#EURUSD is moving as we expect For #EURUSD as I have mentioned in my daily view, the market should goes down for completing sub-wave B. This bearish movement would continue @least for one week. If you are in sell position, keep your SL at 1.21512. Our first target would be 1.1923.
Let’s see ENF will give us what we want or not.
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Shortposition
BNB/USDT neutralBNBUSDT
The price channel you see is above the midline price
That we have to wait for the price to break from the ceiling and raise the public
Complete the canal roof and then enter but if the price could not
Have an upward advance after defeating the midline upwards
The bottom is suitable for a selling position
#EURUSD is going to go downFor #EURUSD you must be in sell position if you have entered by breaking ENTRY LEVEL WITH MORE RISK. It is possible that the pair will have a bullish trend for 10 to 12 hours. Please note that I have shown another ENTRY LEVEL WITH MORE RISK.
SL is at 1.21512. Our first target would be 1.1923.
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#GBPUSD a good sell positionFor #GBPUSD my daily view is that it is in wave C. Our first target would be at 1.36423 but it could drop till 1.35026. The bearish movement will continue @least for one week.
If you are in sell position keep your SL at 1.40136.
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#EURUSD is going to go downFor #EURUSD my daily view is that we are in a sub-wave B. This bearish movement would continue @least for 14 days. If you are in sell position, keep your SL at 1.21512. Our first target would be 1.1923 and it can go down till 1.18027.
#eurusd #trading #forextrading #elliottwave #elliott #tradingview #elliottforecast #elliott_wave
#NZDUSD look for a bearish movementFor #NZDUSD my daily view is same as #AUDUSD and the wave B has been completed (it is approved by pattern, time and price) and the bearish move has been started. We will have this movement @least for 10 days in order to complete wave C. The most probable target is 0.678. But keep in mind that 0.697 is also a very strong support.
So, if you are in sell position, keep your SL at 0.72897. There may be other entry point, which I will update, if I have enough time.
#nzdusd #trading #forextrading #elliottwave #elliott #tradingview #elliottforecast #elliott_wave
#GBPUSD a good sell positionFor #GBPUSD it is in wave C. so seems that it will finish sub-wave 2 (which I guess won’t finish in next 10 hours).
Here I show two ENTRY LEVELs. You can enter in both of them. The stop loss should be at INVALIDATION LEVEL.
We will update for targets. BE PATIENT.
#gbpusd #trading #forextrading #elliottwave #elliott #tradingview #elliottforecast #elliott_wave
EUR/USD POTENTIAL SHORT IDEA 1D, 2 TARGETSGood evening FX traders, wishing you all a profitable week as always.
EUR/USD has been making lower highs in the daily timeframe. We can observe price is under pressure under the 5-month resistance from which we hope we can enter a short position with the targets as seen above.
**This is just my forecast based on my own interpretation/analysis, you are not obliged in any way to follow it.
XAUUSD PRE-MARKET ANALYSIS 12 APRIL, 2021OVERALL TREND DIRECTION- BEARISH ON THE DAILY TF. Corrective and ranging on the 4H TF. We can see that price has made a double top pattern and may potenially look to make lower lows to respect the overall move to the downside.
The 2 potential short scenarios this week are as follows.
Scenario 1 will follow a break and retest of that support level to the downside.
Scenario 2 will follow a bounce off that key structure level and a rejection off of the most recent high to the downside, where we can look for short opportunities to continue the bear momentum.