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AUDJPY BEARISH SCENARIOAUDJPY is trading in downtrend Price broke corrective uptrendline Strong bearish wave ended at level 81.35 then corrective bullish wave rejected from key level corresponding to 50% Fibonacci level at 82.75 Below SMA 100 waiting price to break support level at 82. 05 for short setup It's expected forming bearish wave to target support level at 80.00 Risk Disclosure: Trading Foreign Exchange (Forex) and Contracts of Difference (CFD's) carries a high level of risk. By registering and signing up, any client affirms their understanding of their own personal accountability for all transactions performed within their account and recognizes the risks associated with trading on such markets and on such sites. Furthermore, one understands that the company carries zero influence over transactions, markets, and trading signals, therefore, cannot be held liable nor guarantee any profits or losses.
Short
by legacyFXofficial
1
Bitcoin Analyze (Counting Waves/Short Term)!!!Hi, This post is a help for the post with topic ''Bitcoin Analyze (Regular Contracting Triangle)!!!'' (Unfortunately, this post didn't publish in the General Section). Bitcoin Analyze ( BTCUSDT ) Timeframe 30min ⏰ Location 🌊: about the location of Bitcoin , please read my post with the topic ''Bitcoin Analyze (Two Descending Triangle )!!!'' . Bitcoin has started Corrective Structure on top of our Descending Channel , I tried to find the end of wave C . The end of wave C can be on Support Zones. . Also, we are 👀seeing👀 the end of pullback to the lower line of our Regular Contracting Triangle . Support Zones: Target 1 : 32600$-32520$ Target 2 : 32270$-32220$ Resistances Zones: Resistances Zones 1 : 33700$-33740$ Resistances Zones 1 : 34160$-34220$ My Suggestion: Find best Triggers for opening Short Positions //please do NOT buy Coins for Midterm and Long-term investment until the market finds a way. // if the price goes UP over the Monthly pivot point (35060$) , then we can think about opening Long positions for the Short-term . Do not forget to put Stop loss for your positions (For every position you want to open). Please follow your strategy , this is just my idea, and I will be glad to see your ideas in this post. Please do not forget the ✅ 'like' ✅ button 🙏😊 & Share it with your friends, Thanks, and Trade safe
Short
by pejman_zwin
20
SPX: Are you afraid of a pullback?Hello traders and investors! Let’s see how the S&P500 is doing today! First, we are trading at record highs, which is incredible, but some people might get anxious in this situation. After all, at one moment it’ll drop, right? It has to. Well, I can guarantee to you that it’ll do a correction at some point, the problem is that we don’t know if this correction will be a true pullback to a previous support level or if it will do just some sideways correction for a few days/weeks before it goes up again. Regardless of this, we have no weakness signs around , and there is nothing telling me we’ll see a pullback, let alone a reversal. What could cause a correction on the SPX? A bearish structure. We could use a lower high/low in the 1h chart, or even a bearish chart pattern like a double top , something that Nasdaq is doing right now: If Nasdaq loses today’s low tomorrow, we’ll see some weakness, but the SPX is not doing anything like it, and we can’t trade without confirmation. I think the NDX is the easiest index to understand (it has been in the last few weeks), but it is also not doing any confirmation. Back to the SPX, we only see a series of new records here, and the 21 ema is working as a support level for the index. We have some good opportunities around, but I don’t see the moment as a buy. We bought many stocks during the dip in mid-May, like PLTR, LMND and PINS (sold with a huge profit), but now it is too late. I just bought one stock recently for myself, but this one is a secret for now. Let’s be patient, the market will give us many opportunities soon, and we’ll be there to catch them. If this analysis helped you, remember to follow me to keep in touch with my free analyses. Thank you very much!
