I will be looking to short CHFJPY. My confluences; 1. Break-out of consolidation box 2.Retest of break-out box 3.ABCDE Pattern
first target (e) if break the lower line : the next target will be ( B ) if break the upper line : the next target will be ( C )
BTC: The price of bitcoin now draws a corrective movement within the iv wave inminute degree . We came to the conclusion that now the asset draws the format of the descending triangle abcde - the triangle of the continuation of the trend and now forms the wave (e). We all know that the price in the triangle goes in triple waves in the form of a zigzag. So wave (e)...
hey fans hope you doin well .......this pair will be giving a good move next year :) so keep an eye on this :) its a good sell now for a short term but in very long term this will be giving us buy
hey fans here is the next picture for the Gold .understand this
BTC, as we said yesterday, made a false break but did not fixed above 8350 and remained bargained within the triangle. The daily candle closed with a bullish absorption, but confirmation of the second day is still needed. Wave marking remains the same. The price has already approached the lower border of the triangle 3 times, the level is weakening, we think that...
Btc is in ABCDE correction. We are finishing E and impulse wave should follow soon. Measured target - 14200$. Let's sit & wait for that break. BITSTAMP:BTCUSD
hey fans hope you are doing best this pair is creating a very good formation to sell so check it with your skills and take the trade with a stop loss thanks
hey fans audchf is creating a good sell formation so take this trade with a 85 and 15 ration SL ....Good Luck
The trend continues in this bullish flag with a another triangle encouraging bearish movement within the flag, awaiting another bounce upwards. Good luck and follow me for more!
hey fans i am long from the Bottom.a very beautiful chance to take the trade and have a alot of pips
Bitcoin is sporting a classic ending triangle ABCDE to complete its B wave. Watch for a fast move down end of this month / early sept to confirm start of C wave down.
NQ C wave drop is next to around qqq 170+- as we get closer to the end of this long 4th wave correction that started 70 plus weeks ago.
It didn't seem like the massive sell-off by the algo's at the golden zone I had anticipated but it appears the golden zone which is also the top of the channel, as well as the gann fan 8/1 from Dec 2017, could be in play as resistance to begin the correction & completing Wave D & now down to the .618 & bottom of channel 2 for Wave E (if this count is correct) Lots...
Price Action (Technical Analysis): Price is flowing in a Descending Parallel Channel, i'm anticipating price to continue in its channel until reaching our Support Zone around 101.000. If our E Wave is properly set-up, it can give us our next push down completing our Elliot Triangle Waves also being our next Short Idea since we are in a deep downtrend....
Elliot cycle ending of the ABC looking for a new impulse, blue zone is the reversal zone
Sideways for July, eyes on a breakout early August...upside target would be 14.5k+
Last night I was debating whether to long or short bitcoin around 11200, at that point it really was a coin flip. Since we have recovered 0.236 of the last swing (B-C) and that level has acted as support on both the 1 hour and 4 hour time frame I'm happy to go long here with caution. I was hoping to see a previous gartley play out ( ), the upside target was hit...