The 4 hour right side is up against 12883 low from 12/10/2019. The hourly right side is up while above 12942. While above there expect the index to extend higher toward the 14000-14250 area in the daily wave ((3)) before it corrects the cycle from the 8/15/19 lows.
The pair ended a cycle up in wave ((1)) from the 9/3/2019 lows at 1.3519 on 12/13/19. From there a cycle in wave (A) ended at 1.2904 & wave (B) is in progress as a triangle while above the 1.2954 lows where the hourly is turning up. While a bounce fails below 12/13/19 highs it can see a pullback lower to correct the cycle from the 9/3/19 lows. While it shows...
The pair ended a cycle up in wave ((1)) from the 9/3/2019 lows at 1.3519 on 12/13/19. From there a cycle in wave (A) ended at 1.2904 & wave (B) is favored ended at 1.3287. While a bounce fails below 1.3118 where the hourly is turning down it can see a pullback continue to correct the cycle from the 9/3/19 lows. While it shows it will remain above the 9/3/2019...
The 4 Hour right is up against 126.54 low from 8/11/2019. The cycle from there in wave (A) ended at 148.07 . While above 140.79 where the hourly is turning up a bounce to correct the cycle lower from there can develop. While below the 148.07 highs another swing lower in wave (B) to correct the cycle up from the 8/11/2019 lows can be seen. While above there expect...
Gold is favored ended the cycle from 8/16/2018 lows where the daily right side is up in wave ((3)) at the 9/4/2019 highs at 1557 and a pullback to correct the cycle from the 8/16/2018 wave ((2)) lows ended wave ((4)) at 1446 on 11/12/19 where the 4 hour is turning up. While above there the metal can continue higher in wave I toward the 1700-1750 area before it...
GER 30 Weekly Trade Setup
EURUSD WEEKLY SETUP- THE PAIR TRADING IN UNDER TREND LINE , WE CAN SEE TO TEST 1.1900-1.20000 BEFORE FALL AGAIN.
The pair is favored to remain in a cycle higher in wave (1) from the 8/26/19 lows where the daily is turning up. The 4 hour right side is up from the 107.63 lows where wave 4 ended. While a pullback remains above the 109.75 lows where the hourly is turning up the pair can see the 111.00 -111.50 area in wave 5 of (1) before it corrects the cycle up from the 8/26/19 lows
Gold is favored ended the cycle from 8/16/2018 lows where the daily right side is up in wave ((3)) at the 9/4/2019 highs at 1557 and a pullback to correct the cycle from the 8/16/2018 wave ((2)) lows ended wave ((4)) at 1446 on 11/12/19 where the 4 hour is turning up. While above there the metal can continue higher in wave I toward the 1700+ area before it...
The cycle in wave (W) ended at 2.0566 where the 4 hour is turning down. While below the 1.9839 highs where the hourly is turning down the pair can continue lower again to correct the cycle up from the 12/12/2018 lows.
he pair is favored to remain in a cycle higher in wave (1) from the 8/26/19 lows where the daily is turning up. The 4 hour right side is up from the 107.63 lows where wave 4 ended. While a pullback remains above the 109.76 lows where the hourly is turning up the pair can see the 111.00 -111.50 area in wave 5 of (1) before it corrects the cycle up from the 8/26/19 lows.
Crude is favored ended correcting the cycle up from the 12/24/2018 lows at 51.05 on 10/3/19 where the 4 hour is turning up. The wave (1) cycle from the 10/3/19 lows has ended at 65.66 where the hourly is turning down. While a bounce fails below there expect another swing lower to correct the cycle from the 10/3/19 lows.
A second wave (x) ended at 1.2532 on 2/16/18 where the weekly is turning down and the daily right side is down. Down from there wave a ended at 1.0877 on 10/1/19 where the 4 hour is turning up. From there a wave ((W)) is in place at the 1.1239 highs from 12/31/19 where the hourly is turning down. From there the cycle in wave (W) ended at 1.1084. While above...
The pair ended a cycle in wave (1) at .8276 where the 4 is turning up. While above the .8421 lows where the hourly right side is up it can see a bounce correct the cycle from the .9331 highs from 8/12/2019 where the daily is turning down.
Gold is favored ended the cycle from 8/16/2018 lows where the daily right side is up in wave ((3)) at the 9/4/2019 highs at 1557 and a pullback to correct the cycle from the 8/16/2018 wave ((2)) lows ended wave ((4)) at 1446 on 11/12/19 where the 4 hour is turning up. While above there the metal can continue higher in wave I toward the 1700+ area before it...
Crude is favored ended correcting the cycle up from the 12/24/2018 lows at 51.05 on 10/3/19 where the 4 hour is turning up. The wave (1) cycle from the 10/3/19 lows has ended at 65.68 and while a bounce fails below there expect another swing lower to correct the cycle from the 10/3/19 lows.
The pair is favored to remain in a cycle higher in wave (1) from the 8/26/19 lows where the daily is turning up. The 4 & 1 hour are turning up from the 107.63 lows where wave 4 ended. While a pullback remains above there the pair can see the 111.00 area in wave 5 of (1) before it corrects the cycle up from the 8/26/19 lows