SP:SPX
by Nathan_The_Finance_Hydra
10
Bitcoin Analyze (Regular Contracting Triangle)!!!Hi, today I want to talk about one of the standard Corrective waves structures: Regular Contracting Triangle . Bitcoin Analyze ( BTCUSDT ) Timeframe 1h ⏰ Location🌊: about the location of Bitcoin , please read my post with the topic ''Bitcoin Analyze (Two Descending Triangle )!!!'' . Regular Contracting Triangle : I think that Bitcoin flowed inside the Regular Contracting Triangle for about 12 days . Regular Contracting Triangle's Rules: wave B can retrace 61.8%-78.2% Wave A== it has complied.✅ wave C can retrace 61.8%-78.2% Wave B== it has complied.✅ wave B can retrace 61.8%-78.2% Wave D== it has complied.✅ wave D can retrace 61.8%-78.2% Wave E== it has complied.✅ a triangle consists of 5 corrective waves (ABCDE).= we can see 5 corrective waves on our chart == it has complied.✅ a triangle can only appear in the position of wave 4 of an impulse, wave B/X of zigzags and flats, wave Y of double three sideways corrections, or wave Z of triple three sideways corrections.== it has complied.✅ at least 4 of the 5 waves subdivide into zigzags . we have 4 Zig Zag waves == it has complied.✅ a triangle never has more than one complex wave . The complex wave within a triangle can only be a double/triple zig-zag or a triangle itself. we don't have a complex wave ==it has complied.✅ In contracting & barrier triangles, Wave C does not move beyond wave A, wave D does not move beyond wave B, and wave E does not move beyond wave C. This results in two converging trend lines forming as the triangle progresses. The main difference between a barrier triangle is that it creates a virtually horizontal trend line between points B and D ==it has complied.✅ as result , we have all rules on our Regular Contracting Triangle 👍 the price was able to break(trusty) the lower line of our Regular Contracting Triangle and also, the price is pulling back to our triangle. we can see a Bearish Bat Hamonic Pattern + Bearish AB=CD Harmonic Pattern on this pullback. I found Point D of our patterns (BAT&AB=CD) at TRZ ( Time Reversal Zone ). MACD Analyze: We have Hidden Divergence ( HD- ) between price and MACD until now.+ Sell Signal . 👉https://www.tradingview.com/x/9tf2fnVy/ RSI Analyze: RSI lost the Uptrend line.👉https://www.tradingview.com/x/lZ08YQtx/ Also, still, I am believing in Bitcoin Long-term Analyze ( Monthly Time frame)📆: Please read this post carefully ( I ❤️ LOVE ❤️ THIS POST(for Jun 9)😀)👉https://www.tradingview.com/chart/BTCUSDT/PTviG7sS-Bitcoin-Long-term-Analyze-Monthly-Time-frame/ My Suggestion: Find best Triggers for opening Short Positions //please do NOT buy Coins for Midterm and Long-term investment until the market finds a way. // if the price goes UP over the Monthly pivot point ( 35060$ ), then we can think about opening Long positions for the Short-term . Do not forget to put Stop loss for your positions (For every position you want to open). Please follow your strategy , this is just my idea, and I will be glad to see your ideas in this post. Please do not forget the ✅ 'like' ✅ button 🙏😊 & Share it with your friends, Thanks, and Trade safe
Short
by pejman_zwin
28
Bitcoin Analyze (Descending Triangle + Falling Wedge)!!!Hi, as I said in my last post, probably I was able to find the end of microwave 4 of main wave C at 36600$ . Bitcoin Analyze ( BTCUSDT ) Timeframe 4h ⏰ Location 🌊: about the location of Bitcoin , please read my post with the topic '' Bitcoin Analyze (Two Descending Triangle)!!! ''.just I can say if the price breaks our ascending Channel (to down), I will be more sure about the end of microwave 4 of main wave C❗️( Probably we will lose it). patterns : Bitcoin is running on Descending Triangle (Even we saw fake break last night, Middle line of ascending channel & 78.6% Fib & TRZ1 was able to hold our triangle). now we have to find Point D of Descending Triangle . First, I tried to find the time of Point D (we can find Point D at TRZ2 or TRZ3 ), Also we will have Bullish Gartley Harmonic Pattern at Point D . Still, we can't receive great news from the market, and some of the important Countries that they are working in the field of Cryptocurrency put Rules