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Eliottwavetheory

BTC Downtrend Continuation possibilitySince ATH we saw a nice impulse wave to the south, now a typical 3 wave correction. Bitcoin had multiple weeks of bullish movement, a 4-day correction may not be sufficient enough to cool down the price action a bit. It May take a couple of weeks to reach the support level, but it is nothing unusual, during the last bull run the corrections took between 12 and 25 days. What we can wait to see is a touch to the 21 weekly MA. Of course, this is not a financial advice! Trade safe and always keep in mind that you might be wrong.
BITFINEX:BTCUSDShort
by Delchoni
3
GBP INDEX analysis and forecastHi traders, as you see GBP index is about to complete that running flat, so nice wave to the downside is expected there. It will probably correct on lower tf for that last push to the upside, i see price retesting that trendline and fib 0.618. Dont rush, wait for price to complete that pattern and confirm that drop first! After that i will be looking for price action and sign for reversal. Stay patient, nice setups will form on GBP pairs. Good luck
Short
by KosirFX
6
US30 DOW JONES UPDATE Hi traders, i was expecting price to push lower but that didnt happend and price reversed back. Im still with my analysis from few days ago when i said that there is high possibility that price will go and retest upper trendline on that running flat pattern. Price can still just drop at any moment, thats why im having trendline there to notify me if price will break lower. But like i said if price will go retest that upper trendline that will give us better entry. Be carefull there is a lot of uncertainty in US. But I will keep selling it, becouse i still expect nice push to the downside there.
OANDA:US30USDShort
by KosirFX
2
Fire and Flower Crazy Potential/Potentiel de malade sur FAF!!Fire and Flower Crazy Potential Take profits and minimum eliott wave targets. Epic gains if this plays out. Fundamentals are strong since ATD.B is behind them. / Fire and flower a un potentiel de malade! Mes take profits et mes minimum du eliott wave. Gros gains possibles. Les fondamentaux sont solides puisque Couche-Tard est derrière eux! Video explicatif sur ma position: www.patreon.com Pour plus de contenu gratuit suivez-moi ici : www.patreon.com
FLong
by pokelife123
5
DOLAR DXY Continuation to the downsideHi traders, dxy is gaining some power and i excpect that it will make one more push to the upside before reversal. Price might reverse at 0.618 if not, then i will watch 0.786. But for me this looks like runing flat at the moment, so price shouldnt break previus high in that correction. If it will then we can expect expanded flat. This move to the upside should move gold down like i posted before. (check analysis) Anyway watch dxy to reverse around 0.618. My long term expectations for dolar is breaking under 88.00. Good luck
TVC:DXYShort
by KosirFX
1
GBPAUD analysisHi traders, I think that we might see one more push to the upside on GBP before reversal. I want to see price to made some price action for buy, it might bounce from trendline. I see gbp index to push bit higher. Around upper trendline where i expect reverse its even daily SMA line which can nicely push price lower from that point, and there will be abc flag completed. So far we are having A and B wave in that 4h flag correction, so C wave is expected. Wait for price action before buying! Good luck
Long
by KosirFX