This is the 4th hammer today. Trends in tact and not changing. Buyers are really stepping in. breaking the ascending triangle then using the trend lines as support. Middle Kelt nice bounce creating the 4th hammer with huge volume. Inside candle next 30mins should be green and retest ATH and break $160! Dips are being bought heavy. LTC looks like sellers are...
TA Elliot Wave on SPX a pull back might in progress. however in a longer run, spx will breakup to brand new high.
People count waves in different way. I have counted five waves (the impulse wave) and I am expecting a sell setup
Here is a combination of 2 setups for this pair. On a larger frame we have an Elliot wave, with a bearish crab approaching resistance. The Elliot wave has completed its impulse and has began correction. Price has pushed to the 0.618 retracement level of the first correction wave- which is also within the vicinity of a bearish crab. If this trade comes in, I will...
Hey Guys, Hope everybody is going fine. We have here a short daily outlook of the Asian index. We are expecting Nikkei to drop to around 18368.02. From there we will expect higher Nikkei to eventually break above all time high and higher. As we are expecting U.S. equities to drop at least one leg lower. We wouldn't like buying nikkei as of for right now. Asian...
Technically: 5 waves completed on EURAUD chart and AUDUSD is also expected to correct or reverse. So it should fall Fundamentally: Macron will not be able to push the price EUR higher. Because there is no still evidence to believe it yet
Hi guys, Technically: It seems the correction will be three waves that two waves completed and the third wave is not completed yet. Fundamentally: Canada fundamentals are weaker than USA and Oil price is not also expected to rise so much that can improves Canada's economy. Your likes and comments are appreciated Thanks
Hi guys, Keep an eye on this one for a short. Looks like it will break down to previous support and then it could bounce. Regards, Tom_Killick
Hi traders, GBPAUD looks like a buy. Watch this one for a buy setup using your tested trading strategy. Best regards, Tom_Killick
It seems that 3 corrective wave in 15m chart is finished and I am looking to sell and will close it as I notice that downward is finished