PuristForest

PuristForest

ALGO is completing an importance reaccumulation following the creek which we have just seen. Also we are at 0.618 fib of the entire structure and a good support zone . I will be waiting patiently for a long from here. The market is still bearish so im a bit concerned but with the Crypto F&G Index at 19, i will go in light for now. DYOR.

PuristForest

My take, i don't think BNBUSDT is done with the reaccumulation...still looking for a drop towards 346 before a long..DYOR situations may change.

PuristForest

Opinion on ALEPHUSDT, completion of wave 4 correction.

PuristForest

This idea is based on the potential of completing the wave 4 correction pattern.

PuristForest

Well, i will be looking for a simple reverse symmetrical triangle within this EW3 structure as shown,. will look to short at the top with confirmation. simple!

PuristForest

Seeing a short term correction before the trend continuation in this ABC structure. Will be looking at a possible long from 0.618 (1.797) region after confirmation.

PuristForest

USDJPY - We are still in the ABC corrective zigag pattern of this structure, completing wave B to commence wave C. Wave B likely to hit 1 to 1 of start of the structure after a rejection at the 0.618 Fibonacci of the structure from wave A. After the completion of the ABC structure, we will consider a move to the downside in the trend continuation.

PuristForest

EURNZD - Completing the EW sub wave 4 of the C leg (ABC correction) with the butterfly to the 1.76 region. Next , expect a 'killer' wave 5 to the downside signifying the commencement of wave 5. Trade carefully.

PuristForest

GBPAUD- - Still in a larger correction with price tending towards the 0.618 Fibonacci of the primary structure for a temporary correction of that specific impulse move. I will monitor the price at the 1.78 ranges for a possible reversal to the upside. If that happens then we will be looking at the 0.386 or 0.618 of the structure at those referenced price...

PuristForest

AUDJPY - Looking at the formation of a head and shoulder pattern, with the head completing sub wave 5o2 and a setup for a butterfly pattern from the higher high. Trade carefully.

PuristForest

Short term trade for EURNZD. Generally, structure is still bearish but we have a potential for a short term impulse to the previous support line before downtrend continuation.

PuristForest

EURNZD -Following last week's correction, it appears that we finally have a long setup. However based on the ABC correction, we may still have one more EW to complete the pattern and the sub wave 4o2 before the long. Will wait for break of support and possible 1.63 region for long.

PuristForest

BTCUSD - Just my take. Looking at the completion of the ABC structure towards the 8450 region prior to trend continuation. We still have a long way to the completion of this sub-wave structure. Still bullish for now.

PuristForest

AUDNZD - Looking at a nice Butterfly pattern formation to complete sub wave 3o2. Thereafter, expect an ABC pattern to the downside for sub-wave 3 commencement. Trade carefully.

PuristForest

just now USDCHF - Awaiting a reversal at the critical Buy Zone to the Target zone. However, traders have to realize the possible risk that market may test the last low to make a lower low before the reversal.

PuristForest

NZDCAD - Short setup with a completion of subwave 2 at 0.8932 range. Target is 0.86 range. Thereafter, expect an uptrend for the completion of the wave structure

PuristForest

AUDJPY- Target at 76

PuristForest

USDCAD