EURJPY ABC BEARISH PATTERN EURJPY has formed an ABC symmetry bearish pattern on its hourly chart.
The price is trading the short entry level EL: 157.586
ST: 157.898.
Targets
62% AD: 157.057
79% AD: 156.837
Abcpattern
EURNZD ABC BULLISH PATTERN EURNZD has formed an ABC bullish pattern on its hourly chart and price is trading the long entry level EL: 1.72543.
Wall 38% AB: 1.75803
Zone 1 Targets:
62% AB: 1.77732
79% AB: 1.79089
EURAUD ABC SYMMETRY BEARISH EURAUD is trading in symmetry ABC bearish with an 88.6% retracement below the short entry level EL: 1.64541.
ST: 1.65272
Target zone 1
62% AB: 1.63383
79% AB: 1.62861
100% AB: 1.62211
NIFTY 19690ABC ZIGZAG correction is due on this week,
A=C-19690
future bullishness may be possible if this level breached by next week
GBPUSD ABC BULLISH PATTERN GBPUSD has formed an ABC bullish pattern on its hourly chart.
The price is trading the long entry level EL: 1.24236
Targets:
62% AB: 1.25140
79% AB: 1.25539
127% AB: 1.26685
162% AB: 1.27484
AUDUSD ABC BULLISH PATTERN AUDUSD has formed on its minute chart an ABC Bullish Pattern trading above the long entry level 0.66229
ST: 0.66025
Targets:
127% AB: 0.66568
162% AB: 0.66724
NG ABC BULLISH PATTERN NG has formed an ABC Bullish Pattern on its daily chart and the price is trading above near the long entry-level EL: 2.289
ST: 2.031
Target1:
62% AB: 2.692
79% AB: 2.871
Target2:
127% AB: 3.384
162% AB: 3.747
Target3:
272% AB: 3.747
262% AB: 3.747
BTCUSDT Wave B seems to be accomplishedBTCUSDT just made a peak accomplishing the wave B, likely starting a impulse wave inner the next wave C downward. On Chaikin Money Flow we can see a hidden bearish divergence on this daily chart. Overbought condition on ESCGO_LB suggesting that a bearish leg is coming to close the week. I'm expecting a drop to the 20k demand zone region to finish this minor A-B-C zigzag correction phase.
EURGBP ABC BEARISH PATTERN EURGBP has formed a symmetry abc bearish pattern on its hourly chart.
the price is trading the short EL: 0.85957.
Target:
62% AB: 0.85544
79% AB: 0.85384
100% AB: 0.85191
EURJPY SYMMETRY TRADING ABC BULLISH PATTERN EURJPY has formed a symmetry bullish pattern retracing at its 50% AB non its hourly chart.
the price is trading above the long entry level EL: 149.126.
ST: 148.605
Targets:
38% AB: 150.482
62% AB: 151.636
79% AB: 152.487
USDJPY ABC BULLISH USDJPY has formed an ABC Billis Pattern on its hourly chart and the price is trading above near the EL: 134.630.
ST: 133.432
WALL 38% AB: 135.315
Targets:
62% AB: 136.440
79% AB: 137.243
EURAUD ABC BULLISH PATTERN EURAUD has formed an ABC bullish pattern on its hourly chart.
The price is trading above the long entry level EL: 1.59289.
ST: 1.59136.
Targets:
127% AB: 1.60045
162% AB: 1.60302
USDJPY ABC BULLISH PATTERN USDJPY has formed on its hourly chart a Symmetry bullish /ABC pattern trading above the long entry level EL: 139.257.
targets
62% AB: 140.592
79% AB: 141.176
100% AB: 141.932
INJUSDTElliott wave trade setup for injusdt. It may do either ABC correction or Impulsive move. In any case prices needs to increase. Possible targets are shown on the chart with fib lines.
Not a financial advise.
Potential Elliott Wave Pattern UnfoldingGreetings traders,
I wanted to share a great example of an Elliott Wave pattern that appears to be playing out on the chart, suggesting a potential trading opportunity.
Elliott Wave Analysis:
The chart reveals a potential 1, 2, 3, 4, 5, A, B, C pattern, which follows the classic Elliott Wave structure. Here's a breakdown of the pattern's key levels:
1. Wave 1: Starting at $27,275, this marks the initial upward wave, signifying the beginning of a potential bullish move.
2. Wave 2: The subsequent pullback from $27,275 led to Location 2 at $27,215, representing a corrective wave.
3. Wave 3: From Location 2, the market continued its upward momentum, surpassing the previous high and reaching Location 3 at $27,300. This wave tends to be the strongest and longest in an impulsive move.
4. Wave 4: After the extended bullish run, a corrective wave followed, retracing to Location 4 at $27,225.
5. Wave 5: The market resumed its upward trajectory, surpassing the previous high and reaching Location 5 at $27,375. This wave often signifies the final push of a bullish move.
6. Wave A: Following the completion of Wave 5, a corrective decline occurred, bringing the price down to Location A at $27,080.
7. Wave B: From Location A, the market staged a rebound, retracing some of the previous decline and reaching Location B at $27,140.
8. Wave C: The pattern suggests that the market is currently heading towards Location C, which aligns with a support level at $26,810. This wave represents the final leg of the corrective pattern. This is a strong level of support but could possibly be broken due to a lack of trading volume during the weekend.
Stay vigilant and monitor the price action closely to see if the pattern continues to unfold as anticipated. Remember to manage your risk effectively and set appropriate stop-loss orders.
USDCHF ABC BULLISH PATTERN USDCHF has formed an ABC Bullish Pattern on its Daily chart and price is trading above the long entry level EL: 0.89092.
ST: 0.88173
Targets:
23: AB: 0.91606
38: AB: 0.93580
62% AB: 0.96788
Great Location Doge#Great position with good risk to reward
After breaking the long-term trend line, the price has had a good rally (A) and a slow correction has taken place in the form of wave (B) and I expect wave C to complete.
enjoy
GBPCAD SYMMETRY TRADING ABC BULLISH PATTERN GBPCAD has formed a symmetry abc bullish pattern with retracement at the 707% fibonacci ratios.
The price is trading above the long entry level with target zones at:
38% AB: 1.69670
62% AB: 1.71105
79% AB: 1.72136
EURCAD SYMMETRY TRADING ABC BULLISH PATTERN EURCAD has formed an abc bullish pattern on its daily chart and the price is trading below near the long entry level EL: 1.46301.
ST: 1.45099
Wall: 38% AB: 1.48443
Targets:
62% AB: 1.50480
79% AB: 1.51935
EURGBP ABC BULLISH PATTERNEURGBP has formed an ABC bullish pattern on its daily chart and the price is trading above near the EL: 0.87220.
ST: 0.86535
Wall 38% AB: 0.88266
Target:
61% AB: 0.89288
79% AB: 0.90018
EURGBP ABC BULLISH PATTERN EURGBP has formed an abc bullish pattern on its hourly chart.
The price is trading above near the long entry level EL: 0.86953.
EL: 0.86953
Targets:
62% AB: 0.87228
79% AB: 0.87349
127% AB: 0.87706
162% AB: 0.87706
ABC correction and possible rise of BTCAfter the good growth of BTC and the correction of ABC, the divergence between A and C, I expect Bitcoin to continue to grow.
If the price moves slowly until June 9, this scenario will be invalidated.
