GBPUSD Possible 3 drives or H&SGU is currently at a support zone where it is failing to hold below the zone. if price breaks and continues down this will be null and void as it could for a head and shoulder pattern. However if price pushes little lower and then reverse it sill push above the previous Resistance zone look for the 3 drive pattern.
Three Drives
GBPZAR Weeklies View The market
GBPZAR mine own perspective so what's your consideration on the price movement please comment in the below section ?
I believe that. So what is your expectations in comment below.
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GBPAUD long SWING TRADEConfluences:
-W pattern
-Price respecting fib levels
-Price re-entered previous daily trendline
-Enter on continuation with a buy stop
-Good Risk-Reward
-AUDUSD hasn't retraced in a while so weak AUD should correlate with GBPAUD going higher, also the pound has been really strong lately
-Take profit will be in the second zone, I'll take partials at the first zone
ZECUSDT going BearishZECUSDT
Has been able touch 3 times at the resistance level. And we expect a big shoot to the support zone sooner. It has be going in a descending order for days or even weeks now after reaching the upper resistance level. And it is falling back to the support zone.
In this 4hrs chart we can also see the bigger picture of where ZECUSDT has been going for months now, and has been maintaining the chart pattern.
So for traders,You can trade on this now and take your profits at the support level which is been displayed in the chart. INVESTORS can wait till it reaches the support zone then Buy it.
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Whats next for TOPGLOV?
As we can see, the candles have never been able to close past the 0.625 price point since 7/9/20. If we have a look at the monthly chart, we will see a big bull candle which we can mark as the anchor of the rally, aka dominant/anchor candle. During early January, a bullish engulfing was formed at the 0.635 price point on the weekly timeframe, followed by a retest and rally but the price respected the nearest resistance and we may see another retest on the engulfing zone or breakout to a further bear move.
Currently, there is also a potential for a three-drive move towards the next fresh demand zone. Fibo extension levels (261.8) are matched as well for extra confluence.
Awaiting further price action.
BTC Bull Flag - One More Lower Low PossibleFormation stood out to me on a line chart where wicks aren't included. Seeming to respect this downtrend channel fairly well, which after such a steep run up, says flag to me. However, if we were to fill out a 3 Dives Pattern, which still seems very possible, we would be looking at one more leg down before liftoff, to around the 27k range. I think were far from truly topping out this bull run, however, I think the range of the past 2-3 weeks will act as bottom support for our eventual major crash. I.e. i see us breaking 100k at some point this cycle, and then correcting to as low as 30-40k.
GBPUSD Two trades for both sides.We are watching this pair for a long trade first and then stop reverse at the green zone if we manage to hit target.
Like and comment if you find value in our analysis.
Feel free to post your ideas and questions at the comments section.
Good luck
NOTES:
- All trades are executed with a valid signal of our own. As a trader you should develop and test your own entry protocol.
- We never trade just because the price reaches the trading zone. This also means that not every idea is a valid trade.
- Our analysis are trading ideas not trading signals for you. Therefore questions about the status of the trade, stop loss, take profit levels won't help your progress to be a better trader.
- Instead of trying to take this trade and win small profits, focus on the analysis and how to create your own trading style.
Best Regards.
Nifty 50 Buy and Sell Limit with 3 TPwe have analysed the NIFTY 50 and we believe there is Bullish Move as we see a Three Drive Elliot pattern for which it is forming in a channel and it should finish the Third leg for big Bearish Move.
we prefer to put a Sell Limit order at 13000.00
The Second TP should be the lower channel line and the Third TP we expect to be below the lower channel...
please be vise for your position size and be exact on Stop Loses
Best of Luck
DOW 3 Drive pattern. We have a long term 3 drive pattern that has hit the level. I thought we had the signal on Friday but a big rally into the close could give us the sell signal Monday.
The last major turn came after the previous 1.618 although it didn't quite hit it. If the market heads higher from here it may go parabolic.
Watch Monday for a shorter time frame entry to go short.
GBPUSD. SELL Area. 3 Drive ABCD. The GBP has a nice short set up with small risk. A 3 Drive ABCD Pattern at the 127% extension of the early September high. Targets are the FIB levels from the C-D leg 382 and 618 with the final target of the 382 from the late Sept low to the recent high. A break of 1.3700 could see higher prices.
BREXIT is creating a lot of volatility which is great.
Bitcoin may have a reliefBTCUSDT reached all time high but seems that it needs to rest some.
We marked possible pull back levels at the chart.
Like and comment if you find value in our analysis.
Feel free to post your ideas and questions at the comments section.
Good luck
NOTES:
- All trades are executed with a valid signal of our own. As a trader you should develop and test your own entry protocol.
- We never trade just because the price reaches the trading zone. This also means that not every idea is a valid trade.
- Our analysis are trading ideas not trading signals for you. Therefore questions about the status of the trade, stop loss, take profit levels won't help your progress to be a better trader.
- Instead of trying to take this trade and win small profits, focus on the analysis and how to create your own trading style.
Best Regards.
CHFJPY Libra SetupWe're following a libra pattern completing at 117.36.
Like and comment if you find value in our analysis.
Feel free to post your ideas and questions at the comments section.
Good luck
NOTES:
- All trades are executed with a valid signal of our own. As a trader you should develop and test your own entry protocol.
- We never trade just because the price reaches the trading zone. This also means that not every idea is a valid trade.
- Our analysis are trading ideas not trading signals for you. Therefore questions about the status of the trade, stop loss, take profit levels won't help your progress to be a better trader.
- Instead of trying to take this trade and win small profits, focus on the analysis and how to create your own trading style.
Best Regards.