DollarPipsFX

Bitcoin has been on a massive bull run for a few months. However I believe we are towards the end of our Minor Wave 1. What I expect to see is a Bullish Ending Diagonal before any major correction downwards.In this situation, an Ending Diagonal with a Divergence in the Awesome Oscillator would indicate that buying power is starting to diminish and possibly followed by some major retracements. Hence expectations are for price to go upwards in the channel to complete the Ending Diagona. The leg C of that ending Diagonal would be around 74K-75K. After that we may see a retracement and another push up to complete its Wave D and Wave E.

For GOLD I believe we are currently in a new uptrend which should unfold in 3 major waves to the upside..This is because I believe we are in a diagonal in the grand major timeframeNarrowing down to the smaller timeframe i expect this 3 wave move to unfold as a ZigZag. Hence we should see a 5-3-5 structure to the upside. We are currently in the first LEG A which should be unfolding in a 5 wave move up. Within that mentioned LEG A we seem to be completing its Minor Wave 1. I believe we are currently in a diagonal to the upside to complete Minor Wave 1 before we see any deep retracement for Minor Wave 2 Within the Leg A of the ZigZag.

For GOLD i believe we are in our last push up in the 5 wave diagonal for Minor Wave 5 within the Major Wave 5. As we can see price respected the diagonal channel at the bottom indicating the end of Wave 4. With that being said i believe we will be creating new highs for Gold by somewhere around late this year. The inflation situation with the USD is also another good indicator as to why more people may start buying Gold as a safe heaven until unless the US comes up with some good news fundamentally. I do not see that happening at least not till next year or when the election is over. Till then i believe its GOLD BULLISH as it aligns with my TA as well. Great Swing Positions. Good Luck

For BTC I believe we have ended our Major Wave 4 correction. Hence i believe we are currently in our Major Wave 5 to the upside. Within the Major Wave 5 we are currently in its Wave 3. Within the mentioned Wave 3 we are currently in its Wave 2 which seems to be unfolding as a diagonal. Within the diagonal we have completed its Leg A,B,C and D, and are currently in the midst of completing its Leg E before we see a small dip followed by another major push to the upside. I believe we may see Leg E complete somewhere around the 50,000$ mark before we see the small dip followed by the push up. For more short to medium term traders i believe as and when prices reaches the 50,000$ area i would be looking to close my buy trades wait for the dip and buy again. If you are a swing trader now is the best time to get in a buy and let it ride the wave up. For BTC i believe we will be breaking all highs and going even further up for the medium to long term. Good Luck

I believe from current prices we shall see a strong push up till about 4200-4300 area before a small dip for Minor Wave 4 before another push up for Minor Wave 5 to complete the Wave 1 within the Major Wave 3. Invalidation would be around 3130 area. For this pair we are looking at breaking new highs in the long term.So if you are a swing trader its a good time to enter and ride the wave. Good Luck

Based on my last analysis the market moved as predicted. Market did give a small push up for Minor Leg B before pushing down sharply for Minor Leg C. As for now i believe we are at the completion point for Wave D of the Triangle for Major Wave 4. At this moment i will be looking for BUY Setups to complete Wave E of the Triangle which would then complete Wave 4 as a whole. As price hits the upper channel to complete Wave E of the triangle i would then start looking for Medium term Sell Setups to complete the final move down which is Wave 5 before we see Bitcoin shooting up and creating records. Good Luck

For Bitcoin in the major timeframe we are still in the midst of completing the Flat corrective structure for Major Wave 4. Within that Flat structure we are in its final Leg C. Within that Leg C we are currently in the 5th wave and final bearish move down before major movement to the upside for Wave 5. On the minor timeframe we seem to be completing Wave 2 in the minor timeframe via a triangle corrective structure. Possibility for a good sell setup as soon as price completes the E Leg of the triangle as indicated on my analysis. After that i believe we will be in Wave 3 to the downside. However if i am wrong i will Cut my losses if price goes above the nearest resistance beside it. I feel its a good risk to reward.

We seem to have started our Wave 5 on the minor timeframe within the FLAT Corrective Structure of Wave 4 on the major timeframe. Within that Minor Wave 5 we seem to have completed our Wave 1. Currently I'm expecting a Zigzag for Wave 2 before moving further down for Wave 3. We also seem to be in the final leg of the Zigzag. So I'll be looking for sells after the next push up. I believe price will break the current nearest minor resistance before going bearish. However if I'm wrong I'll cut my loses if price crosses my main resistance structure above. Good Luck

I'm hoping for price to drop down to as my red arrow as that would mean price was doing a FLAT for the Minor Wave 2 within the C LEG of my Zigzag. If that's the case I'll be buying at the the end of the FLAT structure for Minor Wave 2 and riding the price till it completes all 5 waves of the C LEG of the zigzag.

Gold seems to be completing LEG C of the Zigzag as a Diagonal. Therefore I believe we still have one more push up for LEG E to complete The Zigzag for MAJOR TF Wave 2. LEG E has the tendency to overshoot its channel so beware of that. Once LEG E is complete we will be going for our Major TF Wave 3 SELL, which will be in a 5 Wave Pattern down. NFP is tonight, so that may effect the validity of my mapping as fake outs and stop loss hunting may occur.. So beware of that too. Good luck