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Correctionwave

GBPCHF I It Will Head Upward Welcome back! Here's an analysis of this pair! ** We may see a gradual rise in the coming days because it's on an uptrend. The first wave or "push" has been completed, followed by a correction, and we next target would be 2595 zone (previous resistance), followed by 2665 resistance. 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 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 future. Thanks for your continued support! Brian & Kenya Horton, BK Forex Academy
Long
by BKTradingAcademy
4
GBPAUD I Correction and Push HigherWelcome back! Here's an analysis of this pair! COMMENT BELOW and let us know your thoughts or questions! ** Price is currently retesting a previous area of daily resistance and may retrace to the support zone highlighted. We suspect many traders will start shorting and market makers may push the price a bit higher to take out liquidity before a correction. After potentially collecting stop losses, we expect a brief correction and continuation to resistance at 9100 zone. Enter when the entry criteria of your strategy is met. Please support this idea with a LIKE 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 future. Thanks for your continued support! Brian & Kenya Horton, BK Forex Academy
by BKTradingAcademy
1
GBPNZD Bounce from Monthly HighsWelcome back! Here's an analysis of this pair! COMMENT BELOW and let us know your thoughts or questions! ** GBPNZD is strongly bullish, however, it's approaching previous monthly highs from July and August 2021. Massive selling pressure appeared from the level taking the price from 2.0000 zone to support at 9813. We expect a bounce from the previous monthly highs to first target of previous key support at 9820 area, and second target 9700 zone. If you use our popular B-Swing Strategy, simply follow the entry criteria rules and use strategic risk management. Pip pip HOORAYYYY! :) Keep this pair on your watchlist and enter when the entry criteria of your strategy is met. COMMENT, LIKE, AND FOLLOW for more! Thanks for your continued support! Brian & Kenya Horton, BK Forex Academy
by BKTradingAcademy
4
solana scenario ithink solana have to paths for the future 1- after big correction of sol we can see that price break the downtrend channel and gonna complete the pull back maybe if price can break the main resistance we can see sol for 300 or above(black paths). plus we have nice fundamental from it . 2- if you look at the chart the elliot wave are going too complete wave B and that a correction wave of elliot so the path blue could impossible if price cant break 78.6 ret and that strong resistance and going for wave C and 120 or 100 price. plz comment down blow what u think have great and profitable day.
by sepehrj2260
2
TSLA - ABC CORRECTIVE WAVE$TSLA, From reaching the all time high of 1,243.07, Tesla creates and nearly completing a good one example of Elliott corrective wave or Zigzag. In Zigzag rules: Zigzag is subdivided into 3 waves which subdivided into 5-3-5 waves. Wave B never moves beyond the start of wave A, wave A and C is subdivided into an impulsive or diagonal, and wave B is subdivided into three waves, a triangle, or a combination. This correction wave could be close the gap and reach the 840 Level and can be considered a healthy pullback with declining of volume and forming a bullish chart pattern. This pull back has a potential to reverse the short term trend upside.
NASDAQ:TSLA
by Damako
EURCAD Analysis KiSS 2.0 BUY Coming Together Welcome back! Here's an analysis of this pair! COMMENT BELOW and let us know your thoughts or questions! ** 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 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 future. Thanks for your continued support! Brian & Kenya Horton, BK Forex Academy
by BKTradingAcademy
7
Weekend target of 56k possible for an ABC correctionThere looks to be a high possibility that bitcoin is currently in an ABC correction coming down from the current ATH. As shown, A ended at ~59.5k with a 5 wave correction down and now we are an ABC correction (shown in green) for a larger B correction up. I think from here bitcoin will fall back to the 61k region with a bounce to 64k to complete the B wave. Note: A break of 59.5k would invalidate this and we would have to say Wave C down has begun with Wave B ending at 63.7k and have to find new potential targets and Wave counts. Then after, 5 waves down to complete the C wave which shown by an estimation of a 1 to 1 retrace puts it near 56.5k. As to the timing I use parabolic curves (I have found to be good at finding reversals) for the B wave ending on the 4H chart: For the ending C wave: This also suggests that it may drop to around 56k as there is a strong potential for support here as shown by the green horizontal line drawn in. I would say most likely a bounce will happen in this area as long as it follows this path. There currently is hidden bullish divergence on the 4H RSI which I believe to be playing out now and also a hidden bull is showing on the daily. I believe for the daily RSI though there is potential to be a stronger hidden bull that will occur following this ABC correction Yellow - Current Hidden Bullish Divergence Green - Potential Hidden Bullish Divergence at the end of Wave C To invalidate this being an ABC correction, or to say it already completed, it will need to break the current ATH, then I will need to reassess as to where the new target may be. As to what this means overall for bitcoin I will wait and see as to what happens next. If this is a B wave we're currently in I will like to see where it ends first. After that it would be more accurate to figure out where Wave C would end and then determine what count we are starting on the larger time frames (Weekly and up). I will post more ideas to this and more about the idea of still seeing a new ATH in the near future and what the potential target(s) may be. ***Disclaimer: I am not a financial professional/expert and all ideas from me are all speculation based off of my own research. Please do your own research as well as I am not responsible for others when it comes to their financial decisions.***
COINBASE:BTCUSD
by WITSIT