EURUSD H1Hi traders, EURUSD is setting up for a upside move watch correction to form in a lower timeframe and break GOOD LUCK.
Correction
CADCHF H1Hi traders, CADCHF is setting up for a breakout of correction watch a sharp breakout and look for long GOOD LUCK.
EURGBP Short Term Buy IdeaH4 - Price has broken above a strong resistance zone and is currently holding above it.
Higher highs.
No opposite signs.
H1 - Currently it looks like a correction is happening.
Bullish hidden divergence.
Until the two key support zones hold my short term view remains bullish here.
NATGAS Will Go Up! Buy!
Hello,Traders!
NATGAS fell sharply from the highs
But a rising support is nearby
So a bullish correction is ahead
With the target being the resistance above
Buy!
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HEX Is Coming Into Strong SupportCryptocurrency HEX is one of the weakest for the least year, but from Elliott wave perspective, we can see it finishing an A-B-C corrective decline from all-time highs.
Wave C is a motive wave and it should be completed by a five-wave cycle of the lower degree and you can see, it can be now trading in final stages of wave 5 of C.
From technical point of view, we can see it approaching important and strong 0.03 – 0.01 support zone at the former lower degree wave 2 and higher degree wave IV, from where we can expect a bullish reversal. However, keep in mind that bulls can be activated only if we see sharp or impulsive recovery back above 0.10 region.
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LYFT: Uplift due?LYFT Inc
Intraday - We look to Buy at 12.19 (stop at 8.59)
Daily signals for sentiment are at oversold extremes. Prices expected to stall near trend line support. We expect a reversal in this move. Dip buying offers good risk/reward. A higher correction is expected.
Our profit targets will be 22.86 and 29.00
Resistance: 23.00 / 45.00 / 66.00
Support: 12.00 / 6.00 / 3.00
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A new low on EURUSD On Friday EURUSD reached the target at 0,9685 and this morning we have another 100 pips drop!
In moments like this, it is pretty obvious why we should trade with the trend!
The only thing that we have to focus on is a possible pullback and a continuation lower.
The next support level is at 0,9510!
NIFTY 50, WAVES- REUPDATED!!in my previuos analysis of nifty50 waves(i will mention the link), i had drawn the waves which existed with the 2 major black line(drawn out in chart), i had thought nifty 50 will complete its 5 wave bull run impulsve movement, in that trend itself. but due to the affect of US markets, nifty is fluctuating(same acts for NIFTYIT too), so it will now hold that support(drawn in black line), which is drawn from the markets getting consolidating, after the 2020's bull run. and end up in same trend line which was going previously.
today(23rd sept), when the markets opened which gave a breakdown to my analysis, i had drawn out the purple line, and today the same days when markets got closed, supporting my line, i am confirmed now with my waves.
therefore this analysis even says that US markets will also recover very soon, and will give its bull run.
EURCADHi traders, EURCAD is setting up for a downside move watch a sharp move to the downside in a lower timeframe and look for short GOOD LUCK.
ALGO SHORT TERM IDEAAlgo for sure wont stop here looking for more upside to OB and to touch that wick from there correction can hapen
The potential downside of goldhello traders
gold under the bears
The current rise is just a correction and its liquidity has been seized. The price of gold may collapse at any moment
GBPUSD Correction Phase Expected After The Bearish Impulse MoveGBPUSD has been trading in a bearish trend for a long time now and its safe to say as we broke the 1.14010 low. But on the 4 hour timeframe we saw a complete clear impulse move which all guidelines are not violated so we can possible expect a correction to the upside in this case I wouldn't suggest an impulse move up as we realise overall we are in a strong downtrend by simply looking at market structure every time we saw a bit of pullback it didn't last it was followed by a strong bearish move this move is not any exception.
Well it can be any corrective move but we can at least expect a zig-zag as its very common. The idea is long term we are still bearish but we can take advantage of short term pullback moves.
CHFJPY H1Hi traders, CHFJPY is setting up for a downside move watch price action and look for short GOOD LUCK.
