We are in a phase of retreacement of the gbpusd. Don't be fooled by the great bearish movement because the great movement in the medium term is very bullish. It's recommended to wait for buy signals (It's predicted that within this week it should already be giving bullish interest) Remember ,wait for the bulls to apear and we are goingo to arm this pair. We are...
While we have been recommending long positions in the EURSD, today we saw a drop in the pair due to the manipulation of information that they made with the data of the day of the date. Remember that it is a very tricky pair, so you have to be very cautious. It is recommended to enter in long positions with TP1 in 1.205, TP2 1.214 and TP3 in 1.2210. The breaking...
GBPUSD ended the retracement phase of the big uptrend with target on values near 1.44 / 1.45. As you can see the 4th wave reached the 32.8 fractal value of the fibonacci retracement. According to the elliot theory in this tipe of 5 movements waves where the third wave is visible in the same timeline the fifth wave is near the same as the first. So, according...
Hi traders, After a month waiting for out trade to take profit we hace the EURUSD at our target value of 1.20 . We are seeing a big downtrend movement to the target price near 1.16 so, we are waiting for a big 5 wave movement with that target value. Right now we are looking for a retracement movent to the price of 1.215 (4th wave of the first impulse) Stay...
www.tradingview.com Hi traders, The XAUUSD is a correcting phase where we look for short positions trying to take profit at the 32.8% of the retracement. At that value is recomended to start looking to bullish signals. In the other case we look for the 78.6% of the retracement to enter at the market with long positions. The anlisys is clear, the only thing...
Hi traders, FX:EURUSD is in the corrective phase of the big downtrend. We are expectig the price to reach the target value of 1.245. Above this value it is recommended to be alert to possible short entries. Stay tunned....
Hi traders, EURUSD is in a retracement phase, an ABC pattern. It is expected to have a decrease of 38.2 percent according to the ratios and expansions of fibonnacci. It is expected that this week we will see it touching the value of approximately 1.224.
Hi traders, BTCUSD is in its correction stage after the big rise to 20K. As it can be appreciated in the analysis, it seems that it is in a correction of a contractile triangle style (ABCDE) in which it would be necessary to make a "lowerhight" more (point D) before finishing the pattern. Keep in mind that there is a shoulder-head-shoulder that gives great...
Although the EURUSD exceeded the value of 1.21, we observed that the generated movement gives us the impression that it is a "flat-extended" style correction pattern. It is advisable to wait for a good sell signal from the market to confirm this pattern and wait for a target of 1.15. Stay tunned for updates of this idea.
According to the elliot wave theory and the fibonacci levels, we are facing a movement of retreat of 5 movements at the level of 1.15 where there is a great support there. Although we had been predicting a movement of this nature, there are two factors that highly favor this theory. The first one is that there was a triple ceiling in the value of 1.206, indicating...
EURUSD is in the correction stage generating a zigzag pattern (ABC) that has been perfectly respected. Corrective wave B touched the level of fibonacci 78.6 and it is expected that the C wave would begin which would end the pattern. It is expected that it touches 100% of its extension and not much more since it would be equivalent to the 38.2 retracement of the...
The price of EURUSD could be heading to complete the third wave of a potential three drives pattern as illustrated on chart. Buying this for the short term. Will be watching if we reach potential reversal zone around 1.1920-1.1930. Then we expect a reversal movement to the price between 1.15 and 1.14. As you can see in my previous ideas the movement seems to be...
Such as we were analyzing the EURUSD we are in the phase of the pullback of the major movement, specifically in wave 4 of the uptrend of 5 movements. According to Fibonacci fractiles we would be reaching a regression of between 1.14 and 1.128.
EURUSD Cwave of the corrective pattern may reach the target value near 1.2 and then make the final uptrend of the main 5 wave movement. Adding time to this equation if this scenario happens the estimated date could be near of the end of the year, between 20 and 30 of December to be precise.
EURUSD is making its retracement in an A-B-C zig-zag perfect pattern. The wave A consista of a 5 wave movement, te wave B is a zigzag in generation and then is comming the C wave wich will consist in a 5 wave movement. I expect that the B wave will reach the value of the resistance I remarked, but it is possible that it could reach the possible target range wich...
According to fibbonacci extension the eurusd should hit the target of 1.149, complete the 4th wave and begin the 5th wave. Its possible the the market could take advantaje of the barcelona situation and make diagonal wave indicating thats the end of the ABC pattern.