Harmonicelliotwaves
EURUSD D1 my forecast Hello traders , this analysis is based on Harmonic Elliot Wave and Harmonic patterns
as you see I predict a down trend for wave 5 and I considered three targets for that . and also the market will make a Bat harmonic Pattern ( as I could see) so I
determined the PRZ area for this bat pattern too and I think this wave 5 will go down until the PRZ zone or target 3 . after that I see a big revers for EURUSD D1
I hope this analysis would be helpful for you please don't forget to like and share
USDCAD D1 Hello traders , There are 2 scenarios for USDCAD in daily time frame . First scenario forecast a small uptrend as wave 'c' from wave 'e' from triangle .and second scenario forecast a downtrend Immediately .Anyway I expect a big down trend for USDCAD D1 and the difference is about a short uptrend ! but in my opinion scenario 1 is more possible and I expect a small uptrend !
BTCUSD D1This analysis follows my previous analysis. At the moment I think wave 5 of c of 4 is complete and we probably do not expect further downtrend and also look for bitcoin to rise. In addition, the black lines indicate the points to which the price will react in the future . I hope it would be useful for you .please don't forget to like and share !
GBP HKD Short term trade opportunityHi everyone, I am way too tired to make a full blog post, but I see some opportunities in this pair. Right now I think it is going down, but I can see that in the longterm it is heading back up, and I will make the full post once I feel well enough to give you all an accurate reading, but for now take this small setup.
Macd on the 15 minute has crossed and appears to be moving towards the negative.
15 minute RSI is bearishly diverging.
Target 1: 10.11016
Stop loss:10.14427
TLDR, we have finished a wave one of a greater move upwards, and I am expecting a deep wave 2 retracement. Around the golden pocket, which is 0.618-0.65, but maybe even to the 0.8. 0.8 is too aggressive for myself, but aim for it if you want. Another target is the base channel of the larger cycle, but I'll talk about it when I make a full post.
Anyway, I'll hopefully talk to you guys sometime tomorrow.