or Boycott it or they are bothering Exchanges + Miners (Countries like China+UK+India+Iran +...) == as result, I think that we will lose heavy support ( 316200$ until 30000$ ( Support + Cluster of Fibs+ the lower lines of Descending Triangles ) soon. if we lose it, my idea: the price will run on Falling Wedge and after that we can find the end of microwave 5 of main wave C (The end of Corrective Structure) on the lower line of Falling Wedge , and then we can see real Bullish market . Also, still, I am believing in Bitcoin Long-term Analyze (Monthly Time frame) 📆: Please read this post carefully ( I ❤️ LOVE ❤️ THIS POST(for Jun 9)😀)👉https://www.tradingview.com/chart/BTCUSDT/PTviG7sS-Bitcoin-Long-term-Analyze-Monthly-Time-frame/ My Suggestion : please do NOT buy Coins for Midterm and Long-term investment until the market finds a way. Over 43780$ our counting waves will fail and we can think about buying coins. Do not forget to put Stop loss for your positions (For every position you want to open). Please follow your strategy , this is just my idea, and I will be glad to see your ideas in this post. Please do not forget the ✅ 'like' ✅ button 🙏😊 & Share it with your friends, Thanks, and Trade safe
by pejman_zwin
24
Bitcoin Analyze (Two Descending Triangle)!!!Hi Everyone, I can understand that maybe you are tired from this market, but I am believing that we will see new movements (Soon)❗️ I don't know that did you read my previous post about Bitcoin analysis or not !? if YES , please read this post, if NO , first please read my post with the topic'' Bitcoin Analyze ( Triple Three Corrections ) !!! ''. Bitcoin Analyze ( BTCUSDT ) Timeframe 4h ⏰ Location 🌊: I think that we passed microwave 4 of main wave C at 36600$ . The shape of microwave 4 was Triple Three Corrections, and I was able to find the eleventh swing (Wave (Z)). My idea : Bitcoin is on Microwave 5 of main wave C (The end of Corrective Structure) and if this time the price arrives to our heavy support ( 316200$ until 30000$ ( Support + Cluster of Fibs+ the lower lines of Descending Triangles ), we will lose our Heavy support and even we will see 22535$ (Monthly Support 2). Patterns : Bitcoin is running in two Descending Triangles that the upper lines of these triangles are Heavy resistances (Especially Pink Triangle). I found Points A-B-C on Pink Triangle and we have to wait to verify Point D-E ( Critical Points ). We can lose heavy support at Point D or we can lose heavy support when the price goes down from Point E (Let's see what will happen!?) Also, still, I am believing in Bitcoin Long-term Analyze (Monthly Time frame) 📆: Please read this post carefully ( I ❤️ LOVE ❤️ THIS POST(for Jun 9)😀)👉https://www.tradingview.com/chart/BTCUSDT/PTviG7sS-Bitcoin-Long-term-Analyze-Monthly-Time-frame/ My Suggestion : please do NOT buy Coins for Midterm and Long-term investment until the market finds a way. Over 43780$ our counting waves will fail and we can think about buying coins. Do not forget to put Stop loss for your positions (For every position you want to open). Please follow your strategy , this is just my idea, and I will be glad to see your ideas in this post. Please do not forget the ✅ 'like' ✅ button 🙏😊 & Share it with your friends, Thanks, and Trade safe
by pejman_zwin
29
Bitcoin Analyze (Triple Three Corrections) !!!hello, I have to say thanks to all users that respect ideas that are even wrong (Please Respect each other🙏). Bitcoin Analyze ( BTCUSDT ) Timeframe 4h ⏰ First, I have to say sorry for the busy chart, but I suggest to you please spend some minutes on this post, probably useful (This is just my idea). Location🌊 : Bitcoin's Correction has started around 64200$ (The Corrective structure is Zig Zag 5-3-5). I believed that microwave 4 of main wave C ended at 41330$ == Microwave 4 was like Descending Triangle, but when the upper line of Descending Triangle has broken yesterday, as I said in my previous post ''If price breaks our triangle (to up), probably microwave 4 will be the Triple Three Corrections type (WXYXZ)''. now, we lost Triangle and I think that we have a Triple Three Corrections. What is my aim 🎯? Answer: I want to find the end of microwave 4 of main wave