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The Gold price reached the key resistance of the short-term downtrend — 1983 – 1977. The zone was not broken out on Friday, and one could enter new sales today with the first target at the low of November 16.  If the price consolidates below the low of November 16, the next downside target will be the […]

The oil price is being corrected up in the short-term downtrend and should reach resistance (В) 77.81 – 77.31. When the resistance zone is reached, one could enter new sell trades according to the pattern with a target at the low of November 16. If resistance (B) is broken out, the short-term will turn up. If so,

The EURUSD exceeded the high of November 14 yesterday and reached Target Zone 2, 1.0921 – 1.0904.  However, the price hasn’t consolidated above the high of November 14, and a descending correction started. In case of a correction, the EURUSD should reach support (А) 1.0811 – 1.0803. After support (A) is tested, one could buy with

Gold is being corrected up in the short-term downtrend. The gold price has reached resistance (В) 1983 – 1977. This is the trend border. Unless the zone is broken out, the price will go down. When a sell pattern forms, I recommend entering a sell trade with a target at the low of November 16. When

The oil price continued declining yesterday in the short-term downtrend. The market reached Target Zone 2, 73.11 – 72.45. If the TZ 2 is broken out, the next downside target is the Gold Zone 69.81 – 69.48. If the TZ 2 is held up by the buyers, the price should be corrected up. If so, the market

Ethereum completed a major impulse wave [A]. After this, the price began to decline in the corrective wave [B]. This correction can take the shape of a double zigzag (W)-(X)-(Y). Soon, expect a decline in the last sub-wave (Y) toward 1898.70. At the specified level, correction [B] will be 38.2% of impulse [A]. It is

A few days ago, Ripple completed the linking wave [X] consisting of sub-waves (W)-(X)-(Y)-(X)-(Z). The initial part of a new trend is currently unfolding. It can take the zigzag shape (W)-(X)-(Y) as shown in the chart. Soon expect a decline in the sub-wave (W) in the shape of a double zigzag W-X-Y approximately to the price

Bitcoin is developing a bearish correction [B] as a double zigzag (W)-(X)-(Y). The first actionary wave (W) has been completed. Shortly, expect growth in the linking wave (X) and a decline in (Y) toward 33380.40. At this level, the correction [B] will be 38.2% of [A]. Trading plan for BTCUSD today: Sell 36536.80, Take profit: 33380.40. Myanfx-edu

The EURUSD is to continue rising from support (А) 1.0672 – 1.0663 in the short-term uptrend. The upside target is the Target Zone 1.0765 – 1.0736. If the TZ is broken out, the next buy target will be the Gold Zone 1.0828 – 1.0820. If support (A) is broken out, the correction will continue down to support (В) 1.0630