Welcome back! Let me know your thoughts in the comments! **EURCAD - Listen to video! We recommend that you keep this pair on your watchlist and enter when the entry criteria of your strategy is met. Please support this idea with a LIKE and COMMENT if you find it useful and Click "Follow" on our profile if you'd like these trade ideas delivered straight to your...
I am expecting this week or the next one will be a corrective week, so some good opportunities to long your favorite crypto are coming. Sol found resistance again at $47. The rejection on this level was expected as there are many limit shorts. The 1st important level to start accumulating slowly Sol is located around $38.50; a very important level. The next one...
As an alternative to the ABC count bitcoin could also be in a combination wave from 69k which is evidenced by the price structure that appears as 3-3-3 in each wave. In this pattern, wave Y should not exceed the 1.618 of intermediate (W) which is around 11,000 or so. The main difference between the WXY and ABC counts is the maximum depth of the correction. ABC...
Hello Crypto traders, today we will talk about Ethereum, its price action from technical point of view and wave structure from Elliott wave perspective. Crypto market is actually still at the lows, but Ethereum is one of the strongest cryptocurrencies for the last couple of weeks. It can be actually already turning bullish after it reached projected strong...
I published bullish idea but also have bearish Idea that needs to be pointed out. There is a bearish order block near near 29-30k level that is confluent with .386 of the high of 1st macro pivot. Also, another target at golden pocket of local pivot with .386 of macro high. It would make more sense that a zigzag (5-3-5) "should" have equal size leg (1-1 extension)....
ETC found strong resistance near $47. I am expecting a correction here through $28.50 – 23.00. If holds, that’s a good level for longs
Divergence: Warns that the current price trend may be weakening, and in some cases may lead to the price changing direction. For confirmation the completion of the full 5 Wave Impulse cycle, we look for the 5th Wave to show signs of divergence. This is our first indicator that we might begin to see the ABC correction starting to form. Price going higher,...
$BTC 👀 – 07/27/2022 #WaveRecount - 📸 🚨 📌 Let me first say, #ElliotWaveTheory wave counting is #subjective. When rules are invalidated by price action, you simply pick yourself up, brush yourself off, and you revise the wave count (recount) accordingly. 📌In this case, upon release of the #Feds decision to #hike the interest rates by another 0.75 #percentage...
I am expecting Bitcoin to continue it's downward pursuit, as we slowly but surely are making our way to the completion of the corrective wave c (of larger corrective wave B). In the near short-term, I am spotting some institutional points of interest such as #imbalance and #Liquidity. It also appears to be performing another potential ABC Flat Irregular/Expanded...
Hello TradingView Family / Fellow Traders. This is Richard, as known as theSignalyst. 35 out of 500 days done. I truly appreciate your continuous support everyone! Let me know if you like the series, and if you would like me to change or add anything. Always follow your trading plan regarding entry, risk management, and trade management. Good Luck!. All...
This is my revised wave count to account for multi wave extensions nested. Bitcoin while completing an ABC Flat (Irregular / Expanded) correction, touched the Golden Zone, and then bounced up to complete Wave C of the Flat. Special Tip: Flats (Irregular / Expanded) are quite common, as they inevitably run stop losses on both sides, and further introduce new...
This week we're about to see the FED Interest Rate decision. This will most likely cause some moves and bring some trading opportunities. On EURUSD we could expect that to push price above 1,0278 and take it up to our sell zone. That's where we will look for possible short positions. The target will then be a breakout below 1,0000!
Wave A of ABC corrective wave is now forming in the shape of ABCDE Triangle and it will end around 21900, before it starts to raise back again to 23700 forming B wave, and then it will sink down with wave C to 21000
Hey Guys, The US100 just broke out of its consolidation pattern and currently retesting should bounce off or coil during this intense week of earnings and news. As shown, I expect the price to retest the downtrend resistance line in yellow but it's a strong trend line and has the 200-day ma that will push them down. We Have so many indicators showing we are going...
It was crazy week, to be honest, I was waiting corrections on 21 of July, but then we had fake growing. The optimistic way: 0.38 Fibo will be new support level The pesimistic way: 0.38 will be broken and will have cascade liquidation till 0.5 22147 will be new resistance level. How do you feel about
Welcome back! Here's an analysis of this pair! **AUDJPY - Listen to video! We recommend that you keep this pair on your watchlist and enter when the entry criteria of your strategy is met. Please support this idea with a LIKE and COMMENT if you find it useful and Click "Follow" on our profile if you'd like these trade ideas delivered straight to your email in...
The pullback on EURUSD continues and it's now moving towards 1,0360 where we may also see higher values than that. Tomorrow the ECB will announce the interest rate and this will be a suitable moment to see price at our expected levels. We will be selling this pair only after a confirmation!
Yesterday, we saw reaction at 1,0200 followed by rejection. It looks like this pullback will have enough strength to continue around 1,0360 which is the 61,8 Fibonacci level on the last move. Once we see the market trading around those levels, we will look for further sell positions. Don't forget about the ECB interest rate decision that comes out on Thursday....