Good evening folks, the Lord’s Blessings to you all.

 

 

https://twitter.com/bullwavesreal


EURUSD.


EURUSD 1hr.

EURUSD 4hr.

EURUSD daily.


There are a few changes tonight because of that resistance break.
So,
Lets do a round up of all three charts for EURUSD.

The daily chart shows this rally as wave [b] of ‘2’.
A three wave rise as part of a larger expanded flat correction,
rather than a contracting triangle in wave [b] as previously shown.

If wave [b] closes above the wave ‘1’ high that gives a target at 1.1277 for wave (c) of [b].

The 4hr chart shows a possible diagonal pattern for wave (c) of [b].
this pattern will allow for wave [b] to top out below 1.1277.

The hourly chart shows the final rally in wave ‘v’ of (c) and expands the ending diagonal pattern.

Tomorrow;
Watch for wave ‘v’ of (c) to hit 1.1139 at the wave (a) high.
We will see if there is a reaction lower off that level to signal wave (i) of [c].


GBPUSD


GBPUSD 1hr.

GBPUSD 4hr.

GBPUSD daily.


The wave count in cable got busted today also with a spike above 1.3044.
We are now back to the previous wave ‘2’ high again.

Wave [c] of ‘2’ is shown as a five wave rally on the 4hr chart.
The pattern in wave [c] is again another ending diagonal,
with wave (v) of [c] now at a new high for the pattern.

The hourly chart shows the three wave nature of wave (v) quite well.
with the new high today breaking above the upper trend channel line.
And even now the larger channel line is close at about 1.3140.
We will soon see if we can reach that level to finish wave (v) of [c].

Tomorrow;
Watch for wave ‘c’ of (v) to complete the larger wave [c] pattern.


USDJPY. 


USDJPY 1hr.

USDJPY 4hr.

USDJPY daily.


USDJPY has not broken last nights pattern but it is darn close to doing so.
I am going to allow for another low in wave ‘v’ of (c) to break 145.16.
That will complete wave (c) of [b],
and then wave [c] will be free to run higher towards 152.00 over the coming weeks.

tomorrow;
Watch for wave [b] to close out with a break of 145.16.
Wave [c] can then turn higher as suggested.


DOW JONES.


DOW 1hr.

DOW 4hr

DOW daily.


I cant resist a maybe!

so here it goes.
The rally in wave ‘c’ of (ii) is forming a very slow and grinding top here.
Wave ‘5’ of ‘c’ may be tracing out a small five wave pattern into this high.
The pattern is holding within the trend channel again today
even though the market is hugging the upper trend channel line.
momentum has topped out and reversed on three timeframes.
Most notably,
4hr momentum shows a reversal off a lower high at an extreme.
The only larger extreme is at the all time highs.

Tomorrow;
The pattern holds for another day,
lets see if the the market will agree with me tomorrow and actually fall back into wave (iii).


GOLD


GOLD 1hr.

GOLD 4hr.

GOLD daily.


A five wave pattern is now in place for wave ‘c’ of (b).
The price has created a throw over in wave (b) now.
And the price fell off the high with some impulse to it.

A drop in wave (c) will get a probability boost with a break of 2432 at the previous wave ‘4’ low.

Tomorrow;
Watch for wave ‘i’ of (c) to fall back below 2432 to signal the decline has begun.


CRUDE OIL.


CRUDE OIL 1hr.

CRUDE OIL 4hr.

CRUDE OIL daily.


Crude dropped early in the session to hit 72.50 and then came the bounce.
That gives us a nice five wave decline in wave ‘1’ now.
and now I can look for wave ‘2’ to begin.
The bounce off todays lows may be wave [a] of ‘2’ but I can’t be sure yet.

Tomorrow;
Watch for three waves up to complete in wave [a] near the 75.00 handle again.


S&P 500.


S&P 500 1hr

S&P 500 4hr

S&P 500 daily.


A halt in the rally today at least gives a chance to the bearish option!
you can say that I am a fool to continue to allow for this possibility,
maybe I am.
But that does not take away from the possibility!

Tomorrow;
The wave count if full into a possible wave [ii] high.
even a squeak higher tomorrow will invalidate this count.
the all time high is very close and I know this is an attractive target for the subconscious.


SILVER.


SILVER 1hr

SILVER 4hr.

SILVER daily.



Silver made a push to a new high in wave ‘3’ of ‘iii’ of (i) today.
And now we have a drop off to begin wave ‘4’ of ‘iii’.
Wave ‘5’ will top out wave ‘iii’ later this week if all goes well.
and then early next week I will look for a correction into wave ‘iv’ of (i).
The market should take another step higher into wave ‘5’ of ‘iii’ later this week.

Tomorrow;
Watch for wave ‘iii’ of (i) to complete five waves up as shown in the coming few days.


BITCOIN


BITCOIN 1hr.

BITCOIN 4hr.

BITCOIN daily.


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FTSE 100.


FTSE 100 1hr.

FTSE 100 4hr.

FTSE 100 daily.


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DAX.


DAX 1hr

DAX 4hr

DAX daily.


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NASDAQ 100.


NASDAQ 1hr

NASDAQ 4hr.

NASDAQ daily.


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