The next sell levels on EURUSD On Friday we had a bullish impulse on EURUSD that took price to 0,9966.
This move will most likely continue towards 1,0050.
These will be the next levels where we want to see rejection i potential selling opportunities.
This week, we have important news that are going to affect the market again.
Correction
LNG daily break of the up trendline B wave correctionOrder SELL LNG AMEX Stop 168.63 LMT 168.63 will be automatically canceled at 20230401 01:00:00 EST
LNG daily break of the up trendline B wave correction there's nothing in our way.
BTC Elliott wave countI'll keep it simple wtih this one.
BTC is a 4th corecttion wave, in theory 4th wave needs to touch 1st wave before going down.
In this is idea you can see that 1st wave bottom is in a perfect place for fib 50.
So if 4th wave reacheas 1st wave around 32k and gets rejected on further move up, we can easily expect btc to go down to around 10k.
Good luck and trade safe.
P.s. I'll check how this played out around april 2023.
GALA/USDT SHORT TRADE hello traders
In a session, I am waiting for an opportunity to sell the cryptocurrency Gala, first target 0.04375
Second level target 0.04196
Analysis
The price has arrived for a block of sell orders on the daily frame, and there is liquidity that has been grabed, and there is a momentary on a 5 minute frame for sellers
And the price is going up in a corrective way, so it is expected that it will reach the supply area and we will get another moment for the sellers
InvestMate|DAX time for a correction?🇩🇪 DAX time for a correction?
🇩🇪 During last week's trading sessions, we could see an attempt to stem the declines on Germany's main index, which comprises the 40 largest German companies. The correction from the bottom was already 9%.
🇩🇪 The bottom fell on 28 September and from then on we began to slowly form breakout formations on the chart. We have been making higher and higher highs and lows.
🇩🇪 Looking from a fundamental point of view, the dax index is in the best position relative to other indices.
🇩🇪 Low interest rates at 1.25 per cent are unable to suppress demand for investment loans.
tradingeconomics.com
🇩🇪 At the same time, during Friday's session we also saw a strong correction in US and German bonds, which could signal a change in sentiment towards equities and in the medium term could generate an upward impulse on this stock.
🇩🇪 Turning to the chart, we are at a strong support line from which the price has repeatedly been pulled upwards. During Friday's session we tried to go lower but the level was defended.
🇩🇪 If the positive sentiment is maintained, we can expect the price to continue to rise towards 13400 points where I find a strong line of resistance.
🇩🇪 In this situation, it would be appropriate to take a defensive order below Friday's lows and target the 13400 points zone where the range of the last upward correction is also located. This gives us a very good risk/reward ratio of 3.19
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InvestMate|NZDU/USD Time for a correction💵NZDU/USD Time for a correction
💵Quick play
💵Quick play to make a correction in the medium-term uptrend after the double top breakout on the hourly interval
💵Input at current level
💵Stop order above double top
💵Take profit at 0.57334 which is the 0.382 fibo of the upward impulse wave
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