Hi traders, usdjpy is forming bear flag for continuation to the downside toward demand zone. ( check below daily chart). JPY index is showing nice possibility to reverse to the upside and DXY is still showing bearish control over price, i think that dolar will break lower its just making pullback and correction. So keep an eye on usdjpy becouse its showing nice...
• Suggested eliott wave on EUR/USD • If assumption correct, we are in corrective wave (B) • B usually corrects 50-61.8% of A, which is between 1.2150-1.2200 • Then comes wave C, which extends to 123.6-161.8% of A, takes us to 1.1700
Hi traders, as you see btc is moving inside ascending channel, and price is now forming possible bull flag, so i expect that price will push to the upside and make new high around 50.000, then i think price will push lower to that trendline of channel around 42.000. Price action could be done so price might push higher anytime soon. Stay patient and watch what...
Hi traders, i changed my view on gold, since price rejected and made nice bullish impulse. Price is giving us bullish price action as a flag formation, so we need to wait and watch it to complete it self with breaking below previus low which is 1832, so i expect price to push lower to around 1830 or bit lower, if price action will complete i think we can see nice...
Hi traders, Eurusd is moving inside descending channel, price made nice buy impulse and is now making 1h correction which can be done. We expect nice wave to the downside on DXY and that should push EU up to break previus high 1.23500. Watch for strong breakout of that correction. Be carefull around channel trendline becouse price can drop again, but i want to see...
- BLNK After a hard fake outsell off BLNK found support on a strong trendline creating a textbook acending traingle, or abcde correction looking like like i said a textbook traingle acbde following rules with E being a common fakeout. - Energy overall this year looks extremely bullish as well strong support with the EMA and the powerful Cloud long with a...
- Li showing life of reversal here but breaking that trendline + Fib plus strong support will just bring more downside. - But with that being said everything mentioned above plus indicators do show signs of a bounce or possible reversal here. - Li usually runs along with Nio and Xpev as well can pump along with energy so its something to watch out. Overall bullish...
Hi traders, dolar is preparing for that wave to the downside and 88 area. On lower tf you can see that we are having abc correction for continuation to the downside, so price might drop anytime soon. My target is under previus low at 88.24. Wait for price action or strong breakout before selling, price can still push bit higher. Will update bigger picture below,...
- DDOG looks like a Bullish Triangle With E ending bouncing off the cloud as well as the trendline. - Also with thouse bullish engulfing candles the low has been set stop loss would be bellow or at that candle. - DDOG also is a highly bought up by the legendary Cathie Woods.
- AMZN looking like an amzing falling wedge, I believe its done with its long abcde correction, as well bounced looking to be bouncing off the trendline here soon witht he fibs. - Not a strong confirmation as ER is around the corner and it can actually be the reason why it can actually can drop hard instead of following this bullish wave count. - ER should...
-WKHS after an amzing breakout of a beatiful triangle i see 5 waves up for a impulsive wave 3. - Its looking like a deep wave 4 retracement but it aligns for a the higher degree wave looking really good! - I do expect a sideways movement before it does go to wave 4 but breaking the low will make this count be a 1,2 which means wave 3 will be more impulsive...
Hi traders, price on gbpaud pushed higher as expected and breaked previus top in that correction, now I will watch GBP index to breakdown, since its completed sell pattern. So wait for price action to confirm that drop! After having price action I expect price to push down realy nicely! GBP index is supporting that analysis and showing that price will drop soon....
- Ride looking like a nice triangle, correcting forever. - It also showing a possible acbde traingle but very unlikely as a the famous 1,2 count is showing off nicely for a huge long to the upside. - Overall bullish!
Hi traders, gbpusd made a pullback up, so i expect it now to make some correction before price will push higher to 1.37000 area to retest our supply zone and complete possible inverted H&S formation there. So short term buy is expected. If there wont be any correction I wont be taking any buys, and will focus on that sell from 1.37000 area. Take a look at 4h...
Hi traders, im showing you that big runing flat appering on US30 for a long time now. On 1h time frame we are having bullish flag pattern which can be done and will push price higher and complete that 4h wave in that big runing flat. But DOW is already lossing bullish momentum so there is still possibility for price just to drop and correct to confirm that move....
Vuzi agian looks very familiar to other set ups like a huge triangle ready for the break out i don't know when the correction will finish but thats what alerts are for! don't miss this one as this can like coty can start its impulsive move at any time!
Hi traders, price is confirming that possible move to the downside once again with 1h price action in the making and possible bearish running flat there, but if price will break previus high in that correction we will probably see expended flat and retest of upper trendline (i will show below price action and explain). Price is lossing bullish momentum, so retrace...