Bitcoin. This is an idea for Bitcoin (BTC/USD) based on the Elliott Wave theory. Once the correction is completed near the 60k mark, the downward (higher level) correction should resume. Potential shorts at the 60k level after the completion of the C wave. Please manage your risk.
Litecoin. This is an idea for the medium term. Please manage your risk.
DXY is in a correction phase. Will soon start the next move to the upside. Look for the price action in the area mentioned. Please manage your risk.
USDJPY seems to have finished its correction. The upside move will continue. The minimum target can be at the previous high level. Please manage your risk.
Wave analysis for AUDUSD. The correction (Wave B) seems to have ended, and the downtrend should continue into the C wave. Please manage risk while trading.
Downtrend channel has broken. The upside move is favoured in this analysis. It can be an ABC correction with the A and B (retracement to 61.8 fib) waves completed and a pending C wave to the upside. Please manage risk while trading.
The long term trend on EURUSD is bullish. This is the correction phase for short term only.
EURUSD is in a long term bullish trend. This is the correction phase for short term trade ideas. Please check the previous analysis of this pair in the link below.
EURUSD is in a long term bullish trend. This is only a short term analysis using the Elliott Wave Theory.
If the 4H candle closes inside the trend channel, it's a good setup for a long position. SL: 79.99 TP: 80.80
It's falling right now. What is the safe level to close the short trade? Any thoughts?
Can be short term or long term. Any ideas?
Can maintain the long trade along the trend line
Any ideas on EURUSD? Is it a good idea to hold on the long position?