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Shortposition

#NZDUSD look for a bearish movementFor #NZDUSD my daily view is same as #AUDUSD and the wave B has been completed (it is approved by pattern, time and price) and the bearish move has been started. We will have this movement @least for 10 days in order to complete wave C. The most probable target is 0.678. But keep in mind that 0.697 is also a very strong support. So, if you are in sell position, keep your SL at 0.72897. There may be other entry point, which I will update, if I have enough time. #nzdusd #trading #forextrading #elliottwave #elliott #tradingview #elliottforecast #elliott_wave
Short
by Elliott_wave_counter
XAUUSD PRE-MARKET ANALYSIS 12 APRIL, 2021OVERALL TREND DIRECTION- BEARISH ON THE DAILY TF. Corrective and ranging on the 4H TF. We can see that price has made a double top pattern and may potenially look to make lower lows to respect the overall move to the downside. The 2 potential short scenarios this week are as follows. Scenario 1 will follow a break and retest of that support level to the downside. Scenario 2 will follow a bounce off that key structure level and a rejection off of the most recent high to the downside, where we can look for short opportunities to continue the bear momentum.
OANDA:XAUUSDShort
by Trader_366_FX