Saturday, May 30, 2020

Market Analysis of the 1st of June 2020 : Trading Opportunities on D1, H4 & H1

Daily charts: Few charts with the start of a new trend this week...

Click on the Menu on "Market Analysis" for all the analysis.

EUR/USD: This week, the price has frankly broken the upper level of the fractal box, the lines of the alligator are opening, look for longs.
GBP/USD: Bearish wave 4, the lines of the alligator are starting to intertwine again, patience.
USD/JPY: Bearish wave 4, the alligator is starting to sleep, patience.
USD/CHF: Bearish wave 4, the price has just broken the lower level of the box, look for shorts.
AUD/USD: Bullish wave 3 with very few power though, the price keeps moving up after a new break of the box, the alligator lines are open, look for longs.
EUR/JPY: Bearish wave 4, the "c" move has became a new impulsive wave in the opposite direction, the alligator is wide open, look for longs.
USD/CAD: Bullish wave 4, the price has broken the lower level of the price, there is no level on the left to stop the price to move down, look for shorts.
NZD/USD: Bearish wave 4, the price has broken the upper level of the price, there is no level on the left to stop the price to move up, look for longs.
XAU/USD: Wave 3 (probably wave 4 but not official yet) but divergence and the wave has no more steam, the lines of the alligator are starting to intertwine, patience.

For orientation/direction of trades, click  "Signals" in the menu (From the 1st of June 2020 from 8.30 am GMT+1)

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