rallies that will not lead to new heights.
EUR/USD
GBP/USD
GOLD
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Gold must be forming wave "C" that should reach 883 level as minimum or even lower.
GBP/USD will jump into 1.9620 area and continue to decline.
EUR/USD is topping below 1.47 level. Decline should follow afterwards to 1.44-41 level.
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EUR/USD
Euro felt below 61% support line from the previous upside move. There are two possible scenarios:
a) Euro will continue to fall to 1.4310 area, forming wave A of decline move. This will indicate serious problems for EUR in next 1-2 months.
b) Euro will rebound and attack 1.5...
USD/CAD is a tough one to say..
Basic analysis shows that next 2-3 month target will be 0.867.
But it is possible that we will have another jump into 1.05-1.10 area and then back to new lows.
It's really uncertain about CAD. It's not like EUR/USD or GOLD.
EUR/USD
EUR is still forming correction that should reach at least 1.4730 target. After this correction uptrend will continue.
GOLD
Gold has passed minimum requirements for correction wave length and could start forming uptrend this week.
Notice: wave count on this chart could be...
I forgot to say that I will not comment anything in this thread.
Feel free to comment and discuss it but without me.
I will comment 'commoditiestrdr' as exception..
Your wave labeling is wrong. I see no impulse wave on this degree that you are talking about. However, correction is will...
GOLD
Gold has finished (or is finishing ) it's wave "a". Correction wave "b" can extend to 895-877 price level. From that point uptrend will continue
EUR
EUR/USD made reversal and uptrend wave "a" is already finished. Correction can extend to 1.4525 but minimal target is 1.4620...
This is another type of investors that come visit my site.
To Daal:
Unfortunately, I can't do less then 1653% per minute. It will distort my trading style.
I think I need some help here.
It seems all investors are looking for good trader with consistent track record for several years.
I was trading with 2 of mine partners and we have been doing this for 2 years on account of one Russian investor. Recently because of disagreements inside of...