The primary scenario (in green) is playing out and it looks like we finished wave (X). We can expect more downside as a wave (Y). The secondary scenario (in red) assumes more upside as a corrective wave B. That would mean we get an ABC flat correction instead of a WXY.
In this video, I have taken into account a comprehensive technical analysis of the USDPKR exchange rate and its significant impact on inflation within Pakistan. The Price action will provide you with a detailed understanding of the factors driving this upward movement.
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The primary scenario (in green) is playing out and it looks like we finished wave (X). We can expect more downside as a wave (Y). The secondary scenario (in red) assumes more upside as a corrective wave B. That would mean we get an ABC flat correction instead of a WXY.
This is the reason why I entered a buy order at this price range.
- I don't know how much your account is, so I'll take the example of a small account.
- I have two options for entering a trade on any product or market, that is, you enter the trade, how much will you lose if this order loses and if you win, how much can you expect to gain? much.
Assumptions:
-...
Bitcoin been consolidating for 2 days and could go lower today to liquidate late longers before a move to the upside.Ive also upload this to my YT.appreciate the support
Thanks for watching
If the wave (4) down plays out like a double correction, it looks like we are ready now for another leg down. Wave (X) might be finished which means we can go down now as wave (Y).
The primary scenario is playing out and we reached the wave ((b)) area. There are several indications that a reversal to the downside is near. The surprise would be that we get a double correction.
The primary scenario (in green) is playing out and it looks like we finished wave (X). We can expect more downside as a wave (Y). The secondary scenario (in red) assumes more upside as a corrective wave B. That would mean we get an ABC flat correction instead of a WXY.
Hello Traders. My name is Hadi Karaali, known as snipers F_X
I truly appreciate your continuous support everyone!
Let me know if you like the series, and if you would like me to change or add anything.
Here is a quick update & my trading plan on US500, enjoy it.
As usual manage your risk and trade safe.
Best of Luck!
Hello Traders. My name is Hadi Karaali, known as snipers F_X
I truly appreciate your continuous support everyone!
Let me know if you like the series, and if you would like me to change or add anything.
Here is a quick update & my trading plan on BITCOIN, enjoy it.
As usual manage your risk and trade safe.
Best of Luck!
In this week's USD/THB analysis, we dive deep into the currency pair's movements and potential trading opportunities for the week starting September 4th, 2023 both on Daily and 15 Min Timeframe. Video tells previous week's price action, explore ongoing trends, and offer insights into what to expect in the coming days.
In the higher timeframe, it looks like we are doing a wave (4) down which should be followed by a wave (5) up. However, there is a potential trap in which we might see way more downside as the wave II correction can still be ongoing.
