CARDANO Watch for bullish price action to buy
Hi everyone:
Looking at ADA's current price action for another impulse phase to push the price higher.
We can see from the previous impulse phase that broke the all high, is follow by a consolidation correction.
This is what we generally want to see if price will continue the previous bull run.
Latest development shows signs of a bullish correction on the LTF. Watch this correction to complete and look for the buy entry to the top.
Thank you
Impulse
USD Weakness ? Detail Price Action Analysis Breakdown
Hello everyone:
Many have asked me to do another in depth breakdown on the USD pairs.
Personally my bias and view is more weakness to come on them.
So I will break down all the potential USD pairs that are developing nicely for some opportunities.
Currently in EURUSD Long and watching out for other pairs as well.
DXY
Original Analysis and Forecast:
EURUSD
Original Analysis and Forecast:
AUDUSD
Original Analysis and Forecast:
USDCHF
Original Analysis and Forecast:
USDCAD
Original Analysis and Forecast:
USDSGD
Original Analysis and Forecast:
GBPUSD
NZDUSD
USDMXN
Any questions, comments, or feedback welcome to let me know :) thank you
JoJo
Elliott Wave Analysis: EURNZD Remains BearishHello traders!
Today we will talk about EURNZD currency pair in which we see nice and clean bearish impulse in progress with room for more downside pressure, while it's trading within channel range.
As you can see, we are tracking a higher degree wave (3) that can push the price much lower, especially if we consider an extended wave 5 of (3) with room down to lower channel support line and 1.58 - 1.55 area. So, be aware of more weakness this year, just watch out for a short-term pullback in subwave "iv".
Be humble and trade smart!
If you like what we do, then please like and share our idea!
Disclosure: Please be informed that information we provide is NOT a trading recommendation or investment advice. All of our work is for educational purposes only.
Silver Which way? Hi Guys, the XAGUSD is in a structure where it needs to tell us where it will go in the future. Structure is showing us two possible scenarios the wave structure could develop. I will wait for a correction before buying or selling it. I guess setup will be clear next week and we all will know which way it will go.
Thank you for your support.
Weekly Trading Recap: EURUSD, SILVER, GBPNZD, SOLANA Oct.17 2021Hello everyone:
Welcome back to this week’s trading recap video.
Let's take a look at the trades entered/closed this week from me.
I will explain my approach on the entry, SL, TP and management.
EURUSD:
First Entry: Closed down for -1% loss
Second Entry: Running about +0.7% profit
Third Entry: Running about -0.3% loss
Full analysis/forecast:
SILVER: Running about +1.3% profit
Full analysis/forecast:
GBPNZD:
3 Entries closed down for -1.5% loss
Full analysis/forecast:
SOLANA: Closed down for -1% loss
Full analysis/forecast:
Any questions, comments and feedback welcome to let me know.
If you like more of these contents, like, subscribe/follow and comment for me to keep doing them. :)
Jojo
EURAUD Reversal Head and Shoulder Price Action, watch for sell
Hello traders:
EURAUD is looking very clean on the higher time frame as it is forming the right shoulder of the H and S pattern.
We can see after price hit the higher time frame double tops, a strong impulse move to the downside, hitting the previous lows.
Then we see price correctively move up in an ascending channel, good sign of a continuation bearish price action.
Latest development here is price is still within the correction, so best to wait for confirmation impulse out from the structure, a
nd lower time frame bearish continuation correction to get in on the sell.
Thank you
Elliott impulse waves are shapingAs you can see we are in the 4th wave.
I hope it'd be raised if Bitcoin let the altcoins move on.
Elliott Wave Analysis: CADJPY Remains Bullish - UpdateHello traders and investors!
In this article we want to update our previous CADJPY chart, where we mentioned and highlighted a completed W-X-Y correction and bullish reversal.
As you can see, CADJPY is trading nicely and impulsively bullish as expected long time ago and the main reason is also a rally on Crude oil. We see room for more gains within an extended wave »v« of 3 which can push the price even up to 92-93 area or higher, just watch out for a pullback in subwave (iv) of »v« or higher degree wave 4, as we see it approaching June highs.
Be humble and trade smart!
If you like what we do, then please like and share our idea!
Disclosure: Please be informed that information we provide is NOT a trading recommendation or investment advice. All of our work is for educational purposes only.
Weekly Trading Recap: SILVER, SOLANA, GBPNZD, AUDNZD Oct 9 2021Hello everyone:
Welcome back to this week’s trading recap video.
Let's take a look at the trades entered/closed this week from me.
I will explain my approach on the entry, SL, TP and management.
GBPNZD - Running about BE
Full analysis/forecast:
SOLANA - Running about -0.25%
Full analysis/forecast:
SILVER - Running about BE
Full analysis/forecast:
AUDNZD -
Initial Entry: Closed for +0.90% profit
Scale in Entry: Closed for -1.03% loss
Full analysis/forecast:
Any questions, comments and feedback welcome to let me know.
If you like more of these contents, like, subscribe/follow and comment for me to keep doing them. :)
Jojo
My Thoughts On ETH/USDIn my analysis of ETH/USD on the 4 HOUR chart, this cryptocurrency is currently consolidating within an ASCENDING TRIANGLE chart pattern. Prior to the consolidation, there was a BULLISH IMPULSE. I forecast that price will breakout and continue moving BULLISHLY. In this analysis I used Trendline Analysis, Support & Resistance & Chart Patterns. COINBASE:ETHUSD
EURUSD Once Again Looking for Buys from the bottom
Hello everyone:
Been quite busy these days and not much time to write out analysis, mostly doing the live stream as a way to share outlook and forecast.
Here on EURUSD, its nice to start seeing potential bullish opportunity once again.
From my previous buy forecast, price indeed had the bullish up move, but didn't continue further, instead it had some reversal down from about 1.19.
Now, the price has move down correctively within a descending channel on the lower time frame, and hitting a potential higher time frame double bottoms. These are all good signs of a bullish reversal price action.
To confirm the upside, we must wait for clean bullish impulse up, breaking out of the LTF descending channel, and wait for continuation correction to form and complete for the next buy entry.
thank you