First bias we are in an A-B-C zigzag correction where waves A and C are equal After wave C we can expect the price to start selling. The second bias we are in an impulse pattern, of which we are in a 3rd wave phase which could be projected to 1.618 Fibonacci extension level. What do you think what's your view? - Zig-Zag correction - Impulse pattern
Further upside can be expected from USDCAD but we should wait for a minor correction before considering the long direction as of yet. We can expect a classic A-B-C Zig-Zag correction. The impulse pattern lasted longer than expected, with an extended wave 3 projected to about 2.618 Fibonacci levels.
Further upside can be expected from USDCAD but we should wait for a minor correction before considering the long direction as of yet. We can expect a classic A-B-C Zig-Zag correction. The impulse pattern lasted longer than expected, with an extended wave 3 projected to about 2.618 Fibonacci levels.
The USDZAR seems ready to be bullish, no long ago we anticipated a correction for wave (2) which then occurred and traded to a 50% Fibonacci retracement. The upside will last a lot longer we can expect it to break the previous high with a Fibonacci projection of 1.61.8 as that is common for wave 3s to extend to that level.
I set the levels for the global impulse (white) 495.0-237.0 Received the control zone 54.32-26.01 and the global purchase zone 6.41-1.58 The purchase level of this zone is 3.56 Set the levels according to the local pulse (white) 13.3-9.54 Got the purchase zone 4.86-3.47 Total volume price 11.2326 I do not expect a sharp exit, there will be...
We're in a bullish sequence on USDZAR, we're in a wave 3 phase which will unfold as an impulse wave. USDZAR will most likely trade bullish based on inverse correlation where XXXUSD trades on the bearish side. We can expect a minor pullback which may result in a significant buy very soon.
Price will most likely continue moving in the downside direction as a wave 3. Wave 3 is usually projected as a 1.618 Fibonacci extension level.
The purchase was at the level of 1.1545 in the purchase zone of 1.3168-1.0121 Now the price is in a conditional triangle at the level of the market maker 1.9107 The price of the trading volume is 1.4008 The price of the total volume was 2.2786 Events: Exit from the triangle with anchoring Volume Price level test Entrance to the control zone 2.43-3.10 Level...
Price is continuing to trade bearish to complete the 5th wave. Often times wave 1 and 5 are equal so we can use that idea to project wave 5 completion. Price will most likely continue trading in the parallel channel.
Technically we are at the bottom! I buy at this level 0.29! Volume price 0.298 It is very unlikely that we will go lower, but even so it is! It will depend on the project or the market as a whole. In the future, according to the previous impulse, we can reach $11 More precisely, I can say when there will be an exit from the accumulation.
Price is ready to trade bullish, as impulse phase. We finished the corrective level at the 78,6 Fibonacci multiple levels. Wave (A) and (C) are currently equal suggesting that the zig-zag correction is over. The wave (C) of the zig-zag is an impulse pattern. And the impulse confirms that we are potentially over. Waves 1 and 5 are relatively equal as well and the...
We have been stuck in a 4th wave of corrective moves for a while now. We will potentially start trading bearish very soon to complete wave 5 of the impulse sequence before getting any deep and interesting pullback( correction). A few key factors are true waves 1 and 4 no overlapped and wave 3 is not the shortest wave of all.
Mana is in the sweet shopping zone!!! 0,32988-0,24128 Local area 0.314-0.205 The purchase level is 0.254 Global purchase zone 0.314-0.122 The purchase level is 0.211 the price can come to this level The price of the total volume is 0.31094 We are closely monitoring this level!!! The volume price is 0.77702 This is another important level, it will manifest...
The price adjusted on the impulse to the control zone 26435.9-24845.3 Possible event scenarios: Growth from the control zone! A deeper correction to the Global zone 22082.2-19626.3 Most likely shook out the extra passengers!!!
As always after listing, rolled to the bottom! Well! at the bottom. In the purchase zone 0.5656-0.4888 What should I do? It's right to go BY!!! :) ))))) In short, I don't know what kind of project? but we worked out everything technically! Formed in X3? what time will we grow up ? while I see 1.12-X2 Volume price 0.6866 Who needs to TAKE it!!!
Now the price is in the control zone 29458-28698 If we go down, then we go to the global zone 27397-25984 So far we have reached the level of 29076 Just in case, I set the Local zone!! While the global and local zones coincide!!! The volume price is above the current price, at the level of 30287 The last volume was collected at a price of 22983. While the...
Silver is coming lower, now seen in wave five of an extended wave (3) so be aware of some rally, but only temporarily back into the fourth wave which can face some nice and strong resistance at 23.00-23.25 from where I would look for new sell-off. GH
Global Purchase Zone 388.685-275.539 Purchase level 336.268 Local purchase zone 331.297-247.814 Purchase level 293.175 Sweet Shopping Zone 323.856-286.795 Volume price 351.584 Total volume price 373.861 We have just broken through the price of the withdrawal with an impulse!!! At the moment we brought 18.154 billion into the market!!! Perhaps we witnessed the...