#BTC/USDT ANALYSIS BTC has pumped from the support trendline of the descending channel and is currently encountering resistance at the trendline, coinciding with the MA 50 acting as a barrier. The MACD crossover indicates bullish momentum. A decisive breakout above the channel would confirm bullish move, whereas a rejection could signal continued movement...
⚠️ Notice: I will enter one third of my position on 70/30% of the box and the rest of it in the middle (50%) of the box. My TP would be R/R=3 and 5. Please trade with your own money management methodology and be aware that trading has its own risks and rewards.
Still holding that long term short bias but am also open to getting another possible buy position.. trading for me is just entering at the most likely areas price moves from and then take what comes off that..
Have been watching very carefully around this resistance of 1.38 on USDCAD to see how price reacts. We have now had multiple rejections and another (FAKE?) push through followed by price quickly selling back off... we sometimes see these fake moves (breaking through levels) to catch the early sellers before the big moves happen... is this the situation with...
GBPUSD has a divergence which indicates a reversal to the down side , the high which is around 1.36241 broke the previous higher low, that scenario make the divergence valid , however its best to look for short position around the supply zone 1.35666...…. target around 1.34474
Short position at 0.00002864 - 0.00002998 is possible
For #NZDUSD my analysis is same as #AUDUSD. I showed new ENTRY LEVEL with SL & TP. #nzdusd #trading #forextrading #elliottwave #elliott #tradingview #elliottforecast #elliott_wave
For #AUDUSD I showed new ENTRY LEVEL. Also I showed TP and SL. #audusd #trading #forextrading #elliottwave #elliott #tradingview #elliottforecast #elliott_wave
For #NZDUSD my analysis is same as #AUDUSD. In case price break ENTRY LEVEL, I will update TPs and SL. #nzdusd #trading #forextrading #elliottwave #elliott #tradingview #elliottforecast #elliott_wave
For #USDCHF again we had a failed setup. At the moment I don’t open any position unless I see a correction to flag point. At that point, I will open short position to mentioned TPs. #usdchf #trading #forextrading #elliottwave #elliott #tradingview #elliottforecast #elliott_wave
For #AUDUSD the market will move down @least for 8 days. Our targets are 0.75601 & 0.74273. If you are in sell position, keep your SL at 0.78234. now it is good time for a sell position. Let’s see ENF will give us what we want or not. #audusd #trading #forextrading #elliottwave #elliott #tradingview #elliottforecast #elliott_wave
For #EURUSD as I have mentioned in my daily view, the market should goes down for completing sub-wave B. This bearish movement would continue @least for one week. If you are in sell position, keep your SL at 1.21512. Our first target would be 1.1923. Let’s see ENF will give us what we want or not. #eurusd #trading #forextrading #elliottwave #elliott #tradingview...
For #NZDUSD didn’t break ENTRY LEVEL WITH MORE RISK. Like #EURUSD I have shown another ENTRY LEVEL WITH MORE RISK and also another ENTRY LEVEL. Keep your SL at 0.72897. #nzdusd #trading #forextrading #elliottwave #elliott #tradingview #elliottforecast #elliott_wave
For #EURUSD you must be in sell position if you have entered by breaking ENTRY LEVEL WITH MORE RISK. It is possible that the pair will have a bullish trend for 10 to 12 hours. Please note that I have shown another ENTRY LEVEL WITH MORE RISK. SL is at 1.21512. Our first target would be 1.1923. #eurusd #trading #forextrading #elliottwave #elliott #tradingview...
For #GBPUSD my daily view is that it is in wave C. Our first target would be at 1.36423 but it could drop till 1.35026. The bearish movement will continue @least for one week. If you are in sell position keep your SL at 1.40136. #gbpusd #trading #forextrading #elliottwave #elliott #tradingview #elliottforecast #elliott_wave
For #AUDUSD my daily view is that the wave B has been completed (it is approved by pattern, time and price) and the bearish move has been started. We will have this movement @least for 10 days in order to complete wave C. The most probable target is 0.7358. But keep in mind that 0.7531 is also a very strong support. So, if you are in sell position, keep your SL at...
For #EURUSD my daily view is that we are in a sub-wave B. This bearish movement would continue @least for 14 days. If you are in sell position, keep your SL at 1.21512. Our first target would be 1.1923 and it can go down till 1.18027. #eurusd #trading #forextrading #elliottwave #elliott #tradingview #elliottforecast #elliott_wave