Prediction of USDX with Elliot's wave cycle 12.02.2024From the previous price and chart of pattern. About my understanding I think wave quite be like this and nowadays price pattern look like falling wedge.
So, maybe have a probability to rising first and cannot do higher high then sideway down
likes the path on the picture.
Wedgepatterns
AUDCHF Bullish UpdateAUDCHF
price is attempting a bullish breakout of the Wedge pattern, If price manages to break above the structure I expect the price to move higher towards next resistance area.
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*The content on this analysis is subject to change at any time without notice, and is provided for the sole purpose of assisting traders to make independent investment decisions.
EURCAD/LONGThis video was just a quick technical analysis of eurcad basically breaking down market structure and the behavior of the market. in the video i show you guys how you can make a thesis or gather information from a simple pattern. mainly if you see a pattern you can draw your support and resistance levels at the top or bottom of these patterns and look to your left and gather information on WHY market made pattern at a certin level.
EURCAD/LONG
NPF shark pattern Bearish #eurusd DONT TRADE NEWS BUT LOOK AT ITHONESTLY
WOW!!!! THIS IS THE REASON WHY I DON'T TOUCH NEWS... i trust my analysis but its usually a 50% odd that a trade will go in my favour with high impact news lol
Still this eurusd trade would have been sweet, if i had the balls to trade news lol
Short on US30 US30 has broken out to the downside of an ascending wedge with the trendline going back to the start of November with bearish RSI divergence. Entry on break of support and target at next resistance level @ 36300, I will also keep an eye out for a fib retrace level @ 34200. Happy trading.
Harmonics don't work...Here's how I find my set ups I thought I'd share with you guys the process I use to find my shark setups, this is a strategy I've back-tested and tested several times. I must say textbook harmonic talk poop, the values I use work but the set-up I see written for the shark uses different values. I noted this and thought about it for a minute - then I said so can I break the rules or amend it, because what I see is making sense but following the book is frustrating me lol...
I mean it got through to me through multiple accounts including personal and funded accounts - (side note I'm not rich) hopefully this helps to to understand how I spot moves.
As long as you journal then you have a chapter to start from and that 1!!!!!
EUR/USD Potential Bullish MoveA few qualifications for this trade are...
•Falling Wedge Pattern
•“Hidden” Divergence on the MACD.
If we start trading back above 1.0900 and the pivot zone, a target of 1.1150 (Median level) wouldn’t be unreasonable.
I'm going to keep an eye on long positions and see if we can begin trading higher.
CANDYUSDT - KUCOIN LONG SETUPAs we can see that candyusdt forming a falling wedge with bullish divergence after printing double bottom pattern.
If the bulls took control , the possible resistance level are mentioned.
NFA
DYOR
DXY is hitting resistance of massive broadening wedge. Big moveThe INDEX:DXY is hitting resistance of massive broadening wedge. Big move up or down coming.
If it closes above the wedge line, look for it to climb higher.
If it can't break through, look for it to retest the bottom of the wedge.
If it starts to fall, stocks and Bitcoin will rally.
INDEX:DXY COINBASE:BTCUSD NASDAQ:QQQ
SOLUSD approaching 3 month trend support. Move likely soon.Solana is approaching the med-term trend line which is also at the point of a huge symmetrical wedge.
Solana is going to make a BIG move soon. History says trend is your friend so if that holds true look for a test of the top of the channel.
If it breaks through the top of the channel and resistance trendline and closes above on the daily, look for a big move higher, while testing the two previous recent highs.
If the price breaks below the trend on the daily, look for the price test next support area down.
#Solana #SOL #SOLUSD #SOLUSDT
AudNzd Formed A Bullish Falling Wedge Pattern!Looking for Impulse Up.
AudNzd moving up soon. AN formed a bullish wedge pattern to move up. You have to wait for TL break out with strong bulls candle then get in on retracement. It's important to have your own rules on RR and adhere to them. This trading idea is intended to assist you and enhance your knowledge. If you have any questions, please ask me in the comments.
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Wave Trader Pro
Potential Short on BTCBTC is currently in an ascending wedge with bearish RSI divergence wait for a break of trendline before taking a position with stoploss at last swing high with target at next area of support, moving SL to BE when safe to do so and then follow with a trailing stop looking for a bigger move down. Good luck traders.
HelenP. I Euro can make small correction and then continue growHi folks today I'm prepared for you Euro analytics. Some time ago price reached the trend line, after which it rebounded and started to trades in a wedge, where it soon rose to the resistance line, thereby breaking the 1.0900 support level, which coincided with the support zone. After this movement, the EUR made a correction to the support zone, and then rose a little more, but later fell to the trend line. Next, the price bounced from this line and continued to move up to the 1.1050 resistance level, which coincided with the resistance zone. Euro broke this level and rose to the resistance line of the wedge, but in a short time price declined to the trend line and broke it, thereby exiting from the wedge pattern. As well later, the Euro broke the 1.1050 resistance level and made an impulse down to the support level, after which it recently rebounded. Now possibly the Euro can make a little correction and then continue to move up to the resistance level. For this reason, I set my target at the 1.1050 level. If you like my analytics you may support me with your like/comment ❤️
GbpUsd formed a Wedge pattern(Rising Wedge)Looking for Impulse Down.
GbpUsd moving down soon.It is on retracement now. You should look for entry on lower Time Frame. GU formed a bearish rising wedge pattern to fall. It's important to have your own rules on RR and adhere to them. This trading idea is intended to assist you and enhance your knowledge. If you have any questions, please ask me in the comments.
Learn & Earn!
Wave Trader Pro
HelenP. I Gold can rebound up from support zone to $2090Hi folks today I'm prepared for you XAUUSD analytics. If we look at the chart, we can see how the price a few days ago declined from support 2, which coincided with the support zone to the trend line. After this movement, the price rebounded from this line and made impulse up back to support 2 and soon broke this level. Also, Gold started to trades in a wedge, where it rose to the resistance line, but in a short time made a correction back to support 2. After this movement, the price rebounded from this level and continued to move up to support 1, which coincided with one more support zone. When XAU reached this level, it first made little correction and then rebounded higher than support 1, thereby breaking it. Next, the price rose to the resistance line of the wedge, but a not long time ago it rebounded back to the trend line and also soon broke it, exiting from the wedge too. Now Gold trades near the support zone and I expect that the price can decline to this zone, where it will reach the support level, after which Gold rebound and start to move up. That's why I set my target at the 2090 level. If you like my analytics you may support me with your like/comment ❤️