A quick analysis on Bitcoin by using the Elliott Wave Theory. Have a look on the video to see where most probably the price of Bitcoin might reach. 🙂 ------------------------------------------------------------------------------------- Please press “Like” if you appreciate the trading idea 👍 “Follow” for more trading ideas in the future 👀 “Comment” below to...
💡 Trade Idea 📈 Buy Limit USOIL @ 60.92 🎯 Target Profit 63.32 🛑 Stop Loss 59.73 ❌ Do not risk more than 1 % of your account on each trade 🙂 Good Luck ! Description: The price is trading within an ascending channel by posting higher highs and lows. Price managed to break the daily resistance (new support) @ 60.95. We expect a re-test of the new support...
💡 Trade Idea 📈 Buy Order GRT/USDT @ 2.0990 🎯 Target Profit 2.8833 🛑 Stop Loss 1.7310 ❌ Do not risk more than 1 % of your account on each trade 🙂 Good Luck ! Description: The price was trading inside a flag formation before managing to break this pattern to the upside. The coin posted a re-test of the daily support where the 50% Fibonacci retracement level...
💡 Trade Idea 📉 Buy Limit XRP/USDT @ 0.5420 🎯 Target Profit 0.6383 🛑 Stop Loss 0.5032 ❌ Do not risk more than 1 % of your account on each trade 🙂 Good Luck ! Description: The price was moving upward before entering a wedge formation around the daily support @ 0.5420 mark. We have a confluence zone between the daily support & the 50% Fibonacci retracement...
💡 Trade Idea 📉 Sell Limit XAU/USD @ 1825.05 🎯 Target Profit 1799.44 🛑 Stop Loss 1837.78 ❌ Do not risk more than 1 % of your account on each trade 🙂 Good Luck ! Description: The price is trading within a wedge formation in a “wave 4” as per Elliott Wave Theory. A higher correction might be expected and then a move downward to the 1799.44...
💡 Trade Idea 📈 Buy Limit BAND/USDT @ 15.37 🎯 Target Profit 19.76 🛑 Stop Loss 13.76 ❌ Do not risk more than 1 % of your account on each trade 🙂 Good Luck ! Description: The price is trading within a flag formation that represent a correction. This pushed the price to move towards the daily support @ 15.34 level. A lower correction might be seen, and then a...
Please press “Like” if you appreciate the trading idea 👍 “Follow” for more trading ideas in the future 👀 “Comment” below to share your thoughts with us and other traders 👥 ------------------------------------------------------------------------------------- Risk Disclaimer: All trading ideas published by “collegeofpips” are for educational purposes only. These...
Please press “Like” if you appreciate the trading idea 👍 “Follow” for more trading ideas in the future 👀 “Comment” below to share your thoughts with us and other traders 👥 ------------------------------------------------------------------------------------- Risk Disclaimer: All trading ideas published by “collegeofpips” are for educational purposes only. These...
💡 Trade Idea 📉 Sell Order @ 1836.90 🎯 Target Profit 1807.62 🛑 Stop Loss 1851.15 ❌ Do not risk more than 1 % of your account on each trade 🙂 Good Luck ! Description: The price is ranging inside a wedge pattern where the gold has posted a higher correction toward the top end of the wedge formation. We have a confluence zone between the 61.8% Fibonacci...
Please press “Like” if you appreciate the trading idea 👍 “Follow” for more trading ideas in the future 👀 “Comment” below to share your thoughts with us and other traders 👥 ------------------------------------------------------------------------------------- Risk Disclaimer: All trading ideas published by “collegeofpips” are for educational purposes only. These...
💡 Trade Idea 📈 Buy Limit ZRX/USDT @ 1.4306 🎯 Target Profit 1.6610 🛑 Stop Loss 1.3168 ❌ Do not risk more than 1 % of your account on each trade 🙂 Good Luck ! Description: The price was in an upward movement before entering a wedge formation. The price was pushed by the sellers towards the support trendline and managed to break the wedge pattern to the...
💡 Trade Idea 📈 Buy Limit GBP/JPY @ 142.95 🎯 Target Profit 144.29 🛑 Stop Loss 142.51 ❌ Do not risk more than 1 % of your account on each trade 🙂 Good Luck ! Description: The price is a clear upward movement by posting higher highs and lows. Currently, it is trading within a wedge formation, and as per Elliott Wave Theory, we are in Wave 4. Our expectation...
It is known that the Dollar and the Euro are inversely correlated, but What we found here is the Elliott Wave Structure that is respected by both currencies but in inverse way. If We look on the graphs we can see that the Euro is moving downward, however the DXY is rallying to smash previous highs. According to Elliott Wave Theory, Both currencies are in Wave C,...
Although the pandemic is still spreading around and most of the economies are shut down the USOIL is still rallying without any fundamental explanation. Technically, if we look at the graph, the black gold is respecting the Elliott Wave Structure by accomplishing the first four waves. Currently, We are in the fifth wave, where we expect the price to rally again...
💡 Trade Idea 📉 Sell Order ETH/USDT @ 1309.93 🎯 Target Profit 1236.22 🛑 Stop Loss 1342.45 ❌ Do not risk more than 1 % of your account on each trade 🙂 Good Luck ! Description: The price is trading within a bearish channel formation and posted a correction count on the intraday time frame. We have a 61.8% Fibonacci retracement level @ 1333.13, and the...
💡 Trade Idea 📈 Buy Limit IOTA/USDT @ 0.3987 🎯 Target Profit 0.4431 🛑 Stop Loss 0.3839 ❌ Do not risk more than 1 % of your account on each trade 🙂 Good Luck ! Description: The price was trading within a corrective channel before succeeding to break it to the upside. A lower correction is seen to the daily support @ 0.3989 where we have the 61.8%...
💡 Trade Idea 📈 Buy Limit BAT/USDT @ 0.2892 🎯 Target Profit 0.3395 🛑 Stop Loss 0.2701 ❌ Do not risk more than 1 % of your account on each trade 🙂 Good Luck ! Description: The price was ranging within a bearish channel before succeeding to break it from the higher end. We have a confluence zone between a 61.8% Fibonacci retracement and the daily support...
💡 Trade Idea 📈 Sell Limit ENJ/USDT @ 0.38546 🎯 Target Profit 0.29914 🛑 Stop Loss 0.40893 ❌ Do not risk more than 1 % of your account on each trade 🙂 Good Luck ! Description: The price was moving upward before reaching the 0.4655 daily resistance. It posted a head and shoulders near this level, and now it is trading under the neckline. Our expectation is...