Shortpattern
BITCOIN - The BIG SHORT!Possible ABCD-continuation-pattern in BITCOIN
The BTC was able to make up some ground in the last few days. However, it still remains stuck again and again at the "BLOCKER" and can not sustainably overcome this strong resistance!
The 38.2% and 61.8% Fib retracement represent possible target / retracement zones (TP).
The 1.25% / 1.272% Fib retracement represent the rebound - the maximum retracement.
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NOTE: The above information represents my idea and is not an investment / trading recommendation! Without any warranty & exclusion of liability!
#NZDUSD look for a bearish movementFor #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
#EURUSD is going to go downFor #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 #elliottforecast #elliott_wave
#GBPUSD a good sell positionFor #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
#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
All roads lead to SHORT it DOWN !There are now to much BEARISH SIGNS ... "Shoulder-Head-Shoulder", "Bear flag", "Bearish Crossing of EMA25 and EMA50" and maybe an "Evening star", what we will see on Monday! In addition buyers volume went down, daily RSI point to the down side and Stochastic RSI is in overbought area! The same situation we had in April/May 2019 (take a look there)!