According to the behavior of the price in the current support range, possible scenarios have been identified. It is expected that we will see the beginning of the upward trend. If the price crosses the 100% level, the above scenario will be invalid
It is expected that the price will fluctuate in the current support range and then a trend reversal will take place and we will witness the beginning of an upward trend. If the price crosses the 100% level, the continuation of the correction process will be possible
Considering the behavior of the price in the current resistance range, the continuation of the upward trend is likely. It is expected that the upward trend will form up to the range of the resistance trend line
According to the behavior of the index in the current support range, possible scenarios have been identified. It is expected that an upward trend will be formed and advance to the previous ceiling range
According to the behavior of the price in the current resistance range, possible scenarios have been identified. It is expected that the price will cross the resistance range and the resistance trend line and continue the upward trend
4H swing is bearish i-4H swing is break => Current is pullback We look for short opportunities when price rises to internal supply zone 4H: 4 hour i-4H: internal 4 hour
On the 4-hour chart, the EURUSD pair is currently completing its corrective waves. A bullish move is anticipated. However, a potential reversal and correction could occur around the key ABCDE correction point at 1.08221. Despite the possibility of a pullback at this level, shorting the pair may carry high risk. The broader outlook suggests that the bullish...
Comprehensive trading plan NIFTY for 01-Jul-2024 considering different opening scenarios: 1. Gap Up Opening (100+ points above previous close) **Scenario:** - If the market opens above the "Initial Resistance for correction Wave" zone (24,079.00). **Action:** - Look for a potential pullback to the "Strong Resistance at BoS" zone (24,133.90). -...
Last week we saw that from H1, the price completed a 5-wave pattern. According to the Elliot principle, this could be wave A or impulse wave 1 - Whether it is a wave A pattern or a complete wave 1 pattern, the 5-wave pattern is always followed by a correction wave - We expect the abc corrective wave pattern to find a trading setup when wave c completes - As...
We are expecting a bullish momentum for ADA - creating a new wave will be happening soon - Chart clearly says that this coin is preparing to rally but we need to be careful about Liquidity Grabs from the whales since this is a start zone for wave 1 the pump and dump might be happening , spot a good entry price with a good risk reward ratio - LEZ GOO
Idea No : 18 13 out of last 17 ideas were successful and 4 still running, let's move on to 18th although we have seen highs in DXY, this pair is somewhat on the backfoot and ranging currently it is testing some key medium term trendlines and we expect to find support here and move upwards towards our green arrow let's see...
TF: 1 hr Price has been correcting since the Monday dump and is showing signs of relief. Regardless if this move is impulsive or corrective, I think a retest of the 0.618 retracement level at ~$60k looks like a good entry for a move higher. Price could just be correcting more another move down so keeping that in mind and see how price place out is key.
1Inch was in the downtrend, making lower highs (LH) and lower lows (LL). When Higher High (HH) appeared, the downtrend structure was broken, and confirmed with the first Higher Low (HL). Now it should at least retest HH(Target 2) and the prior swing can be used as a partial take profit (Target 1).
Will be watching this one more closely. We have been rangebound for awhile now. With contraction comes expansion, and I think we are close to a breakout to new highs.
As it shows on the chart now, we are in wave C from B from correction ABC. TP 1.790. SL 1.660. my view is buy from current price 1.6940 to 1.790 then we need confirmation to sell to complete 5 waves for C for ABC correction at 1.6025 . CONSIDER RISK MANAGMENT AND USE THIS IDEA IF IT MACHES WITH YOURS.
The Audusd will first go down to make the lower-low then shootup.
In 12H time, it is moving in an ascending channel, which has had three reactions to the dynamic trigger or the bottom of the channel so far. 💎 Therefore, this trigger or ascending channel can be considered valid. However, it has had two negative reactions at the ceiling of the channel in the resistance range, which has not been able to stabilize above this...