C or where will microwave 5 of main wave C start ?! I want to say some of the necessary concepts for Triple Three Corrections and then compare them with our chart's conditions (Let's go): The corrective structures are labeled as WXYXZ . The corrective structures are labeled as WXYXZ. They are an 11 swing structure. The subdivision of wave W, wave Y, and wave Z can be a zigzag, a flat, a double three of smaller degree, or a triple three of smaller degree. The Wave X can be any corrective structure including a stand-alone triangle. The Fibonacci ratio relationships are as follows. Wave X will retrace anywhere from 50%, 61.8%, 78.6%, or 88.6% of wave W.Wave Y can not pass 161.8% of wave W or it can become an impulsive wave three. The second wave X will retrace the wave Y in the same aforementioned Fibonacci retracement levels as it did the wave W. The second wave X structure does not have be the same structure as the first wave X. The Wave Z target area to finish the triple three correction will be a Fibonacci extension 61.8%, 100%, or 123.6% of the wave W. one of the standard templates of three corrective structure combinations that can form triple three corrections == this particular one is a double three wave W followed by the first wave X being a zigzag. Likewise as the wave W, the wave Y is a double three. This is followed by a zigzag second wave X connector. The wave Z ends with another double three. now I want to compare my chart with upper conditions: The corrective structures are labeled as WXYXZ . They are an 11 swing structure== I was able to find 10 swing structures and I think that we are on the eleventh swing (Wave (Z)). The subdivision of wave W, wave Y, and wave Z can be a zigzag, a flat, a double three of smaller degree, or a triple three of smaller degree. The Wave X can be any corrective structure including a stand-alone triangle == our waves have these shapes. Wave W is a double three Wave == the wave (W) is a double three Wave✅ // Any three ✅ Wave X will retrace anywhere from 50%, 61.8%, 78.6%, or 88.6% of wave W == Wave (X1) has complied.✅ Wave Y can not pass 161.8% of wave W or it can become an impulsive wave three == Wave (Y) has complied. ✅// The wave (Y) is a double three Wave✅ Wave X will retrace anywhere from 50%, 61.8%, 78.6%, or 88.6% of wave Y == Wave (X2) Has retraced 161.8%, t Has not complied but I am talking about the standard template ❌ //Any three ✅ The second wave X(X2) structure does not have be the same structure as the first wave X (X1) == This item has complied ✅ The Wave Z target area to finish the triple three correction will be a Fibonacci extension 61.8%, 100%, or 123.6% of the wave W.== The wave (Z) ends with another double three.// My aim 🎯 If you read my explanation carefully, you will know that my counting waves are really close to one of the standard templates of three corrective structure combinations that can form triple three corrections. Where is the end of Wave (Z) ?! My idea : Structure of Wave ( Z ) is ( Flat 3-3-5 ), and I think that we are on microwave C of microwave ((Y)) of Wave (Z). Wave C terminates just slightly beyond the end of wave A at around 113% to 127.2% (Standard). The End of wave C or the End of Wave ( Z ) ( End of Main Wave 4 == My aim 🎯 ) : Target 1: 36370$ == (113% Wave A) // 37320$ (127.2% Wave A ) // 37555$ is Yearly Resistance 1 . Target 2: 41280$ until 40290$ ( Resistance + Cluster of Fibs+ Topline of the upper channel + upeer line of Bearish 🦇Bat🦇 Harmonic Pattern ( we have this pattern on this zone) ) Support zone: 31620$ until 30960$ ( Support + Cluster of Fibs+ the lower line of Descending Triangle ) == Heavy & important Support Also, still, I am believing in Bitcoin Long-term Analyze ( Monthly Time frame)📆: Please read this post carefully ( I ❤️LOVE❤️ THIS POST😀)👉https://www.tradingview.com/chart/BTCUSDT/PTviG7sS-Bitcoin-Long-term-Analyze-Monthly-Time-frame/ My Suggestion: please do NOT buy Coins for Midterm and Long-term investment until the market finds a way. Over 43780$ our counting waves will fail and we can think about buying coins. Thanks for reading this Long text🙏💐. Do not forget to put Stop loss for your positions (For every position you want to open). Please follow your strategy , this is just my idea, and I will be glad to see your ideas in this post. Please do not forget the ✅ 'like' ✅ button 🙏😊 & Share it with your friends, Thanks, and Trade safe
