this is the best idea for long usdchf. the important things here that you need to where is the entey is but it is needed to be pointed out by using price action parameters
BTC has been long term downtrend But there is still one last wave to be dumped - Short BTC
-There is a fifth waves to go - price still need to re-test a supply before it is long or short
Rational for sell: - price is reaching the supply zone. - according to the Elliot-waves ,fifth-waves has not been completed yet - the price is in the rising wedge. ====> Sell when: => the price reaching to the supply zone => waiting for the confirmation at the Supply zone by using price action
- according to the US data recently, USD is being weaker while GBP inflation rate is higher than 11%. - there is still have a wave 5 to go. => long GbpUsd
XRP is really behind the hype of cryptocurrency and it is now building inverse head and shoulder which is usually bullish patterns. is the pump coming soon?
- Waiting for signal ( when the price break out the wedge) and confirmation to go long. - R/R 1:5.66
Rational: - Broke out the daily wedge -> continue uptrend - Daily trend is uptrend ( RSI over 50 on daily) - Building Head and shoulder inverse on H4 ===> buy after breaking out neckline and confirmation
Rational: - still need another leg (wave-C) to complete correction - risk/reward ratio 1:4 ----> Sell for scalping.
Rational: - Sideway Market - Bounce at sideway channel support - Bounce at daily support - Good Risk/Reward ====> Buy
Rational: - Good fundamental company with an undervalued stocks. - Done the correction and started Wave 3 - Break The wedge - confirmed uptrend ====> Buy
Rational: - Good R/R - Strong bounce at support - Touched 0.5 Fib retracement - Impulsive waves ( start of wave 3) - Hammer Pattern
Rational: - Good R/R - Strong bounce at support - Touched 0.618 Fib retracement - Impulsive waves ( start of wave 3)
Rational - the big correction has been done - Strong bounce at the support - Good R/R
Future is hard to predict as a trader we trade at the present Time for long