EUR/AUD is trying to make the butterfly pattern on the 15m timeframe. And the trend seems positive here. On this chart, it has started to rise by following the support from 21st January 2021. Right now, it's trying to reach the hurdle( 1.5812 ). It has to cross the hurdle and reach 1.5825 level, to complete the butterfly pattern. So the targets are as following ...
Here's the 4H chart of the USD/CHF. Right now, it's moving sideways under the hurdle ( 0.8918 ). If the trend moves upside and crosses the dynamic resistance and hurdle trendline, then the hurdle will react as the support. And targets for the uptrend will be the following 0.8960 - 0.9000 . But if it falls and breaks the key level, then the target will be 0.8796...
Right now, BTC/USD is falling by breaking the support trendline. I have applied the DMI, and according to this, it's falling. The ADX is less than 25, and -DI is above +DI, which indicates the downtrend. RSI also indicates a fall. The target for the fall will be as following 3224 - 3145 - 3050 . But if it starts to rise by crossing the support trendline, then...
NZD/USD has made the bearish Elliott wave on the hourly time frame. The formation of the Elliott wave is complete. Here we can see 5+3=8 wave Theory so cleanly. 1 to 5 waves and then ABC correction. It's a bearish Elliott wave pattern, and after the C, now the tren will fall up to 0.7120 - 0.7110 - 0.7085 . But what if it starts to rise? If the trend starts to...
Here's the 15m chart of the EUR/AUD. Currently, It's falling. And trying to hit the hurdle ( 1.5674 ). If the consecutive candles break 1.5674 , then there will be a fall. The targets for the fall will be 1.5670 - 1.5650 . But there is a high possibility of a reversal in the trend. The trend may take a reversal from between 1.5684 - 1.5670 . If it takes a...
The GBP/USD made the Elliott wave on a daily chart. And ABC correction is remaining. The trend will cross 1.3470 - 1.3320 - 1.3420 - 1.3195 to make the A of the ABC correction. Then it will rise for a short period to make B and fall again to make C.
Here's the 15m chart of the XAUUSD. It started to make a descending triangle. For that, it has to complete the five-wave cycle. Now it's making the 5th wave.The trend will fall up to the following targets 1863.510 - 1860.160 - 1857.625 . The XAU/USD will fall up to 1852.300 - 1850.205 after the completion of the fifth wave But if the trend started to move...
GOLD HAS HAD A GOOD RISE TODAY THE RESISTANCE LEVEL WAS BROKEN AND HAS CONTINUED THE RISE AS SHOWN FROM LEVEL 130.934 TO 135.098 THERE HAS BEEN A PULL BACK THEN RISE PULL BACK THE N RISE BOTH TOUCHING THE SUPPORT LINE SHOWN ON UPTREND THE THIRD PULLBACK DIDNT TOUCH WHICH I THINK MEANS THIS WILL BREAK OUT AND CONTINUE A NEW RISE WAITING TO CATCH ON A PULL BACK...
ETH is approaching the corner of a triangle pattern. Waiting for Bullish evidence to enter long. tIf the bears kick in we hold.