by pejman_zwin
23
Bitcoin Analyze Time Frame 4H/ Contracting Triangle!!!HI, first I have to say thanks for likes my previous post🙏💐, I tried to explain Counting waves, Tweets, and how were Channels make! Bitcoin Analyze ( BTCUSDT ) Timeframe 4h ⏰ Location 🌊: If you want to know about my counting waves' Story, please look at my previous post (Topic''Bitcoin Analyze(Counting Waves+Channels+Tweets)!!!''). if you remember my previous post, I talked about BTC's location. my idea, we passed microwave 1 of microwave 5 of the Main wave C (End of Correction), and now we are on microwave 2 of microwave 5 of the Main wave C, the shape of this wave is Contracting Triangle. I was able to find points A-B-C, and we have to find other points like D and E(Probably E). points E and D are our critical points, we can see main movements at these points. About point C, I found it on TRZ ( Time Reversal Zone ) while we have a Bearish Stick Sandwich 🌭 Pattern too. To confirm point C , also we can check RSI , MACD , Stochastic , and ADX . MACD & RSI : we can see Hidden Divergence( HD- ) Between Price and MACD + Price and RSI until now. MACD 👉https://www.tradingview.com/x/IhyCxRjg/ RSI 👉https://www.tradingview.com/x/tpEMBbNr/ Stochastic : we can see the end of the movement.👉https://www.tradingview.com/x/hjdBeF4q/ ADX = 18.4 < 25 ( Over 25 , we can say the trend has started)== this movement was just a corrective movement (Point B until Point C ). Important Resistance zones & Support Zone on Bitcoin's way (Respectively): Resistance zones : The upper line of our Descending Triangle , price is fighting with this now. Resistance zones : 37596$ until 37267$ ( Yearly Support 1+ Cluster of Fibs ). Support Zone : 316200$ until 30000$ ( Support + Cluster of Fibs+ the lower line of Descending Triangle ). ❗️Alert❗️: If price breaks our triangle (to up), probably microwave 4 will be the complex type (WXY_WXYXZ). still, I am believing in Bitcoin Long-term Analyze ( Monthly Time frame )📆: Please read this post carefully ( I ❤️LOVE❤️THIS POST😀)👉 My Suggestion : please do NOT buy Coins for Midterm and Long-term investment until the market finds a way. At least you can wait for breaking our Descending Triangle (to UP)/ Also If you find Triggers for Short positions , You can use them for the short term . Do not forget to put Stop loss for your positions (For every position you want to open). Please follow your strategy , this is just my idea, and I will be glad to see your ideas in this post. Please do not forget the ✅ 'like' ✅ button 🙏😊 & Share it with your friends, Thanks, and Trade safe.
Short
by pejman_zwin
31
Ethereum Counting Waves!!!Hi everyone, we are watching 😕dull😕 days these days, especially for people that hold their Coins. I have to say, these days, most of the coins are on Corrective Structure , but I am trying to show u at least the Resistances and Supports that exist in front of coins. Location: ETH finished Main wave 3 at 4370$ (We saw a great rally on this wave), then it started the Main wave 4 . ETH is running on Main wave 4 ( Zig zag 5-3-5 ) for about 41 days, and I think that Main wave 4 will take more time from us . The microwave A has finished at 1866$ ( impulsive== 5 waves ). We passed from microwave B by Contracting Triangle . The end of microwave B was at 2847$ . Now, we have to find the end of microwave C of Main Wave 4. I was able to find microwaves 1 & 2 of microwave C , and I think that we are on microwave 3 of microwave C of MainWave 4 , right now. Also, I have to say that Microwave C can NOT go down less than 1406$ == Elliott's rules will be violated (Wave 4 and Wave 1 can not have overlap). The Microwave C can be finish like a leading expanding diagonal . In addition, probably microwave 4 of microwave C will Time correction (because microwave 2 of microwave C did price correction == This is not rule). I tried to show you our Resistance Zones & Suppor Zones that we have in front of Ethereum . Resistance zones on Ethereum's way : Resistance