I have a good feeling about this trade because there are many confirmations of this trade This is just my opinion and my style
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Drawing the future path of this currency pair The designated PRZ area is where I enter into buy
Drawing the course of the coming days As you can see, we have a PRZ zone ahead, and then the price will reach this range and the price will go up
I SELL within the specified range The risk of this trade is high because we haven't received the confirmation yet, so whatever you want
The chart says it all. I don't know what criteria those who give buy signals are trading, but I am not suggesting to buy here at all. The marked areas are PRZ Fibonacci points
Due to the crowdedness of the chart, only the PRZ area has been marked There is nothing else left Do not read the rest of the text I am writing this so that Trading View does not delete my analysis. I don't know who told them that you must write a long text so that the respected editor approves the analysis.
I deleted the extra lines and specified only the regions, just specify the volume and enter the trade.
At first glance, it seems that a harmonic pattern is forming in wave 4 and the PRZ point is matched with the region. After reaching this range, the analysis will be updated.
The analysis is based on weekly timing. It seems that a harmonic pattern is forming. The PRZ zone marks the end of the big wave C, as well as the top of the ascending channel (although Glenn Neely says( in the book Master Elliott Waves), in the zigzag wave C It should end below or above the channel line.) What is characteristic is that it is currently an upward...
Time will determine whether this analysis is right or wrong, but I hope that in the end our trades in this currency pair will not cause us discomfort The upward trend completed with the breaking of the triangle resistance,( so we are currently speculating), if we enter now with the specified loss limit, also due to the money management, our loss will be...
I will never trade again if the chart does not go according to my analysis
I will never trade again if the chart does not go according to my analysis
I don't understand Those who say SELL. Someone explain why it falls technically and fundamentally
I am a weekly trader and I have been waiting for this position for a long time. The trend change has not been decided yet, but I have entered one step by following the capital management. Be profitable.
I am waiting for the price to reach this area and take a sell position. Currently, the trend is completely upward and any position in the daily time is illogical because of buying.
Buy right now with respect to capital management because wave e of the triangle has ended and we have entered the upward trend of wave c.
You can wait until it leaves the triangle, but I entered. This is my opinion and it may be 100% wrong