sell break out of the trendline or if you are aggressive and risk taker, you can enter on 88.6% fib too. This trade is based on my previous analysis of this pair, the link is in "related ideas" !
Silver is correcting for now as a Flat correction. Down side is possible till 18.50 from where expecting it go higher above 21.50.If it continues to go lower below 18 then it probably might be doing something else and invalidate my analysis. Looking for reversal and buying opportunity around 18.5 levels. Details are on the chart. Happy Trading!! Siraj Hudda,...
we are still in a giant flat. white rectangles show possible repeat of PA. good to short on a pullback to broken trendline let us see.
Divergence from minor bullish channel. Follow your rules.
I have noticed when price action gives me a set up like this that one of three things usually happens if price action retraces close to the original retracement. 1) It bounces back up to test the previous highs 2) It blows through and creates a double top 3) It bounces 1/2 way back and then disrespects the zone. I like to wait for a close in the zone and then...
I think the flat correction is about to end and we will see an impulse wave to upside soon. I'll be a buyer at the break of correction happening after 2-4 trendline breakout or after break above the wave 4 of Y wave of the flat.
I'm waiting for break out of the trend line for several sell setups.
Actionary 5L impulse ending 0.0151311 is a subdivision A of the ABC continuation of a leg A in a higher degree ABC packed into leg Z in an uber-extreme exsatough mind-melting gigantesque triple zig zag combination. Both green ABC and blue ABC are poised to reach much wider price range than they seem at this time, leaving a room for bear continuation up until...
It is a good time to try flat-trading strategy. Price bounced from Support Line and at the same time from Bollinger Bands. RSI and MACD confirms reversal. The other thing we should take into consideration - DMI indicator, where ADX should be below level 20. We meet all conditions for opening Long position with Targets - MA 20 and Bollinger Band.
this correction pattern is about to end. its a flat type of correction. "STILL" it has room for more upside, maybe for making an ending diagonal. I will be a seller only at a break below wave 4 shown in the chart or if it goes more upside and makes an ending diagonal, I will enter upper on the break of ending diagonal
The last down wave has unfolded as a final leg Y in a regular flat. Meaning eth could be seeking higher tradable levels. Confirmed double three structure logically justifies a rally to 0.028666666
i will be a buyer at 1.38513. a break out of that level is a trigger for long setup to complete C wave of a flat type of correction. and a break below 1.37188 is invalidation level although still (after breakout of that level) there is a little chance for an up wave as a flat correction.
I think the price is a little papillitis in the range of 1.1000-1.0850 in the region of 1.0850 will look for local support for the purpose of Long ~ 1.1000 and stop loss below 1.0850 it is unlikely that will Hold a position with 1.085 to 1.14, as this is a different time frame for which the stop below 1.085 is not appropriate and if the market does not adapt to...
FX:NZDCHF BEARISH GARTLEY Point B: 61.8% can not touch 78.6% XA Point C: 38.2% to 88.6% AB Point D: 78.6% XA 127% ext AB Target: TP1 38.2% AD TP2 61.8% AD Safe Trades; open.spotify.com
After a nice impulsive decline from February highs at 79.39 down to 73.18, NZDJPY has turned higher and has since then been trading slowly and choppy, clearly in a correction, that looks to be a flat pattern. Well, this correction from the end of a five wave drop could be near completion, as price seems to be trading in its third and final leg, wave C. We still...
NZDUSD has reached up to a vital area where it could see it reverse or go up even higher. With a weekly trend line holding it down, a break and retest of this pair may signal its bearish monthly run. A hold of this trendline may see it go down further more