EURUSD is still in a downtrend, experiencing expanding corrections along its path. Watch for a rejection at the 0.5 Fibonacci level, then move to lower timeframes for entry. Once entered, your stop loss should be placed above the rejection candle, targeting the recent lows and the -0.27 level.
The SNP 500 $SPY is in a corrective pattern which in EW is called an open diagonal where each subwave of 1-5 subdivides as either 5-3-5-3-5 or 3-3-3-3-3. In this chart, I've counted the diagonal as 3-3-3-3-3. Currently, the SNP 500 is making a zig-zag in (b) before continuing in five waves down to complete ((v)) of A. Currently expecting the SNP500 to go to around...
BTC Expanding Diagonal Long Setup, after it potentially completes, looking for shorts on BTC and Altcoins to ride the wave towards 15k region.
NU explodes to around $2 by Aug 12th, thus saith elliott wave. Expanding triangle B wave Not financial advice Entertainment only lawyer double speak blah blah blah
XAUUSD: BEARISH EXPANDING TRIANGLE 🔻 BIAS: BEARISH 🔻 TECHNICAL PROJECTION: BEARISH On the H4, we have a bearish bias that price will retest "B" & "D" area and to continue further bearish to 1787 target & lower to complete its "e wave" from the bearish descending expanding triangle pattern. FUNDAMENTAL PROJECTION: BEARISH FURTHER DXY STRENGTH:...
usd cad wave analysis support and resistance breakout range
TLM is forming bullish expanding triangle . I expect at least 50% pump from this . Alien Worlds is one of best nft game projects with so many ways to use NFTs and TLM tokens in their games. But I think it will go much higher espesically if btc keeps doing good which I think it will. If you want to hold for long term you can buy now, but if you want to enter as...
Guys, I had to redo this chart because of the fractal on the previous chart not coming out correctly. This is an ascending channel that XRP has been respecting as you can see from top in 2013 to consistent touches at bottom of this channel. By taking the fractal of 2013 we can get a possible idea of the price if we get to the high of this ascending channel.
just a short term idea, trade safe. may the markets be with you all.
we are bouncing off a expanding triangle and r1 pivot on 4hr timeframe
As many of you know I am now considering that we may have a possible change in the bull cycle pattern. I have always believed in the typical 4-year cycle pattern for the Bitcoin peak based on the 4-year halving but now I am starting to lean on this possible new theory. If you look up Nicholas Merten (youtube channel called Datadash), he explains this theory with...
Ok guys, based on a possible change in the Bitcoin cycle (look up Bitcoin Expanding Theory by Nicholas Merten/Datadash) I am going to update my Kin chart based on this expanding theory going into November 2022. I have a high of $0.01 for Kin but it could go higher considering that Bitcoin could hit a peak between $300k-$500k. This is a 3-day chart with a Cup and...
Hi guys An Expanding pattern is formed in the Bitcoin chart. In Forex, this pattern is usually seen in many currency pairs. I emphasize again that patterns work 60% of the time. The bottom line should be maintained and good buying pressure should be formed. s4.uupload.ir Due to the arrival of a large amount of stable coins and also the heavy purchases of the...
Hi traders: Looking at EURJPY here for a potential continuation bearish price action. We can see after the impulse phase from the top, price correct into an expanding structure. Within a few swing highs and lows, double tops, combining with a rising wedge reversal, giving me a bearish price action confirmation. Now that price has broken down from the wedge,...
Hi everyone: Here on USDSGD, there's potential opportunities for a bearish continuation to happen. We can see after a strong bearish impulse phase on the higher time frame, price begin to correct within a larger expanding correctional structure. With a few swing highs and lows, price had a move up, but failed to continue higher. with any further bullish...
What you witness here is a typical Expanding Diagonal. This last leg can push above the trend line, BUT dont be fooled. "Contracting diagonals can overshoot its trend line during wave 5 (called throw-over) and still be valid as long as wave 5 remains smaller than wave 3" We are already seeing a clear break-out of the bullflag!
Hello traders: Most of USD pairs are due for some strength, and looking at USDCAD's price action here certainly can lead into some opportunities. We can see there is a higher time frame descending channel correction, pushed the price down to a double bottoms. Once the price reaches around this area, we begin to see an expanding kind of correction. As we know...
Hello traders! It looks like ETH is moving in expanding channel which means more bullish moves are coming in this pair. After making new highs ethusdt formed a pinbar candle in the D1 chart which is a strong bearish sign but on the very next candle, it turned the bearish scenario into bullish again. Now we are looking for at least 3000$ target in this...