SunnyHillCapital

SunnyHillCapital

👋 Hello and welcome traders to another trade idea with SunnyHillCapital ☝️ Firstly, if you like what you see, please support our work by writing a comment and SMASH that like button! 👍 Let's catch these moves together! ✅ 💡 Why should you follow our profile on TradingView? Consistent chart updates Clean charts Short and long-term perspectives Visually...

SunnyHillCapital

👋 Hello and welcome traders to another trade idea with SunnyHillCapital ☝️ Firstly, if you like what you see, please support our work by writing a comment and SMASH that like button! 👍 Let's catch these moves together! ✅ 💡 Why should you follow our profile on TradingView? Consistent chart updates Clean charts Short and long-term perspectives Visually...

SunnyHillCapital

👋 Hello and welcome traders to another trade idea with SunnyHillCapital ☝️ Firstly, if you like what you see, please support our work by writing a comment and SMASH that like button! 👍 Let's catch these moves together! ✅ 💡 Why should you follow our profile on TradingView? Consistent chart updates Clean charts Short and long-term perspectives Visually...

SunnyHillCapital

👋 Hello and welcome traders to another trade idea with SunnyHillCapital ☝️ Firstly, if you like what you see, please support our work by writing a comment and SMASH that like button! 👍 Let's catch these moves together! ✅ 💡 Why should you follow our profile on TradingView? Consistent chart updates Clean charts Short and long-term perspectives Visually...

SunnyHillCapital

USD/CHF is now unfolding with Wave III of (V) of 1, a very strong impulsive wave to the upside. With that being said, our level of invalidation is at 0.92004 (the low of Wave (c) of II) and our minimum target is at 0.92822 (the 61.80% projection of Wave I). Overall, this setup offers a great risk to reward ratio. --- Let us know your thoughts. Your feedback is...

SunnyHillCapital

If we take a look at the current Elliott Wave structure of GBP/AUD we notice a very attractive setup to the upside. First, we can see a simple 1-2-3-4-5 impulse wave that is in formation and all the following essential Elliott Wave rules being followed: ✔ Wave 2 can’t retrace more than the beginning of wave 1 ✔ Wave 3 can not be the shortest wave of the three...

SunnyHillCapital

Tesla's Elliott Wave structure is looking really interesting for a potential bearish move to take place. With the current Elliott Wave structure of Tesla, we see a corrective structure underway: We see a clear Zigzag structure unfolding for Wave (IV) of c, the expected target for Wave (IV) is at 419.52. The invalidation level is at the peak of Wave c at...

SunnyHillCapital

Silver, a precious metal that is now in the spotlight of the financial markets in anticipation of a surge in price. Our Elliott Wave analysis agrees with this possibility, here's why: Taking a look at the 'big picture' of Silver, it's likely that Silver is underway of a larger degree ABC correction, also know as a zigzag pattern. If we are indeed dealing...

SunnyHillCapital

GBP/USD has for sure been on an impressive run to the upside for many months now, and it's worth to consider that a correction is underway, specifically Wave (IV) of 1. Take notice of a few key points: Wave (III) is demonstrating a 1.618% Fibonacci extension of Wave (I), this is typical for a Wave 3 extension. The internal wave structure of Wave (III) is...

SunnyHillCapital

EUR/CAD is setting up for a move to the upside to complete Wave (C) of Y as the current Elliott Wave structure suggests Wave V of (C) of X has completed. The target for Wave Y is at 1.56427, which is 61.80% of Wave W. A break below 1.42640 will invalidate this setup and we'll look to reevaluate the wave count. If EUR/CAD breaks above 1.48410, this would...

SunnyHillCapital

NZD/USD has ranged for several weeks now as there hasn't been a significant breakout since Feb. 25, 2021 - 25 March, 2021 however, our Elliott Wave analysis suggests that this will change soon. Technical points to consider for our bearish case: If we pay close attention to the Elliott Wave structure that NZD/USD has developed from Mar 19, 2020 - May 26,...

SunnyHillCapital

Update: The current price action of XRP continues to favor our bullish view for XRP, our expected target remains at 1.46209. The current structure of Ripple looks promising for a bullish move ahead of us. The current pattern that has completed is a bullish harmonic pattern, a perfect Gartley (a high probability pattern). If this setup is proven to be true by...

SunnyHillCapital

Update: The recent price action is Bitcoin is bolstering our initial idea that the price of Bitcoin will continue to rise. Our short-term target remains at 44461.5, then we're looking for a push towards 55478.9. Bitcoin has been bullish for a few months now and we believe that the bullish price action is likely to continue, here's why. 1. Bitcoin is now...

SunnyHillCapital

The long-term potential of Litecoin is looking very promising for an upside move. Technical analysis: The Elliott Wave structure of Litecoin suggests that Wave (V) is now underway to complete a complete a larger degree wave cycle. It's likely that Wave c of (IV) has completed as LTC has retraced to the 50.00% Fibonacci level of Wave (III) & 200.00%...

SunnyHillCapital

Bitcoin has been bullish for a few months now and we believe that the bullish price action is likely to continue, here's why. 1. Bitcoin is now considered legal tender in El Salvador. This is a huge leap for Bitcoin, and it is likely to get the attention of big and small investors to go long, as its possible, that this may cause a domino effect with other...

SunnyHillCapital

The current structure of Ripple looks promising for a bullish move ahead of us. The current pattern that has completed is a bullish harmonic pattern, a perfect Gartley (a high probability pattern). If this setup is proven to be true by breaking above 1.06800 price level, we're likely to see XRP push towards 1.46209 as our initial target. This setup will be...

SunnyHillCapital

Taking a brief look at the current Elliott Wave structure of Ethereum, we notice a very interesting setup at this juncture. Breaking down what we see, Elliott Wave is suggesting a classic Wave 1-2, 1-2 setup. This provides us an early sign that the larger degree impulse wave is in development. Basically, this is the type of structure that forms before a bullish...

SunnyHillCapital

Taking a brief look at the Elliott Wave structure of USD/CAD: USD/CAD may have completed wave (v) of c of the complex correction as wave c = wave a. Rising above wave (iv) will would strengthen the case for a bullish move. With application of classical technical analysis, we also notice a 'triple bottom' pattern, a strong bullish signal. Let us know your...