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TriciaWilson
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Posts posted by TriciaWilson
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BTC/USD Wave Analysis
~~ Bitcoin has been in a bullish correction for the last few days.
~~ The limping move to the upside could be interpreted as wave B.
~~ Now, we expect a wave C move to the downside. -
NZD/USD Technical Analysis
~~ The counter has formed a double top pattern in the short-term.
~~ Further, it has broken down with a strong bearish candle.
~~ The formation interpreted a solid distribution around 0.667 levels.
~~ Hence, we expect the pair to slide down from here. -
EUR/JPY Technical Analysis
~~ The counter has made a retest of the broken head and shoulder neckline.
~~ It has made the retracement in the form of a bearish flag and has broken down from it.
~~ Further, it has crossed critical support of 123.9 and hence we expect the pair to be bearish in the short-term. -
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Hello Traders, Im a pro with 7+ years of experience in the market. I want to help out retail traders. So, here I post some of my long-term and short-term setups and crisp points of the reasoning and my conclusion. Hope it benefits you.
BTC/USD Technical Analysis~~ BTCUSD pair has been in the bullish movement.
~~ Now, it was consolidating @ 10894 after breaking the symmetrical triangle pattern.
~~ Hence, we are expecting that it will be rebound to the upward movement further in the near term.
Long-term and Short-term Setups
in Technical Analysis
Posted
EUR/USD Wave Analysis
~~ The counter is currently forming an ABC correction.
~~ It is now in its second leg which is of the wxy wave form.
~~ Now, the pair is making a bullish move to complete the wave y and hence we expect the pair to be bullish in the near-term.