Peering through the lens of Elliott Wave theory on the GBPCAD 4-hour chart, we see signs of a budding uptrend. The completion of a corrective phase (labelled as wave (4)) and a turnaround at a key Fibonacci level hints at the early stages of an impulsive wave (5). Traders employing Elliott Wave principles might see this as a cue for a LONG entry, anticipating...
Elliott Wave analysis on GBPJPY points to a SHORT opportunity as the pair completes what appears to be a corrective wave (b) and may be embarking on a bearish wave (c). This is reinforced by the recent failure to maintain upward momentum beyond the 0.774 Fibonacci retracement level of the previous decline. If the bearish wave (c) unfolds as anticipated, we could...
NZDUSD seems ripe for a LONG position as per the Elliott Wave theory. The chart shows the completion of a corrective wave (c) and the potential beginnings of an impulsive wave upwards. This bullish setup is further affirmed by the recent bounce from the 1.618 Fibonacci extension of wave (a), a common turning point for many assets. This pivot presents a prime...
The USDJPY pair's recent price action is capturing the attention of Elliott Wave enthusiasts. It appears that the pair has completed a corrective wave (b) and is now poised to begin an impulsive wave (c) to the downside. The potential for this bearish wave is highlighted by the retracement to the 0.850 Fibonacci level of the prior wave (a). In line with Elliott...
Elliott Wave practitioners might observe a compelling setup on USDCAD for a potential SHORT. The currency pair seems to have completed an upward corrective wave (b), reaching towards the 0.618 Fibonacci retracement level, and is now potentially embarking on a bearish wave (c) journey. This turn aligns with the currency pair's reaction to a confluence of...
The GBPUSD pair is showcasing a potential for a LONG position based on Elliott Wave analysis. The completion of a corrective wave (4) at the 0.5 Fibonacci retracement level from wave (3) suggests that an upward impulsive wave (5) may be forthcoming. This possible ascent aligns with the GBPUSD’s recent behavior, bouncing from significant support levels and showing...
The BTCUSD pair is displaying an intriguing Elliott Wave pattern, indicating a potential SHORT opportunity. After a corrective wave (b) and a recent downturn, we may be entering into the early stages of an impulsive wave (c). Traditionally, wave (c) extends to at least the length of wave (a), often ending near the 1.0 or 1.618 Fibonacci extension of wave (a). The...
Elliott Wave enthusiasts may observe that ETHUSD is currently exhibiting a pattern that leans towards a SHORT setup. The chart showcases the completion of a corrective wave (b) and potentially the start of an impulsive wave (c) downwards, as indicated by the recent pivot at a Fibonacci retracement level. This potential move down comes after a failed attempt to...
Elliott Wave theorists could find the US30 poised for a potential SHORT as we appear to be at the cusp of a bearish wave (c) following the completion of corrective wave (b). This setup is emphasized by the index's struggle to sustain above the 0.382 Fibonacci retracement level, often a pivotal area for market reversals. The implication of this resistance is a...
The latest Elliott Wave analysis on XAUUSD points to a SHORT trading opportunity. After completing an upward wave (b), the pattern suggests the formation of a bearish wave (c), which could potentially lead to a new low beyond the termination of wave (a). The price has begun to decline sharply from the peak of wave (b), signaling the start of what might be an...
Time Frame: 4H Symbol: GBPUSD Entry: 1.24505 TP: 1.23109 SL: 1.25597 Bias: Short For GBPUSD we will short since we see no not so distant future for up move. The inclination is short for this instrument. We urge to take any trade cautiously during non unstable market.
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Hi dudes Observe the money management (Use 1% of your balance for each signal) and the stop loss. To notify the free signals, analysis, follow, boosts, comments, and write questions.
EURUSD analysis buy position. Observe the money management (Use 1% of your balance for each signal) and the stop loss. To notify the free signals, analysis, follow, boosts, comments, and write questions.
Time Frame: 4H Symbol: GBPUSD Entry: 1.24627 TP: 1.26239 SL: 1.23452 Bias: Long The value example of this instrument is reminiscent of a reach bound and low instability set up. We are not extremely hopeful about any solid directional opportunity. We have extended in the graph as per rash move structure.
Eurusd analysis sell position. Observe the money management (Use 1% of your balance for each signal) and the stop loss. To notify the free signals, analysis, follow, boosts, comments, and write questions.
This morning I shorted EURGBP. I spotted a test of a solid falling trend line on a daily, my confirmation to sell was a double top formation on an hourly time frame. Goals: 0.8558 / 0.8553 ❤️Please, support my work with like, thank you!❤️
Time Frame: 4H Symbol: GBPUSD Entry: 1.24723 TP: 1.26064 SL: 1.23591 Bias: Long We are arranging a long trade for this pair. The cost level is contacting a brief time frame support level which will before long return to up course and set out a bullish opportunity.