Following a triangle consolidation, pair is expected to break lower toward 0.8541 and perhaps a little lower to complete wave (( w )) before pairs turns higher to correct the entire decline from 0.8770 high. Break of 0.8610 is needed to confirm wave (( w )) low is in place. If you would like to […]

Metal is showing 5 swings up from 19.13 low which makes 20.06 the connector wave ( b ). Expect another push higher toward 21.55 (1.236 ext) to complete wave (( a )) before metal pulls back in wave (( b )) and trades higher again.

Wave B high is in place & wave C has started impulsive thus we remain bearish in the short-term & expect more weakness toward 2.35 % to complete wave C of ( W ) / (( B )) before another recovery.

Wave ( A ) high appears to be in place. Today, we have seen a break of 6534 which gives us more confidence in this view. Expect some more weakness to complete wave A of ( B ) before we get a pull back in wave B and another round of weakness to complete wave […]