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Eliotwave

change of reversal soon on NZD/CADNZD/CAD is a pair that i've personally been looking at,for quite some time. We can see that it''s been in a burrish trend for almost a month and some consolidation is going on now . Also MACD indicator has lost its sell power and we some buyers taking place instead, but again its flat so dont rush. For me i would like to see a break out soon for a buy position with a 130pips opportunity. If this does not occur we can see it go on its 6th wave and then probably go for a short position. Use your own judgement and do not go blindly on a pottential position. Concistency is the key!!!
by The_DailyProfit
Nasdaq anticipation wolf wave - elliot wave - ascending wedgeI've been anticipating nasdaq moves ignoring the news since quite a while and it work way better that way. and i figure out 3 scenari. the upside one (which is the less pssobile to me, but still a possibility) If nasdaq respect my anticipation, (which is working since the last bottom) it would confirm a bigger drop later , currently forming and ascending wedge, and if Nasdaq goes to a range to 13400/13600, that would be a perfect bearish wolf wave. confirming previous anticipation drop. Then where would be 2 scenarii, 1 is the rebound from the 1D SMA200, the 2nd one would be the confirmation of the 5th legs of Eliot's wave and 50% fibo on weekly, so 10780. time will tell, im into the 2nd scenario.
ULong
by jeremiem
MANA/USDT has promising signals for it's bullish trend!Hi every one DECENTRALAND / TETHERUS the MANA/USDT chart is pretty interesting. the price is in an ascending channel and there is an ascending triangle which has done It's job and the price has increased as much as the expected movement(AB=CD) and also there is a bullish flag which the price has done the upward break out! there is also hidden bullish divergence on both MACD and RSI indicators as well! if we use the ELLIOT waves principle we can understand that the 4th Impulse wave has been completed and now the price is on It's way to complete the 5th wave! with these bullish signals we can be sure that MANA has a lot of potential to continue It's bullish trend! Traders, if you liked this idea or have your opinion on it, write in the comments, We will be glad. Things can change... The markets are always changing and even with all these signals, the market changes tend to be strong and fast!! Thank you for seeing idea . Have a nice day and Good luck
Long
by CobraVanguard
32
GBP Impulse down corrective ABCWave 4 couldn't break 0.5 Fibonacci retracement which was also the trend line down which is also just below the SMMA 25 close - these are all signals that the completive 5th wave down is soon to come, we are likely to see a test of the 0.618 fib which managed to hold 3 wave but many not be so supportive now. If we see 0.618 hold the ABC corrective may start early, if broken I expect to see minor support a 1.37754 tested (possible bottom of 5 wave) but most probable is finding support at the 0.786 fibonacci zone. ABC corrective after is highly likely working with both minor support lines and fib levels as shown in chart. Good luck! I am literally a salmon, my ideas are not gospel. Trade like you swim with sharks.
by UnknownUnicorn705200
BTC's upward movement is far from over!Hi every one Bitcoin / U.S. Dollar If we use the Elliot wave principle on the BTC chart we can learn that the upward cycle of the BTC is far from over! the market has completed the first 3 Impulse waves and now on It's way to complete the 4th wave so the market will of course experience a good amount of decrease in it's price! after the completion of the 4th wave we shall see that will BTC starts to pump or not! there is a strong support at the end of the 4th wave so if it can make the pump we shall see that the price reaches 68k! Traders, if you liked this idea or have your opinion on it, write in the comments, We will be glad. Things can change... The markets are always changing and even with all these signals, the market changes tend to be strong and fast!! Thank you for seeing idea . Have a nice day and Good luck.
COINBASE:BTCUSD
by CobraVanguard
23
USOIL possible move to the downsideHi traders, as you see price came back to our supply zone , from where we expect price to push lower. At least to make correction for continuation to the upside. I was expecting to see price moved bit higher to tap that trendline around 63.5, but as you see price is already making rejection. Anyway i closed my buy, and will be watching for sell. I will upload below lower time frame picture to show you that we are already having possible bearish price action. We are having nice weekly rejection candel from last week, so i think this setup have good potencial. Stay patient!
TVC:USOILShort
by KosirFX
1