NY Trade on $USDJPY #trading #forex #priceaction Pure price action, looking to SELL $USDJPY on the break of that support and resistance zone. Clear and Simple. Cheers, G.
Hi Traders, Please see one of our latest ideas on Bitcoin. See below for further details. RL from RT_Trading
FX:USDCHF www.tradingview.com s3.tradingview.com Thoughts and Reasoning Behind Price Movement Are Listed Below Technical analysis of the USDCHF pair Larger Trend analysis on the larger timeframes suggests there will be a continuation of the prevailing downtrend The pair is lining up well with Elliot confirmation principles Trader sentiment on all...
ETHUSD seems to be making a five-wave impulse decline. Price is currently in wave (iv) which is unfolding as a triangle. A triangle always precede the last move of a sequence in an impulse pattern. If this count is correct we should see a short-term decline to around $190 to complete the impulse pattern. What's your thought about Ethereum?
After the decline in wave ((a)) in red, the price has been unfolding in a corrective manner which is yet to be completed from Elliot Wave's perspective. Wave (a) in blue is sharp, while wave (b) unfolded as a double zigzag and formed a double bottom pattern. This scenario is best fit in for expanded flat 3-3-5 pattern, which according to the EW guideline, a sharp...
ELLIOT WAVE PERSPECTIVE BITCOIN SHORT $3.000
I'm looking at a textbook expanding or running flat structure. However this scenario needs additional confirmation as it is not yet clear. I have a modest target at 108.176. Trade with caution.
I think it's correcting for the 5th wave down. Can grab more than 200 pips if we make the right entry.
Might be completing the last wave and then it'll be going down