Hello Traders, Here's my analysis for AUDUSD ! Trade Safe :) and also Merry Christmas
hi guy this is a new pattern that i discovered. I would like to call it: leaf wave! :) lol
High probability trade. - 3rd touch of trendline resistance - DXY on the verge of breaking up - NZD index close to a breakdown - price currently in a 15 min correction. Awaiting breakdown of the correction Will be shorting to the previous bottom. 400 pips.
Please give a Follow - Like, comment- enjoy. Until the next analysis
Hello everyone, Watch Gold for one more Bearish leg. Watch price action in lower timeframe so you can triget your short move position, it can push a little bit higher, in prices aria like 1491.00. Trade with care.
as fellow traders, we all know, when there is a surge in prices, or it prints high or low prices. we must wait for the market to subside Why? Doesn't that mean there are good prospects if there is a price surge upwards, does it mean that everyone knows when it's time for the wave to show its charm? the answer is, you could be right, you could be wrong. if you...
We saw a breakout early this week, but then price got back inside with two impulses down! I'm looking for the 3rd impulse or the 5th wave! already in! Lets see! What you think?? Leave your opinion on this pair! Also, if you like my analysis and would like to discuss it with me and more traders, join the Trading Bay community in Telegram! Link : t.me/tradingbayfx
Hello Traders, Here's my analysis for USDCAD Trade Safe!
USDCNH hit 10 years top retrace to wave A-1 fibo 0.764 and start down to A-3, Target at 6.93, RR ratio 1:2.3
Official 5 waves are done now! If you are looking for a short opportunity from here, the first 2 possible targets would be the 0.382 fib retracement which coincides with the 4th wave, and the 2nd target would be at the 0.5 fib retracement where the 1st wave topped to take your profit. At the top of this uptrend we can clearly see now that 2 shooting star candles...
WAIT FOR BUYING WAVE/USDT IF IT CAN BREAK OUT THE RESISTANCE (YELLOW ZONE)
A bearish wolfe wave pattern is near completion with the entry price bellow the upper trend line of the pattern , you can see the profit target and stop loss levels on the chart , take care .
Wave 2 has completed and price is moving north now. Targeting Wave 3 end at the 1.618 Fib Extension, .696 price area. I will look at adding long positions at price dips. See chart.
My previous count is still in the play, but with update now on the symmetry of the corrective move, expecting a bounce form .786 and then the wave C down, yes even now im still expecting much lower prices. It always helps to take a birds eye view of this coin and look for simplicity in the larger moves. If you're aware of what it's doing in the large picture you...
Last Large ABC correction down, and 5500 region has very a good reason for a tap of the major trend line and the .786 fib. This chart I made purely on geometrical symmetry where the Elliot and fib seem to align in harmony. This is my more bearish count. Possible we could still bottom out at 6200-6500 as i stated before. But having more options on the table and...