MrLiquidonFX

MrLiquidonFX

Gold (XAUUSD) is unfolding a textbook contracting triangle on the 4H chart, currently developing leg D of the pattern. This structure has been forming over the past few months and reflects classic market behavior during the summer — slow, sideways consolidation as many participants are away for the season. Given the current structure, I expect one more leg down...

MrLiquidonFX

We continue to monitor a promising Elliott Wave setup on XAU/USD. The current structure suggests the completion of a complex corrective wave pattern, followed by the formation of a new impulsive bullish wave. 🧩 Elliott Wave Count: The previous cycle concluded with a W-X-Y correction followed by a sharp decline into Wave (2), bottoming around 3249. A leading...

MrLiquidonFX

This is a continuation of our previous analyses on Gold, presenting an alternative view within the same broader Elliott Wave framework. We're now considering the possibility that the recent 5-3-5-3-5 formation was a Leading Diagonal in Wave (1). 🔍 Wave Structure Insight: The price action from the $3,118 low appears to have unfolded in a 5-3-5-3-5 structure,...

MrLiquidonFX

Gold may be nearing the end of a complex double three (W)-(X)-(Y) corrective pattern, suggesting that the recent upside momentum could be exhausted and a larger degree bearish wave may be on the horizon. 🔹 Wave Structure Analysis The initial decline completed an ABC Zigzag correction, labeled as Wave (A)-(B)-(C). Price then rallied into a W-X-Y double three...

MrLiquidonFX

Gold appears to have completed a corrective Elliott Wave structure (A)-(B)-(C) within a contracting wedge pattern, followed by a bullish breakout signaling the beginning of a new impulsive wave cycle. 🔹 Wave Structure Overview The corrective decline formed a clear ABC correction inside a falling wedge, marked in red. Following the final touch on the wedge's...

MrLiquidonFX

Gold has been consolidating within a contracting triangle, forming a complex wave B structure as part of a larger ABC correction under Elliott Wave Theory. The triangle appears nearly complete with wave (D) in place and wave (E) expected to push slightly higher before a sharp breakdown resumes. This wave count suggests we're about to enter wave C, targeting...

MrLiquidonFX

EURUSD is currently completing a contracting triangle formation within a larger corrective structure. According to Elliott Wave Theory, this appears to be an ABC correction, with wave B unfolding as a classic contracting triangle pattern (ABCDE). The chart highlights the subwaves: 🔸 (A), (B), (C), and (D) have completed, 🔸 Wave (E) is anticipated next—likely to...

MrLiquidonFX

Triangle pattern seems to form on EURUSD indicating further down move.

MrLiquidonFX

Gold has stalled at 78.6 fib level. I expect to see another leg to the downside to form an ABC pattern.

MrLiquidonFX

Last week we saw the breakout of the triangle with possible higher highs, however this week we see a lot of choppiness in the markets and now an expanding diagonal which could indicate the end of the whole trend. I would advise caution trading gold as prices below 2924 could indicate the start of correction and wave A

MrLiquidonFX

We see an ascending diagonal forming on a possible wave 5. This is possible a correction pattern with 50% retracement

MrLiquidonFX

We see a flat forming on GBPJPY which indicates further down move. This may indicate an ABC move or even an impulse wave to the down.

MrLiquidonFX

We see very nice diagonal pattern forming on EURUSD. This indicates higher prices.

MrLiquidonFX

We see a possible WXY pattern forming on GOLD. We believe we already finished wave 1 and we are now entering wave 3. Our target is 2845.

MrLiquidonFX

We see a possible leading diagonal with the retracement. We are now officially in wave 3.

MrLiquidonFX

We see multiple patterns forming on USD pairs indicating a weakening on USD.

MrLiquidonFX Updated 

We probably see a finish of the third wave if the 50% holds. If this is the case we are probably going to see a wave 1=5 situation before correction and further uptrend.

MrLiquidonFX

We see a contracting diagonal forming on DXY. Could this be the end of the correction and continuation of for the next wave?