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The BTCUSD must be forming the second leg of the potential double zigzag, the linking wave [X], as a double zigzag (W)-(X)-(Y). Sub-wave (W) is a simple zigzag A-B-C, the linking wave (X) is a triple zigzag. There is unfolding sub-wave (Y) as a standard zigzag A-B-C. The complex corrective wave B should soon finish […]

The short-term euro trend has once again reversed down. Yesterday, the Intermediary Zone 0.9973 – 0.9962 was broken out without patterns. Now the Target Zone 0.9867 – 0.9845 serves as the target for sales. Consider new euro sales on correction at strong resistance levels, the Additional Zone 0.9969 – 0.9964 and the Intermediary Zone 1.0027 – 1.0017.

The Gold Zone 1710 – 1707 was broken out. Therefore, the new target for sales is the Target Zone 2, 1677 – 1671. At the moment, a correction is developing in order to test the Additional Zone 1706 – 1705. After the AZ test, consider sales according to the pattern with the target at yesterday’s low.

The short-term oil downtrend continued yesterday. As a result, the Target Zone 88.64 – 87.78 was broken out. The next target for sales is the Gold Zone 84.34 – 83.91. At the moment, the price is correcting and testing the Additional Zone 88.11 – 87.89. The AZ serves as a strong resistance level in which

The ETHUSD market is forming the bearish wave [C] as a five-wave impulse (1)-(2)-(3)-(4)-(5). The first impulse wave (1) has completed, and bullish correction (2) should be developing as a zigzag A-B-C. Correction (2) should finish at a level of 1720.00, the high marked by sub-wave 4. Next, the price will be declining in impulse (3).

The XRPUSD is forming the initial part of the potential double zigzag, sub-wave W. Sub-wave W is developing as a triple zigzag [W]-[X]-[Y]-[X]-[Z], with the final sub-wave [Z] unfolding inside as a double zigzag (W)-(X)-(Y), as outlined in the chart. The first sub-wave (W) should be a simple zigzag A-B-C. Sub-wave W should finish at

The BTCUSD continues forming the standard descending zigzag (A)-(B)-(C), with the first impulse wave (A) completed inside. The bullish correction (B) should be currently unfolding as a double zigzag W-X-Y, as outlined in the chart. The first motive wave W is developing as a zigzag [A]-[B]-[C], with sub-waves [A] and [B] completed inside as an

Yesterday, euro traders broke out the Intermediary Zone 1.0016 – 1.0005. The short-term trend has reversed up. However, the August 26 high was not updated. Today, a correction has begun, within which traders are trying to break out the Additional Zone 1.0026 – 1.0020. If the price fails to return to this support, the correction will continue

Yesterday, the precious metal reached the Gold Zone 1710 – 1707. The short-term downtrend continues. If the Gold Zone is broken out downside, the next target for sales will be the Target Zone 2, 1677 – 1671. It is profitable to consider new gold sales on correction. Zones 1720 – 1718 and 1738 – 1734