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Abcpattern

GOING Long in CADJPY Trading StrategyBullish Indications 1. Tweezer Bottom and 3 White Soldiers 2. Tested Strong Support 3. Bullish AB=CD Pattern 4. Bearish Trend is Mature Enough 5. Need to Break Resistance Upper Trend Line 6. Found a very strong bullish divergence on 1D 7. Falling Wedge 8. 11 out of 16 times remain bullish Bearish Indications 1. Lower highs and Lows 2. If it breaks support then we can enter Seasonal Data 2006-2021 Dec-06 => Green Dec-07 => Green Dec-08 => Red Dec-09 => Green Dec-10 => Green Dec-11 => Red Dec-12 => Green Dec-13 => Green Dec-14 =>Red Dec-15 => Red Dec-16 => Green Dec-17 => Green Dec-18 => Red Dec-19 => Green Dec-20 => Green Dec-21 => Green
Long
by hassamsaeed
2
Gold has already started the new bullish cycleMedium-term Gold forecast. The corrective cycle that started 2 years ago has finally ended, and we have already started the new bullish cycle. This cycle is wave 5 (orange) and is expected to reach at least the 2,100 level. We bought Gold when the price was in the Inflection Zone (green area). At this moment, we are risk-free and waiting for the confirmation of the bullish sequence to try to enter again, targeting smaller timeframes corrective cycles. We will keep you posted when this opportunity appears. Have a fantastic trading day.
OANDA:XAUUSDLong
by TradingtheRightSide
📉✌BTC 2H Long Position✌📈BINANCE:BTCUSDT COINBASE:BTCUSD Hello traders, first take a look at my previous analysis and positions. 💥Until price is above yellow area, you can open long positions in two steps. (At green marked levels) The optimum stop-loss is below the determined level. If the price closes Its 4h candle above daily trendline, the ascending trend can go higher than 17520 to 17850, even near 18K. Please share ideas and leave a comment, let me know what's your idea. CrazyS✌
Long
by CrazyS
2
🟢The Start of Big SOL✅️■As you know, The FTT stuff and whole Fake news about Solana made whole Market Red and sol wasn't exception. ●Now recording To Eliot waves, FIBONACCI Numbers and Multiple positive divergences in Day and Week Time frames Price should've Start to rise. ☆As you can see in The chart, Supports, RSI and OS oscillator all sending #Buy signals! Low bond of Bollinger Band at 22$ more and less, so when we turn back to 22$ Area,we Just back in The bond! ▪︎tp1: 22.3$ ▪︎tp2: 37.6$ We are good To go Even Higher soon as FUD sentiments Ends ;) Good Luck 🙌
Long
by Paarham
2
EURUSD - Short opportunityHello, EURUSD's right side of the market is down. At this moment, it is inside a corrective cycle from Sep-22. This correction has an abc structure, and we expect it to reach the green zone before turning down and continuing the USD strength cycle. Therefore we can sell EURUSD once the price reaches the IZ (green area) having as a target, at least, the 0.9555 level. Always keep in mind that risk management is, at least, as important as the entry-level or the SL. Remember the quote “If you do not manage the risk, you will not have any risk to manage” The market is always repeating the same type of defined structures. There are only two main wave types: the motive wave and when the motive wave ends it starts a corrective wave. Within them, there are only 3 motive waves structures (Impulse, leading diagonal , and ending diagonal ) and 5 main types of corrective structures (ABC, WXY, Flats, triangle, WXYXZ (triple correction)) Learning them and being able to spot them in the price action graphs will completely change the way you trade as these structures will provide entry point areas, invalidation levels, and targets for the trade. Have a safe and profitable trading day Please feel free to express your ideas and thoughts in the comment section. DISCLAIMER: This analysis is not intended to encourage any buying or selling of any particular securities. Furthermore, it is only the explanation of what we are going to do and it should not be a basis for taking any trade action by an individual investor. Therefore, your own due diligence is highly advised before entering a trade.
Short
by TradingtheRightSide