FX:CADJPY Safe Trades;
NASDAQ:ATVI Safe Trades;
Pattern is showing to go long with strict stoploss and Risk:Reward seems good in this setup. Aiming for 100% fib extension, And from there looking for shorting opportunity.
IF WE LOOK AT THE DAILY CHART NEW MOVE COULD GO UP TO THE RESISTANCE LEVEL 21,440. THIS MOVE WOULD ALSO BE A HARMONIC MOVE AT THE SAME SIZE AS A LEG. I WILL LOOK FOR A BREAKOUT UPWARDS AND GO LONG
- Wave 1 finished - - Wave 2 in the making - ''correction'' - Looks like- A wave pullback in a bigger ABC correction - Possible short term '' sell'' down to fib level. - Then turn to complete the B wave
Hey Guys, This weekend lets do simple Elliot wave analysis on Nifty. There is generally an universal rule followed while using elliot wave. (i.e) Wave 3 will be biggest & at times wave1=wave 5. Lets stick to this simple rule and we have drawn few trendlines on daily and 4h time frame on Nifty. The support (redline) is retested thrice and we are...
Price action has finished correcting. Seeing the pair hit the 1.272 fibo extension
I expect a C wave down to complete the Zig Zag. Wave (A) five waves down, wave (B) three waves up and waiting for the next (C) five wave down.
USDJPY Elliott wave analysis on a weekly chart for longer term perspective.
USDCAD Elliott wave analysis on a weekly chart for longer term perspective.
Since it is in the completion of the C wave of a corrective move, EURAUD could turn upside anytime from now.I'll be looking to catch the next impulse up until -0.27 area.This may be a 3 wave correction or it could be a 5 wave structure so If you choose to enter now, It would be good to move stop loss to breakeven when it reaches the trendline and wait if it will...
FX:AUDUSD Trade the breakouts, wait for corrections; Safe Trades;
FX:EURNZD Wait for Divergence: The Bat: The Shark: Ratios: Safe Trades;
COINBASE:BTCUSD Wait the breakout and target fib levels. Safe Trades;
FX:EURUSD The Full Episode. Safe Trades;
After finishing an ABC pattern GBPJPY looks like its turning bullish and heading towards 164 area at least.We have divergence on H4, and I'll be looking for buy setups on lower timeframes after the trendline breaks.