USDCDAD is a hard pair to expect its next move, but now we have this nicely respected up trendline. if we look at the trand line and put our fib tool we will see that we are near the trend an also near the fib 61% and 71% FIB levels. all we can do now is to wait for a bullish price action around our 2 point ( fib level, trendline ) and from there we can enter a...
Finally, the sideway movement was broke strongly to the downside. entering a sell trade will our goal in this pair. in order to have a small stop loss on this sell trade we need to wait for a little re-tracement either wait for upside wave with good price action or draw your fib tool once you have a bottom with good bullish price action referring that the price...
on the 4h timeframe we can see the pair draw its own scenario after forming a head and shoulders pattern which is a reversal pattern. i will explain shortly how to trade it and where exactly to put our sell trade. in this case we have the left shoulder and the head are formed we are waiting for the right shoulder to be formed. we can measure with our fib tool our...
After moving to the upside for very long time on all time frames, we are witnessing a great reversal pattern on this pair referring to a big change in the main direction of this pair. the pattern is double top on the 4 hours timeframe. we can enter a sell trade on this pair directly or we can wait for a little re-tracment and retest of the neckline, from there we...
I bought at the price of 5.900 myself and have been holding it until now Please review and enter in your own style
From my perspective there could be at least an upward movement until TP1 Please enter with your own confirmation
We have 2 trade ideas for the upcoming trading week Short trade: broken trendline and retested with a bullish candlestick closing on the trendline with a following bearish candle stick closing. next clear support area should get tapped which i boxed up. great risk to reward setup Buy trade: If we break above the boxed zone where it broken the trend line and...
the price is moving in a down trendline making a decent waves. after watching the DXY we can say that this pair will continue to the downside. right now we are in a middle of a retracement preparing the price to go down back again. we will measure the current wave with our Fibonacci tool and be ready around ( 61%, 71%, 78% ) fib levels with any good bearish price...
NAS100: Ready for a cell position after confirmation. I expect to see a short term long until entry point and then after a confirmation, like choch or flip in lower time frame, we can take the short position.
the price created a pattern of double top and the neckline is broken so we can enter sell trade now
the price is standing at a pretty strong area of resistance that might push the price downside
the price is moving in a good bearish waves we can sell now directly
the price has broken the weekly uptrend on the daily time frame, using the fib tool we can see the possible sell trade at the 71%,78% fib level
My latest foray into the AUD/USD market has been a deep dive into the Elliott Wave patterns, and the insights have been quite revealing. The chart presents a completed impulse wave, followed by a corrective phase that's just ending, which is typically indicated by the wave count. After a notable descent in wave (4), we're positioned at a critical juncture where...
the price has broken the weekly uptrend on the daily time frame, using the fib tool we can see the possible sell trade at the 71%,78% fib level
Hello TradingView community! I'd like to share my latest trading insight on USDCHF, based on my Elliott Wave analysis. The analysis suggests a sell opportunity for USDCHF, and here's my detailed reasoning. According to my study, USDCHF has completed its bullish phase, typically marked by a five-wave impulse pattern in Elliott Wave theory. The conclusion of this...
On 4H TF ETH had soared and reached to $2,280 Now, it's trading at 2,220 I expect ETH will test 2,120 this level is supported by Ascending Trend Line and Previous All Time High This change to join the race go to higher at least 2,400 Time will tell
On week chart Last week, ICP has closed the week candle above $9,95 so that's a signal for Bullish and reverse trend from downward to up ward I expect ICP might reach to 25 - 70 this time Wait to join