Elliot waves analystπŸ“ˆπŸ“‰
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We should continue with this bullish push this week as we are trying to trade the final wave 5 of this (c) wave
GBPUSD .. following EURUSD with the bullish push . All of these will be bullish because the dollar index should show weakness this week as part of its season behaviour
USDCAD 4H ,, this week this pair should continue with the bearish drop targeting 1.300
XAGUSD ( silver ) I think we have completed all five sub-waves of this wave (3) now we are entering the correction phase of wave (4)
XAUUSD (GOLD) 4H .. we are now starting the correction phase wave (4) ..
DXY dollar index .. 1h . Once we start trading wave (5) then we will be buying EURUSD ,GBPUSD ,AUDUSD . And selling USDJPY USDCAD AND USDCHD
Okey .. the market us starting to respond well
XAGUSD 4H .. so now that we have traded to wave (4) price has aligned with the bullish seasonal tendency . So from this week we might have a great buying opportunities
XAGUSD (1H) wave (4) formed an irregular flat . So now if price forms a bullish move as wave 1 then the correction wave 2 we will be buying aggressively
XAUUSD (GOLD) 4H ,, from here gold should be bullish , again we could allow price trade lower but it shouldn't trade below 4309.927 , that would invalidate this bullish idea. .
I will update the other FOREX pairs as the week proceed I need more information from today price action