niktraders

niktraders

Hello everyone Before we start a discussion, it is my pleasure to read your opinion on this post's comment section and support this idea with your likes if you enjoyed it! SOLUSDT : As you can see, the price is moving in the parallel channel and you can sell in the upper line and buy in the lower line of the channel until the price breaks the channel. Now, it...

niktraders

Hello everyone Before we start a discussion, it is my pleasure to read your opinion on this post's comment section and support this idea with your likes if you enjoyed it! BTCUSDT : Bitcoin is printing a bearish ABC pattern, at the same time, the price reaches the upper line of the potential parallel channel. I determine the most probable price and time reversal...

niktraders

Hello everyone Before we start a discussion, it is my pleasure to read your opinion on this post's comment section and support this idea with your likes if you enjoyed it! the price reached an important resistant zone, then it reversed and braked the correctional parallel channel. I expect further bearish movement due to the channel breakout.

niktraders

Hello everyone Before we start a discussion, it is my pleasure to read your opinion on this post's comment section and support this idea with your likes if you enjoyed it! GBPJPY : the price is moving in the parallel channel and now, the price reaches the upper line of the channel. We can expect a bearish movement to the lower line of the channel. So, my target is...

niktraders

Hello everyone Before we start a discussion, it is my pleasure to read your opinion on this post's comment section and support this idea with your likes if you enjoyed it! KCSUSDT : A big channel and a smaller parallel channel can be seen. The price reached the upper line of the bigger channel and then reacted to the line and reversed. At the same time, we see the...

niktraders

Hello everyone Before we start a discussion, it is my pleasure to read your opinion on this post's comment section and support this idea with your likes if you enjoyed it! GBPUSD : the price reached a very strong resistant zone (static resistant) and 61.8% retracement of previous bearish wave. A minimum bearish wave to 50% retracement of this current bullish wave...

niktraders

Hello everyone Before we start a discussion, it is my pleasure to read your opinion on this post's comment section and support this idea with your likes if you enjoyed it! NZDCHF : A falling wedge pattern is seen. the price breaks the falling wedge and we can expect a bullish wave. This falling wedge is forming wave 5 of Elliot count. Let's see my previous...

niktraders

Hello everyone Before we start a discussion, it is my pleasure to read your opinion on this post's comment section and support this idea with your likes if you enjoyed it! NZDJPY : the price moved in the falling channel and then braked the upper line of the channel. We can expect a bullish wave because of breakout of an ending channel. You can place your stop loss...

niktraders

Hello everyone Before we start a discussion, it is my pleasure to read your opinion on this post's comment section and support this idea with your likes if you enjoyed it! GBPAUD : the price reached a Wave 5 and reacted well to the PRZ of wave 5. At the same time, this PRZ for W5 coincides with a strong resistant zone. I show the daily chart below. You can place...

niktraders

Hello everyone Before we start a discussion, it is my pleasure to read your opinion on this post's comment section and support this idea with your likes if you enjoyed it! we see an ending channel and the price reaches the upper line of the parallel channel, at the same time, we see a divergence between the price and MACD oscillator. Byers weakness is obvious...

niktraders

Hello everyone Before we start a discussion, it is my pleasure to read your opinion on this post's comment section and support this idea with your likes if you enjoyed it! NZDCHF : Possible Elliot counts are shown on the chart. we can see two patterns: 1: the bigger ABC pattern. 2: the C arm of the ABC pattern includes 5 waves and the price reached the end of wave...

niktraders

Hello everyone Before we start a discussion, it is my pleasure to read your opinion on this post's comment section and support this idea with your likes if you enjoyed it! the price breaks a valid channel that lasts for two years. Now, this valid channel is broken, this means a beginning of bearish waves that may last for multiple months. So, a bearish outlook for...

niktraders

Hello everyone Before we start a discussion, it is my pleasure to read your opinion on this post's comment section and support this idea with your likes if you enjoyed it! AUDUSD : the price breaks a corrective parallel channel and further bearish movement is expected. I am waiting for a upside pullback to go short.

niktraders Updated 

Hello everyone Before we start a discussion, it is my pleasure to read your opinion on this post's comment section and support this idea with your likes if you enjoyed it ! I label possible Elliot count on the chart. The price finished a 5 waves pack and now, I expect at least a bullish corrective wave. the target and the stop loss are shown on the chart. I use...

niktraders

Hello everyone Before we start a discussion, it is my pleasure to read your opinion on this post's comment section and support this idea with your likes if you enjoyed it! TRXUSDT : the price breaks the parallel channel and further bullish movement is possible. I am waiting for a pullback to long TRXUSDT for a good R/R ratio. My target is shown on the chart.

niktraders Updated 

Hello everyone Before we start a discussion, it is my pleasure to read your opinion on this post's comment section and support this idea with your likes if you enjoyed it ! Others dominance shows people inclination to buy large Cap coins like BTC or other smaller cap coins. the price is moving in the parallel channel for 6 months. this is a valid and reliable...

niktraders Updated 

Hello everyone Before we start a discussion, it is my pleasure to read your opinion on this post's comment section and support this idea with your likes if you enjoyed it ! this is an update of my last analysis. Others dominance shows people inclination to buy large Cap coins like BTC or other smaller cap coins. the price reached the upper line of the ascending...

niktraders

Hello everyone Before we start a discussion, it is my pleasure to read your opinion on this post's comment section and support this idea with your likes if you enjoyed it ! BTCUSDT : a possible Elliot count is shown on the chart. I use these points for my analysis: 1- pattern: After the completion of 5 bullish waves, the ABC correction is seen and the price...