Gold's buy opportunityHi
The correction of third wave wss done and forth wave was finished.
We are in impulse increasing wave and a best opportunity to buy.
Have good trade.
Bye
Impulsewave
The final wave is coming, huge profitOn daily chart
Loopring has completed four waves at 0.63 after that, LRC's rally.
Right now, the lower impulse wave is progressing. Target is 1.8 in short-term
LRC's high volatility, which suit to trade in lower timeframe.
LRC is still in ascending parallel channel with strong support below 0.63. This range is a good zone to entry for short/medium/long-term.
What next, wait and see.
Double Lower Top Coming?Chart says it better than I can. Moving up from oversold. NFLX put a damper on it but that won't last long imo. Move above 4480 is bullish, eh?
Take a look at Dec 2018 for the pattern. Double top at a lower high after decline from ATH, before the massive selloff.
The projection as shown is for an EW impulse. Might get it, might not. See what we get! No position atm, watchful waiting.
GAS IS UNSTOPPABLE! NATGAS / WEEKLYWe have been forming this structure since the middle of 2021. Impulse finishing soon at 7.xx. You can catch this last wave at intermediate correction that we could expect soon. Around 5.000 would be a good entry.
Goodluck all.
GBPCHF Impulse Correction Continuation Welcome back! Here's an analysis of this pair!
**GBPCHF- Impulse leg on daily and 4 hr. followed by corrective wave/bullish flag. If we get the breakout, our target is 2400 zone (previous resistance).
We recommend that you keep this pair on your watchlist and enter when the entry criteria of your strategy is met.
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Brian & Kenya Horton, BK Forex Academy
Silver go to 28-30 Hi
In previous analysis, l predict that wave 4 in c (or 3) wave is completed ans told the wave 5 must be started.
Have good trade
EURUSD - CORRECTIONEURUSD Printed an Impulse yesterday which indicates there are lot of demand for EURO. Now, It's correcting the impulse to shoot higer in NY Session today!
We request you to enter with your own confirmation!
Thank us later!
SAND/USDT Complex correctionwe're in the complex correction for more than 3 months a bullish run can be expected after breaking out
#elliott
NSDCAD Analysis I Impulse Correction Welcome back! Here's an analysis of this pair!
**NZDCAD is on its second push impulse wave, thus I expect a correction from previous resistance near 8760 area. It may return to support at 8708 or 8665, and then rise back to resistance 8760, and next stop 8920 zone.
We recommend that you keep this pair on your watchlist and enter when the entry criteria of your strategy is met.
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Brian & Kenya Horton, BK Forex Academy
Market Structure Cheat SheetAfter thousands of hours staring at the charts I can simplify the Market Structure like this. Of course there are different shapes and forms but the waves are the same.
This cycle repeats on all timeframes.
BUYING SUSHI UNDER $6 FOR HUGE GAINS🌙⚡Evening fellow Traders!
Today we will be considering the trading pair SUSHI/USDT
Right from November last year, SUSHI started an uptrend (Impulsive move) to gain 4000% increase in price up until march earlier this year when it was due a correction.
The Correction so far has been an impulsive ABC correction, spanning at least 266 days and also serves as accumulation phase.
Judging by the I impulse wave growth and that the correction stopped just under the .382 retracement level, we can say the is a First Wave Extension.
Should this be the bottom, Price targets for the III impulse wave is at least at a $100 dollars.
Enter with stops just below the 0.5 retracement level for invalidation reasons and target
$60-$65 as the first target and $100-$104 as the 2nd target.
NOTE: DURATION OF TRADE MAY BE INACCURATE.
EURUSD Analysis Welcome back! Here's an analysis of this pair!
**EURUSD - listen to video analysis.
We recommend that you keep this pair on your watchlist and enter when the entry criteria of your strategy is met.
Please support this idea with a LIKE and COMMENT if you find it useful and Click "Follow" on our profile if you'd like these trade ideas delivered straight to your email in the future.
Thanks for your continued support!
Brian & Kenya Horton, BK Forex Academy
GBPUSD providing a Good Buy SETUP 500+ pipsI think this pair will push to the upside, conversely to the target marked down on the chart. we have change of character and a violation of structure to the upside, market is still accumulating and building enough liquidity to commence with the next move and ultimately target liquidity above high of day swing level as I anticipate. Good luck!
EURUSD Selling Pressure Coming SoonWelcome back! Here's an analysis of this pair!
COMMENT BELOW and let us know your thoughts or questions!
**Listen to Video Analysis on EURUSD!
We recommend that you keep this pair on your watchlist and enter when the entry criteria of your strategy is met.
Please support this idea with a LIKE if you find it useful and Click "Follow" on our profile if you'd like these trade ideas delivered straight to your email in the future.
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Brian & Kenya Horton, BK Forex Academy
CNXMETALMetal index is showing good moves after budget along with Elliot wave counts. Possibly wave i & ii of 5 is completed, and possibly wave III of 5th is started.
