This is gold and we are experiencing an impulsive move IMO, and we are at wave 4 (correction) and soon we are counting the unfolding of wave 5 to the upside. Lets give it time to see how it unfolds. Don't forget to carry wit you your trading skills. Just an insight.
There`s a possibility tat, an impulse is unfolding and we are heading to the upside. And from the technical point of view, higher is and higher lows have been printed so its a clear indication tat we are heading long.
As the market unfolds, IMO I see something like a double correction and therefore, we could see another zig zag to the downside.
In my Opinion, the market is exercising an ABC Correction of the Elliott Wave, and eventually after the correction well observe market going long. Don't forget to apply your trading skills, tis is just an insight
From my point of view, am seeing a potential ABC Correction, we retrace for the wave B and slide wit the wave C. Lets give it time to witness the trend and execute accordingly. don't forget to utilize your trading skills.
In a downward channel, a potential crab pattern has been spotted, price is at the PRZ, waitin for a pricize PA for more actions and execution. Calculate your rsk and trade as per your plan.
As i see the price movement within a rising channel, am expecting price to retest the broken support at @0.930000 zone and slide down to test the big demand zone @0.918000 to complete the Harmonic Bat pattern and thereafter head up stairs. This could be a bit early/premature analysis. At this point we wait for the big opportunity if at all it appears, that's when...
A potential Bearish Bat Pattern has completed on a Daily TF, at the terminus is as well a good Daily TF supply zone. As well on a 4H we have a complete Bearish Crab pattern near the termination zone. This is to add more confluence on our potential trade. We observe on the lower TF for a good PA to try and join the move once the downward move has confirmed. This...
Price has been on the decline for a while, and currently we can observe it forming a potential bullish Head and Shoulder, finalizing on the left shoulder. No body is certain about the next move but we try to align confluence for a good and clear probability. We wait for it to test well the support/Demand zone along the slanting trendline. Provided we find a good...
Price has terminated at the demand zone, which is also the completion of a potential bullish gartley pattern, we wait for a convincing Price Action and engage. This isn't an investment advice, rather seek experts.
Price testing the terminus of a potential bearish AB=CD with multiple retests on the Supply Zone, we wait for a break below the supporting resistance and join the movement. Mind your risk and execute accordingly to your trading plans. This isn't a trading advice, just my insights.
Price completes the pattern very well at a supply zone, in a potential AB=CD on an ascending channel. Therefore this could be a pull back before proceeding with the up lift. We wait and follow PA for an execution. This isn't an investment advice, employ your trading tactics and execute accordingly.
Price has broken the descending TL within an upper/bullish channel indicating that the upside move is likely to proceed. Structure has been broken so we look much on the bulls who seems to be taking power.
Clear ascending trend line on a Daily Time frame, and price is testing the support zone. On a 4H TF, we can clearly view a harmonic AB=CD pattern that has completed on the diagonal support. Therefor we look to go upstairs, however, this should not be used as an investment idea. Manage your risk and gather price action for an entry. All the best. Your comments are...
A complete potential Bullish Bat Pattern, that rests nicely on a strong demand zone, we look for a possible move to the supply zone. We manage our risk and see what we can harvest out of this.
Price at a potential supply zone from a daily time frame. We wait and look for a break either below or above and see how we engage. All the very best.
On a larger TF, D1 we have spotted a potential bearish AB=CD and a respective double TOP just as in the lower TF 4H that's on my previous post. It's a strong confluence and at this point we look for confirmation with PA either to execute or abort the mission. Good luck
We have a potential bearish AB=CD and a double TOP, which simply indicates a possible decline in the instrument. At this point we follow price action for the final action, either execution or abort the plan.