Hey guys , i was counting this move downwards as fifth but it just looks too small , im bearish today for FOMC event on EURUSD , lets see how it plays out!
Cheers!
Hello my Crypto friends!
Today I'll take a look on BITFINEX:ETHUSD , but at 1h timeframe. As you can see ETH is still in downtrend. I think BITFINEX:ETHUSD will make correction like previous one (in ellipse). When ETH completes this correction, it will definitely break low again. I won't take any sell setup, because sell is short term trade and I'm only...
1) buy first part of position by <68$ - about 40% of plan
2) additional buy by <64.5$ - about 40% of plan
3) additional buy by <60.5$ - 10% of plan
3) the rest part can be bought by <54.5$ - 10% of plan
I'm confident about the first two aims of price since it is the required Fib correction levels of all growth starting with 46.5$. The target aim for new...
Hey Everyone,
EURAUD is Overbought on H4 Chart as well as Harmonic Pattern - BEARISH BUTTERFLY is Identified
use optimal Risk management,
use these preferences to Short EURAUD,
SELL NOW or 1.59340
STOP LOSS - 1.59624
TARGET - 1.57255
More updates will be posted under this thread,
have any doubts? then, let us know in the comment section below
and make sure to...
Bitcoin has broken lateral resistance in 1H frame with a big bullish candle. We could see, after a corrective structure that confirms the breakout, a bullish scenario till 7.500-8.000$ on the next weeks.
hey guys , i was reviewing my count on gold lately since the failed triangle idea i posted earlier , i was expecting a bullish impulse C wave but it didnt look right.
After some time i found out what's going on , we got a consolidation Wave B in triangle Formation on Intermediate Degree , with one swing left inside.
I expect a bullish move to complete the last...
Extreme bullishness prevails. Vix- dropping off to almost nothing.
What looks like a tiny Elliott wave 2 formed Friday AM but quickly dissolved into bullish enthusiasm.
If this is the breakout move gathering strength, then the chart shows a possible course. I believe we may have entered minor wave 3 of the V(v) 5th wave already ('third-in-fifth wave').
I lost...
I am showing you this illustration to try and point out the bigger picture. A "B" wave is a 3 wave move. So far UJ has completed a 7 swing wxy for a "B" wave can be on the way up long term for a "C" wave (On both time frames). The only question is, will we get an "X" and a "Z" added to the swing pattern? That would mean we get a triple combo (which is rare) if UJ...
As expected, the price reached to SP1 area twice, also we have three areas SP1, SP2, and SP3. The bottom should be one of these areas. To confirm that, we can see three Wolfe Waves and the bottom could be on one of these areas.
- Two bearish Wolfe Waves, and the remaining targets for these waves are number 5 where these could be in the around the same price.
-...
As explained in the video, EURUSD is extending lower and I am looking for a reversal to target the levels shown by means of the horizontal trend lines. If you like to sell this extension lower wait for flag and target previous lows.
Safe trades!
