hello traders In today's session, buy EUR/NZD, target supply area Analysis There is a break in the wall of the sellers with an impulse wave and we have a correction, so it is expected that we will get another impulse wave
hello traders We have a break in the wall of sellers with strong momentum for buyers, so we are looking to buy and I will monitor the price behavior with the support area. If a reversal signal occurs, a buy trade will be executed to target the 1190 area
Bearish divergence was formed on several charts, major resistance will be a big obstacle here. For a nice risk reward trade, you could trade this potential retest of bottom of this falling wedge pattern. A possible -40 percent down from here.
Hello traders Bitcoin correctively declines, likely to rise to 21200 before falling
WAVE about to make another wave. Lets go boys! Get READY For MASSIVE ROCKET FLIGHT
I expect gold to move bullish after one more drop taking the liquidity below 1st as marked on the chart. We won't the reason for the drop until it happen. Even the drop is just an optional for gold but as a trader we should see the chances, this can push high without giving the drop. So I'm biased only to long side
Hi friends I think that bitcoin dominance has still another corrective wave to complete bearish movement What do you think? regards Reza
Historic Ethereum Elliot Wave Perspective: There is a valid wave count to suggest that a Primary Wave Cycle has been completed from the inception of the Ethereum asset in October 2015 to the All Time High at ~$5053, whereby 5 primary impulse waves have been completed with evident subwave structure as visualised on chart. This would suggest a change of market...
Triangles are said to be most difficult to forecast. Easier to think 12345 then ABC retrace comes. looks like we are in the B wave (possibly triangle pattern).
hello traders There is a bullish impulse wave that did not close according to the method of closing the waves, we will get a wave equal to it at least, so if the price is able to remain above the support level, a buy trade will be executed to target the supply area
So this is my count from the bottom back to 2010 , zooming in in the current wave and from what I can see now it looks more like a sideways WXY, huge opportunity here to fill your bags. Goodluck
At March 2020 low, wait for break above 136 and confirmation with break of channel 223 target by May 2023
hello traders We note the weakness of the British pound and it is expected to decline against most currencies and we have a good entry point to sell the British pound against the dollar
please refer to my full analysis of audusd i welcome any comment, advise etc...
After explosive gains off of the $18200 level where there is key support, bitcoin rallied into 20k where it ultimately saw some rejection off those highs and has pushed lower in an impulsive fashion which could lead to a new wave structure to the downside; there are a few reasons which can support why BTC saw rejection at this level; there was a key channel which...
WAve analysis demand zone regular flat pattern Market structure trend
The assumption of a large Wolfe Wave shows a potential target of $60K in March 2023. Such a rapid rise has already occurred between October 2020 and February 2021.