


Hi, I am trying to short this Market in the resistance zone assuming it is finishing flat B wave and I have stop above high. Risk/reward is positive and stop is defined as well as target. Also have channel tested previously. This is solid setup. Lets wait and see! Kind Regards!
Hi, Looks like EURUSD has some more upside still but before we continue its likely to have some correction on the way. I have marked two structure zones and I am expecting firs level to be the one. IF that is 4th wave of the 5th wave Then usually 4th waves correct 38% and so we can see that lines up with the trend line as well. After that we could have rally up...
Possible wave count for bitcoin. Looking price action to correct 50% level with gives us harmonic ABC pattern for on major 2nd wave. Get ready for 3rd wave impulse. Looking around 50 000 dollars for 1 BTC. Stay tuned!
Hi traders. Found nice pattern to complete at 0.7030. Thing with butterflys is that they complete pass the x point which demands new rule for stoploss. If price gets there gives us also new structure high which tunes this pair bullish. Targets are shown on the chart. Just remember! Market is slow in nature and be patient!
This could be opportunity to buy the market retracement. IF market presses down to zone where all the fibs line up and RSI is showing extreme OS THEN I am looking for reversal sign. For me its two test of structure level or pin bar. It is very important to know your risk before you enter the trade. If trader knows exactly where the stop loss is going to be then...
Hi traders. Year is ending and DXY is looking to making its last little push to the down side. Gold is continuing its bearish run and here is a very good pattern to have reasonable risk to short GOLD. That is Gartley. So anywhere between 1292 to 1299 is good to short and stops can go above 1300. All the best!
Market is blessing us with beautiful price action and just shorted chyper pattern with double top. Now I am looking for trend continuation in red box which is also target for shorted chyper. We are looking probably 5th wave up before ABC correction so now we could be making 4th wave of 5th wave which usually is more complex pattern. Have a great trading! :)
Looking at GOLD chart I can see two confluence levels. As we expect more dollar strength before the end of the year it is possible that we reach the lower support level at 50% and 78% confluence 1240. If not then I am expecting 1260 to be long term support. All the best!
I measured waves and projected fib levels. That is how I see it possibly to play out. Lets wait and see.
We tested now 618 level but I still believe that we could push more higher and test 786 which gives us Chyper formation and also completes the B wave of ABC correction of 4th wave
Very good reason for joining the trend
Looking for GOLD restistance aka high price. 38.2 retracement and ABCD confluence.