XAUUSD Incomplete Triple Zigzag Hints at Further Growth
It is assumed that a triple zigzag pattern is formed for gold in the long term. This consists of sub-waves Ⓦ-Ⓧ-Ⓨ-Ⓧ-Ⓩ. Perhaps the first two sub-waves Ⓦ-Ⓧ have ended, and the third sub-wave Ⓨ is under development. The internal structure suggests that the wave Ⓨ forms an intermediate triple zigzag. We can see that sub-waves […]
DXY Triple Zigzag to Lower Prices!
The current DXY structure suggests we are at the end of a global corrective trend. This is in the form of a triple zigzag pattern Ⓦ-Ⓧ-Ⓨ-Ⓧ-Ⓩ. It seems that the sub-waves Ⓦ-Ⓧ-Ⓨ-Ⓧ have ended. In the near future, the price depreciation is expected to continue in the primary wave Ⓩ. It is also like the […]
USDCNH Triple or Double Zigzag?
USDCNH seems to be forming a double zigzag of the cycle degree w-x-y. The first large wave w is completed as a standard zigzag. The bearish intervening wave x could also be fully constructed. At the moment it looks completed as a double zigzag of the primary degree Ⓦ-Ⓧ-Ⓨ. In the near future, prices could […]
USDCAD Final Leg of Triple Zigzag Begins
Just like a few weeks ago, USDCAD formed a correction triple zigzag consisting of cycle waves w-x-y-x-z. The first four sub-waves w-x-y-x are fully completed. The final actionary sub-wave z is being built. The wave z takes the form of a primary double zigzag Ⓦ–Ⓧ-Ⓨ. vAt the moment, prices are in the […]
SPX500 Triple Zigzag Bounces Prices to 5K!
The current SPX500 timeframe shows the final part of a large impulse consisting of sub-waves I-II-III-IV-V. We see a fully completed cycle correction IV as a primary triple zigzag. In the near future, the price could continue to rise above 4636.46, within the final cycle wave V. This will take the form of a primary […]
GBPJPY Double Zigzag To Complete Bullish Trend
The GBPJPY currency pair is in the final part of a major triple zigzag Ⓦ-Ⓧ-Ⓨ-Ⓧ-Ⓩ correction. The final actionary wave Ⓩ takes the form of an intermediate double zigzag (W)-(X)-(Y). The intermediate wave (W) looks completed at the writing time. And this makes the next few trading days interesting, as a bullish […]
USOIL Triple Zigzag Heads to $100!
USOIL suggests the formation of a triple zigzag pattern Ⓦ-Ⓧ-Ⓨ-Ⓧ-Ⓩ. The primary waves Ⓦ-Ⓧ-Ⓨ seem to be fully completed. In the last section of the chart, we see the formation of an ascending primary intervening wave Ⓧ. This takes the form of an intermediate double zigzag (W)-(X)-(Y). The final wave (Y) will likely end near […]
XAUUSD Intermediate Triple Zigzag To End Near $2K!
XAUUSD continues developing a large correction pattern that forms a cycle triple zigzag. There is a possibility that the cycle wave z also takes the form of a primary triple zigzag Ⓦ-Ⓧ-Ⓨ-Ⓧ-Ⓩ. It is possible that the primary wave Ⓨ will end in the form of an intermediate triple combination (W)-(X)-(Y)-(X)-(Z) near 1992.12. At that […]
USDCNH Double or Triple Zigzag?
In the long term, the USDCNH pair is expected to form a large double zigzag consisting of cycle sub-waves w-x-y. The actionary wave w took the form of a standard zigzag. The bearish intervening wave x has ended. This wave contains a double zigzag of the primary degree Ⓦ-Ⓧ-Ⓨ. Thus, in the near future, prices […]
DXY Triple Zigzag To End Near 101.41
The DXY index chart shows the end of the global corrective trend. This took the form of a triple zigzag consisting of cycle waves w-x-y-x-z. Prices have now formed a bearish triple Ⓦ-Ⓧ-Ⓨ-Ⓧ-Ⓩ zigzag pattern. It seems that the sub-waves Ⓦ-Ⓧ-Ⓨ-Ⓧ have ended. In the near future, the price is expected to […]