CADJPY is showing a ...来自CLOVER GOLD FX

CADJPY is showing a clean bullish structure where price has completed a corrective ABC pattern within the broader wave 4 and has now broken above the descending trendline resistance that capped previous upside attempts. This breakout from the consolidation zone, supported by strong rejection from the lower boundary of the correction, signals that buyers are gaining momentum and preparing for the next impulsive phase. The grey zone highlights the key retest area where bulls are stepping back in, and as long as price holds above this region, the market is positioned to advance toward the anticipated wave 5 continuation. Overall, the structure reflects strength, trend alignment, and a potential bullish extension as market sentiment shifts firmly in favor of buyers.

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#GBPUSD 🇬🇧🇺🇸 As forecasted in the previous post, price continued exactly within the expected structure. The upside potential remains strong, but patience is key. Before we rush in, let’s quickly remember our —> trading plan! 📌 Why we avoid Wave 1 • Confirm the correction is complete. • Early entries offer poor risk-to-reward. • Wave 1 may still be part of the correction; avoid traps. 📌 What we wait for Enter at the start of Wave 3, where: ✅ Structure is confirmed ✅ Momentum is stronger ✅ RRR is significantly higher Waiting for minor Wave 1 & 2 protects from losses and provides high-probability setups. Similar structures are forming across multiple pairs.

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This XAUUSD 4 hour chart shows that gold has completed a corrective wave pattern labeled as a b and c after a strong fall from the previous high. The market reached the horizontal resistance zone which aligns with the 61% Fibonacci retracement level. This area is acting as a key rejection point where buyers are losing strength and sellers may take control again. The pattern indicates a potential reversal as the price action forms rejection candles around this level. The overall structure suggests that gold could start a new downward move from this resistance area as the market respects both technical resistance and Fibonacci retracement signals showing a shift from bullish correction to bearish continuation.

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#xauusd #xᴀᴜᴜsᴅ Gold on the 4H chart shows that the market completed a five wave bullish structure and after reaching the top it started a corrective phase that moved down in three clear waves labeled a b and c the price is reacting around the horizontal support zone where buyers are trying to regain control the descending trend line marks the limit of the corrective phase and a breakout above it may indicate the start of a fresh upward movement the pattern suggests that gold might build strength around this area before targeting higher levels again showing a possible shift from correction to continuation of the overall bullish trend

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