Let's see if would work.. Orange box for taking profit and confirming the other targets. Green line for take profit levels. GOOD LUCK!
Price making higher highs on the chart while making lower highs on indicators such as MACD (bearish divergence) which indicates that a correction coming. BUT WHEN IS THE QUESTION?? WHERE IS THE TOP?? Assuming we are forming ongoing flat correction, we are currently finishing sub Wave C of Wave B which as now we seeing it struggling but should hit the red box up...
Gold retracing for Wave 4 and as we can see we are in a channel ( bull flag forming) but we still need another wave down before going higher. FEB red lines: possible top for sub Wave b of Wave C. FEB green lines: take profit levels. Yellow line: strong support line with strong volume so keep a eye on it specially that it intersects with the blue trend line...
Five waves completed inside a wedge and followed by 2 correction and waiting for the 3rd soon. GOOD LUCK!
BITCOIN ONGOING CORRECTIVE WAVE 4 SCENARIO WITH CRAB PATTERN! 21,500 OR 25,500?? GOOD LUCK!
Strong demand zone with falling wedge/ending diagonal pattern. Good Luck!
As expected, price got rejected exactly at 3,716. Now we should see more downside... GOOD LUCK ^^
All what I can see is two scenarios: 1- Dollar goes up to 95/96 area then drop to 82/84 area before heading higher than $103 and finally drop to $63 and possibly $47 2- Dollar goes down to 82/84 area first then head higher than $103 and finally drop to $63 and possibly $47 GOOD LUCK ^^
Red box represents sell area and potential TOP! 1- wait for a rejection with bearish candle then put SL above the wick few points higher or 2- wait for trend line to break then go short at the retest Green box represents the first take profit area! If breaks the box then keep an eye on $38 and $31 ;) GOOD LUCK!
EXPECTING A DROP TO 11,250 AREA! GOOD LUCK ^^
As we can see, it is taking us much more time to go up which means we are moving up in a corrective wave which will take us to a new low once completed. As now, we long and we go short at the top of the channel. GOOD LUCK!
The red lines represent possible tops for SPX 500 so you can open a sell at each level then put SL higher few points so you keep doing this until works and so you will have a great risk to reward ratio. Best of luck ^^