The 5th wave is over. Now, The market has started the ABC Correction. So far, The market is in an upward channel. Now, the bias is sideways down for XAUUSD. Then, We are looking for "Sell" position for the short term.
According to the Cup and Handle pattern and Elliott wave theory, Bitcoin is looking bullish. We will then find good prices to hold and take profit when wave 3 of the Elliott wave ends.
We need to be careful as the price is approaching a conglomeration of strong resistances. Pressure could come from both the 65K area, which is still untested, and the area above - 68K - 69K. Let me remind you that globally bitcoin is in a descending channel. Globally (D1-W1) the asset looks good for continued growth, but locally (D1-H4-H1) I don't see any signs...
A double bottom pattern is currently forming, and each has RSI divergence signals in the 4-hour timeframe. Therefore, it is expected that the asset price may experience a slight adjustment to test the supply level. If the supply level is breached, the growth momentum may be lost. "Expected test price level is 50"
AU is down trend test Descending trendline , Key level is 8.5 if the price can standing above this price it's sign to strong buy.
SIS have RSI Divergence, Short term for Buy Target Fibo 50%-61.8% At price 25.7-27
The price breakout "Falling wedge pattern" is a technical analysis tool employed to discern potential reversals and opportune moments for acquisition. We are currently monitoring the market, anticipating a price decline to the premium zone before executing to Buy.
Long term just waiting to see if market can breakdown that would be a chance to Big SELL But now trading concept is looking for channel trade, And Sell with small gap SL or Buy with A good prices.
BTCUSD Timeframe 4H Elliott wave is corrective stage, looking for fair prices to buy.
Waiting the prices forming and confirm BUY at demand zone Demand zone at 1.06650 - 1.07000
Prices is tested demand & 50.0% of Fibonacci of Timeframe day, then the prices rebound to 2013 Resistance levels: 2015 - 2020 Support levels: 2002, 1992, 1982
EURUSD is brake Wedge pattern in Timeframe 4H looking good for Long position. But waiting for Long in good zone
EURUSD is downtrend and this situation the price is correction wave, In sub wave I'm expect that end of wave 1 and the price going to be wave 2 Suggestion for trade Short term : Buy at the price : 1.05500 TP : 1.06100 - 1.06300 SL : 1.05200 Long term : Sell at price zone : 1.06100 - 1.06300 TP 1 : 1.03750 TP 2 : 1.03000 SL : 1.07000
It’s look like expanding triangle pattern. Inside structure correction ABC And end of E wave in main structure, then the price will going down. Strategy : Short sell (Looking for a good price to short sell) Sell price : 0.75340 Sell price : 0.75800 Sell price : 0.76165 Stop loss : 0.76630 TP 1 : 0.73330 TP 2 : 0.72400 I’m just a rookie please discussing. If you...
Elliot wave analysis for 4/4/2022 - 15/4/2022 Wave 4 going to Wave 5 Strategy : Short sell cumulative Sell limit at Sell price : 1.0660 Sell price : 1.10850 Sell price : 1.11250 TP 1 : 1.0645 TP 2 : 1.0520 SL : 1.1860
I guess AVAX going down for finish wave 2 Then we can short for short term and prepare for buy when graph is end of wave 2 Short price : 86.5 (Now) SL : 90 TP 1 : 82 TP 2 : 79 I'm just a rookie please suggest me. Thank. Nortz
I try to count wave of GALAUSDT and I found some interesting. Gala forming for go to wave 3 ? Please discussing.