It seems like we may have a complete running flat between the green lines. If this is the case, a reversal structure should be in the making. I'm waiting for a trade setup on the lower time-frame to sell it. The second scenario is a correction over the blue trendline and more upside. That's why I'll try to move SL to BE around trendline if I take a trade.
We may have a complete correction, and if so, we should have a reversal structure. That's why I've placed a pending order over the last top. If I see a small trade setup after the correction, I'll modify my entry price and lot size accordingly.
Although we have a new high, the previous monthly top (the red A), which is shown by the dashed line, hasn't been broken yet. This means, the monthly structure remains a running flat. That's why I want to take a short trade. Structure-wise, the minimum target will be 73.700, but it won't be my trading target since it will take a long time to get there. I placed a...
I think a huge correction between the red lines is made, and the last low can be the end of it. The last part looks like a squeezing channel, which is one of the best reversal patterns. Although everything looks good for upside, it's still in the channel, and it can come down more. What we have after the last low looks like a reversal structure. Now, I'm waiting...
On the daily scale, a running flat should be in the making, and it seems like we need an upward impulse for a complete wave B inside that daily running flat. So, I'm looking for long trade setups. As you can see, we got a bounce-back, which can be the reversal impulse, after a new low, which can be the end of the wave C. Now, I'm waiting for a correction to place...
Winter and Autumn is coming and electricity energy increase because every air conditioner turning off, gradually mining and miner increase and BTC start bullish. This is just my analysis and not signal for buy or sell. Good have a profit
We may have a complete correction, and if this is the case, we should have a reversal impulse. Now, I'm waiting for a small correction to place a pending order. The only thing that I didn't like here is the depth of the blue ABC. Even 0.382 retracement level has been reached. Of course, it can be a shallow correction, or we can have a bigger one. We'll see that...
The red B probably is the end of the monthly expanding flat. Then we got a reversal impulse, and a running flat. The last top can be the end of the 2nd wave, and we may have a reversal structure. That being said, a correction and more upside is still possible. That's why I'm waiting for a small trade setup to place a pending order. I'll move SL to BE at the new low.
It isn't one of the best shaped and clear one, but what we have here might be an ending diagonal after an upward impulse for a decade. If this is the case, we should see a downward impulse as the wave A of a yearly corrective structure. So, we can assume that the next wave will be pretty big and fast. That's why I keep looking for short trade setups. If the last...
After the expanding flat, which ended at blue C, a reversal impulse and correction between the blue lines have come. After the last top, we got a lower degree impulse and a correction between the yellow lines, which seems like a complete one. Then another reversal impulse and correction between the purple lines. The issue is that correction because it seems odd. I...
I think a weekly running flat is in the making and the current upward movement is the C wave of the B. That's why my forecast is more upside to 32. That's why I'm looking for a long trade setup, and a complete correction over the yellow trendline will be a valid one. As you can see, I annotated two options. It seems the white one is more likely because I don't...
It seems like a running flat is in the making on the bigger picture, and the last low can be the end of the wave B inside the wave B of that structure. So my forecast is the wave C and what we have after the last low can be the reversal pattern. Now, I'm waiting for a correction after the potential reversal impulse and a small trade setup to place a pending order....
My main forecast is the blue C wave for the completion of the correction. But there is another option too. Based on that wave count, the yellow B can be the end of the correction, and what we see after that can be a reversal structure. So, in both cases, we should see more downside. That's why I want to take a short trade. To do so, I'm waiting for a small...
It looks like a channel is in the making at the end of the upward impulse. The last top can be the end, or we may see more upside inside the channel. For now, that part is not clear, but it is that the channel is one of the strongest reversal patterns. That's why I will take a short trade if I see a correction after the potential reversal impulse.
In some time, Gold will consolidate first, touch at 1754-1755, and after that it will go higher. Targeted profit at the price of 2065 (1.618 Fib Extension). Note: Please keep in mind that no one guarantees the analysis will be 100% as expected. It all comes back to your own analysis, money management and risk management.
Hello everyone, So my thoughts on BTC is that we are in the redistribution phase, which means a second peak (but not as high) as the previous 65k peak. Look how the red lines perfectly line up.. i think BTC might try to test this with some kind of fakeout. Imo we could see 44-45k soon, 40k retest (black line) and after this maybe a final push before going down....
The blue ABC can be a complete correction, and if so, we may have a complete reversal structure as well as a trade setup. That's why I placed a pending order under the last low. If it makes a proper correction and a small trade setup, I'll update my entry price and lot size accordingly. Based on the bigger picture, the other scenario is a correction, which will be...
I think a big running flat is in the making on daily scale and the last top can be the end of the wave B. If so, we should have a reversal impulse. My expectation is the purple C for a complete correction. Then I'll wait for a trade setup to place a pending order. That being said, the purple A can be the whole correction. In this case, I'll need more downside and...