Hello TradingViews The probability of falling ADA to the price of 0.7 what is your opinion??
Short position (sell) for NZDCAD as it broke trendline. Expecting it to hit support line and may bounce back up. Let me know your thoughts!
For #GBPUSD it is in wave C. so seems that it will finish sub-wave 2 (which I guess won’t finish in next 10 hours). Here I show two ENTRY LEVELs. You can enter in both of them. The stop loss should be at INVALIDATION LEVEL. We will update for targets. BE PATIENT. #gbpusd #trading #forextrading #elliottwave #elliott #tradingview #elliottforecast #elliott_wave
Good evening FX traders, wishing you all a profitable week as always. EUR/USD has been making lower highs in the daily timeframe. We can observe price is under pressure under the 5-month resistance from which we hope we can enter a short position with the targets as seen above. **This is just my forecast based on my own interpretation/analysis, you are not...
OVERALL TREND DIRECTION- BEARISH ON THE DAILY TF. Corrective and ranging on the 4H TF. We can see that price has made a double top pattern and may potenially look to make lower lows to respect the overall move to the downside. The 2 potential short scenarios this week are as follows. Scenario 1 will follow a break and retest of that support level to the...
Price is going up within an ascending channel and based on Elliot waves theory we ca expect to see it on the lower levels soon. It's not likely to see the price lower than the channel levels though.
OANDA:GBPJPY 1- Strong Resistance at the Top 2- Rising Wedge Pattern 3- RSI Simple Divergence *Our target can be R2 weekly pivot line.
The price can break out of the triangle upwards or downwards. I will only open the long position after breakout, confirmation and an increase in volume. Not financial advice, cheers ✌️💫🚀 .
SELL BIAS Price has approached a triple top zone, need to wait for an LTF correction as drawn-out before entering a sell trade
watch out for fundamental effects
Gold is heading into the 3 following structures; 1. A trendline resistance 2. A Classic Resistance 3. An H1 supply imbalance nested within an H4 Supply Zone Also to note the daily trend is Bearish one , so adding one to one , the best direction to plan an entry is to go short with an exit target below the last D1 supply zone.