The advance from Mar 24, 2023 low of 86.06 subdivides into five waves. Notice that this price action contains overlapping waves that contract and form a wedge shape. That is the emblem of an ending diagonal which cues a swift and dramatic reversal on the horizon. According to Elliott Wave guideline, the expected reversal is projected to reach at least the point...
Analysis A five wave decline from 107.34, the high on Oct 03, 2023 to 100.62, the low on Dec 28, 2023. In Elliott terms, this impulse structure tells us that the movement at the next larger degree of trend is also downwards. Within this impulsive structure, wave (i) is a Leading Diagonal, wave (ii) is a Flat which neatly predicts a Zigzag wave (iv) by...
Analysis The advance from Oct. 03, 2023 low of 1.0448 to 1.1140 subdivides into five waves. This wave pattern is significant because impulse waves identify the direction of the dominant trend. Thus the five wave advance implies further buying to come that would take prices above 1.1140 as wave 3. The subsequent decline in EUR/USD is developing in three...
Prices advanced in five waves from 0.6477 to 0.6667. This wave pattern is significant because impulse waves identify the direction of the larger trend. Thus, the five-wave advance in AUDUSD implies further buying to come that would push prices above 0.6667 as wave (iii). The subsequent decline that is developing in three waves supports this analysis. Counter trend...
Yesterday after the US Cpi, Dollar moved on the upper foot and turned strong, And hence there was a short selling across on Commodities, Today we will expect an impulsive force from this level for Re-selling Gold again.
Buy GBPAUD at current price 93350 - 93600 and hold till Friday TARGET POINT WILL BE 194200-194300
Dear Forex Trader, We have analysed the chart here, it looks negative or bearish so you can plan your trade accordingly .... However do not execute trade until it doesn't break the trenline .... Educational Purpose only , Trade safely ....
Forex overview - Aud/Cad symmetrical triangle breakout.
Audnzd has shown a breakout after a bullish impulse move and consolidating. We are expecting price to continue moving upside.
following downtrend in big tf eurusd liquidated at supply zone shorting can be done over here
Chart Type : Candlestick, Monthly Chart, Pattern : Ascending Triangle Pattern. @forex Bullish View. Eurgbp Target : 0.9300, 1.30580+++ SL : 0.84900 Risk is yours and Reward is too yours totally
Usdcad can be traded in both direction Long can be traded in ltf and short opportunity can be obtained at htf supply zone above
Usd cad seems to be bearish soon . It can be rejected from the major supply zone after grabbing the liquidity
Usdjpy sell now @145.787 Sl 152.000 Target one 143.723 Target two 141.180 Target three 138.638 Target four 135.019 Target five 130.409 Target six 127.500 Target seven 117.095 Open this trade with 0.01 lot each position open seven positions i recommend all of you only open this trade if u have equity more than 500 usd then only open this trade otherwise ignore but...
Hello traders, welcome to the first long video analysis for the NZDJPY pair on this channel. Let's dive into the analysis for NZDJPY. Currently, we are looking at the 1-day timeframe. As we can see, the pair is in an uptrend, forming higher highs and higher lows. In summary, we can confidently label this as a bullish trend on the daily timeframe. Now, let's...
AUD/NZD at the support level. Looking for a bounce here from these levels.
1) Uptrend 2) Price is above EMA 3) Moving up From their Strong support 4) Fundamentally NZDUSD Is looking LONG 70% Technical 30% Fundamental
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