Hi traders, watch price action in a mentioned area on eurusd GOOD LUCK.
orient electric is in its 5th wave!! one can take swing trades from 248. targert 1- 300 target 2- 320 one can go on look at higher time frames, to analze my targets. but yes, the bull will start soon after completing its 5th wave.
Price action and chart pattern trading setup > A possible 2-wave leading diagonal pattern ending at 0.786 retracement zone > Entry @ downtrend breakout with reversal pattern - watch for double bottom / inverse head & shoulders / triangle wave candlestick consolidation > Target @ 0.786-1.0 retracement to previous 1-wave + 10 - 12% > Stoploss @ the lowest position...
The 2nd possible scenario is called expanded (irregular) flat scenario. You can google what is irregular (expanded) flat. If this scenario to be valid so the top (B wave) should be between 141.184-144.120 (fibo 127.2%-161.8%) of wave A. Then the wave C whenever the market corrects after wave B would be 128.083-125.147 (fibo 127.2%-161.8%) of wave A. I wish u...
I believe many of us are wondering and keep wondering where will be the top pf usdjpy? Is thing pair ever going to reverse again? Therefore in my study and humble opinion the answer is yes. There are 2 possibilites of scenario here. This post is the 1st scenario, running flat scenario. You can google what is running flat. If this scenario to be valid so the top...
Welcome back! Let me know your thoughts in the comments! **EURGBP - 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...
On 4H TF BINANCE:ETHUSDT has completed an impulse wave at 2030. Right now, it's pulling back to 1400 - 1360. Besides, it's an important trend line for supporting. If price close below 1350, this trend can be reversal.
Two places we land here, either a double bottom at previous lows or finds demand around 19220. Either way I would be looking for a long around these areas! :) Any opinions or suggestions to this chart? thanks!
Is this will be the end of the EUR falling, or just Correction to continue to go down, Who knows ..... FX:EURUSD
Hi We are in second correction wave in BTCUSD, the irregular flat correction is seen in this chart. We are in c wave of ABC correction. The goal of correction wave can be 22000-22500. Thanks for your attention Yours
The cable is in a bearish trend and we can clearly notice the 5 impulsive waves, now the price is correcting and we expect the C corrective wave to be formed in these days. The elliot theory combines perfectly with a very strong MACD divergence. Pay attention at the news affecting the pound and the dollar this week.
XAUUSD was moving in corrective wave for almost 2 years. Last bullish move coincided with an increase in volume. Soon will touch first support at 1680 and could bounce upwards from this level. Will take a closer look on fundamental as well such inflation / stagflation issues, recessions and fed % rate policy for further confirmation. Because more hike on...
Hey, $20K is holding for now... (well was reclaimed) but this was just too easy in my view. I do believe we will see another wave correction down to the earlier accumulation area. What is your view? Feasible? Possible? Unrealistic? Share your comments!! Super interesting topic imo and really want to get as many standpoints as possible. Your ST Team
Price still in correction movement so the downside movement should be temporary and we need price reversal confirmation in first support. As long as there's no price reversal confirmation in first support, no need to entry
On a monthly timeframe, we are in a good trending market (Bearish). Currently in a correction phase after the long impulse move which occurred or started around 2007 and ended around 2011. We are in a beautiful ABC correction. Patiently waiting for wave C completion before looking for impulse move to the down side though continuation of the whole bearish movement....
Hey Traders! The inverse head and shoulders are weak, the MACD is also forming signs of a potential retest towards 27k. Safe trading, -Pulkanator
Welcome back! Here's an analysis of this pair! **EURJPY broke daily structure and now the pair is retesting previous broken support which will become resistance. Price is also rejecting off the 50 MA. SHORT! Targets 133.98, 133. 64, 132.95 We recommend that you keep this pair on your watchlist and enter when the entry criteria of your strategy is met. Please...
Triangle breakout. Corrective uptrend. I'm expecting at least 3 days in an uptrend of the macro correction. Based on Elliot the price action is in a wave 4 zigzag correction. targets predicting daytrade at least 32.6k. Symmetrical triangle and Fibonacci confluences. Beautifully bullish.