Hey Traders, This is USOIL Analysis and update for all of you. What we can see is market to make one small up move, complete the complex structure and fall. If you have missed our last stream on TradingView, you can watch the recording here: www.tradingview.com DO NOT JUMP IN - Jumping in without using stop loss or risking big or following anyone blindly...
According to my wave count, BTCUSDT is finishing an 5th wave expanded in an ending diagonal to complete wave 5 of the actual bearish impulsive wave of this cyclical bear market.
BNBUSDT is about to make the most profitable wave for position / swing traders at this actual peak as the price action tends to break-down the ending diagonal, in which the price just complete the final (5th wave) leg. All explained at the chart.
Yesterday the whole world was bullish, but I was still bearish, and I reminded you yesterday that gold was shorted at 1970, and the target was 1950, and gold really rebounded to 1970 at the highest, and then began to fall to 1939 at the lowest. Today gold is slowly oscillating upwards, which is what I expected. Currently bullish in the short term, stop loss 1930,...
Turkish description is below. Im expecting a bull rally for zecusdt to hit 305 usd between 6 March and 1 May 2023. This comes from end of Wave C which made ending diagonal as shown on the chart. Note that this post should not be considered as financial advise. 6 Mart ile 1 Mayis arasinda ZECUSDT paritesinin 305 dolar olmasini bekliyorum. Bunun sebebi C dalgasi...
BTCUSDT entered in a downtrend on a corrective intermediate Zig-Zag pattern, in which minor wave-(A) is potentially aiming the greater demand @ 19600. A swing trading plan can be made easily based on supply and demand theory, avoiding to trade in the grey sectors, so-called equilibrium zone.
BTCUSDT made a beautiful corrective C-multi-wave pattern, which surprise terminus finished with an 5th wave leg-up that surpass the trend-line, after an ABCDE triangle. In the Wyckoff Method narrative we can call it an upthrust movement in phase c of a distribution. About the wave count, the entire triangle is an contracting ending diagonal of a corrective wave C,...
BTCUSDT have a Head & Shoulders pattern to built in a Zig Zag downward, in which a wave 1 can be expected for an 2-D swing trade as a breakdown from the micro symmetrical triangle is expected. Thereby, a new supply target will expecting for a reaction. This will be an increase of confidence for the sell-side. Displayed on this H4 chart: daily LSMA (least squares...
According to the price chart, it is located in the overlapping area of the Fibonacci price levels. And also the price is near a static resistance and a support trend line. According to the price pattern on the chart, the price is "probably" at the end of its corrective pattern. In my opinion, this correction pattern should end between the 11th and 13th of...
Hey Everyone, in this analysis, GBPCHF has moved within the correction currently which looks bullish for some days now, and it's currently forming a correction after an impulse. The initial phase will be an impulse>>correction>>impulse. that is i'm expecting a bullish impulse to form. WHAT ARE WE EXPECTING: # look for a lower time frame continuation correction...
The GBP/USD currency pair has exhibited potential for a short position following an upward movement of over 250 pips from the previous projection, resulting in an attractive risk-reward ratio of 1:5. The pair displayed characteristics consistent with manipulation by market makers during the early hours of the London trading session. This could potentially...
Reason for the estimated down move: 1. Higher Time Frame Key Level 2. Higher Time Frame Rejection 3. Divergence on RSI 4. Wave Analysis Indicate Down Move for Correction 5. Good RRR
The banknifty index is showing the same view like nifty pattern wave 4 is in progress now which will end at 41224-41121 price zone that is running flat correction and then wave 5 target is 43000 level
I'm waiting for a lower time frame correction to continue the move up next wave up Thanks for reading AS ALWAYS TRADE SAFE AND STAY SAFE!
Hello traders, In today's article, I'd be sharing my analysis on CHFJPY and the reasons for my bullish bias . Here on the daily timeframe, we see a market in an uptrend as indicated by the ascending trendline. But what's more interesting to see is how we have seen a pattern repetition every time the market pulls into the ascending trendline. We see a double...
Similar to what was said in the educational analysis of BTC, it can also be seen in the MATIC analysis. So, if you haven't read the academic analysis of Bitcoin, read it first to understand better the wave count and the falling trend of this analysis. Here is the Link : Elliot-Analysis-on-Bitcoin-with-Tutorial-Lessons What's Going on MATIC We are in the...
Hey tradomaniacs, EUR/USD has shown a fakeout to the upside with a fast reversal showing sellers are trying to fool buyers in here. Previous news were hawkish but so far we see a risk-off-tone in the stockmarket which is likely to keep EUR under pressure. However, lots of sellers coming in at this spot and orderflow is currently pretty bearish! Please...
The Banknifty index has been in a very complex correction for some weeks.As per my one of view the currecnt complex correction looks like Extended or Elongated Double Three pattern which will complete at 40071 or 39635 level as shown in the chart.