Update of my earlier LT forecast, aiming at 100k. Two options here - watch lower in the updates. Bonus - the third one not everyone will like )))
A nice base, a clear level. Wait until the 3 moving averages unfold north, MA20 (green) > MA50 (red) > MA200 (blue). First pullback to ma20 after or close to a breakout (with a flag) should be a nice entry. Trade safe.
Price is breaking out, after a nice flag. 0,711 not far above, the nearest evident resistance. Will definitely test and break higher. Trade safe
Last corrective pattern is assumed to be a running flat, with the ending diagonal on wave C. Current price level is a nice opportunity to short, given its R/R potential. trade safe.
If price breaks above, there is a clear level to reach, equals x2 of the prior correction's size. It is consolidating above the key level, interesting to watch what's next. Clear exit. Trade safe.
You may find the info about Flare Network in Internet. Yesterday airdropped 15% (although, with a 2-years delay), to eligible addresses based on the XRP snapshot in Dec 2020. Initially the project aimed at smart contracts for XRP, over this time functionality has been substantially expanded beyond the initial idea. Price is at the bottom. Every drop is an...
Would be a nice entry if price completed a running flat, for example, like depicted on the chart. Lower is the obvious strong mirror level, that is likely to be tested soon. But going down from current levels would be to straightforward)). Pullback would provide for a better R/R sell entry. Trade safe
Despite the rally, it can be easily marked as an ABC or a WXY. Time to dump and complete the weekly/ daily ending diagonal Trade safe
I am counting an impulsive advance, assuming wave (iii) is over. Expecting a pullback in the wave (iv) - towards 38.2% against wave (iii). Mind also, that the wave iv, as a rule, provides support as well. This is a counter trend entry, but I find it more or less safe. Mind your risks.
I assume a full 5-waves impulsive advance complete. Bought 0,01, to test the upper range of Bollinger Bands. Overall, expect a reasonable correction. Trade safe!
H1 reversal that I don’t like, but still, we have an impulse up. I am scaling in, stop below the impulse. Trade aafe
Another bull trap. Tomorrow is an interesting trading day. Trade safe
As well as for EURUSD - we may count the fifth wave up developing. At the moment price has completed the first wave within this terminal move. Trade safe
Trying to count waves in the impulsive advance. Seems like we will get higher and soon reverse into a reasonable correction. The same is for GBPUSD Trade safe
I expect a measured move down, in a conservative scenario. After a nice impulsive move down at the end of 2022, price entered a corrective trajectory. This correction may be already completed, as an ABC, with B as a triangle. Trade safe
I will start this thread with the diagonal structure identified on H4 time frame. This diagonal may be a leading diagonal - implying that next immediate move after a proper correction will be to the downside, OR an ending diagonal - usually, as the wave C in a large flat. I will illustrate both options here. Given the DXY structure I am favouring the next move...
Some 400 pips to test the daily MA200. Mind also the level - extreme of a diagonal. Odds are to the downside, I guess. PS. RSI 30 is also a magnet
Tesla looks awful on weekly. Head and shoulders pattern has almost delivered its target, some -$ still possible. I expect a pullback to RSI50 and then the next move down. No buys until at least a clear simple divergence. Trade safe