Euro has been in a correction movement the last days. Now seems is looking for a new impulse to 1,14 level. Waiting for a pullback or breakout to open a long position.
EURAUD at perfect level for buys. Should go up to indicated area
Possible 5 wave or ABC structure forming. In case of it being a 5 wave structure, the 3rd wave just got started. This tends to be the longest wave. Strong supports and take profits at confluence of fibonaccis: ≈ 1.2800 which has already been tested ≈ 1.2723 which could start the correction of the possible 3rd wave of the 5 wave structure ≈ 1.2636 which would...
This is on a weekly TF so allow for intraday volatility. Based on structure a short for EURUSD seems in order. Entry at 1.11725 Since a 0.618 level is at near the bottom of the structure, that would be my take profit at 1.08312 Will be looking for a good entry on the daily TF.
The FX:EURUSD is beginning to form a head and shoulder pattern. I will stay alert. Overall I think that FX:EURUSD is going up but a small correction will occur before. It is also a clear C wave if you are wave trading. Target 1.10755
FX:EURUSD could be starting the c-wave very soon. I will be looking for a short entry signal. There is also a nice head and shoulder pattern forming. Which can be used as possible entry point. Long term I think the FX:EURUSD will go up, because of weaking TVC:DXY
I know I said don't label it, this is just for my own insanity :) Thanks!
GBP/USD has just completed an ABC expanding flat, furthermore it has also just once again bounced from the trending. Due to the fact that it could not break it, leads me to think that it is a good time to short. Goodluck traders.
Hello Traders, BTC/USD has seen in the recent time a significant rally since it is trading at the stock exchange. BTC/USD is currently near at the psychological level of 2000. Which is quite impressive. Now, what can we expect? First of all, we wouldnt recommend trading the BTC/USD at its current stages, as it is way too overbought. Our bias is still bullish,...
Last update almost 36hrs ago: We were trading at $130-160 range. - currently $217 ATH - I've update consolidation channels then parallel to show what trend I see. My yearly target is $300. This we might see in under 24hrs. Up next $245 then we consolidate. $300-$320 I see a pullback like we had the other day. -TheTradingNinja