Hey traders , hard trade days we walk through but we will survive in this or the other month , In this chart on daily time frame we see pin bar , technical this is signal that the price will go down and it did . But to put more clarity on this chart we have to go on lower time frame (on H4) , firstly i draw a 3 wave pattern , that is Elliot Wave , and after...
bchabc has good support now, let's hope it's will get more momentum )) Have a good weekends guys
Possible BCH short Waiting for confirmation below 1. (Price: .9113) 1st Target: .6550 2nd target . 5200
Xro is making 5th structure up, but in between there are long consolidations in abc form, many people cant differentiate between impulse waves and corrective waves, currently we are in complex b corrective wave ,which is 4th wave in 5th waves structure up, and before 5th wave impulsive move we need to complete big c wave structure down which is still part of...
175+ Pips SELL Good Luck! KEEP THE RADARS UP!!!
ONT is another strong player which saw a great buy side volume on its first wave up. Now it is completing ABC pattern correction to the 0.618 fib level. A break of the yellow trendline would increase the probability of the next bull impulse but a buy order now allows for a better risk/reward ratio.
- Could se Zig-Zag pattern form or a Straight move to test previous top, but any how, I leave you with a picture of how to look at The Wave principle. Plan your trade, trade your plan and trade Safe...
An ABC WXY correction structure has completed with an accompanying stop-hunt within range - Bulls are expected to resume gains either by the end of this week or the start of the next - Entry, TP and SL given
The second wave has completed and the third longest wave has begun - A break from our downward channel has indicated our long entry - Take profit is at the 1.33447 area
The ABC , WXY correction has completed within a nice demand level - A break out and close from the displayed flag pattern would indicate further upside for the pair, entry based then - Stop-loss and Take-profit given, more to break even when the top of the flag has been reached
90+ Pips SELL remaining... Good Luck! KEEP THE RADARS UP!!!
50+ Pips BUY Good Luck! KEEP THE RADARS UP!!!
HI there, We were watching price action last week for sell on the USDCAD but it was forming lower time frame correction and was keep pushing for upside. It is still in the short term correction which can break up and can form one more short term bullish wave. if so then how you can trade on this chart. How you can trade on this chart. 1. Watch for the...