Use proper risk management in this trade. Anticipating a retracement for more shorts.
In a nutshell for the non- analyst out there : I see a clear move down in Netflix fallowed by a correction and than a final move down. For the wave analyst: This is a clear wave A to the downside in 5 waves , now being in the 5th wave. After the completion of this move down, a correction Wave B will follow and then the final move C down usually equal in...
As predicted earlier BTC is on its way to touch $43000 as TP 1 and then $48K
Plan is to return back below 40k. Invalidations are clear, set in place above 42.2-42.5k area. Currently is matching up with the 200 EMA on 2/4 HR timeframes that matched the fractal of the sell off at 64k. A lot of different aspects meet the criteria for this to continue downwards. Goodluck.
Price failure and correction of candle price confirmation ......................................................................
GBPUSD h1 Chart - Symmetrical Triangle formation - Our team expects bullish continuation SUGGESTED TRADE: Swing Trade Buy GBPUSD Entry Level - 1.30590 Stop - 1.30025 Take - 1.31425 Take lot basis on your Equity no more - 1% risk protection of your profits from lower levels Please, leave a comment and support us with like. 🌺Please, comment!& like to support our work 🌺
Hello Traders, Dollar is still strong but this might be the last bullish leg before a midterm short. I will be bullish on the dollar for next week. Cheers!
MY bias on eurnzd today is to the downside after rejecting the at 61.8 fibonacci retracement level and breaking the trendline, and their is a rumor that newzealand will hike interest rate this might possible drag eurnzd to the 1.57662 level if we are to follow buy the rumor sell the news rule, and if you're looking to buy this pair wait for the break of 1.60000...
Red lines: resistance levels Green lines: support range Yellow Dashed: Range that I believe will make the bounce / reversal VPVR on the left for better display of resistance / support levels Circled points: Similarities of L shape formations where Bullish Rally followed. Based on the VPVR and the repetition of the circular formations, I make the bullish...
In a long term outlook, EUR/USD is going to act on the continuation pattern for one more push to the downside, before its long term direction corrects.
This coin has been stuck between $0.15 and $0.65 for ages. This ranging accumulation will lead to a massive breakout at some point, we may already be in the early stages of the next impulse since late February, but only time will validate or invalidate this count. Right now this is the best count I can see. Safe Trades.
The ADA long-term cycle began in March 2020, and we are now in a B-wave downtrend, and we expect to move to a C-wave after the end of Wave B, and then we have to wait for the new Elliott cycle to begin.
I believe the Euro will loose value up until Q4 of 2022 when compared with the US dollar.
It seems that ADA stuck into the a tight range but it's retreating a little bit to make it's next move, In coming days it might test 100D EMA and then break above towards 1.60 which is second target in this rally and it's ultimate target is 1.90.
According to technicals, $DOGE is currently setup to climb over 72% to reach the target at $0.262 and there is nothing in the way of this besides time. With #Dogecoin's breakout in late March, this target became in play and only time may be in the way of it being met. Strap in as there may be much to come for BITFINEX:DOGEUSD ...
Ethereum is Facing Tough Resistance at $3500, on the upside it remain successful to break the $3500 mark then soon we will see it at $4K
Good evening, it seems that the AUD is grinding against the Dollar and will inevitably return to the fair value area that it had maintained for some time before the bearish cycle that got cut off early. The reason for this is the increasing uncertainty about the degree in rate hikes for the Dollar, the increasing problem of inflation for the Dollar, and the risk...
Easy 1/9 RR on CADCHF shorts. Already a sharp movement downwards and expecting price action to trade to the bottom of the liquidity zone.