USD/CAD - Price may enter a correction soon. Waiting for confirmation to see if Wave 5 actually ended or if it will extend more. If the price starts to retrace more, then it can touch the areas marked on the chart, otherwise, it can still continue on the upside for a short while. The Content is for informational purposes only. You should not construe any such...
US30 Short Trade and Safe close Is discussed in this image. this is just an idea you can also make your own analysis.
The basic trend is uptrend but in 2 ways it will be firstly downward then upward and in 1 way shows reaction to the oriented trendline then goesup.the level lines are spotted at the chart.
BTC elliot wave structure if we go up i see this as my worst case scenario lol
Seems like Elliott wave theory is playing out very well, seeing a bounce at ~1,80$ (Fib level 0.61). Prepare for long positions then.
Hey Guys, as always: Everything relevant is attached on my Chart. I expect some bearish downside pressure by beginning of the Week, followed by a strong move up.
Gold had already found support on the hidden trend line drawn from one of the tops, that helped me forecast a strong move down. In last 5-6 trading days Gold has been moving sideways. To see if the sideways price action is accumulation or distribution; I analyzed 15 minute chart using Elliott wave analysis and saw a flat correction, in which wave (c) is and...
Fib retracement and extension levels for $MU. Just finished long downtrend and looking to continue wave 3. Labeled entry and exit points accordingly.
USDCAD is into bearish movements and now it's retesting the resistance zone that was once acting like a support. Moreover, this one is preparing for its fifth and final wave so a short position might be entered here. Trade Safe If you like the idea, support us with a like and follow. MacroForex
We have had an impulsive move to the upside. Thus we need to wait for a correction back into a key level. Need to see 4hr rejections come from this level then I will be taking a long trade. SL at the invalidation level which is below the recent swing low. Target retesting the high and some continuation. Solid RR on this trade.
I don't trade bitcoin but I imagine this is a commodity that is technical in nature. Bitcoin should see a retracement into wave 4.
Hello friends, usdcad bearish idea on 30 min time frame PRICE: 1.2720 SL: 1.2745 TP: 1.2679
Hello friend, USDJPY long idea to complete its wave structure on 30 min timeframe. PRICE: 103.75 SL: 103.65 TP: 104.00
I am looking for continuation of recent strong bearish movement on 1H, after the conclusion of the current struggle between bears and bulls.
I believe we are in a bullish cycle, Intraday, butnear the top. The chart is the Renko Overlay, which I modify using heankin ashi candles It's Mortdiggiddy's Renko Overlay with heinkn Ashi candles which show trend. For Ellitition's we are in wave E in an ABCDE which if it continues could run a little longer before reversing. When we thi the high tommorow...
As you can see in the picture, there is a high probability that the price will be up to 0.013149, and then the price may decrease to 0.011786, or it may collide with the supercomo, and then move up the ladder to the target of 0.015232. Signal by Yazdani
Hypothetical scenario: (1) Entry @ 1.09240 (Buy Limit) (2) Stop Loss @ 1.08990 (25 pips) (3) Target @ 1.09940 (70 pips) (4) R:R = 2.80 Stay tuned for the updates. Follow and leave a like if you liked this idea and want to see more! *DISCLAIMER* This post is solely for educational purposes and does not constitute any form of investment / trading advice.