zone 1 : 2650$ until 2608$ ( Resistance + Cluster of Fibs ) == Light Resistance Resistance zone 2 : 2935$ until 2822$ ( Monthly Pivot Point + Cluster of Fibs + Resistance +Contracting Triangle's Target ) == Heavy Resistance Support zones on Ethereum's way : Support zone 1 : 2260$ until 2237$ ( Support + Cluster of Fibs ) == Light Support Support zone 2 : 2081$ until 2074$ ( Support + Yearly Resistance 4 ) == Medium Support Support zone 3 : 1900$ until 1865$ ( Support + Cluster of Fibs ) == Medium Support Support zone 4 : 1640$ until 1590$ ( Support + Cluster of Fibs + Yearly Resistance 3 ) == Heavy Support My Suggestion: please do NOT buy Coins for Midterm and Long-term investment until the market finds a way. Do not forget to put Stop loss for your positions (For every position you want to open). Please follow your strategy , this is just my idea, and I will be glad to see your ideas in this post. Please do not forget the ✅ 'like' ✅ button 🙏😊 & Share it with your friends, Thanks, and Trade safe. Good luck
by pejman_zwin
19
Bitcoin Analyze(Counting Waves+Channels+Tweets)!!!Hi, today I want to talk about Bitcoin's Location and how are we losing our Heave Support (Support zone: 316200$ until 30000$ (Support + Cluster of Fibs+ the lower line of Descending Triangle ), also I checked the Times and locations of Elon Musk's Tweets during one month that we passed (Please spend some minutes on this post, thanks🙏). Bitcoin Analyze ( BTCUSDT ) Timeframe 4h ⏰ Location 🌊: Bitcoin's Correction has started around 64200$ (The Corrective structure is Zig Zag 5-3-5 ). I am believing that microwave 4 of main wave C ended at 41330$ (Microwave 4 was like Descending Triangle) and we are on microwave 5 of main wave C (end of correction) and if price can break (trusty) our heavy support, then end of microwave 4 of main wave C will confirm, otherwise probably microwave 4 will be the complex type (WXY_WXYXZ). About microwave 5, and how will it run ?!, I can say that if you see my chart (BTCUSDT) then you can understand that most of our waves at Descending Triangle are running on Channels, so I am predicting that microwave 5 of the main wave C will run on the channel too. Microwave 2 of microwave 5 of main wave C rested at Price💵, and now we can expect that microwave 4 of microwave 5 of main wave C will rest at Time⏰. Shadows : if you see my chart again, you can see 4 shadows that they crossed with our heavy support. we can analyze these Shadows: Length of shadows 1 > Length of shadows 2 >Length of shadows 3 > length of shadows 4 and finally the price is touching our support with Candles Body == probably we will lose this support soon + At least Bitcoin needs more time for resting. in addition, this analysis can confirm our counting waves too. Elon Musk's Tweets : if you look at the location of Elon Musk's Tweets( Disappointing Tweets😕), we can understand that all his Tweets were on the upper line of our Descending Triangle (Resistance) == Probably he wants more dumps on these days or just lucky, whats is your idea?! (maybe he will publish new tweets (hopeful Tweets😊) on lower prices). RSI Analyze : RSI is running at Descending Channel at daily Timeframe, even we can see two fake breaks on this way, also I found Head and Shoulder Pattern on the upper line of our channel, if RSI breaks necking line, probably RSI will close to our Support Zone.👉https://www.tradingview.com/x/fmn5ryVM/ Also, still, I am believing in Bitcoin Long-term Analyze ( Monthly Time frame)📆: Please read this post carefully ( I LOVE THIS POST😀)👉https://www.tradingview.com/chart/BTCUSDT/PTviG7sS-Bitcoin-Long-term-Analyze-Monthly-Time-frame/ My Suggestion : please do NOT buy Coins for Midterm and Long-term investment until the market finds a way. At least you can wait for breaking our Descending Triangle (to UP)/ Also If you find Triggers for Short positions, you can open (use from Descending Channels). Do not forget to put Stop loss for your positions (For every position you want to open). Please follow your strategy , this is just my idea, and I will be glad to see your ideas in this post. Please do not forget the ✅ 'like' ✅ button 🙏😊 & Share it with your friends, Thanks, and Trade safe.
