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If the pair is able to hold the support at 0.6755 area, it is possible to develop a bullish impulsive structure, this being said, we can try to take a long position with a small size and a stop loss below 0.6755. If you think this analysis can be useful and you want to receive new updates about this idea, click on LIKE button! Thank you for support and trade with care!
MMHVW there could be a chance to short this pair soon. See chart. Do your own research before trading as always.
THIS IS NOT A TRADING ADVICE!!! INFORMATION HERE WILL BE USED FOR A FUTURE AI Targets are marked on the chart.
THIS IS NOT A TRADING ADVICE!!! INFORMATION HERE WILL BE USED FOR A FUTURE AI Main correction is RED ABC, we are now moving towards point B or RED ABC. Target area is marked around red point (B). Wave Red (B) is an abc correction (yellow) c leg target area is also marked on the chart. After point red (B), (C) which corresponds to (4) of blue wave.
DAX has broken above February 6, 2019 high (11371.74) and shows a bullish sequence from December 28, 2018 low (10279.20). On the chart below, we put a bullish sequence stamp and right side higher to indicate the direction that we prefer to trade. The correction to 10867.9 low ended wave ((X)) as an Expanded Flat Elliott Wave. A Flat is a 3-3-5 structure with ABC...
TNB has no doubt been one of the MOST quiet coins of this altcoin 'boom' over the past 5 months and is retracing to levels way below its ICO price. TNB is consolidating under 75 sats for some time now and I could not stress enough how much of a buy it could be. I listed the points of resistance and support which could be acted upon if the whales decide to take us...
THIS IS NOT A TRADING ADVICE!!! INFORMATION HERE WILL BE USED FOR A FUTURE AI Still sideway correction is forming, but next target is in the downwards direction.
Support for Hypothesis: Hidden Bearish divergence on Chart and RSI Declining MACD Bearish Engulfing Red candles, with a Huge bear wick reaching for the stars ;) RSI now in a descending channel Volume LARGELY above average on 4 hour Elliot Wave 5 wave structure due for ABC correction What do you think? LMK ;)
We are currently consolidation after a move down earlier today. I expect it to go down some more within the next couple of hours. But remember I still expect BTC to reach $4200 in the coming weeks.
Long term, not much has changed, other than the timeline, which I have extended to the right. 1. We have already completed 5 up and are now in a C-wave Ending Diagonal for the completion of wave 2. Or 2. We are within a Triangle for 4 of 5, THEN complete wave 1 circle. Once BTC completes its 2nd wave retracement, I think we will see some serious action to the...
Price has been correcting higher. We are keeping a close watch around 1.1398 area for a potential short setup. *Disclaimer - This analysis alone DOES NOT warrant a buy or sell trade immediately. Before you enter any trade in the financial market, it is very important that you have a proper trading plan and risk management approach. The sharing of this idea is...