A higher degree running or expanding flat is in the making,
and we are in the C wave. As you can see, we have an uptrend,
and I'm waiting for a correction above the trendline
to place a buy stop order above the last top.
For more details and the daily updates please watch my daily analysis videos on Youtube.
Trade with care.
This is my first trade setup in the new year. I hope 2019 will be great for all of us.
As you can see, it's making an up impulse, after it has completed the drop which can
be the end of the 2nd wave, and now, we're in an uptrend. Therefore I'm looking for
the long trade setups. It's making a flag at the end, so it can keep going up. That's
why I ...
It looks like we have a running flat on ETHUSD. That's why I've placed an entry order above the last top.
It can keep coming down after it makes a correction because we don't have ant divergence in C wave.
In this case, the correction will become an expanding flat. But this type of small drops isn't important
in terms of higher degree structure. It ...
My expectation remains one more up impulse for the completion
of the daily corrective structure. That's why I placed an entry
order above the potential reversal impulse. My main target is
1.32 for a running flat, but even if it goes that much, the risk
to reward ratio won't be good enough. That's why I risked 2% of
my account temporarily. When it ...
Have a look at the attached link for full analysis of this trade setup
BUYLIMIT ORDER: 1.15000 LEVEL
STOP LOSS: 1.14000 LEVEL
TAKE PROFIT: 1.16000 LEVEL
SHALL THERE BE ANY UPDATES YOU WILL FIND THEM BELOW IN THE COMMENT SECTION
The current structure can be a completed correction and that's why I'm looking for the long trade setups
for the next daily impulse. The minimum target for that wave will be 1.04. But, it will make a correction,
and come down one more time, IMO. In this case, we will probably manage to make 2-3% profit.
For more details and the daily updates ...
There is no other FX currency that is harder to trade at the moment and has been for the past months as the GBP!. To put this into perspective, the GBP is so erratic that it has become technically unpredictable to trade. These days due to ongoing brexit talks this pair and other GBP related pairs have been affected drastically. In my personal opinion any trading ...
After a quit big down impulse, it should make a correction.
That's why I'm looking for long trade setups. As you can
see, we have a correction after the reversal impulse, and
now it's making a lower degree trade setup at the end.
Therefore I placed an entry order above the previous top.
When it takes me in I will move my SL below the very ...
Copper is probably making the 4th wave, and for the completion of that correction, it should go up one more time.
That's why I'm looking for long trade setups. As you can see, it's still in the uptrend, and after it had bounced
back it broke the trendline. So, that wave can be the reversal impulse, and it looks like it's making a correction
As you can see it's making a correction after the up impulse, and we have a 3 waves structure here. So, I'm looking for the long trade setups, and at the end of the wave, it made some sort of channel with divergence. Then it broke the trendline. That's why I'm waiting for a correction to place an entry order.
For more details and the daily updates ...
I'm sorry about that, but it went up while I was recording the video.
We took this trade in the trading group. I'm sharing this setup anyway,
because you can buy as well after it makes a correction.
The higher degree structure is unclear in terms of its target,
but after it completes current drop, it will go up, and it will
I'm still expecting one more up impulse which will be the wave C for the completion
of the daily corrective structure. That's why I'm looking for long trade setups.
Despite the sharpness of the drop and the fact that we don't have any divergence,
the last up wave can be the reversal impulse, and it looks like it's making
a correction now. That's ...
I'm looking for long trade setups after the potential regular flat because my higher degree expectation is more upside and maybe the breaking of the previous weekly top at 157. We will see it's too early to say anything about its potential, but because of that forecast, I'm looking for long trade setups. As you can see, we have a potential reversal ...
I have placed an entry order above the potential
reversal impulse. The last wave broke the previous
bottom, so it reached my minimum target for B wave,
but my main target is the green line. So, it can
come down once more. I don't trade Bitcoin with
leverage, that means I can buy and hold, and if it
comes down again I can buy more. I'm not a ...
My expectation is one more down impulse
and breaking the previous bottom for the
completion of the regular flat before it
makes the next up impulse. But it can go
up directly, that's why I placed an entry
order above the potential reversal impulse.
If it comes down more I will buy again.
I'm not a short-term trader in cryptocurrencies,
and I don't ...