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Sellposition

USDCAD is 1.38 going to be the reversal level!?! HUGE DOWNSIDEHave 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 USDCAD?? I believe we have some downside coming, so like I explained I've got my eyes on a zone where if price fails it once more ill be opening a short for potentially a big move to the downside.
Short
by jamison_fx
1
#AUDUSD toward our targetFor #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 0.78234. There may be other entry point, which I will update, if I have enough time. #audusd #trading #forextrading #elliottwave #elliott #tradingview #elliottforecast #elliott_wave
Short
by Elliott_wave_counter
#NZDUSD look for a bearish movementFor #NZDUSD my daily view is same as #AUDUSD and 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 0.678. But keep in mind that 0.697 is also a very strong support. So, if you are in sell position, keep your SL at 0.72897. There may be other entry point, which I will update, if I have enough time. #nzdusd #trading #forextrading #elliottwave #elliott #tradingview #elliottforecast #elliott_wave
Short
by Elliott_wave_counter
LIVIDITIUM Analysis (Next ATH Analysis)BTC still have more room to grow according to the Lividitium (LVDT) channel. Base on the prior bull-market cycle trend, BTC appears to may have now entered the final parabolic-phase of the cycle(?) -- if the historical trend is to rhyme with this cycle . To note, in 2013 (see chart snapshot below), BTC had reached a first ATH (signaling an orange major-SELL! from by the LVDT script) after piercing the top of the LVDT-band, before resetting back down to the 200 SMA below the thick grey LVDT-line, before following up with a second parabolic run again in 2014. This may be likely to happen again, now with institutional interest coming in, waiting to load up on BTC at discounted prices after price has sufficiently fallen after an initial blow-of-top ATH, just to reach yet another new ATH. Will start looking to sell 50% of my BTC temporary into Fiat when the next major SELL! signal flashes, and will start cost-averaging back into BTC when LVDT signals major-BUY! levels again; sticking to the long-term game-plan.
BITSTAMP:BTCUSDLong
by cybernetwork