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Impulsecorrectioncontinuation

AUDUSD Possible Bullish EntryBased on the current situation, the price still in a descending channel of consolidation stage but the price are showing multiple bullish sign that might happen if - With respect to the head and shoulder pattern, price broke out the small descending channel and form correction before the bull run. - Price broke out the bigger time frame descending channel and correction to continue the next impulsive move. Although overall analysis are bullish, it is possible that price might continue to consolidate within the descending channel but watch out for the potential bullish entry.
Long
by HANHAHA
2
EOS likely to go short Hi everyone. Carriedout analysis on EOSUSDT and i found out there could be more bearish move to the downside. EOS previous had a HTF impulse to the downside, now it is in a correction phase, Because after an impulse we expect correction. and currently it's doing that. but it seems to be that this correction will come to an end in a short while. in 15min chart there's an impulsive move to the downside (I drew it on the chart) and now it's correcting. once there's a breakout below the LTF correction it could make the next impulse move to the downside and this impulse move could break the larger correct. secondly, there's a double top pattern formation which is a strong sign for bearish movement, this is what caused the impulse in the LTF I'll be entering trade firstly when there's a breakout below the larger correction, followed by continuation correction Conclusion: EOS will go short if a breakout occur below the larger correction, followed by continuation correction.
Short
by Sheezeysignals
1
Impulse continuationHi everyone. Here we're looking at Gold. Previously, we have been seeing the formation of a correction / ascending channel, and as we all know we'll expect a breakout below the channel followed by continuation correction. Gold made a strong impulsive breakout and made a first correction, the continue downward now making the second correction. this doesn't guarantee that gold will fall in price but instead it's showing a high probability that gold will continue it move to the downside. now we all know after an impulse, we see a correction, this is the phase Gold is in currently. I'll be entering trade after the breakout of that correction. trade carefully, ensure you have your risk management if you like my analysis don't forget to like, and follow me for more update whenever I make new analysis.
OANDA:XAUUSDShort
by Sheezeysignals
USDJPY Unpredictable Hi everyone. Today we're going to look at forex pair USDJPY. its price made a bearish impulse move and now in its correction phase. as we all know after an impulse we look forward to seeing a correction. am looking forward to seeing a breakout below the channel, follow by a small correction to show the larger correction is over. then I can enter the trade. in conclusion I'm hoping to see a bearish movement in the market. if you actually read the title of this idea I said USDJPY UNPREDICTABLE . Why? there's also another analysis on the higher timeframe which shows a bullish move if there's a impulsive breakout above followed by a smaller correction. The market may also be bullish. checkout the analysis below for more info. if you like my analysis don't forget to like, and follow me for more update whenever I make new analysis.
by Sheezeysignals
BTC in correction phaseHi guys. we've been seeing more bearish moves in BTC price. and we might likely see more of that. currently in the larger correction, we saw a bearish impulsive move to the down side (which I did the analysis check it below). now we know after an impulse we see a correction. BTC is currently in correction phase, and am looking forward to see the end of that correction to catch the next impulse phase. HOW by waiting for a breakout below the ascending channel and a smaller correction which indicates the end of the correction (according to my trading strategy). please don't forget to like and follow if you enjoy this analysis. thank you.
by Sheezeysignals
4
Cardano (ADA) goin shortHi everyone. today we're going to be looking at ADA. price currently broke support zone with a bearish impulsive move. and we all know after an impulse, we see correction, and ADA price is currently in correction phase forming an ascending channel. this ascending channel acts a retest on previous support now resistance, and I expect to see a bearish impulsive move to the downside after the breakout of the channel. conclusion: ADA is going short. Disclaimer: I don't predict the market movement, I react to it. if you like my analysis please don't forget to like and follow to get updated anytime I make analysis. Thank you :()
Short
by Sheezeysignals
Weekly outlook CHFJPYhi guys. today we're going to be looking at CHFJPY. firstly HS pattern was formed on a LTF and its close to a resistance level. and we all know HS patter is a bearish reversal pattern. This mean we should be looking for bearish entry for the week. Secondly its consolidating and forming an ascending channel, this also is a bearish pattern, therefore am looking forward to more development in price, I.e. a impulsive breakout below the channel, and consolidation ( confirmation that the correction is over). trade carefully and remember your risk management. have a great weekend :)
Short
by Sheezeysignals