Get started

Short-term

Why we shouldnt go too Long!!!Starting from the left hand side, it could be observed that there is an impulse movement with a 3rd wave extension which has the 5th wave truncated. A ((A)(B)(C)) correction was instantly noticed, this lead to formation of a Bearish Barrier: The upper line (resistance zone) was constant while the lower line (support zone) kept ascending giving life to a barrier (ABCDE). we buy and target the 124.970 zone, we exit and enter for a sell order as soon as we hit the 124.380 while we target the 123.850 zone. we wait for confirmation before we go short. we target the SELL 122.734, 122.196, 121.430, 120.455... kindly like , follow, encourage us and comments if you find this useful.
Long
by Bishoptimmy
Biggest Short Correction in Years (BE CAREFUL)We are very close to experiencing the biggest correction in years in the main US indexes. We can observe a clear divergence between the index dollar and the S&P500, when it should be a mirror. Something says something smells bad. We must bear in mind that the SP500 is at a significant top and that it is highly unlikely to break it due to the current social, economic and political situation. Also, all growth has been financed by the FED so there is a clear disconnect from reality and current affairs. Analyzing this scenario, we are seeing a potential strong long-term pullback, probably in a few months. - I would like you to comment on your ideas and opinions, that enriches us.
CME_MINI:ES1!Short
by MarfilCapital
1
BNB Short-term 11 Day Price ExtrapolationHere we have a very simple, short term quasi-analysis of BNB looking 11 days forward. Nothing special, except that I consider that price spike an anomaly and wasn't taken into consideration in the building of the steps, duration and percentage increases. The movement upwards of the asset is conservative at a 30 % + angle and not parabolic, so hopefully nothing extreme is anticipated such as an unanticipated price drop. I have heard some noise about resistance levels, so you may care to take that into consideration, but all I can see at this point is a gradual move upward. Now our friends at Binance are always launching something new and exciting at their exchange which may effect this asset, in fact I believe they launched something today ? I believe I did a similar chart for OMG last week, that is working out well. As always, your comments, criticisms and corrections are welcome. Ward Weaire Toronto, Canada
Long
by WMWToronto
2
USDJPY - 4H Short TermWish I had posted this sooner, the wick on 6th Oct at 18:00 gave a perfect sign for a break and retest of the bearish trendline found on the Daily. This has been broken and retested, this move may be dragged out as it is a Monday and Bank Holiday for USD/CAD so there will not be much volume. The above resistance has been rejected once after the break of the trendline though I would hope that the recent retest early this morning can confirm that we should see a move up to prior retracement levels. I will await NY open for any sort of intraday long opportunities. Will watch DXY along with this pair as any bullishness for the $ should aid this bias or copy the PA
by jakedubbz
Gold 12H - End of October OutlookFollowing my previous gold chart I would hope for a retest of $1950 before a dump until after the election, after a propped up economy ($) helps re-elect DJT. We have a nice Elliot wave in play with a break of support now turned resistance and with a fib retracement from the last LH to the last LL / Waves 2 - 3. After the world has clarity after November, I think that is when we will see the true value of Gold, cryptos etc. Check how these zones hold up and the cross point on 12th October, IMF is also revaluing their SDR between 12th - 18th of this month. Hope to see this unfold and a drop in Gold for a great chance to buy before a major surge which is well overdue. This also aligns with Silver's chart which I will post soon, a very clear retracement is due aiding a bearish bias for the short term.
OANDA:XAUUSD
by jakedubbz
BELEBTC's Idea - long & short analyseHi Friends\ this W pattern could be happen for your long trades and also I showed resistances & supports lines for your short trades. so the first strong step or Resistance line for our W pattern could be 0.00015104 and your strong Support line is 0.00012849 . so you can do long trade by W pattern but you have to get confirmation candles above 0.00014528 to be sure this is the right W pattern and also you can do short trades by these supports and resistances. have a good trade
Long
by susanavali
2