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Eliottwavetheory

GBPJPY. Short Possibility (Medium Risk/ High reward)hi dear traders. For today we can watch GBPJPY, as it is about to complete a correction, which seems to be an ABC. price has reached to a strong PRZ and also time factors has been satisfied. we can speculate that this correction is at its end and wait for a conformation to go short. If price manages to hit its Trigger (few ticks lower than 153.663), we can enter a short position with MEDIUM risk. It is medium since there are no reliable Low swing near PRZ to put our Trigger under it. So it is vital to manage your position size according to the risk of this trade. I'll answer to your questions. have a good day.
Short
by HunkIsHere
ACH breakout Not Financial advice. Here we have a breakout on the hourly. Still not the big rip, but we are gaining momentum into the weekend. Weekend hits we will be in a much higher than where we are now. I suspect we will be hitting .135cents (conservative flag measurement) .15 cents + on this little breakout. Gaining steam and getting ready to run higher after a bit of pullback ( more flagging out) This pattern has repeated itself. Now just higher time frames. Golden cross playing on 1 hour, followed by 2,3,4. (Big run coming) These trade ideas take time to play out. So my previous calls were on smaller time frames due to how fast this crypto was moving. I believe it was on 15 minute frames for the run. Which shows for how fast these movement can be once this truly gets going. I stand by my .33 cents being hit on this bull run. ( I mentioned it as soon as I saw the flag form) $1 billion valuation for Alchemy is realistic, and arguably undervalued with Binance and Shopify as partners. Watch to see volume pour in once we back test support here to spark the run looking for .17, .24, .33, Maybe even more. Still believing this is a large scale Eliot Wave Theory (which has me thinking we could potentially see .43 cents) followed by pull back waiting long then this one week times length of pull back on the next huge Bull run. Again just my thoughts here. I'll look to update again if I see importance. GLTA! The Swop.
COINBASE:ACHUSDLong
by StofAxeCapital
24
AUDUSD Analysis Overview AUDUSD analysis Overview - Monthly Chart - monthly closure was a doji showing some indecision for the time being, furthermore can be observed that monthly chart is under some type of consolidation rn. Weekly Chart - furthermore the consolidation from the monthly chart can be further observed on the weekly chart. Previous weekly candle was also a doji no giving continuation to the bearish momentum from the previous week. ( no long term for me atm, keeping an unbiased opinion until breaking out of this consolidation) Daily Chart - still maintaining uptrend, consolidating for the last month and half H4 Chart - this daily consolidation can be seen as a range which broke the resistance level and came back down to the bottom of the range but yet respecting the support level. 30m Chart - after bouncing from H4 support broke previous level of resistance and created a new high... Ideal scenario would be to see a pull back to enter on. a long position to ride it to the resistance level.
by Inacio_1998