Continuation of the bearish channel. At least 1 last leg down for target. Stop at the top of the last bearish leg down (4 Hour) for best probability. Otherwise there's a pullback on the 5 minutes which is another stop (shorter distance but lower probability). 100- 120 pips safe target.
Following on from previous chart idea for a BIG Monthly AUDUSD short
Looking for a short in this zone Check weekly below.
Looking at either a break of the channel or a continuation.
Big short coming again. Over extended on the channel. GDP q/q news came out negative, due to corona virus impacts on the economy. See monthly chart below.
Going down. Here's my count below. C leg down. First wave Complete, 2 more bigger pushes down. Looking for a buy with confirmation down below after short complete. Sorry about the messy chart. It's my own perspective. Enjoy your trading friends! Remember not to listen to anyone's signals. Trading is a journey of mastering self. So analyse, learn from your...
Shorter Term: I want to see whether the shorter term moves are going to form a channel or a tighter wedge. Looking for 3 pushes up before taking profits, depending on the pattern created and the strength of the bulls/bears. Either way there will MOST likely be a bearish breakout for a pullback, in which i will take profits near the tops (soon). Longer Term: i...
High probability of hitting first target with potential targets. In a trading range. Looks like the shorts have exhausted and Bulls are taking over. Long for now.
Eurpjy reversing on the Monthly/Weekly with strong bullish movement. Looking for price to at least reach the bottom side of that trendline and double tap it as it taped it once before. Another scenario to watch out for is that price COULD neglect that zone/area as buyers keep pushing it up, which would lead to a much bigger move on the monthly/weekly. We...
Buyer's entering the market. Completion of the correction after a Daily mini double top. Expecting price to go up to the previous double top and potentially breakout. ***If breakout fails, possible Trading range on the Daily.
USOIL looks great for a short. 3 pushes up on the C leg up. Price stopped out. Momentum slowed and now it looks like turning. Target, to the bottom. Daily Zone. Goodnight friends!
Becoming more likely to stay within the trading range. The formation of the pattern suggests that we have 2 more waves remaining which should take us to the bottom of the trading range (approx 350pips away). However i could be wrong and we could stop short of that, in the current reversal zone (where the A leg completed) for a bounce and continued uptrend....
Hi fellow traders :) I'm currently shorting this Bitcoin Swing down with the idea that we are undergoing the final C leg of this correction. Afterwards, I'm looking for buyers to enter the market to drive this baby up higher. Of course, this could not happen either and price could come down the bottom of this entire Elliot Cycle and even fall further down....
Hi everyone, i see at MINIMUM a 2nd leg up from the first strong leg. This will set a target at the end of the boxed target in the Daily chart. I'm leaning towards this being an ABC leg. If that's the case, we are currently undergoing the C leg of the correction, in which i want to take profits at the projection. After this, i'm looking for a POSSIBLE retest...
Hi everyone, following on from yesterday, Gold made a rising surge. Those who bought or buying now may be rewarded if we are to be followed through with more bulls. Looks like a pullback is complete at the 50% mark. So far buying is occuring as bulls and bears decided at this critical 50% pullback spot. EXPECTING a breakout of it's MOST recent high.
Hi Traders, Gold rejecting from Reversal Zone. Next 4 hour candle (approx 1 hour left), closes strongly bullish is a good indicator of a potential buy. Bulls entering the market. Please see my previous chart idea as this is a continuation of that.
Hi everyone :) Please look at the left side charts only. The Daily shows a possibility of a Trading Range, with also a possibility of upward trend continuation. Smaller Time frame (bottom left chart). We are at a critical point where we'll see whether price will drive up with buyers entering the market. Especially since we've completed a 2 legged ABC...