by pejman_zwin
66
EUR JPY - longs are still highly probableHello traders and analysts Below is a good recap of an analysis which was conducted back in December 2020 . A Note before reading - this is a forecast analysis - based upon our trading strategy. This is tagged long, due to purchasing further increments upon imbalances. Please do not take this as face value and conduct the relevant investment strategy to successfully trade the probabilities. Master Key for zones Blue = Monthly Purple = weekly Red = 4 Days Yellow = 16 Hours Orange = Daily Dark Green = 8 Hour Grey = 4hour Pink = 1 hour Below is the weekly Imbalances - where the Euro has provided a clean fractal point on the monthly imbalance back between 120.00 - 122.XX JPY. The Fibonacci sequence using a four day and daily chart showed the newly created imbalance was a pivot point at the 61.8 - 70.5% Fibonacci retrace zone. see for further charts. Imbalances have a high probability for a retest which aligns with the monthly ray, where price will look to revert to for filling the wicks upon the four day fractals. Here is the application of using the Fibonacci extension - where the low has been taken using the monthly imbalance zone where the 114.3X becomes the - The high (or zero) is 127.16X where price - falters and provides a correctional using the imbalance . Here is the evidence where price has corrected using the Fibonacci retracement which has aligned the 61.8% with a great imbalance - and a upper correctional imbalance on the 38.2% This is using the four day perspective as a probability to prove the longs/call are still in play from the monthly imbalance. Probable scenarios - using probability applied to the imbalances and chart data. A possible scenario - where looking left, indicates a low probability of a correctional path. Please note - the weekly imbalance, where price has now exited - the imbalance is now a structural pivot level - where price can close back to - with a lower time frame imbalance offering a close out from sellers to allow the Bulls to 'breathe'. Scenario 2; Here is the Daily trendline - which accounts for a safe option as a base case scenario. Like previously stated, where wicks are occurring, price can identify this as a reversion point to pick up buy orders - as this is where imbalances lay waiting. Price can now consolidate or make an upside move and tail off when required. The trend is still in tact, the pair is currently in a correctional phases as imbalances are always retested. Cross correlation Using the correlation table - and using the average of variable x - where EUR JPY is variable X vs the average of variable Y - where CHF JPY is variable Y Using data from the screenshot below - with the built in indicator of the correlation coefficient. Below is the real cross asset weekly timeframe comparing the probability of imbalances - where two safe havens (CHF JPY) both indicate a new break of imbalance. Do you enjoy the setups? Professional analyst with 5+ years experience in the capital markets Focus on technical output not fundamentals Position and swing trades Provide updates where necessary - with new updated ideas tracking the progress. If you like the idea, please leave a like or comment. To all the followers, thank you for your continued support. Thanks, LVPA MMXXI
Long
by LupaCapital
2
MATIC Analyze (Counting waves) !!!I want to publish my analysis about MATIC (MATICUSDT Timeframe 4h ⏰) on Tradingview (First time). Also,❤️ Matic ❤️ is one of my favorite Coins. Location : MATIC was able to pass the Main wave 3 at 2.7$ . Now, MATIC is running at Main wave 4 , and we have to find the end of microwave C of Main wave 4. The end of microwave A of the Main wave 4 was 0.74503$ and The end of microwave B of the Main wave 4 was 2.43832$ . where is the end of microwave C of Main wave 4 ❗️❓ For answering the above👆 question , I have 2 scenarios : Scenario 1 : When price arrives on our contracting triangle's lower line, if price increases and makes the start of our Main wave 5. So the end of Main wave 4 will be around the lower line of the triangle. pay attention, even price can go up from now and it breaks the upper line of our tringle.== Our Corrective Structure will be Contacting Triangle (3-3-3-3-3) . Scenario 2 : When price arrives on our contracting triangle's lower line, if Price can break the lower line of the triangle, the price will go down until My Targets⛳️ 1-2-3 (Probably) and my targets will Specify the end of the Main wave 4.== Our Corrective Structure will be Regular Flat (3-3-5) . Target 1 : Around 0.9679$ ( 88.6% Fib microwave A ). Target 2 : 0.80564$ until 0.74503$ ( 100% Fib microwave A + Monthly Support 1 ). Target 3 : 0.49088.