Dear Colleagues, I assume that the price starts the development of wave 5. I believe that the price will renew the minimum and reach the support area. The nearest target is 1.04922. Be careful, if the price reaches the level of 1.06340, the forecast is canceled.
Manage your capital correctly and competently! Only enter trades based on reliable patterns!
As indicated by the STIC indicator, we catch the breakout early, and the corrective wave last week, i wil eb expecting a wave 5 to take the price to a a near double top scenario.
As long as price holds able the yellow line, the sentiment is stil bullish.
#Trade smartly
All 3 targets are important to watch when the price hits them.
The first three targets are significant, and when the price breaks through them, next target will be Wolfe Waves pattern target.
Each time the price reaches and breaks out of a target, it signifies increased buying power.
No stop-loss is necessary, as you can observe MACD divergences, even on small...
Since the ATH LVMH has been decreased round about 20%. From the Fibonacci point of view, we have a classical 50% consolidation. The consolidation pattern is includes a Wolve pattern where the 5 is made and we now have to observed the activation of the pattern. If active, 10% potential is possible. The APEX is in the middle of October.
A movement to the top is...
I am mainly Looking at the Trendline, as you can See, that will Guide the stock up in the near-term. As u can See, From the Current Trajectory it Should make Some quick gains.
Dear Colleagues, I assume that the price is completing the corrective wave 4 and now the impulsive wave 5 will start. I consider only long positions with the aim of reaching at least the area of 50% Fibonacci 35002.
Manage your capital correctly and competently! Only enter trades based on reliable patterns!
We have been stuck in a 4th wave of corrective moves for a while now. We will potentially start trading bearish very soon to complete wave 5 of the impulse sequence before getting any deep and interesting pullback( correction). A few key factors are true waves 1 and 4 no overlapped and wave 3 is not the shortest wave of all.
Hy team hope you all are enjoying our ideas and analysis. Now we are here to discuss about CHFJPY. CHFJPY is below the main resistance. Here it has maximum Chances we can see a good drop in price. Keep in touch we will update further soon.
According to the completion of wave one and also the completion of wave two (with the possibility that wave c of 2 is incompletely completed), the probability of falling between 700 and 800 pips in this index
Hi, i think there is possible revers on USD.
it's may be fake breakout of the Channel as what happened in the past when the fake breakout appeared on the down of the channel ( the red circles )
the target is the down of the channel, however it can break the channel to complete the wolf pattern
Fails if it move above 120-121$ .
hi,
there is an uptrend on this asset. price swinging upper 0.61 fib extension level, thats nice cuz price now above the 0.61 fibonacci retracement of 3 years. thats sense bulls are on control.
i think price will range at upper level at august which 1.95-2.00.
if needs a demand i think the changed 1.9 level is will be work as key. it has a nice bullish candle...
It's key to understanding the market structure in general, for a while now the EURUSD has been in an impulse phase the classic 1-2-3-4-5. Few points to highlight that validate the pattern waves 1 and 4 not overlapped and wave 3 is not the shortest wave.
It's been a while since we stuck on the 4th wave phase corrective pattern which was a Triangle with a wave E...
