Deepak Nitrite on the monthly charts seems to have completed the price and time wise correction. It seems likely that it will shift gears from being sideways to directional.
GJ has shown consistent weakness at this level. A promising sell initiative through the Asian open points to a push lower. I’m expecting a retest of 163.746 into a push lower to test local demand at 161.700. This trade is contingent on yesterdays intraday trend being broken.
Hey everyone. As we all can see the clean descending channel followed by a reversal pattern which might possibly make the next bullish implusive move to the up side🚀. I am Waiting 💆🏾♂️ for a double bottom or a lower time frame reversal pattern to take some possible entries💯. Thanks for reading GOOD LUCK AND AS ALWAYS, TRADE SAFE AND STAY SAFE!🤝🏾 PEACE 🔥
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Litecoin (LTC) Buy Zone -------------------- BIAS Mid-Term : Neutral Long-Term : Bullish If we see the expected reaction from our current long term support level for this, orders laddered for what could very much be our first impulse wave after reaching a mid term bottom. High risk setup. -------------------- $LTC/USDT SPOT SETUP Entry Price : 155.5 -...
Hello everyone, as we all know the market action discounts everything :) _________________________________Make sure to Like and Follow if you like the idea_________________________________ The USDJPY pair started this session with a Bullish move driving the price back to 110.08 from 109.74, The Bulls now are eyeing every move of the market waiting for the...
USDJPY - Breakout- Long - H1 BUY Breakout @ 107.80 ■■■■■■■■■■■■■■■■■■■■■■■■■■■■■■■■■■■■ Entry: 107.80 | Stoploss: 107.50 | Takeprofit1: 108.35 | ■■■■■■■■■■■■■■■■■■■■■■■■■■■■■■■■■■■■ ■■■■■■■■■■■■■■■■■■■■■■■■■■■■■■■■■■■■ If you like this idea please click the like button to support this channel, thanks. ■■■■■■■■■■■■■■■■■■■■■■■■■■■■■■■■■■■■■ Disclaimer: All...
High chance of correction followed by the continuation of an impulse to the weekly trendline "Comment", "Like" and "Follow" are appreciated! Have a great week everyone!
EURAUD Looks like a really good set up heading into next week. Price has been forming a reversal pattern and has successfully created an impulsive move to the upside. Before we enter we need price to pull back aka bull flag before we go long. Definitely keeping a close eye on this pair. This is not financial advice. I am not a financial advisor. This is for...
preferred count in blue & red, alternative count in grey
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Attempted this trade earlier in the week but the correction wasn't complete. Given this time the lowest low has strong bull candles (visible on a lower TF) it's ripe to go long to catch some impulsive pips
Looks like a double zigzag (W)-(X)-(Y) correction could be a possible resolution for Nikkie 225
Very simple market structure here. The daily time frame shows the market in a bearish trend. With an impluse, a correction to the upside then continuation to the downside. There has been 3 days of multiple rejections in the descending channel and has now created a bearish shooting star, suggesting a strong move towards the downside. Watch the comments as I will...
On the weekly side of things, we are currently at a extended corrective phase, forming a descending channel. Short term will look for short opportunities to the bottom of the channel, then look for potential buy signals at the bottom of the channel. Keeping things simple as always. Do like the idea if you enjoy what you're seeing. Cheers.
It simply looks like a 3-waves correction (green a-b-c) after the initial impulsive rally (red wave 1 or a) . The short -term bullish target could be re-test the red wave a high at 0.73818, the stop could be 1 pip below the previous low at 0.72025. If we are lucky, this could be a wave 3 rally instead of c.
we have seen price break the TL. we are now looking for a trend continuation pattern to confirm the move to the upside