used supply and demand zones corrective impulse wave coming us30 had head and shoulders formed for the downward move could see the same here red lines stop loss blue lines my personal entry green lines profit zones/targets
#XAUUSD has some trend reversal signs. First it completed an ABC corrective wave with a Regular Divergence between wave 3 and 5 in RSI(8) oversell area. It also reacted to the channel lower line and Monthly static support (gray area). It's first resistance is at 1850$ where it reaches the inner line. And if it tends to reach the upper line of the channel it has a...
1W Analysis As expected the pair headed to re-test the 1W resistance along with its resistance zone but failed to break either of them. If the pair were to follow suit from our previous analysis we could see the pair break both resistance zone and resistance of the 1W descending triangle then head towards the next resistance zone. 1D Analysis The pair closed...
After breaking the H trendline, EURUSD continued up as expected. The move did not reach the strong resistance zone but instead rejected with a double top at the previous high. I would like to see a corrective wave back to the .382 level and potentially below. Thanks for taking the time to read this idea. If you found it interesting, please support my efforts...
After the long correction, AUDNZD H4 has broken out from Corrective Channel indicates strong upside trend forward. Target Profit as it will go to high of wave X 1.0935 or next one at 1.10400 the beginning of the correction.
Looking for sells IF we can create some sort of double top or a 3rd touch of the channel. So lets see how price plays out
Waiting to see if we get a break of the bear flag to the downside
Looking for sell to at least back down at the lows
Based on the last projection, Intermediate wave 4 should be over. The losses of the past week did move into my projected bottom. However, it does not appear a full 3 wave (ABC) cycle occurred. It only looks like the A wave is now complete. I have adjusted my model to account for this and the projections of the next movements are below. I expect gains most or all...
Even though the downturn started a few days later than planned, it still met the expected drop. Wave A could have occurred until the end of trading on Friday, but it may have ended Friday morning at 1030. The red down arrows and one green up arrow are based on Intermediate Wave 3 lasting 46 days and with its move extending beyond Intermediate Wave 1's movement by...
Price is moving correctively to the downside expecting a possible explosion to the upside, especially with oil seemly looking like it's going to crash
Again CAD weakness expected.. looking for buying opportunities
justED as any bagholder who rarely thinks and rather believes on silly virgin conspiracies more than good ole chad TA. I think link has already topped, still on a bullish market i guess, maybe it's the only alt which has a clean trend unlike btc. Count is based on what price did on jan 2018 and jun 2019 tops, still expecting a 50-60% correction.
Looking and waiting to see how this develops
Waiting to see if the flag is valid once/if we break to the downside
Looking for a reversal in the form of a double top or a third touch on the channel