$ until 0.48335$ ( 113% Fib microwave A + 100% EXP Fib microwave A ). Resistance zones on MATIC's way (Respectively): Resistance zone : 1.77$ until 1.72$ ( Resistance + Monthly Pivot Point ) == Medium Resistance Resistance zone : 1.95$ until 1.90$ ( Resistance + Cluster of Fibs )== Medium Resistance Resistance zone : 2.37$ until 2.28$ ( Resistance + Cluster of Fibs ) == Medium Resistance Resistance zone : 2.70$ until 2.64$ ( Resistance + Cluster of Fibs ) == MediumResistance My Suggestion : Pay attention to Scenario 1 and 2 and try to find the best Triggers for buying this amazing Coin. Do not forget to put Stop loss for your positions (For every position you want to open) Please follow your strategy , this is just my idea, and I will be glad to see your ideas on this post. Please do not forget the 'like' button :) & Share it with your friends, Thanks, and Trade safe. Good luck
M
by pejman_zwin
18
🥊 All ways for Bitcoin 🥊Hi, thanks for spending your time on my posts 🙏. Bitcoin Analyze ( BTCUSDT ) Timeframe 4h ⏰ (sorry for the busy chart, but my chart needed these lines). We saw a great pump for about 1 day and 8 hours 😱 (One of the reasons was for Elon Musk's Group (Tesla) ). Ascent slop was 70 degrees (normal degree is 45 ), so I expected that the uptrend will not continue like before (it's like ❄️ snowing ❄️, when we are watching heavy snowing, most of the time snowing will stop soon). Location : Bitcoin's Correction has started around 64200$ (The Corrective structure is Zig Zag 5-3-5 ). If you followed my posts, we found End of microwave 4 of main wave C ( 40840$ on Descending Triangle ). after that we had to find the end of microwave 5 of main wave C ( End of our correction ). If the price goes UP over 42400$ , I can say that the end of microwave 5 is 33179$ ( Point D on our chart), also we are on 5 new impulsive waves. Otherwise, microwave 5 will be the complex type (WXY_WXYXZ). Patterns : Bitcoin was able to make Descending Triangle , but this pattern failed yesterday by that pump (Pay attention to Point E ). At our triangle, I found a Reverse Head and Shoulder Pattern that the upper line of our triangle was the necking line of this pattern + Bullish Flag pattern (Inside of our triangle). In addition, I tried to show you our Resistance Zones that we have in front of Bitcoin . Resistance zones on Bitcoin's way (Respectively): Resistance zone : 41340$ until 40800$ ( Resistance + Cluster of Fibs )/ The price is behind it right now == Medium Resistance Resistance zone : 42250$ until 4225$ ( Monthly Pivot Point + Bearish AB=CD Harmonic Pattern + Cluster of Fibs + Pitchfork's line + Fib circle )/ I don't think that Price can break this zone just with one test.== Heavy Resistance , pay attention to green Rectangle. Resistance zone : 44280$ until 44071$ ( Bullish Flag Pattern's Target + Cluster of Fibs + point D of Bearish Deep Crab🦞 ) == Medium Resistance Resistance zone : 46186$ until 45320$ ( Resistance + Cluster of Fibs + Yearly Resistance 2 + Reverse Head and Shoulder's Target )/ == Heavy Resistance My Suggestion : First Altseason has ended ( i am talking about now), so better, we try on Bitcoin For buying or open Long positions/ If you find triggers for buying bitcoin, please do not buy your fund just in one step , enter in your trade with 2 or 3 steps // if you want to find triggers for Short positions, you can concentrate on TRZ and Resistance zones , especially on a green Rectangle .// Also, you can watch my Hypothetical ways , I will try to update. Again sorry for the busy chart, if you have questions, please write them below this post. (If you like my explanation, please like ✅ my post. Do not forget to put Stop loss for your positions (For every position you want to open). Please follow your strategy , this is just my idea, and I will be glad to see your ideas in this post. Please do not forget the 'like' button 🙏😊 & Share it with your friends, Thanks, and Trade safe. Good luck
by pejman_zwin
2
BTCUSD - Monthly Outlook Due to the scale of the pullback from the all time 3 month high above 64000 on the monthly chart and price seemingly to have completed the first part of an abc correction by the end of the month of May, hitting a low of 29960 it would appear that we would be due for a pullback and then a possible resumption to the downside for a 5 wave corrective pattern leading to a much larger abc correction. Based on this analysis I have presented here some possible Fibonacci price targets for a 5 wave ABC correction over the next few months. This 5 wave projection would have the price of Bitcoin head up to about 48000 to complete an Elliott Wave D before retreating again south, to touchdown in the region of the 21800 to 19400 area for an ending corrective Elliot Wave E which would complete the much larger abc correction. Overall current Monthly Bias would be Bearish.
CAPITALCOM:BTCUSDShort
by AsproTrader