hi dear traders. For today we can watch GBPJPY, as it is about to complete a correction, which seems to be an ABC. price has reached to a strong PRZ and also time factors has been satisfied. we can speculate that this correction is at its end and wait for a conformation to go short. If price manages to hit its Trigger (few ticks lower than 153.663), we can enter...
Hi hope you are well. according to ElliotWave, we are at the ending phase of an ABC correction pattern, and the probability for going low in USDCHF is relative good if price activate our Trigger for short position. This can be low risk high reward situation. Its better to put this on your watchlist. I will answer to your questions, feel free to ask. have a good day.
Hello ladies and lads, there is a good opportunity in EURUSD. I have described the situation briefly in the following lines: 1- Pattern: 5 wave pattern (motive) of C of Bigger ABC. 2- Fib zone: 1st wave projection from end point of 4th: 3.00 3rd wave projection from end point of 4th: 0.382 4th wave extension: 1.272 3- Indicators: MACD :...
Hello dear traders. For upcoming week, i believe that we are gonna see some shorts on USDJPY According to ElliotWave theory. If you look at the Daily chart, you will understand that we are in at the end of the B of an ABC correction. Potentially we are at the start of a short move, C wave, which gonna last for 1 or 2 weeks. with no more talking I am gonna...
Hello Ladies and Lads, hope you are all doing awesome. As it is depicted on the chart, we can see that we are at a potential Time and Price PRZ to see another fall in Tron. The price is hovering under 100 and 200 EMAs at the time that can be a sign of power in sells, and the difficulty for the price to go higher at the moment. If you consider other well-known...
Hello ladies and lads, hope u all are doing great. Based on Elliotwave theory, we probably are right at the end of B of ABC correction pattern. But yet still we do not have a sign of a reversal at the time, but i can see there is a high chance that we see reversal signs that confirm this story for our USDJPY. I have left the tools that i have used to find a Time...
Hey, hope everything is good. Based on elliotWave, i think we are at the end of the 4th in daily TimeFrame. There has been a good Candle around a Fib PRZ which made the pivot for e. 1st tp: top of the declining channel. 2nd tp: if the price goes beyond the confirmation line, the odds will be much higher for longer bullish run. BEWARE that if the confirmation...
Hello, hope you guyz are fine and happy. After a wedge, we are looking at a deformed 5-wave pattern (most likely an leading diagonal) on the chart. In the coming days we should consider some frustration in DXY as it is probably down for a correction. I wish to hear your Ideas on the topic guyz. thank you!
hello ladies and lads. Pattern: Bitcoin can be at the end of its 4th wave and at the start of its 5th wave. Time: we are near to a time Cluster: Second wave ERet: 2.00 fib Third wave IRet: 4.00 fib Momentum: in both Daily and 4H time-frames, DT Oscillator is in Over Bought situation. There is a possibility of short positioning if there would be a strong...