We clearly see that we are on an ascending trend. We see HH's and HL's.
According to Fibonacci retracement, we retraced from an impulsive wave. Now, as we are on the 60% level of retracement, we could expect another impulsive wave that targets the -27% level.
Don't forget about the stop loss.
EURJPY could provide us a good Short Setup at this moment.
On Daily Time frame we are on an ascending channel, close to the resistance.
On this moment we can clearly see a Consolidation area on multiple time frames, so we could expect a retracement on the daily time frame, respectively, trend reversal for lower timeframes.
To go short we should wait for a clear...
EGLD - Long Setup .
On the 1H TF we see a bearish trend that might be at the end, so we have an opportunity to take a long position.
Here we have a possible trend reversal on the 1H timeframe. According to Elliott wave, the 5th wave is the last impulsive wave and we could expect a trend reversal at the end of the wave. Another confirmation is the rejections that...
MATIC Network - Long Setup.
We can see on the Daily chart that we are on a bullish trend, as we are able to see HH's ( Higher Highs) and HL's (Higher Lows). According to the Elliott Wave, we find ourserlvs in the 5th wave which is an impulsive wave. According to this information, we used Fibonnacci to measure where the price might head towrds in this specific...
BTC Analysis - Possible Short Setup. We are able to see the market structure with LH's and LL's. According to this we identified the Elliot Wave which is marked by the blue lines. We currently are found in the retracement of the 3rd wave ( This 4th bullish small wave move that we are right now). Using Fib Retracement, we conisder that this retracement of the 3rd...
![EGLDUSDT: EGLD - Long Position [1H]](https://s3.tradingview.com/i/IZhpfhjU_mid.png "EGLD - Long Position [1H]")
