British Pound / U.S Dollar din time Frame - H3 According to pattern in STF it has breakout and completed the retest Buy if look according to LTF IT REJECTED from the UTL we need to wait until it breaks the Lower AREA OR upper AREA
Market currently in a Corrective Pattern. Completed its B corrective wave according to Elliot Waves Theory Patterns in STF in favour of Sell Indicator Such as RSI ( Divergence) We need to be sure about this trade after it completes its 5th wave in STF and make strong Bearish Price Action
Good morning traders... Just a quick n update on my previous posts about the wyckoff accumulation... the price appears to be finding support around the previous resistance levels I suggested. Whilst most people will be looking at this as an abcde bear flag pattern which has been completed, I am taking a different view still. I have drawn on the trend lines for...
The price target follows X or B waves. Fibo marked price range is very important for price.
Hi guys! 👋🏻 🔔 Saudi Arabia refused to increase oil production requested by President Biden. However the strong US Dollar and uncertainties in Chinese economy hold Crude oil prices from a stronger hike. Market will be watching the relaunch of Nord Stream 1 this Thursday which will have a massive impact on DXY, energy sector commodities. 🔔 As for the technical...
corrective wave EURUSD. keep watching to find some best sell zone
USDINR is going to be a history at this current price where it is standing. People (traders and investors) are going to remember this price 81 for a very long time. I am an Elliottician and I will upload the counts of this chart. Right now, all I can say is that this chart is going to make a big reversal. The psychology of money is telling that something big is...
Nice bounce will be watching how it develops. The initial move up looks corrective to me, but in any case, a Zigzag and double Zigzags have similar most likely targets, so I will be looking in the same area regardless. Some nice confluence in that area. If helpful, please like and follow! Cheers.
Ready for long entry: Price action and chart pattern long entry trading setup > Elliott Wave double ZZ combination correction WXY with EMA200 as key dynamic resistance for major B-wave and EMA50 as key resistance for minor 2-wave and 4-wave > Downtrend channel sideway breakout - possible sideway continuation > Long entry @ EMA50 breakout > TP @ EMA200 for medium...
Gold can be going for a bear market monthly close under 1650 will active this.
The price action suggest that the correctional movement getting to be finished. A breakdown can generate easily the next selling wave.
A potential wave scenario for the development of USDT Dominance. With the completion of E, I expect the price of Dominance to decrease. You must be patient until the final approval.
The USDJPY rally has a bit more gas in the tank than we first thought. But the 5 wave impulse that we were tracking is developing nicely, and still appears to be running out of steam. Here is our updated analysis on the lower time frames: we have a 5 wave impulse that is nearing completion (at multiple wave degrees). And even better: what pattern appears to be...
Price action and chart pattern trading > Wave projection ABC sideway uptrend with reversal pattern breaking out SMA50 resistance zone > Target @ upper main channel resistance zone if breakout SMA50 Indicator: > RSI TF4H breakout MA line above 60 > MACD golden cross above baseline > Supertrend pivot point reversal for uptrend > CDC action zone uptrend ribbon...
BITCOIN is unfolding a new low before it makes a more significant upward corrective move! The wave structure of significant upward movement after making a new low will determine the longer-term journey of BITCOIN! DISCLAIMER This is not an investment advice. Please do your own research and analysis while doing the investment.
Price action and chart pattern trading > Ending diagonal pattern with possible upcoming wave channel triangle breakout > Possible upcoming Inverted Head & Shoulders > Indicator: RSI / MACD bullish divergence indicating ending diagonal final wave 5 downtrend > Entry @ triangle breakout > Target @ Previous 1-wave + 75% upside > Stoploss @ 3-wave Head position -25%...
After confirming the break of the resistance level136.60, the price forms Elliott waves in a perfect way, the correction waves ABC are almost finished, and the bullish trend is still dominant in the market, which confirms the idea of buying. LIKE AND SUBSCRIBE FOR MORE DAILY SIGNALS
19.2k-17.5k for max pain capitulation on this downtrend. good buy zone for spot long-term portfolio ~16k-23.5k taking into account feasible scenarios of could go. Though,16k-17k will put BTC literally down to the wire of max pain, and maybe create a generational bottom. w/ institutions being more public in their interest w/ BTC I suspect more ranging for a long...