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Pullback

Cable Is In A Correction Within UptrendCable made five waves up from the 1.0353 lows, which suggest that bottom is in place from Elliott wave perspective, but more upside can be seen after a corrective pullback. We know that after every five waves market slows down for a three-wave setback that is now underway. Probably the pair is going to form an A-B-C flat correction, currently trading in wave B rally that can stop at 1.16-1.17 resistance. Ideal support for the whole correction will be at 1.08-1.06. Trade well! Disclosure: Please be informed that information we provide is NOT a trading recommendation or investment advice. All of our work is for educational purposes only.
by ew-forecast
2
🎁sell Bitcoin at the right place and get 1160 pips of profit💰🔰You can see Bitcoin analysis in 1 hour time frame (BTCUSDT_ 1H) 🔍🧨 💥Due to the fact that the price has been able to break the Up trend line🖤, if the price can ❗pullback💜 to this line, a suitable area for selling Bitcoin will be created and the price can experience a fall to the DEMAND zone🔻⚡ Do you think this analysis can be profitable❓ I hope the analysis was useful for you🤍🌹 ________📈TRADER STREET📉_________
Short
by TRADER_STREET
2
SPX: After FED - Will it keep correcting?• The SPX did a strong reaction after FED, and it is trying to recover from yesterday’s drop; • In fact, this reaction might frustrate the possibility of a pullback to the 21 ema area, which we already discussed yesterday, but it is too soon to tell, as the index must confirm more bullish signs first; • In order for the index to truly reverse and seek higher resistances, it has to break the main resistance at 3,911, as this key point is the game changer for the index (mid-term speaking); • As long as it remains under 3,911, the next stop is the 21 ema area, as we already mentioned. Then we’ll see how to proceed; • The way it’ll close today will tell a lot about its future reaction. I’ll keep you guys updated on this. Remember to follow me to keep in touch with my analyses!
SP:SPX
by Nathan_The_Finance_Hydra
7
GBPUSD have bottomed?Has GBPUSD bottomed? Price action suggest that it has. Since GBPUSD dropped to $1.036, higher lows pattern have formed WITH contracting pattern (tightening). From that pattern I drew a trendline. Price broke the key moving averages confluenced with the trendline break. Currently price is retracing back to its mean 50/100/200 after testing several times the $1.163 level. Actionable plan : wait for the price to test the key moving averages (keep it simple) and identify a rejection at those level and then Long. *Rejection could be anything. but preferably confluenced with pocket pivot (blue bar or green bar at volume indicator)
Long
by sufiansaid
Important week for EURUSD This week, we have FED Interest Rates. This is the most important event for the market right now! We're probably going to see big fluctuations in price and the best opportunities will be after the news on Wednesday. One option is to wait for EURUSD to go near 1,0090 and see if there will be a rejection during the news. If price action confirms the entry, then that will be a great setup. We're not sure if price will rise and reach that level so we don't recommend looking to buy immediately!
by ForexTrendline
5