Impulsewave
Possible Downside to Bitcoinhello traders
Bitcoin is still inside the wall of sellers and it is possible that we will get another bearish impulse wave, so we are now looking to sell, but there are conditions for executing a sell trade
First, the level of 19858.98 is not broken
Breaking the last wall of buyers, and the reaction of buyers after the break is corrective, and sellers also overcome it
If these conditions are met, a sell trade will be executed to target the level 18568.12
The potential downside of goldhello traders
There is a bearish impulse wave and we have a correction in the form of running flat. It is possible that we will get another bearish impulse wave, but the sellers must break the last wall of the buyers and the buyers' reaction be corrective after break and the sellers overcome it as well
If these conditions are met, a sell trade will be executed to target the level of 1611.500
EURJPY Short from resistance - +200 pip potentialWelcome back! Let me know your thoughts in the comments!
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Possible Up Side of Bitcoinhello traders
In today's session, I bought bitcoin, the target level is 20460
Analysis We have a strong support and resistance level centered below the purchasing liquidity and we have an upward IMPULSE wave and a correction pattern that I expect to be running flat and we will get another bullish impulse wave
Potential Downside to NZDUSDHello Traders
In today's session I sell nzd / usd
Analysis
We have a bearish Impulse wave and we have a correction in the form of a Regular flat pattern and the price has reached the supply levels. There is a violent reaction from the sellers. We are now expected to get a bearish impulse wave that will break the bottom
EUR NZD LONG TRADE Hello traders
in today's session I'm waiting for EUR NZD for a buying opportunity to target the top
Analysis
We have an increase in the buyers’ momentum and the price is still inside the wall and an expanding correction pattern is present and there is a strong reaction from the buyers when the sellers tried to break the support level. The price is expected to retest the block of orders and rise to form a higher top
BTC: Potential Short Trading Opportunity at 20800 (-21200)
Just an idea.
Nothing major has changed from my previous ideas (a slight correction was made on the wave count).
If this scenario plays out, we could short at around 20800 (-21200).
Note: In this hypothesis, we are in the first corrective wave 2 (ABC) of a final, impulsive wave C (12345) of a zigzag (ABC) being the last componenet zigzag Z (ABC) of the whole downtrend, i.e., the triple zigzag (WXYXZ).