Hello everyone, The bears have now lost control over the markets, as you can see price has broken the white trendline to confirm that the bulls are now in control. To start off the week, It's recommended to look for a light set up to enter into the bullish momentum. Based off of where the market closed, price is projecting to move down to the next daily zone at...
UJ is currently in a bearish market. If you use the five wave analysis for your strategy, you can see that waves 1-3 are completed. Wave four is currently in formation in the bearish direction and looking to end in the 133.500 price area.
Good afteroon, UJ is still maintaining its bullish momentum. This week price is projected to go to the 134.900-135 area and reject. If there is a rejection, price is project to drop down into the high 133.800 area. If there is a rejection in this area, price is project to continue the bullish momentum from the 133.800 area and continue into the 135.900 price...
BINANCE:SANDUSDT Hello everyone 😃 Before we start to discuss, I'll be so glad if you share your opinion on this post's comment section and hit the like button if you enjoyed it! $SAND has formed a Flat bottom triangle and now it has reached the bottom's support zone. The formed demand here has held the pair four times and now it's the fifth attempt of break....
Hello traders and investors! Markets are in risk-off mode as the media is spreading fear about the new covid variant. But everything is maybe just too pessimistic if we consider there are no deaths and no hospitalization for a new variant! However, markets do not like uncertainty so we are seeing a sharp sell-off on stocks, even commodities are coming down which...
Hello traders! Today we will talk about AUDJPY pair and its quite clear Elliott Wave pattern called bullish impulse. Bullish impulse should be seen by five waves and as can see, AUDJPY looks to be trading in wave 4 correction with perfect 83.00 psychological support and with equality measurement of waves 2=4, right at the channel support line, from where we...
Hello traders! Today we will talk about GBPJPY pair, which is trading nicely bullish within a five-wave cycle and there's room for more upside, at least towards 2018 highs. We are tracking five waves up from 133.00 low, which looks to be unfinished. The main reason is current three-wave A-B-C corrective decline from the highs, which should belong to a higher...
Hello traders! Today we want to share with you an interesting intraday setup formation on USDCHF pair, where we potentially see a five-wave cycle in progress from 0.8925 lows. Current slow price action and corrective wave structure we see as part of an a-b-c pullback within wave "iv" that can find the support ideally around 38,2% Fibonacci retracement and 0.9135...
Hello traders and investors! USDJPY is nicely recovering after we noticed a completed ending diagonal and bottom formation at 102.60 lows. The price action looks strong and impulsive now, so seems like it's unfolding five waves up from the lows that can send the it even up to 106 - 107 area, just be aware of short-term wave 4 corrections, a lower degree and...
NYSE:SNOW keep close eye on SNOW, currently on the last wave of five, and 4 hr MACD already shows divergence, if Tech rebound, SNOW will form a pretty support for the days to come!
D1 - We have a key resistance zone that has formed based on the 1.618 (1.15575) Fibonacci expansion level of the first wave and the 61.8%(1.16003) Fibonacci expansion level of the second wave. The price is developing a big 5 leg structure and we are currently inside the 5th wave. The price is currently breaking above the last swing high and it still has room...
ONE/BTC is ending ABC correction and wainting for 5 waves upwards.
At the 1-day chart we can see that most of indicators are neutral. We have a standard triangle formation with higher "lows" and lower "highs". The price came to the edge of the pattern and broke it upward penetrating Ichimoku clouds zone where it can consolidate. If we take a closer look it becomes clear that the coin gains momentum power and volume increases as...
Hello Crypto lovers! It's time for update, right? BITFINEX:BTCUSD turned up in an impulsive manner, where it can be unfolding five waves up away from lows, which would confirm a bullish reversal. At the end of June BTC started to rise pretty sharply, so it's an idea that bottom can be place. As you can see on the chart, BTC already broke above trendline, but...
I have to say that I've been quite impressed with the overall growth of this project, they've managed to do it organically as well. After seeing a healthy run it would seem that she's run out of steam and with other coins being the primary focus as we enter the week for the consensus conference in NYC. I can see other holders of this coin selling and taking...
The German DAX has reached the cluster resistance near 13,500 and a potential large scale top could be in place. If this is the case, then we soon should see a break below minor support at 13,194 and more importantly below 12,913 that will be a strong indication of a top being in place. A large five wave rally can now be counted from the March 2009 low of 3,589...
Hey fellow traders. Here on AUDCHF we have an almost complete 5 waves up. You should wait for the completion of our 5 wave structure before taking any shorts to the downside. I anticipate two targets. Good luck to all.
FX:AUDNZD Safe Trades;