Mntungwa87

Mntungwa87

Me looking into this index, this looks like a potential triangular pattern... with a potential zone that can give us wave E as an entry.

Mntungwa87

price will eventually fill the gap, thus... there can be an opportunity to enter should the price at least come back to the qml. should it not come back I guess its a miss

Mntungwa87

looking previously into this price action, price has broken the structure (BOS) and has formed the qml thus price is likely to mitigate the qml before a drop target is the blue box

Mntungwa87

gold is currently trading at wave 4. that shoud rally for wave 5 of high degree 3. However I'm looking at this to atleast trade into the blue box.

Mntungwa87

This price action is likely to continue forming new highs, I therefore trust this doesn't break the previous LH and that the zone push the price upside.

Mntungwa87

From this zone is the potential buying area, I hope it will hold price, and resume the bullish trend

Mntungwa87

This looks, seem to be a convincing diagonal, then we should expect a wave 5 for this structure to be complete and confirmed as a diagonal.

Mntungwa87

there is a possibility for this to trade upside..... the breakout of this structure will confirm that this will close up all the void

Mntungwa87

usdcad this can possibly be a last leg of a correction on high degree. I haven't marked entry zone yet.

Mntungwa87

this is wavering into the accumulation phase this will eventually break below. I'm looking into the above zone for sell setup

Mntungwa87

Silver is likely to push upside from 50% - 61.8% retracement to the blue box.. and can push further upside. same thing with Gold

Mntungwa87

More drop expected to happen on this pair, to give us a wxy structure

Mntungwa87

This looks interesting, I'm looking for the above BDB as a potential sell zone with sl sitting at or slightly above the high. also monitor the zone below for price action. the entire movement will complete the WXY correction for more upside

Mntungwa87

Lets see how price react in this zone, seem to be a very potential zone for buying, let price run liquidity first

Mntungwa87

Bullish buyers can be confirmed on breakout above of this structure. if that happens therefore we looking at running flate.....

Mntungwa87

Right into the box.. This should be a sell setup of this wave 2

Mntungwa87

The zone is very potential for price to fill the IMB above. There's a possibility that this is the complete running flat and price can go break the high and even futher.

Mntungwa87

Yen is building up strength across all pairs..... rally south will be seen alot.