In the higher timeframe, we are probably doing a pullback. Also, the lower timeframe looks bearish. For today, we see an opportunity to go short (with the main direction). Traders should wait for a clear ABC up and then initiate a short.
We discuss three scenarios that could play out today. Traders should be long already and protect their trade. Traders should be careful as a pullback is expected in the higher timeframe. This means every high can be your last high.
Although the NASDAQ looks bullish in the higher timeframe, we expect a pullback in the lower timeframe. In the 4 hours, we see 5 waves up and wave 5 is ending with divergence compared to wave 3. If the divergence is not erased, we would expect a pullback. However, in the 1 hour, the upward structure looks incomplete and we can go long once the pullback is completed.
A pullback is ongoing in the lower timeframe. We see an opportunity for a long trade.
In the higher timeframe, we are probably doing a pullback. Also, the lower timeframe looks bearish. For today, we see an opportunity to go short (with the main direction). Traders should wait for a clear ABC up and then initiate a short.
We discuss three scenarios that could play out today. Traders should be long already and protect their trade. Traders should be careful as a pullback is expected in the higher timeframe. This means every high can be your last high.
BINANCE:BTCUSDT Wave 2 onset and Harmonic Pattern It appears that both patterns are likely to emerge soon. Please be cautious. However, if the price can go back above 32K, we may witness a strong reversal.
Chart is speaking it self!!! 🌟The Bitcoin is in a Bullish phase by ⤵️⤵️ ➡️the BTCUSD has finished It's first five waves of Elliot wave principle movement (12345 Impulse wave) and also (ABC) wave. The possibility of starting a impulse 5th waves!!! ➡️falling wedge pattern it means that the price would increase and the price has already broken the pattern! ➡️the...
A decline is expected for the Y region to close three downward waves
Hey Huys , I really sorry could not update the chart as moved to my hometown for few days. Banknifty is nowadays is very volatile compared to NIFTY50. I have marked the new labels of Elliott wave . You can take reference in your own analysis. In my view the 5th is still pending. The chart is also making a rounding top that too is point of consideration. Thank...
Although the NASDAQ looks bullish in the higher timeframe, we expect a pullback in the lower timeframe. In the 4 hours, we see 5 waves up and wave 5 is ending with divergence compared to wave 3. If the divergence is not erased, we would expect a pullback. However, in the 1 hour, the upward structure looks incomplete and we can go long once the WXY down is completed.
A pullback is ongoing in the lower timeframe. We see an opportunity for a long trade.
In the higher timeframe, we are probably doing a pullback. Also, the lower timeframe looks bearish. For today, we see an opportunity to go short (with the main direction). Traders should wait for a clear ABC up and then initiate a short.
We discuss three scenarios that could play out today. Traders should be long already and protect their trade. Traders should be careful as a pullback is expected in the higher timeframe. This means every high can be your last high.
We're looking at DXY today and we can see that price is forming a sort of elliott wave structure - with wave 4 potentially recently finishing. A break of 12856 which is a major overlap support could trigger the bearish acceleration down towards the 12801 level. Please be advised that the information presented on TradingView is provided to FXCM (‘Company’, ‘we’)...
Although the NASDAQ looks bullish in the higher timeframe, we expect a pullback in the lower timeframe. In the 4 hours, we see 5 waves up and wave 5 is ending with divergence compared to wave 3. If the divergence is not erased, we would expect a pullback. However, in the 1 hour, the upward structure looks incomplete and we can go long once the WXY down is completed.
A pullback is ongoing in the lower timeframe. We see an opportunity for a long trade.
On intraday chart the trend is up and BITSTAMP:BTCUSD is forming impulse structure 12345. Technically some pullback is possible on H1 chart, but this should still be bought by the Market. Potential Target at 31,000 and 31,500