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USDCHF . Also the correction phase has extended further that what I expected but am still bullish here
XAGUSD (SILVER) 1H .. WAVE 4 is extending far than what I expected so lets see if it crosses the 50% FIBONACC level then we will start to reconsider our analysis , but for now we are still expecting bullish prices
BTCUSD UODATE... the bullish trend should continue this week as we haven't completed wave 3
This is what was happening ...missing the turning point again . Twice in one week its not good
Trade signals for all these pairs will be sent to our VIP group . Contact me @mwakasole to join
XAUUSD (GOLD) we talked why this was and ending diagonal and the target we will aim for now that the bullish trend has been established (check Friday analysis) . Next week we will keep looking for buying opportunities
BTCUSD 1H .. we though price was forming a WXY pattern instead it opted for a more complex variation WXYXZ .. now that the correction phase is over we should see BTC continue trading up
GBPUSD 1H . Similarly we expect the bearish trend to continue throughout next week . Also we prefer price takes out the high that made depth of correction for us to have high probability setup
EURUSD 1H .. this bearish trend should continue throughout next week . good trading opportunities will present it self hopefully if wave 4 completes its wave c to the depth of correction
DXY 1H ... dollar index .. price should continue with bullish momentum next week . But on Monday and maybe Tuesday we should see price bearish leg to complete this wave 4 . Am eyeing the depth of correction as a possible target of wave 4 then we should start moving up from there
I hope you all are having a great week end . The following are next week watchlist
XAUUSD 1H .. instead of a a correction move this was an ending diagonal move (3-3-3-3-3) very hard to spot considering it was not converging on wave (5) , but as I have stated before waves especially on forex usually manipulate the formation so instead of focusing on how the wave looks focus on how it is formed (internal sub waves). At the end we would have arrived on the same idea but you would be lost in the long run because of this mistake
