Correction
Do not trade EURUSD today!EURUSD quickly came back up yesterday after the interest rates.
It doesn't give us any selling opportunities right now.
The levels where price is currently trading are considered a strong resistance and that's why buying is also not recommended.
That's why we would rather wait for a better setup and not trade EURUSD today.
Once we see the market breaking out in either direction, then we will have another chance to enter!
Ethereum Is Slowing Down: Elliott Wave AnalysisCrypto market is slowing down as stocks turned down into a risk-off and the USD rallied across the board. So even strong Ethereum is no exception. In fact, we see a drop from 2k psychological level in five waves, so the market is ideally forming an (A)-(B)-(C) corrective decline. However, nothing moves in a straight line so after the current five waves down in A be aware of a wave B rally. Resistance for a bounce is at 1700-1800.
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AUDCAD it will rise to the middle of the channel
Welcome back! Let me know your thoughts in the comments!
**AUDCAD - Listen to video!
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EURJPY Impulse Wave Correction SHORT from SupplyWelcome back! Let me know your thoughts in the comments!
**EURJPY - Listen to video!
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AUDUSD Local buy from demand zoneWelcome back! Let me know your thoughts in the comments!
**AUDUSD - Listen to video!
We recommend that you keep this pair on your watchlist and enter when the entry criteria of your strategy is met.
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It's time to sell EURUSD After forming a new low, EURUSD has now started a pullback.
The best thing to do is to wait for this pullback to end and then look for entries to the downside.
We should watch out for reversal signals around the levels of 0,9976-0,9996.
If price breaks above 1,0090 then this downside move wouldn't be valid anymore.
Bitcoin Detailed Top-Down Analysis - Day 59Hello TradingView Family / Fellow Traders. This is Richard, as known as theSignalyst.
59 out of 500 days done.
I truly appreciate your continuous support everyone!
Let me know if you like the series, and if you would like me to change or add anything.
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~Rich
DXY start of correction ❌🧨Hello 🐋
Based on the chart, the price is close to the weekly Resistance levels and resistance zone
if
the price doesn't break this Resistance zone to the upside, we will see more correction to the downside ❌🧨
Please, feel free to share your point of view, write it in the comments below, thanks 🐋
US 100 Analysis the impulse wave bearish After the correction is completed, the downtrend will continue
EURUSD before NFP Yesterday this pair broke below 0,9980 confirming the downside move.
Today is the first Friday of the month and we have NFP coming out.
There will be volatility during the news and we could see further confirmation to the downside.
The levels below the parity will act as resistance and we will expect that price should reject them and eventually form a new low.
Once we break below 0,9900 we should see 0,9800 next!
Stops should be above 1,0090 in case of price rejecting the mentioned levels.