I strongly believe the ethereum short positions is going to be taking place soon from my analysis, kindly comment, like and follow if found useful .
its could seen that there has been an impulse movement in the bearish direction, i hope to see a correctional move in a bullish run just immediately after the 5th wave ending .Btc still heading towards the 12k before a good turn over. kindly comment and like the post.
I have carefully examined the chart and i could draw a correctional wave which retraced up to more than 61.8% but not up to 100% of wave 1. A sharp impulsive wave could be seen forming up wave 3 which i am expecting to reach up to 1.618 of wave 1. wave 4 will be a sideways correct which is going to end at the green mark zone. There we can place a buy once we get...
EUR USD HAS FORMED A SIMILIAR PATH IN THE PAST RECORD. I THINK WITH THE 5TH WAVE A FLAT MIGHT BE COOKING UP
we've recently broken through the major resistance zone followed by a retest , an impulsive move has been noticed since then.
should we go long or should we go short? please kindly drop your comments and ideas.
Starting from the left hand side, it could be observed that there is an impulse movement with a 3rd wave extension which has the 5th wave truncated. A ((A)(B)(C)) correction was instantly noticed, this lead to formation of a Bearish Barrier: The upper line (resistance zone) was constant while the lower line (support zone) kept ascending giving life to a barrier...
PLEASE REVIEW CHART, DETAILS SOON BE POSTED BELOW
i have carefully analyzed the proposed movement, EurGbp might under go ...after i have gone through the recent changes. I noticed a recent break out in the recent support and resistance zone, creating the last Abc correction as seen on the left handside. Using the Elliot wave, the primary wave 1 was retraced by 61.8% oby wave 2.The primary wave 3 starting showing...
please review the chart for better understanding
please review the chart for full details. First section shows the impulsive 12345 full move, while the other move indicates a Diagonal wave (ABCDE). I do hope we get a correctional move (ABC) to the first 8.90 zone , before we go long to the 15.90 zone. please like, support and comment if you find it useful.
please review the chart for better understanding of the anaylsis.
A Long position can be traded in the market, as the 5th wave tends to complete the zigzag pattern formation. If we count numbers of zigzags formed, it can be clearly seen the 3-3-3-3-3 Diagonal formation is almost complete. This signifying the possible break out to the 1.628 position. Please kindly check the chart for details. Kindly like, follow and comment...
i have spotted a wedge pattern formation on the NZD_JPY 1 hr chart time frame. I think going long could be set. please tell me your opinion about this. review chart for details, please like, follow and comment if you find it useful.