Cryptocurrency trading is a dynamic world where market sentiment can shift rapidly, and even experienced traders can find themselves reassessing their positions. Recently, I had an interesting experience that highlights the importance of staying open minded and continuously refining one's technical analysis skills. In this story, I encountered a fellow trader's...
Dear Colleagues, I think that the price is completing wave 1 of the higher order. I expect a deep correction of wave 2. The first target is the support area at 148.265. Manage your capital correctly and competently! Only enter trades based on reliable patterns!
Dear Colleagues, at the moment price is in impulse wave 3. This wave can be the longest, so now I recommend to work only with short positions reaching the nearest support levels. At the moment the nearest support area is 1903. A small correction to the area of 50% Fibonacci level 1919 is possible. Manage your capital correctly and competently! Only enter trades...
Uh oh, the first target is about to be destroyed soon. The next targets are 36k and 45k, which will be tracked using our real-time wave counting tool, allowing us to quickly assess market conditions.
STXUSDT could be flying to complete the Elliot wave count, so its one to look out for as it has high volatility, i have mapped out the support and resistance levels clearly and its possible stops, lets keep an eye for BTC movement and fundamental news
End goal is 506-510 by as early as April, but more likely May Near term there is a decision point at 434 that will at least be tested for breakout in the coming weeks. If it breaksout expect 450, then pullback to test 434 for support, then finally move to low 500s. Risk is definitely present with the possibility of filling gap down to 404.97; however, assume ...
Hello, EURUSD's right side of the market is down. At this moment, it is inside a corrective cycle from Sep-22. This correction has an abc structure, and we expect it to reach the green zone before turning down and continuing the USD strength cycle. Therefore we can sell EURUSD once the price reaches the IZ (green area) having as a target, at least, the 0.9555...
-As we can see from recovery from today's low nifty bounced & made high of 17667 & then came profit booking. -from this point market looks bullish & looks like market is most likely going for the 3rd wave -one can buy above 17666 & target should be 17816 around level after that it may get extended or it may not. -If nifty breaks today's low then this whole theory...
This is the Minor wave 4 of extended Intermediate wave 3 (particularly the C wave) Expecting target 1 0.811 target 2 0.825
Wave A of ABC corrective wave is now forming in the shape of ABCDE Triangle and it will end around 21900, before it starts to raise back again to 23700 forming B wave, and then it will sink down with wave C to 21000
If there is one thing I love about APE it is the way it respond to Elliot Wave analysis. Wave 1 ending at $17.298, wave 2 respected the Fibonacci retracement level of 0.786% at $9.505 then consolidated forming the a,b,c,d,e corrective Elliot wave 2. After breakout we see the 1.00% Fibonacci Extension perfectly at $19.580. (now this is where the trap occurs most...
IRPC |Thailand SET Index | Energy Sector | Price Action Trading Price Action | Bullish Breakout Chart Pattern | Reversal Wedge Indicator: > MFI - Money Flow-in support > RSI Bullish Signal > MACD golden cross - crossing up 0 Fundamental Factor: Oil price bullish trend Risk Ratio: 3:1 minimum Always respect your stop-loss Good Luck
Well let's see, not able to understand the market for this week , will update you the potencial move soon !! may be final leg towards the downside then pump to the moon , let's see
I have been thinking about this idea for a while. There are lots of people that think that technical analysis doesn't work or it is "astrology for men" on one end of the spectrum to the other end where people say "if you show me the charts I can tell you the news." This is one of those moments in time where it seems to be closer to "if you show me the charts I...
Looks like we will break soon to the upside , buy mode on in NZD / CHF
NEW TP2 POSITION - WAVE 5. Take profit Position - Target Price 1 - reached 12.0 after breaking out resistance 1.618 (10.65) and sustained above the level while overall THAILAND SET index declined lower than 1600 on Oct 1st. > Current price broke lower EMA20 - take profit position. > Overall BANKER FUND FLOW decreasing. > RSI near oversold position. > Possible 2nd...