AMZN Bearish Impulse To End Wave Ⓐ Near 72.04
The current AMZN structure suggests a price decline, which could indicate the beginning of a bearish correction b in the long term. It can take the form of a primary zigzag Ⓐ-Ⓑ-Ⓒ. In the near future, prices will move lower in the final intermediate wave (5) of the leading diagonal Ⓐ to 72.04. At that […]
USOIL End Of Correction Hints at New Impulse
In the long term, USOIL could form a triple zigzag Ⓦ-Ⓧ-Ⓨ-Ⓧ-Ⓩ. The primary waves Ⓦ-Ⓧ-Ⓨ seem fully completed. Since December 2022, the market has been moving in an upward primary wave Ⓧ. Perhaps it takes the form of an intermediate double zigzag (W)-(X)-(Y). Now prices are moving higher in the final actionary wave (Y). The […]
GOLD Impulse with Alert USER MANUAL – Trading Systems – 28 January 2023
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BABA End of Bullish Correction Hints at Impulse
BABA suggests the continuation of the bearish trend. This takes the form of a cycle triple zigzag consisting of sub-waves w-x-y-x-z. The actionary wave y and the intervening wave x have ended as double zigzags. Wave z is now under development. It is likely to take the form of a primary zigzag Ⓐ-Ⓑ-Ⓒ. There is […]
NZDUSD Final Leg of Bullish Impulse Underway!
A closer look at the 1H timeframe shows that the market has already completed the formation of a cycle actionary wave y. Thus, in the last section of the chart, we can see the formation of a new bullish trend. Most likely, there is a construction of the primary wave Ⓐ. This can take the […]
NZD/USD aims to extend recovery above 0.6250 amid risk-on impulse, US NFP hogs limelight
NZD/USD is looking to stretch its recovery above 0.6250 backed by a rebound in the risk-on mood. The US Dollar Index is struggling below 104.80 ahead of the US NFP data release. Upbeat US ADP Employment Change data has resulted in more troubles for the Fed policymakers. The NZD/USD pair is struggling to extend its […]