Here we have a very simple, short term quasi-analysis of BNB looking 11 days forward. Nothing special, except that I consider that price spike an anomaly and wasn't taken into consideration in the building of the steps, duration and percentage increases. The movement upwards of the asset is conservative at a 30 % + angle and not parabolic, so hopefully nothing...
Hi All, Another free trade for the week. Entry and SL marked. Many thanks
Hi All, This is our free trader for the week for day traders, please note we have a different view on the long term of this pair which is shared with our premium members. SL and Entry Marked. Many Thanks
CHF/JPY MULTI-TIMEFRAME ANALYSIS BY XASAA THE ENTRY WILL BE IF OUR RULLES WILL BE SATISFIED
Hello Traders I took a long trade because the next wave should be the C wave, if the last top (the yellow B) wasn't the end of the correction. In this scenario, there is no more room to go down. So the last low should be the end of the blue B. I hope in the worst-case scenario, it will make a big enough correction under the yellow trendline and we will be able to...
3 pin formation formed on GU 2 hour timeframe indicating bearish movement, also price is in an ascending channel. Price is at the resistance line of the channel, so price has to retrace before going up so more. I have a median marked off between resistance and support of the ascending channel Price will at least reach that area before moving up or down more
Wish I had posted this sooner, the wick on 6th Oct at 18:00 gave a perfect sign for a break and retest of the bearish trendline found on the Daily. This has been broken and retested, this move may be dragged out as it is a Monday and Bank Holiday for USD/CAD so there will not be much volume. The above resistance has been rejected once after the break of the...
Hi All , This one of our free trades for the week and the new month of September . SL and TP marked and please note this is a possible swing trade !> Many Thanks
Hello Traders One of the options we have here is a 5-wave impulse in the C. If this is the case, the last top should be the end of the 4. That's why I want to take a short trade to hedge it when the 5th wave is over. That being said, the last low can be the end of the bigger correction, and the wave that I labeled with 4 can be the reversal impulse. So, if it...
Following my previous gold chart I would hope for a retest of $1950 before a dump until after the election, after a propped up economy ($) helps re-elect DJT. We have a nice Elliot wave in play with a break of support now turned resistance and with a fib retracement from the last LH to the last LL / Waves 2 - 3. After the world has clarity after November, I...
Hi Friends\ this W pattern could be happen for your long trades and also I showed resistances & supports lines for your short trades. so the first strong step or Resistance line for our W pattern could be 0.00015104 and your strong Support line is 0.00012849 . so you can do long trade by W pattern but you have to get confirmation candles above 0.00014528 to be...
Hello Traders The last top looks like the end of the expanding flat. If so, the sharp drop should be the reversal impulse, and now, a correction should be in the making. I'm waiting for a reversal pattern to place a pending order. If it drops that will be great. If t makes the B wave, I'll probably move SL to BE and let it go or I'll hedge my trade in order to...
ENGLISH - The market has been trading inside a bullish channel since end of May 2020, the long-term trend is then bullish. - After having traded in the upper part of its bullish channel, the market registered a break-out of its mid-term bullish trendline (dotted), leading prices back to the lower band of the long-term bullish channel. Since then, prices have...
I hope October is bearish for anything that isnt the $, I would really expect some surprises this month in terms of what markets can do. If XRP can see $0.175 again before November I would be a happy chap, great buying opportunity at this price, this daily fib extension line up nicely with the support below. Lets see what PA develops at the start of October 🤞
Short opportunity from a resistance level around $8.60-8.70 with the first TP at $7.60 and next one around $7.20.
Hello Traders The last low can be the end of the correction. If so, we should have a complete reversal pattern. That's why I placed a pending order, and it was triggered. I could set my entry price above the last top, but my plan is to move my SL to BE when we get that level. In this way, I won't lose any money if it makes another correction for one last downward...