Hello traders. The first trade setup of the new week is in GBPUSD. In 1D chart, there is a chance for Z wave. The minimum target will be 1.44 if it makes an up impulse. At least it should make a correction after sharp down move. That's why I think taking a long trade can be a good idea. I have placed an entry order. I hope it will come down before taking me in.
Hello traders. NZDUSD has some potential for upside. There are 2 options. (1) If the daily structure is an expanding flat, it should go up and break the previous top. (2) If the top point with the yellow flag can be the end of the daily structure. In this case, it should make a correction like the yellow arrow after down impulse and then it should keep going...
Hello traders. First of all, sorry for late publishing this idea. But, it went up while I was working on today's analysis video. Please wait for a correction to take any long trade. I took it because the structure between blue lines can be a running flat and if the previous bottom is the and of daily corrective structure, the target of up move will be breaking...
Hello, traders. I'm expecting very nice up move in platinum. You can see my higher degree expectation in the followed chart, but it is almost impossible to explain by drawing because there are a lot of options. So, if you want to see detailed analysis, please watch today's analysis video on Youtube. The last down move has 5 waves already and the 5th wave looks...
After the weekly running flat, I'm expecting next up impulse. I will take a long trade by hoping an impulsive wave. But the last drop is too sharp to be the whole correction. It will go up but this move will probably be a correction. We will see, it's too early to say. I will take a long trade, then I will move stop-loss to break even and I will leave it alone.
Hello, traders. I have an entry order because I'm expecting an up impulse as C wave inside of the corrective structure. The minimum target of up impulse will be the breaking previous top if it makes a regular flat. That's why I have put an entry order but I hope it will come down first, so I can take a better trade.
Hello, traders. I was ready to buy more Bitcoin and I bought some already. There is still chance for more down move to create a regular flat. But cryptocurrencies love to make contracting flats. That's why I bought. We will see. Up move will be the 5th wave. Its potential will be limited, but it can also be an extended 5. You can see my long-term forecast for...
ONT went higher than the previous AllTimeHigh. We need to wait and see if today's candle closes above the red doted line for bullish confirmation. Good entry for us will be right at the red dotted line around 0.0006997 level. If the price closes above then our first target will be around Fib 1.618 level which is 0.0010575 level which gives us about 50% gain. Good...
The last analysis for this coin was about 2 month ago and we made a little profit. There is another opportunity to bust your portfolio. The price found support and an uptrend has started. The price went out of Ichi cloud, we expect a little consolidation before another bull run will start.
Hello traders. My forecast is the next up impulse after the weekly running flat. That's why I will take long trades. The last down move is too sharp to be the whole correction but it can be in some rare cases. I hope it will go up impulsive. Even if it makes a correction, it would be a good trade. The trade setup is sharp up move and very clear looking...
So no breakout... instead a rejection, which means I'm switching bias! Who thinks the rally we saw in coffee last week will form the year low? Possible ins't it? I'm still overall bearish, but based on the reaction we saw from support at 113, I think we'll see a retracement before we get back down below the current year low. Since we saw this reaction off the...
Hello traders. EURGBP makes a correction after sharp up impulse. At least, it looks like a correction so far. My minimum target for any long trade is new daily top. I'm waiting for the breakout, then I will wait for a small correction, then I will take the trade. But if you look at the followed chart you can see that there is still a chance for one more down...
ADA went more bullish then I thought. came down to a price where I had the second entry position, which is around 0.0000301 level. target is where the Fib 05 level, about 61% gain. Good Luck! This is not a financial advice, and please trade at your own risk. If you like this analysis please hit like so I can publish more analysis in the future.
Hello traders! The question is, if the history could repeat. some bullish signs are here so the bull run starts when the 4h closes above te upper channel line. and u sould sell if the daily closess below 0.786 FIBB
Hello traders... I'm still expecting an up impulse (C wave) which will break the previous top and the structure will be a regular flat. My forecast will remain same unless it doesn't break the previous bottom. There is no trade setup at this point but I'm waiting for a reversal impulse, then waiting for a small correction, then I'm putting an entry order over...
Hello traders. BTCUSD is still in the corrective phase and in the downtrend, but I believe blue Y wave is over. I don't think this will be the case, but there is a chance for Z wave after a same size correction with the previous X wave. I'm waiting for a correction in 1H to buy some Bitcoin. Please take a look at the related idea for detailed analysis.
Hello traders. I'm not a pattern trader. So, I won't take this trade, but I like to share it for those, who can trade patterns or like to look this chart in terms of correlation with SPX500. There is a potential Gartley Pattern. I believe the target shouldn't be 0.382 or 0.618 retracement of down move. Because there is a chance for one more up impulse in order to...