Crypto Market Cap, BTC/USD, ETH/USD, USDT/USD, XRP/USD, Bitcoin
Apple, Advanced Micro Devices Inc, Amazon Com Inc, TESLA INC, NETFLIX INC, Facebook Inc
S&P 500, Nasdaq 100, Dow 30, Russell 2000, U.S. Dollar Index, Bitcoin Index
US 10Y, Euro Bund, Germany 10Y, Japan 10Y Yield, UK 10Y, India 10Y
On a big perspective the "X" point is a complete ABCD pattern with 0.47 ratio. Pattern makes it actually a double top and gifts huge chances of reversal
Elliotwaves + fibs levels On 4hr chart previous waves can be counted easily, showing the end of the corrective structure
Typical wolfewave. The impulse from 4 to 5 almost ended. now it is in correction state of the last wave. Can actually rise from now, cause of that. But i prefer to wait a little bit more
Greetings, traders. Here is my version of what's gonna be in the near future relying on the wave power and s/r Red zones - sell, Green zones - buy.
Forcing tight stop lose cause of bullish channel
Analysis: 1. Overall bearish trend. 2. Daily bullish correction before the trend continuation. 3. Smaller correction in a form of bullish flag. 4. Bullish flag might be a part of a head-and-shoulders. 5. ABCD pattern in a C point. 6. C point also is a previous support level. Should serve as a resistance. Trading opportunities: 1. Buy @ flag support, first target...
Analysys: 1. Overall bullish trend on GBPAUD with correction; 2. Waves count shows the soon end of correction, so we should wait opportunities to buy; 3. There are 2 Wolfewaves on a chart, bearish (red) and bullish (green). Since they have really great chances on daily gbpaud chart, we need to consider them in trading. Trading opportunities: 1. Awesome trade...
*Disclaimer todays FOMC can ruin everything 1. Overall bearish trend; 2. Possible price reversal zone either near previous channel support or at flag resistance (where there is also a bearish WW formation); 3. WolfeWave (green arrow) votes for the double top on a channel resistance; 4. Bullish flag votes for the double top on a channel resistance; 5. Double bottom...
We have a correction after complete EWs as a bullish flag. And we have 2 WW, last one completed just now. There is a high chance of breaking the flag and going up at least to the last resistance. So 1. 2 wolfe waves marked with green arrows; 2. Bullish flag with a strong support level that was rejected two times; 3. Complete EW before flag makes it a correction...
So, we have a rebounce from the strong resistance, at least to a lower channel support. + there is a nice wolfewave waiting nearby for second target. Hope that dollar wont decide to make some new highs. Have a nice trades, warriors.
Really similar correlation to the previous one. Expecting breakout soon. Considering overall bearish trend, pair has high chances to breakout to lows today or in a 2-3 days. Last correlation took 11 days, that one continuing for 8, since they have similar structure, they might have similar time length. Disclaimer: I am not trying to call some1 to sell or buy,...
Strong bear trend on GBPAUD On lower timeframe we can see a break of a chanel High chance of correlation end and going down again + fundamental analysis. Aud GDP got up at night. SHould be downtrend for whole daysession.