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Eliotwave

GOLD analysis potencial moveHi traders, i hope you are doing well and are ready to crush new year! Anyway i think that we can expect some drop on GOLD since all higher tf are highly overbought and we are inside big runing flat. It looks like price is moving in corrective waves, which can move price to the downside. My first target will be on trendline around 1900 where we need to see if price will hold it and bounce up again or it will break lower. Watch lower tf for price action before entering sells. I hope to see some rejaction and reverse on gold soon, price might first push bit higher to around 1940. Good luck!
OANDA:XAUUSDShort
by KosirFX
GOLD analysis (update)Hi traders, last week I posted that i expect price on gold pushing lower to around 1850 and fib 0.618. Price made new high and reversed. As you see we are having some flag for sell forming on 1h which is completed by abc correction, so i think that gold can push lower now. It needs to break previus low at 1855 to complete that bigger flag for buy, where we already have ab wave and C is expected before reversal. I think that price is lossing buy momentum. If there will be any correction on lower tf i might take it, otherwise im focusing on buy. Good luck and happy new year!
OANDA:XAUUSDLong
by KosirFX
This Christmas may not be too kind, so hodl fast.$ZIL's price action may have performed extremely well of late but let's not get too carried away too soon, as talks of US stimulus isn't yet confirmed. Also, what not with lockdowns appearing in many countries, along with unemployment and defaults on the rise -- but I will do my best not to rain on your parade. Precisely why I have decided to work on a fresh calculation for ZILUSDT 4h chart -- so that we can work with a clean temple. With the recent dip, which an Elliot Wave study strongly surmises as a corrective Wave 4, a reversal at this level would be confirmation that we are to expect a Wave 5 in the near future. Our Target Price (TP) for Wave 5 today is $0.062 and entering a fresh position today would mean that we get to flip up 55% in profits -- but the BIG QUESTION isn't how much our portfolio can increase by, but rather has Wave 4 completed fully or only 1/3 of the way (ie we are only at Corrective Wave A)? My recommendation would be to hold fast, dig in, and let the bulls and bears play it out further, at least until after Christmas. Until then, stay safe.
BINANCE:ZILUSD
by googooboyy
U.S. Dollar continue drop!!! Short PositionToday, the U.S. Dollar continue their descence toward my next target using Fibonacci at 0.618% or $1.2715 USD. Now. looking the chart, we see in Daily that we are forming the Elliot Wave analysis to then continue toward to finish the impulse #5. So, his it's the details: 1. Position: Short 2. Entry Price: $1.2791 USD (Market Price) 3. Stop Loss: $1.2721 USD (30 pips) 4. Target Profit: $!.2715 ISD (75 pips) Good luck in this position
Long
by harisonhbn9718
1
Bullish Monday for BTC?My short term bullish scenario outcome for BTCUSD for this week. Eying 16.800 and if we brake the next macro Fib level we are heading further to 17.200 and posibly hitting 17.6 if we have an adequate bying volume. First support at 14.400-14.500, Always TP and SL as well as time and risk manage your positions. Trade what is happening, not what you dream to happen. We are fundamentaly and technicaly bullish, but we have always been tested out on our greed index, Which hit above 80 just hours ago. FOMO bear trap or ATH by Friday? Joking, lets just follow up on the market and go day by day. and ride the waves. Tell me whant you think. Cheers!
BYBIT:BTCUSD.PLong
by ModesTr6d9r
2