Watch for the break of the red trendline and look for an entry on any USD pair after pullback.
Expecting a rejection of our sell zone. Entries require a stoploss above invalidation level.
Hey Traders, As you can see Bitcoin has been moving correctively in the last few months. Too many questions about the direction of Bitcoin. Are we gonna hit the 80k level or we are going down to the 40k level. Well, based on Elliot wave theories and based on market structure, we still have one more leg to the downside. Technical Approach : We are in a WXY...
Expecting a rejection of our sell zone. Once entered, stoploss above the highs ( invalidation level ).
Price is starting to show some reversal. Expecting price to retrace to golden zone. Entry now with stoploss below the current lows.
- Wait for price to retrace back to sell zone or any Fibonacci level - Watch for a rejection - Stoploss above the highs or above the rejection - Target: 1.040 ( 700 pips ) Good Luck and Trade Safe!
Expecting DXY to continue moving to the upside to complete ABC pattern. Watch for a pullback and then look for XXXUSD SHORT and USDXXX LONG.
Polygon is approaching 2022 lows. Is it good time to buy now? Based on Elliot wave theories and current price action on weekly timeframe, we are now in major wave 4 that is not completed yet. Expecting major wave 4 to be completed around the -0.27 ( 0.17 ) and -0.618 ( 0.08 ) Fibonacci levels ( Our buy zone ). For the upcoming days, we'll be looking for short...
Here is the expected DXY path for the incoming weeks. We are working with a complex ABC pattern. We are currently in major wave B ( ZIGZAG Pattern ). Zigzag pattern ( 5-3-5 ) is made up of 3 waves: Wave A = 5 waves Wave B = 3 waves Wave C = 5 waves Working with Wave C, we still have subwave 5 in order for major wave B to be completed. What we are looking for...
Looking at the higher timeframe analysis, we can see that EURUSD is moving impulsively in the last period of time. Impulsive move is made up of 5 waves - Wave 1 = Wave 3 = wave 5 = 5 waves - Wave 2 = wave 4 = 3 waves We are now in subwave C of wave 4. Expecting a move down to our buy zone where we'll be looking for buys targeting 1.13 level. If...
Bitcoin has been moving sideways for half a year creating a complex correction WXY( 3-3-3). Complex correction is made up of 3 waves were each wave is also made up of 3 waves ( in the form of ABC's ). Wave W = Wave X = Wave Y = 3 waves We are now in the last leg of wave Y. Expecting price to break the lows again and move upwards from our buy zone. Looking for...
By looking at the weekly chart on Ethereum, we have noticed that Ethereum is still in its corrective phase. The correction phase is made of 3 waves ( A, B, and C ). As you can see, we have finished waves A and B and we are now in the final wave ( wave C ). Expecting this wave to be completed between the lows and the -0.27 Fibonacci level where we'll be looking to...
EURUSD is currently in a downtrend. Looking to catch wave C = 5 waves similar to wave A. Expecting wave B to be completed at Friday highs. Watching the rejection of the 4H 50 EMA to confirm our idea. We are targeting 0.5 and 0.618 fib levels.
Although this idea might sounds weird but following the technical theories, we can expect Ethereum to melt down easily to the 1600 level. According to Elliot wave theory, we are now in wave 3 in a downtrend. What we are looking for is try to catch the final leg of this wave. Will keep the way of entering for those who support this idea. So let's hit at least 20...
According to Elliot wave theories, Impulsive phase is made up of 5 waves. We are currently in the 4th wave and looking to catch the final wave. Trade Idea: -Watch the rejection of our buy zone. -Look for any reversal pattern or model like trendline break or break of structure Will update later once we reach our area if interest.
In our last analysis, we have observed a WXY correction that is still in play. Price made a nice bounce off channel making a running flat. Can we buy from here? TOO Risky.. What we want to see? BITCOIN 1H - Wait for the break of structure, 50 EMA and trendline. Entry will be at the retest Good Luck and Trade Safe!
Bitcoin is preparing for a massive move to the upside targeting 70k again. We are working with a WXY correction. WXY pattern is made up of 3 waves were each wave is also made up of 3 waves. We are now in the final leg of wave X and looking to catch Wave Y. Trade Idea: - Wait for a clear rejection on buy zone - Stoploss below 49k or below price after your...
Hey Traders, It look likes that Bitcoin has completed its first impulse up. Break of 8H 50 EMA means that the correction has started. Expecting this correction to be completed around our buy zone. LONG Setup: - Wait for subwave 2 to be formed. - Watch any rejection at the buy zone - Stoploss: Below recent lows - Targets: 73k,80k,90k, and 100k Good Luck...