We've got 4H bullish divergence again. Going to see if we can scalp a nice bounce to the 1740-1760 region. SL Just below 1700. GL!
Needs a 3rd corrective wave to complete the corrective structure. Looking for BTC to move up to 40k again before heading lower, but it's a 25% move from here.
Looking for a small push up to the 1860-70 region before gold puts in its final leg to the downside completing the corrective structure. I think low 1700s aren't out of the realm of possibility before we continue higher. Will be looking for long entries if we enter that region.
They say the flags fly at half mast meaning this is half way correcting. Looking for a push to the upside here with a target around 1.87. Should get there within the next week or two. SL below the bottom of the flag channel and will add more upon breaking out of the corrective structure. GL if you follow!!
If you're into set and forget type trading this trade fits the bill. On the monthly we've had a three wave corrective structure up; a three wave pullback. Now we need another 3 wave move to the upside. Green buy signal on the monthly too. Looking for a final price of around 1.19. SL at 1.05. With the DXY weakening and speculation of a USD crash, the EUR should...
Looking for AUDUSD to pullback here for this C wave down. B wave looks to have made a triangle structure with 5 clean subwaves within it. Note this is only a scalp. I'm expecting this to move within the next 24 hours and if it doesn't, the likelihood of the triangle breaking down decreases. SL will be set just above the .618 fib (0.72250). TP 0.79900. Roughly...
Lovely fractal here for ETHUSD. We can see that we had an initial passing move to the downside (yellow line). Then we had a 3 wave structure up (blue); We then had a 3 wave structure (pink). Notice the RSI double touch off the bottom. I think we'll get a 3 wave move to the upside over the coming 24-48 hours (green box). Decent scalp opportunity. With 405-415 a...
Looking at the previous 3 wave structures, each B wave retraces perfectly to the .786 fib. We're currently on the final B wave of the WXY structure and there's still plenty of of upside left before we get our C wave down later this week or early next week.
Trading the breakout and backtest. 3:1 R:R from here. Looks like it has completed a running flat from the impulsive move to the upside. Indicators suggest more upside on longer time frames. GL if you follow!
Huge bull pennant on the weekly chart. Looks to have backtested the flag breakout. Monthly indicators suggest more upside. TP 21000.
Flag looks just about complete below the larger flag. Measured move takes this down to 1.13s Roughly 12:1 from here. GL!
Only a SCALP. Triple bullish divergence on the 15 min. Should see a short term pop. SL at the double bottom low. Get in and get out as there's more downside likely longer term. GL!
Looks ready to put in a C wave. Bullish divergence on multiple TFs. SL just below the start of the A wave in case B retraces more than 100% of A (unlikely). GL!
Lovely fractal forming for EURNZD here. I'm expecting one quick dip below the 1.79 mark to shake out weak hands before a decent move to the upside. GL if you follow! Cheers! :)
ASX 200 looks to have put in a leading diagonal for the A wave. Looking for the B wave to retrace to the 0.618 fib (~$4800) where I'll open up new longs for the C wave. GL if you follow! :)
Looking for one last touch off/just below that support line from the bottom of the falling wedge. This should see a 3 wave move to the upside over the coming weeks. So just buy and hold. TP around 1.85. GL
Looking for wave 5 to complete of this corrective A wave. Tight SL at the recent swing low gives a R:R of 7:1. Great risk to reward. GL if following!