I_jafarr
@t_I_jafarr
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I_jafarr
Last week was very interesting, initially xauusd change its character in H4 upon retesting to its golden zone, it drop immediately and start making its B to C wave and hit 161 percent, Now the Coming week is not impulsive we may see some retracing here and consolidation, as gold has broken its main support level, we are expecting gold to retrace to its 50 percent which is 100 percent of the h4 impulsive wave. there are a few other things that are considered too in this analysis, feel free to ask, as i mentioned in my last few analyses i don't believe in fundamentals, fundamentals are manipulation,
I_jafarr
Etherium bull Etherium is bull Reasons are Impelsive wave in daily hit 161 percent Retest to 100 percent There is a QM pattern in daily which is tested, Choch is done in H4 right now, Minor rest is possible to the domain breakout area in H1, Major reason is there is weekly impelsive wave and all this moment is the restet to the golden zone. This is just idea for educational purpose only .
I_jafarr
ETHUSD is Bullish eth is bluish according to my analysis, if we look daily impulsive wave it has completed its wave b to c and retrace to wave b a 100 percent, now also in h4 it has choch the near area and rising again, now it BOS and the trend is up again, this is just idea.
I_jafarr
This is my idea only! Not any suggestion!Elliot implsive wave is on its 3rd move!Retest is possible from 86 to 90 to 1752 and the 5th wave will be 1752 to 1834. Also i use fibo.. In Which tp1 is 1786 arae and tp2 is 1834 area and tp3 is 1875 areaAlso i use support and resistance wich is mentioned too! Also use some indicators
I_jafarr
as we can see Gold breakdown from its daily and major weekly trend and retested back the trend but failed to enter. Moreover, fundamentally the situation is getting normal so I think. Technically it has to be bear because 1850 is significant resistance for now if it breakout from it then the chances are much higher which is fundamentally not possible as for I know, this is a market it's not my dad's property so that I can tell exactly, it is what concluded fundamentally and technically.
I_jafarr
it's for Educational Purposes and its my Personal idea.
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