Inverted hammer + bearish engulfing candle, serve as appropriate sell signs and rejection confirmations. Good luck!
Inverted Head and Shoulders in USDCAD! -Wait for the breakout of the neckline for confirmations! ALSO: Possible outome #2: DOUBBLE BOTTOM! - Be carefull with bear traps ;)
Let me know what you guys think and comment below if you would like for me to analyse my ideas in video format ! GOOD LUCK
Wait for price to correct in search of liquidity. Buying area is illustrated in blue - Best of luck Felipe Ramirez
Clear trendline after very strong market push-and-rejection. This is like a slingshot! Wait for price to test support area to buy after confirmations. -- Best of luck! Felipe
NC at major resistance level. R:R is not bad to risk a sell at this point ;) -- Best of luck! Felipe
Possible confirmation to the upside after price fails to break support. Higher low on Daily could work as a good long setup Wait for the market to breakout of the down trendline illustrated in stronger blue. WATCH OUT! - There is still bearish momentum! The market could make a double bottom on lower support area illustrated in orange, before bouncing to the...
Wait for confirmations throughout this week! - Best of luck Felipe
Illustrated before you is the full Elliot Waves Count and analysis on UC - As we can see, price has been bullish within a channel since last year. Price has made a hard corrective impulse to test support of trend channel. - Wait for confirmations during this week before entering LONG Impulsive Wave (v) could be in preparation! - Best of luck Felipe
Elliot Waves Complete Analysis of NZDUSD - Wait for corrective wave (iv) to form with an ABC structure. Then you can place long trades for what could be impulsive wave (v) toward the 161.8% extension level. Short term scalping sell trades can be taken throughout corrective wave (iv). - Best of luck!
Inverted hammer candle and a possible bearish engulfing candle, are signs of rejection at a very major resistance level. It is natural and necessary for the market to make a corrective pullback in search of demand and liquidity. Intraday short positions could be taken during next week's opening. Be careful of the key support area near 1280.00s - price could...
The day will most likely close with a bearish engulfing candle. A possible sign and confirmation for a bearish correction move (corrective impulse) back toward an important support area. Should price break that support, we could se the major corrective wave (III) form throughout all of next week and possibly the week after that; depending on how fast the market...
Let's wait and see how the market behaves at the support of the corrective structure it is currently at. Short positions could work for intra-day trading. Good luck
Im trying to illustrate this Elliot Wave's analysis as simple as possible and as clear as it can get. The explanation is simple: Price is currently showing rejection at a key resistance area and it matches to be impulsive wave 3 with its 5th sub-wave having already ended. The projection is for the market to create the corrective wave (iv). - Short term sells...
Price has successfully broken the neckline area and made a retest. It is now on it's way to targeted area. Best of luck