Hi everyone, I'm expecting potential short position for nasdaq for coming weeks,i'm sharing my expectations on tp and sl side. tp1:12100 tp2:11100 tp3:9500 tp4:9200 sl1:14020 sl2:14460
Between 150 to 155 seems best places to enter long position, ENTRY: 150 SL: 140 TP1: 236 TP2: 288 TP3: 310
I expect to usd/nok prices go higher until mid of 2024, It looks like From 8.50 to 8.40 range best place to long usdnok right now 8.21 or 8.05 might be your SL place according to your position. Long Position entry Location 8.40-8.50 SL:8.21 or 8.05 TP1: 11 TP2: 12.75 TP3: 13.60 TP4: 14.90
If it bounce from 5.52 it will probably go up from that area, for verifying this we need to see horizontal 4 hours or daily candles on that area. TP1: 6.56 TP2: 6.70 TP3: 6.93 TP4: 7.12 TP5: 7.30 -- Supports -- 5.52 5.34
I expect to 4th wave correction of elliot wave to 45.500-46.000 range,also that range bottom of the ascending channel,it "might" found a support after that area.
When bitcoin price fell about 20% i checked the stoch rsi values on monthly structure,then i realize,there could be same price plunge scenario like 2019-2020 season,after i wanted to use same pattern like 2019,it showed me that the btc prices "could" go to 20.000$ line until 2022 if it can't break blue line on a monthly view,it is just an opinion.
I'm expecting possible breakout until 20 april if price breaks upper line of the triangle ATH LINE:6.66$ Resistance 1:4.37$ Resistance 2:5.64$ Support 1:3.37$ Support 2:3.17$ Main Support Line:1.72$
Possible next move decrease until 0.55$ lower level of the channel. Resistance 1:0.63$ Resistance 2:0.687$ Support 1:0.48$ Support 2:0.44$ Support 3:0.38$
I'm expecting break the triangle to lower levels because of high stoch rsi values. Stop-Loss(SL):0.89 TP1:0.6780 TP2:0.6326