
yafrosi88
@t_yafrosi88
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yafrosi88

It looks bearish.I think we would see another bearish impluse wave, after breaking (d) of a 🔺️ triangle. If price goes up and passes (c) , the pattern is then canceled.

yafrosi88

Leading diagonal has formed a wave and now we see b as a flat. If the price doesn't go below (a)3615, I think we may see c wave of (B). It may come strong and quick

yafrosi88

It looks that ABC correction movement is about to finish. My focuse is to see lower low and no up thrust to exceed the previous top,3452.

yafrosi88

It looks the Ethusd is now forming W4: the last wave of ABC.I am waiting to break the last support to get a signal W5 of C is done.Then , we could see the formation of W5 .

yafrosi88

Let's see how Gold would react .if gold is shaping wave 4 as a triangle, we may witness a quick move to 2517 to form wave 5 and finishing either (1-A) .

yafrosi88

I think long position is a good option now for a simple reason.wave 1 of the ongoing bullish trend retraces to 61 fibo forming a wave no.2.in fact, I am in a long position from price 1732 and manage my trade to 1850 minimum.Wave 3 ,as Elliot guidance refers,would extended to 2.61 fibo of the Wave1, or at least, 1.61 fibo.time will examine idea accuracy. kindly note, here I share my ideas and not a good advise to buy or sell

yafrosi88

This scenario will be seen if a price is maintained above 36,666.So I think we will see the new highs in the near future .TP1 40KTP2 46KTP3 50KSL a close of two candles on a 4Hr frame below 36666.

yafrosi88

the main trend on a monthly and weekly basis is still bullish,so I managed to go long from current price to 37331 targeting 39K.stop loss as shown in the chart plus 30% of a zone.TP Done

yafrosi88

here I am thinking about Gold to short, but as you may see,the chart indicates long position.What I want to say is the short positions take profit point is about 1815-1810.Why? because the price will be on the monthly bullish trend and EMA 20 is there almost.I will go long from 1810 and my planned TP will be 1880 and SL 1777.trade wisely it is just a possible scenario

yafrosi88

Gold price could go north to 1955 and I am going to short #Gold from price zone (1955- 1950) according to price action and then I will manually put order.i will exit a position if the price closes above 1966 two candles on a four hour frame.
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