Wave Structure could be like this
Macd in daily
Macd in hourly
Rsi in hourly
Bollinger band challenged in hourly
Dmi adx also positive
Disclaimer
I am not sebi registered analyst
My studies are Educational purpose only
Please consult your Financial advisor before trading or investing
I BOUGHT MORE QTUM (POTENTIAL 10X PLAY)Welcome back to our QTUM analysis Series
In our first analysis, we pointed out buying zones for a potential bottom as shown in the chart below
A month later we updated that idea after a few buyng zones were met
Now in this analysis, we are analyzing afresh, with a different view.
In our two previous analysis, we drew 2 trendlines that price continued to respect, as shown below
Now resting the last trend support which was created when the overall impulse move was initiated, we can see that we are currently in a channel, one which has a target of at least $80-100 dollars depending on how soon we test resistance again, and aligns with our 5th wave top coming in at the 1.382-1.618 fib resistance eventually.
Previous ideas are linked below.
Added in another trendline running across the chart for a potential rejection and a take-profit zone. That way, we can have the growth of wave 5 and 1 almost equal or closely related if we don't get $80, even though it would still technically be shorter than wave 3
Should Bitcoin decide this isn't it's bottom and take another dive, we will most likely retest the $4 support before a move to the upside.
If you agree with this, pls leave a like and your thoughts in the comments section.
As always, feedback is appreciated.
IS LINK PROCESSING A CHAIN REACTION ???Happy New Years! fellow traders.
Today we consider the trading pair, LINK/USD
From the chart above we can see LINK price is in an ascending channel, tho not the most parallel one to the eye, but it fits.
Taking a look at our RSI, each time value entered the oversold region, a bounce occured right away, also aligning with price returning back to channel support and bouncing as well on each correction wave.
Currently in it's wave 4 correction wave, Price seems to have bottomed out, tho currently below channel support!!!
Should price fail to close a candle inside the channel, Downside is $13-$10.
However, if we do succesfully reclaim the channel, which i think we will, we will most likely see $200 Link, earlier than anticipated as well.
If you agree with this idea pls leave a like as well as your thoughts in the comments section.
As always, feedback is appreciated.
BTC Last wave down-One impulse wave missing
-Shorting resistance
-Exit manually if it works
-Targeting roughly $31k area
THE GRAPH NETWORK HAS A ROADMAP TO DOUBLE DIGITS!Merry Christmas Eve fellow Traders and Happy Holidays!
Today we wil consider the trading pair GRT/USDT.
Recently we put out ideas on SUSHI, LUNA, AVAX, 1INCH etc. talking about first wave extensions and their price targets for 2022 (all linked below btw).
This, we will do a similar idea for GRT.
As you can see in the chart above, GRT has had a 9500% growth in price from it's listing last december up until February earlier this year and has since been in accumulation phase spanning almost a year so far (315 days) marking it's correction phase (wave 2).
If we take our fib retracement tool and draw from its opening price at listing date up until it's ath in february, we see price stopped just underneath the 0.382 fib support (which is the basis for a 1st wave extension, coupled with a lengthy accumulation phase).
To get our targets for the 3rd wave, we then take out our fib tool again and measure from it's ath to the 0.618% level of the 1st wave and target just under the 1.618% level for wave 3.
I have added in the 1.5% level for clear targets.
This would give us a price target of around $11.8 - $16.4 should we touch the 1.618 fib resistance.
If you agree with this idea, please leave a like below and share your thoughts in the comments section.
Feedback is always appreciated.
Merry Christmas AGAIN!
US30 obvious trendline reaction and eliiott waveour team forex trading action is pleased to announce you guys that we had 9 out of 11 tp hit in our last analysis here is our new analysis for the US30 where you can find a clear uptrend trendline and fibo reaction
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Impulse leg past recent highs for Gold?All necessary notations are already included on the chart. Stop represented on the chard could be easily liquidated, however if it does, no worries. Could look for a possible re=entry below previous lows. I do not want to see price get past the 50% line noted.
EVER HEARD OF THE SEX GODESS NAMED POLKADOT???Greetings fellow Traders,
Today we consider the trading pair DOT/USDT
Looking at the chart above us, we can see that ever since DOT was listed(or after the rebrand at least), Price has continued to respect an ascending Trendline while forming a Ascending Triangle pattern in the process.
Currently Near Support of the trendline, and still in it's Larger Wave 2 correction, Price seems almost bottomed out.
Taking a look at our RSI, ever since the wave 1 top & price hiting our triangle resistance, a bearish divergence was formed, sending both price action & our RSI into territories for a buying spree, most notably the RSI into the oversold region and price into accumulation.
Should that same pattern repeat itself (and it looks just as though it might), we can expect one last retracement to the trendline support before gearing up for another impulse wave move to complete wave 3.
Take profit zone is calculated by taking the length of the triangle from start to resistance and placing it ontop of the triangle, along with some other confluences on the fibonacci tool.
Trade Idea:
--DCA your way down to triangle support
--Target PROFIT ZONE for quick gains
--HODL the rest until strong price rejection.
If you agree with this idea, pls leave a like as well as your thoughts in the comments section.
As always, feedback is appreciated!
