Broken Trendline Keeps USDMXN In Downtrend For Wave 5 from technical point of view and by Elliott wave theory. USDMXN shorts are doing very well as we mentioned and highlighted on October 12, when we spotted a corrective recovery in wave (4). As you can see today, USDMXN turned nicely down from projected resistance and it can be headed much lower as bulls...
Hello TradingView Family / Fellow Traders, 📉 After a 130% surge , BITRUE:SKLUSDT has entered a correction phase and is currently trading within the descending blue channel. 🏹 SKL is presently approaching a robust demand zone highlighted in green. Therefore, as the price approaches this zone, we will be seeking trend-following buy setups on lower...
The redistribution of the coin occurred in the Control ZONE 0.0458-0.0870 The average volume price is 0.656 We are going to unload in the ZONE 0.293-0.989 To the level of 0.489
The price has again descended to the purchase zone 224.1-186.2 The price is below the volume price 242.5 The price is in the global accumulation zone 267.7-199.2 With a high probability, this is a re-test of the purchase zone and the Local zone. Follow the news around Binance!!!
This may be against the trend or as my friend says "going against a tsunami" but there's technical evidence to suggest that we may see a drop in Gold for the next couple of months. On the monthly timeframe we appear to be in wave 3 - which is made out of 5 impulsive subwaves. See below: Wave 2 and Wave 4 are ABC corrective waves and on the weekly timeframe we...
The price is in the Global Buy zone 0.0732-0.0226 Local purchase zone 0.0457-0.0230 The purchase level is 0.0363 The way out of the triangle is Vague!!! Is it possible to return to the Local ZONE ??? The price of the total volume is 0.0491 Potential for the future-$43 The DOT ecosystem is developing!
The price is still in the Global accumulation zone, as soon as it leaves it beyond the level of 0.703 with consolidation, this will mean the beginning of global growth of the asset!!! The purchase levels under the "Impulse" strategy were: Global 0.413 Local 0.410 Buy zone 0.497-0.348, level 0.416 I don't see the strength yet! it is possible to return to the zones:...
5M chart allowed to enter early Aggressive trend trade 8R - short impulse + resistance level + biggest level T1 + biggest level 2Sp- + weak test + below first bullish bar closed entry Calculated affordable stop 1 to take profit (can extend to 1 to 2 of 1H if closes volumed Sp) 1H chart situation + long balance + resistance level - expanding ICE level 1D chart...
After careful analysis, it's clear we've entered a bull market for BTC. The global correction wave 4 concluded in November 2022, and the recent price actions offer confirmation. Here are the key takeaways: The trend from 23rd November 2022 presents as a robust bullish impulse. All impulse waves and corrections looks nice and well-balanced. The waves within...
Bitcoin is currently trading below a local SFP level and is looking to cool off a little bit over the weekend, possible coming back down to the golden pocket mapped out below (Orange Double Lines). If it does reach that zone, I would expect price to keep climbing in the short term, but anything can happen. Lets see how this all plays out. This is a great area...
The asset has again entered the buying zone 3.648-2.625 Touched the purchase level of the local zone 2.910 It is below the global purchase level of 3.624 It is below the volume price of 4.229 My pending order 2.910 was triggered Stop order 2.09
We're in a bearish impulse pattern. Waves 1 and 4 not overlapping. The wave 4 touched the 38,2 Fibonacci retracement level.
We're approaching a corrective phase. Price has completed the impulse sequence with waves 1 and 5 equal potential sell-off.
We can expect a bullish push from the USDCAD this upcoming week to complete the 5th wave. We touched the 38,2 Fibonacci retracement level. Keep in mind that waves 1 and 4 never overlaps that allows us to have invalidation level.
Silver is currently in wave 2, which appears to be a 335 flat correction. Wave A had 3 waves and now we're in wave B where we're expecting another 3 wave structure. It appears as the bottom is in so we can use the lows as invalidation level. Trade Idea: - you can either enter now with stops below the lows - Or wait for a pullback (retracement) and enter with...
FTM price is in the global buy zone 0.27-0.12 The purchase level of 0.19 is below the volume price - 0.2407 The price of the total volume is 0.0174 Test: A new purchase level has appeared on the chart! (green dotted line) 0.1831
The control zone 0.45-0.25 has been worked out Now the price is in the buy zone 0.08-0.025 Purchase level 0.048 :) The price of the total volume of 0.048 Corresponds to the accumulation level!!! Exit from accumulation to the zone 0.11-0.18 ? 0.03732!!!
The control zone 0.15-0.089 has been worked out Now the price is in the buy zone 0.03-0.01 Purchase level 0.01854 :) Total volume price 0.037