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Wavestructure

USDJPY Short below the weekly StructureThe daily trend is down, the price has printed a daily Momentum low of 108.72. A new wave structure has started on the daily chart. The 1hr chart broke down the ascending trendline of the current secondary trend(Correction). The simple approach is to measure the High to low of the trendline interruption, looking for a sell at the retest of the 109.85 which is also the 50% retracement of the interruption. Entry Short: 109.76 Stop Loss: 110:00 Target: 108.72
Short
by Charts247TradingAcademy
WAVES | Breakout as we have expectedOn Dec 21 I have published an idea about longing $WAVES. Here we have a continuation and its breakout. I am interested here because: - has broken through closed monthly VWAP - 50/100 DMA - testing for the first time 200 DMA since the start of this year 2019 My target will be clearing the whole area of sell-side liquidity and then I will play it as a swing (if it will happen, I will be more than happy, but I do no think so because altcoins are in very bad conditions overall). __________________________________________________________________________________________________________________ I do a daily observation of major currencies in forex and crypto. Do not miss any move, high-valued analysis or educational content. Free Telegram: t.me Twitter: twitter.com __________________________________________________________________________________________________________________ I've been analyzing for some time which exchange/broker is best for trading all-assets (crypto, forex, gold,..). PrimeXBT (tight spreads, up to 1000x leverage, 24/7 support, lowest fees, no slippages, no overloads, quick withdrawals, No KYC). go.primexbt.com __________________________________________________________________________________________________________________
WLong
by UnknownUnicorn6034472
Harmony in BNB Harmonic waves analysis with some market pattern recognition and range structure. I will add fundamentals a bit later for everyone on recent news. Blue boxes are where I would seek buy opportunities. $35 seems to be a floor on the hourly. Please observe all touch points and read on how harmonics play a role at major price action points that cause reversals (think of it as tug of war or a train station going from one station to the next picking up people). Zoom out and manipulate the chart and you will see how harmonics are creating a butterfly effect.
BINANCE:BNBUSDEducation
by AschraM
3rd Impulsive Wave! Elliot Wave Anlaysis I've tried to keep it as clean and simple as possible, showing you all the different sub-waves and waves; impulsive and corrective, along with a couple of patterns. We can see price respecting an uptrend channel creating higher highs and higher lows; therefore we must go with the trend. As you can see, the corrective wave (ABC) has finished and we can see an immediate bounce off of the trendline. This bounce occurs in a key Fibonacci Retracement level of between 50.0% and 61.8%; a sign of a healthy trend. By projecting the Fib Extension of the last high with the yearly low, we can see that the 161.8% is near a key resistance level between 1295s and 1300s Therefore, we could expect Impulsive Wave 3 to extend toward such resistance area. Best of luck! _ Felipe Owner & Creator: Trading Simple International
FX:XAUUSDLong
by Felipersan24