I wanted to take the previous graph one step further and update the analysis experiment. I want you to know that I'm at the beginning level of analysis.
xauusd
we are completing a wave(2),
also there is a channel,
gold
we can short for a long term,
that is full of risk for buying,
dont think about buying,
so dont kill youselves with against of trend(forbiden suicide),
the sl now is 1308 breaking strong
UPDATE 5/25/18: Our pattern is continuing strong and zones have been very profitable. Be aware of RSI as price continues to rally from ~109.016, which is currently a strong support for us. Keep in mind this chart shows zones that continue past 5/28/18. On the 28th Japan will be releasing employment rates & Job application ratio which will undoubtedly create price action.
Update from last night: Our price crashed further below than anticipated and our pattern failed. That being said today is a new trading day. The price touched and confirmed a strong support @ A which can be considered a buy zone. Expect retracements between A/B and C/D respectively. Yen should rally today as retail has been strong. Green zones are long. Red is...
The ETH is completed wave one and waves two and wave 3 is still running, so for if wave three don't break the wave two's lowest(596.1), then the ETH still in the bullish.
In the Fibonacci, we can enter an order at the 0.318 level which is near 631 or if you are positive trader than enter it now is fine though, and put the stop loss at 570, and the target is 868....
FX:EURUSD
EUR/USD - Short Setup For Educational Purposes
- With so many confirmations, sometimes we have ideas with "almost" 100% Success. I said Almost!!!
TA is about probability, and for now, this is what I see.
For me, this is the opportunity for a LONG.
We are near the Daily uptrend line, that is also together with the WEEKLY uptrend line, so we have 5X more chances to go up instead of remaining bearish .
We have these two buyzones.
1 : 8200-8400 USD
2: 7500-7800 USD.
Target is near 12500-13000 USD....
On the daily chart of ADABTC the price has started a new bullish trend (above Alligator indicator and AO above the zero line and in the green zone). Target - the fifth Elliott wave.
The EURCAD is at the end of an Elliot Wave and is in position to sell toward the 23% daily chart. Currently hovering right on the 61% level on the weekly chart it hasn't quite reach the weekly 78% level and the monthly 61% level but it is at the weekly 50% level in a consolidation structure. Simply put the Elliot Wave was employed because of the limbo between all...
Hi!
So, here's what I'm thinking for ETH/USD. It's certainly done better than BTC (then again, many of the alts have!). Could we be in wave 4 right now for ETH? I think we have the potential to go higher at this point (hoping at least!). For my future charts, I'll be sure to use larger timeframes (as someone kindly pointed out on my first chart - is this chart on...
This is my first chart with technical analyses made on alphabet.
I have drew the trend alphabet is following since a while and it looks like we are heading to the next fibonacci level. This level will give some resistance and we will probably see it going down.
I will keep you updated when my first prediction is right!
Like and leave a comment.
