It's time to sell EURUSD After forming a new low, EURUSD has now started a pullback.
The best thing to do is to wait for this pullback to end and then look for entries to the downside.
We should watch out for reversal signals around the levels of 0,9976-0,9996.
If price breaks above 1,0090 then this downside move wouldn't be valid anymore.
Correction
Bitcoin Detailed Top-Down Analysis - Day 59Hello TradingView Family / Fellow Traders. This is Richard, as known as theSignalyst.
59 out of 500 days done.
I truly appreciate your continuous support everyone!
Let me know if you like the series, and if you would like me to change or add anything.
Always follow your trading plan regarding entry, risk management, and trade management.
Good Luck!.
All Strategies Are Good; If Managed Properly!
~Rich
DXY start of correction ❌🧨Hello 🐋
Based on the chart, the price is close to the weekly Resistance levels and resistance zone
if
the price doesn't break this Resistance zone to the upside, we will see more correction to the downside ❌🧨
Please, feel free to share your point of view, write it in the comments below, thanks 🐋
US 100 Analysis the impulse wave bearish After the correction is completed, the downtrend will continue
EURUSD before NFP Yesterday this pair broke below 0,9980 confirming the downside move.
Today is the first Friday of the month and we have NFP coming out.
There will be volatility during the news and we could see further confirmation to the downside.
The levels below the parity will act as resistance and we will expect that price should reject them and eventually form a new low.
Once we break below 0,9900 we should see 0,9800 next!
Stops should be above 1,0090 in case of price rejecting the mentioned levels.
It's time for the next drop on EURUSD There was a weak rejection at 1,0050 but we haven't yet seen the move down towards 0,9900.
This is what we expect to see today but mind that price can re-test 1,0050 again.
A move below 0,9980 will confirm the next drop on EURUSD.
There are also better trading opportunities with other USD pairs, however we should see this scenario developing here as well.
NZDCAD NEXT POSSIBLE MOVE🚀Hey everyone. As we all can see the clean descending channel followed by a reversal pattern which might possibly make the next bullish implusive move to the up side🚀. I am Waiting 💆🏾♂️ for a double bottom or a lower time frame reversal pattern to take some possible entries💯.
Thanks for reading
GOOD LUCK AND AS ALWAYS, TRADE SAFE AND STAY SAFE!🤝🏾
PEACE 🔥
The next target on EURUSD - 0,9800On Friday we had a reaction of the sell zone and an impulsive move to the downside.
The next target will be below the previous low- 0,9800.
Everyone who is currently in a short trade can move stops and expect this pair to continue lower.
New entries could be made after a pullback that will give us a better risk to reward ratio.
Don't look to buy!
XAUUSD Elliott Wave Option 1I got 2 option. Pls check on my post for other option.
For option 1 if gold fail to hold support 1735 due to Powell speech last friday, potential price moving down to next support 1727 and 1710.
For option 1 Current wave is correction wave ABC (red color in chart) that wave B not complete yet. Target wave B is not confirm yet and will adjust base on what market give us on the sub 5 wave(yellow color in chart).
EUR-NZD Short From Resistance! Sell!
Hello,Traders!
EUR-NZD made a strong bullish correction
But the pair is in the downtrend overall
And is now relatively overbought
So as the pair is now about to retest
The horizontal resistance level
I think we will see a pullback
And a local bearish correction
Sell!
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Last stand for BTC BullsThere is a lack of a clear impulsive structure to the upside which makes it difficult to clearly say whether or not the price action is bullish or bearish . This is the only real bullish count that would pave the way for new all time highs. If we assume that ~17,500 was the bottom then we are looking at an impulse in minor 1 a complex correction in minor 2 and a three of three extension in wave ((i)) of 3. The price rejected at 24,666 which is the 1.618 of W in the bearish count so in order to consider this current move a wave 3 we would need to see that pivot get cleared. Price below 20,670 will invalidate the bullish impulse since wave (ii) will have retraced >100% of wave (i). It's important to note that the volumes are very low for a wave 3 which casts doubt on the bullish count.