AUDUSD has bounced from a yearly low and is starting to show signs of a reversal pattern. Waves 1,3,5 are impulse waves which you can see broken down in the 5 wave (light blue). Waves 2 & 4 are corrective ABC waves (pink). The purple shows the completion of the first 5 waves which represents wave 1 (white) of a larger Elliot wave cycle. Wave 2 (white) would be the...
welcome to another free signal!
Important: Wait for the break below the horizontal Support ant sell after retest/rejection.
Market Sell: 1,11176
Target 1: 1,10854
Target 2: 1,10686
Target 3: 1,10516
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I am expecting to see a reversal and a retracement on GBPCHF as indicated in blue on the chart above. I will be trading the retracement and will then be looking for a reversal confirmation in order to complete wave 4 to the upside on the weekly time frame.
A L O H A
Have been watching this for about a week now and momentum has finally picked up.
Currently in a tight bear flag heading downward. Impulse early morning while Hawaii traders were asleep, did not set an entry order but okay as the market always corrects. This is a nice potential entry I am eyeing out at the break of the structure
at the top for a...
this coin is bullish if this
RED EW : price touched resistance 0.382(442 sats )
we are having the 4th wave at the 385 area and also fibs 0.618
so wait for daily closing is small ew (blue) price doesn't hold than it come this place
BLUE EW :
near resistance and also come at support 394 sats at A wave
so entry below 400 is overall good for this coin
On Wednesday, from the 1H chart, you can see that the BTC started its bullish movement, reaching the 8700 level and then retreated and remained at the 8600 level the rest of the day (until the publication of this analysis). Note that volume suggests that the last candlesticks were very low in volume compared to their predecessors, but still close to or above the...
NASDAQ:GOGO shows constructive pattern for another leg higher. Retraced 50% of Aug-Sep rally on really low volume, and now is approaching potential support.
Good levels for low risk entry now, targeting another potential ~100% rally
Since the dump two weeks ago, BTC has found support on the Weekly 100 Moving Average, but is also held by resistance from the Daily 200 Moving Average. To a lesser degree, the Daily 13 Moving Average may be starting to have some influence, although that remains to be seen.
Following these levels and their strength will give you the first indication of if BTC is...
Hello everybody! It's late but I wanted to share my thoughts on a possible Xrp move!
I just posted views from a bullish side. This is counter trend idea just to keep you guys on top of things..
Inverted chart shows a possibility of getting lower very rapidly. So BE CAUTIOS!
We almost got that 0.618 fib which is so common for ABC patterns. Usually 0.618 is...
I am waiting for an entry to confirm the long for my target to 1590. As things stand now, price is trading below the resistance of the corrective structure. It is possible that there will be a 5th wave to the downside before the break to the upside. Should the break of the structure occur now, I will trade the long to 1590. Should the price retrace for the 5th...
We can see starting from April, the beginning of the bullish phase, that the trend has not changed.
We find BTC oversold, in a tracing and accumulation phase called CORRECTION.
Obviously it is a dangerous and difficult point to understand.
If BTC is in a bullish phase then it does not go down under this support (8k).
In these cases the fundamental analysis works...
After a corrective period for the last few weeks, price stayed within the descending channel in a ascending pattern. Typical "Pattern within a Pattern" which is an edge we use.
Price moved off key area at top of a corrective structure.
Currently in a tight bear flag correction, eyeing out for a continuation after the first impulse. Hourly and 4HR has solid...