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EURUSD, Long possiblity that may last for weeks.Hello ladies and lads, there is a good opportunity in EURUSD. I have described the situation briefly in the following lines: 1- Pattern: 5 wave pattern (motive) of C of Bigger ABC. 2- Fib zone: 1st wave projection from end point of 4th: 3.00 3rd wave projection from end point of 4th: 0.382 4th wave extension: 1.272 3- Indicators: MACD : showing a Divergence that occurs mostly at the end of a motive wave. DT Oscillator: I have used 8.5.3.3. as the configuration for DT in EURUSD's chart. both Daily and Weekly charts are in oversold position and their signal line has been crossed upward. 4- Trade Trigger: 2-5 pips above 1.18842 5- Invalidation and stop loss: 2-5 pips lower than 1.18060 6- Take Profit: First tp can be 1.19753, but the potential is much more if conditions are met. I will update this part later. This is it. I would be glad if I could hear your thoughts on this. You can ask me any question you have! Thanks for your time, hasta la vista!
Long
by HunkIsHere
Alert: Cardano could to form WXY Elliot double combo waveI'm still bullish. So today, Cardano it's up so good that it's mean that Cardano make support above of $1.02 USD key support important and psycological. Many people it's say me that Cardano it's goes to drop, and that not pass has they believe in it. For that, we see that Cardano it's trying to go down to $1.02 USD and included it's touch the $1 dollar exactly, but the price it's go back to up and that was a rejection + manipulation. For that, I don't quit of this long position and I keep in this trade toward the $2 dollar. I entry around of $1.1350 USD in my latest position and my currently position I put another 1,000 Cardano coins contract to long position in my trading. Ok, to enfocous more, in this timeframe H12 hourly, we see that Cardano want to form a bullish pattern knowing WXY Elliot Double Combo Wave, but based in this theory, we would need to know if there's a repeat pattern that we would need to watch, for example, in the first impulse from $0.64 cents to $1.50 USD approximately, it's form an ABCDE Elliot Wave impulse pattern. Now, looking in the chart, the second impulse was a drop from $1.50 USD to $1 dollar approximately, that theory it's so extremely similar that Cardano it's prepared for the next bullish movement. And finally, the third impulse it's my possible prediction that Cardano it's leading to a next impulse toward the $2 dollar very soon. This it's another forecast in Daily and we see so clearly that Cardano up today, but if we see today how the Daily candlestick closed up today, and if the price action it's show us that Cardano it's extremely bullish in Daily timeframe, we are going to know this information to decodify the action of the trend. I like this chart if I make the zoom out in Daily timeframe. using the elliot wave analysis, we could to entry right now in the impulse $5 to complete this cycle toward the $3 dollar in medium term. Now, as we are in the correction that we form the the correction #4 of this elliot wave cycle. And finally, the 3 Daily chart, it's extremely bullish, guys, the option to long Cardano contracts it's very exceptional to get profits in this cryptocurrency so famous into of the crytpocurrency Cardano will be the best crytpocurrency to invest in 2021 adn we're running in this crytptocurrency that it's going to make a big adoption for the world better. Very soon, I going to talk about of Cardano based in their fundamental analyisis, price prediciton, targets, market cap, dominance, bitcoin and Ethereum ratio and much more. Guys, if you found out that this analysis it's very interesting for you, I invite you to share this analysis with others traders, investors, amateurs and someone who need to help this information to trade Cardano.
BINANCE:ADAUSDLong
by harisonhbn9718
3
BTC Wave E of Contracting Triangle Appears to be Underway Background: Triangles are sideways price action and a contracting triangle can be described as the top line (B to D) is declining and the bottom line (A to C to E) is rising. The corrective structure is labeled as ABCDE. Commentary: Yesterday, we posted that we appeared to be in Wave E of a contracting triangle on the minor degree, which would be invalidated with a close greater than 37,449. Today, we update the chart and consider that the daily candle made today may be the start of Wave E and not the day before. Although our previous invalidation point was not taken out, our new invalidation price would be a close greater than 38,874.71 Strategy Moving Forward: We will look for completion of Wave E and consider the next wave may be a larger move. We will also keep in mind the apex of the triangle for future price movement and look for signals to enter a test of the apex. Wave / Pattern Analysis: We are looking at the recent high of 42,000 USD as the completion of wave 5 on the minor degree and possibly wave 3 of the intermediate degree. We appear to be Wave E in a contracting triangle on the minor degree. Weekly Momentum: Weekly signal is still bearish Daily Momentum: Daily Momentum is still bearish Trade Signal: No daily signal was generated today. Summary: While we look for BTC to consolidate and go lower in the short term, we are not yet in a position to enter a trade.
BITSTAMP:BTCUSD
by tricor2000
2
GOLD (XAUUSD) - The giant correction ABCDE - daily outlook.After months of closely observation of these big corrective moves on Gold, we can assume that we are almost in the ending of the complex structure. Looking at the whole structure in its internal movements, its looks like a giant ABCDE (3-3-3-3-3 corrective waves structure) in wich we are in the last one (the "E"). This chart will be use as monitoring the last decisive moves. You can see my other 2 ideas (linked to this) in wich I'm counting every internal move with Elliott Waves.
FX:XAUUSD
by fra978
9