TriciaWilson Posted October 9, 2020 Share Posted October 9, 2020 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. Quote Link to comment Share on other sites More sharing options...
TriciaWilson Posted October 12, 2020 Author Share Posted October 12, 2020 USD/JPY Technical Analysis ~~The counter broke the resistance of 105.8 but was unable to sustain above it. ~~ It has then encountered a strong sell-off and has broken a bullish trendline. ~~ Hence, we expect the pair to be bearish in the near-term. Quote Link to comment Share on other sites More sharing options...
TriciaWilson Posted October 13, 2020 Author Share Posted October 13, 2020 AUD/CHF Wave Analysis ~~ As we suggested earlier, the counter is currently in an ABC and has moved down significantly. ~~ Now, it is forming a triangle in the short-term charts. ~~ We advise our users to either sell at the resistance of 0.665 or when the price breaks down below 0.651. Quote Link to comment Share on other sites More sharing options...
TriciaWilson Posted October 14, 2020 Author Share Posted October 14, 2020 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. Quote Link to comment Share on other sites More sharing options...
TriciaWilson Posted October 15, 2020 Author Share Posted October 15, 2020 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. Quote Link to comment Share on other sites More sharing options...
TriciaWilson Posted October 16, 2020 Author Share Posted October 16, 2020 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. Quote Link to comment Share on other sites More sharing options...
TriciaWilson Posted October 19, 2020 Author Share Posted October 19, 2020 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. Quote Link to comment Share on other sites More sharing options...
TriciaWilson Posted October 20, 2020 Author Share Posted October 20, 2020 USD/CHF Wave Analysis ~~ The counter is currently in an ABC correction. ~~ It is now in its final stage for wave B looking out for support. ~~ We expect the pair to find its support around the current price point and head higher. Quote Link to comment Share on other sites More sharing options...
TriciaWilson Posted October 21, 2020 Author Share Posted October 21, 2020 AUD/USD Wave Analysis ~~ The counter is currently forming an ABC correction. ~~ It has completed the w and x waves of the wave B and is now moving up to form a wave y. ~~ Hence, we expect the pair to be bullish in the near-term. Quote Link to comment Share on other sites More sharing options...
TriciaWilson Posted October 22, 2020 Author Share Posted October 22, 2020 EUR/USD Technical Analysis ~~ As we mentioned in our previous post, 1.18700 is a strong resistance for EUR/USD. ~~ Now, it has formed a head and shoulder pattern at the zone and is coming down strongly. ~~ The next support is only at 1.17500 and we expect a free ride to bears till then. Quote Link to comment Share on other sites More sharing options...
TriciaWilson Posted October 23, 2020 Author Share Posted October 23, 2020 AUD/CHF Wave Analysis ~~ After completing a bearish cycle, the counter is limping up to complete ABC correction. ~~ It is forming a wave A in the form of a bearish flag. ~~ We expect it to render a bearish breakout to form wave B. Quote Link to comment Share on other sites More sharing options...
TriciaWilson Posted October 26, 2020 Author Share Posted October 26, 2020 USD/CAD Technical Analysis ~~ The counter has bounced off strongly from the support 1.31, after trapping the bears with a fakeout. ~~ Now, it has taken down a bearish trendline as well. ~~Hence, we expect the pair to be bullish in the short-term. Quote Link to comment Share on other sites More sharing options...
TriciaWilson Posted October 27, 2020 Author Share Posted October 27, 2020 CHF/JPY Wave Analysis ~~ After completing a 5-wave bull cycle, the counter is currently in an ABC correction phase. ~~ It is now at a strong price action support zone and at the final stage of wave A. ~~ Hence, we expect the pair to be bullish in the near-term. Quote Link to comment Share on other sites More sharing options...
TriciaWilson Posted October 28, 2020 Author Share Posted October 28, 2020 NZD/USD Technical Analysis ~~The counter was in a consolidation phase after a solid down move. ~~ The consolidation resembles a bearish flag pattern. ~~ Further, the entire setup could be interpreted as a head and shoulder pattern. ~~ Hence, we expect the pair to be bearish in the near-term. Quote Link to comment Share on other sites More sharing options...
TriciaWilson Posted October 29, 2020 Author Share Posted October 29, 2020 EUR/USD Technical Analysis ~~ As we suggested earlier the counter is in an ABC correction and pushed down at the resistance zone. ~~Now, the bearish flag formation has also broken down, validating the wave C. ~~ Hence, we expect the pair to be bearish in the short-term. Quote Link to comment Share on other sites More sharing options...
TriciaWilson Posted October 30, 2020 Author Share Posted October 30, 2020 EUR/USD Technical Analysis ~~ As we suggested earlier the counter is in an ABC correction and pushed down at the resistance zone. ~~Now, the bearish flag formation has also broken down, validating the wave C. ~~ Hence, we expect the pair to be bearish in the short-term. Quote Link to comment Share on other sites More sharing options...
TriciaWilson Posted November 2, 2020 Author Share Posted November 2, 2020 EUR/GBP Technical Analysis ~~ The upside movement of the pair is capped by a bearish trendline. ~~ It attempted a breakout but fizzled out and the price action has formed an H&S pattern instead. ~~ Hence, we expect the pair to be bearish in the near-term. Quote Link to comment Share on other sites More sharing options...
TriciaWilson Posted November 3, 2020 Author Share Posted November 3, 2020 EUR/USD Wave Analysis ~~ The counter had completed its long-term wave 4 with an ABC correction. ~~ It had bounced off from the lows strongly by crossing the resistance at 1.1706. ~~ Further, if the price sustains at a higher level for the day, it could be interpreted as a morning star formation. ~~ We expect the pair to race away to highs and complete the wave 5. Quote Link to comment Share on other sites More sharing options...
TriciaWilson Posted November 4, 2020 Author Share Posted November 4, 2020 ~~ The counter has been consolidating in a sideways correction for the last few days. ~~ It could be interpreted as an ABC correction and the recent down move as wave B ~~ We expect the pair to find support in this zone head higher. Quote Link to comment Share on other sites More sharing options...
TriciaWilson Posted November 5, 2020 Author Share Posted November 5, 2020 EUR/CHF Technical Analysis ~~ The counter has formed a dragon pattern. ~~ In a downtrend, it made a 38% retracement from the low and then rendered a false breakout. ~~ Further, it is on the verge of breaking out the trendline (a break validates it). ~~ Hence, we advise traders to be long in the counter once it crosses 1.730. Quote Link to comment Share on other sites More sharing options...
TriciaWilson Posted November 6, 2020 Author Share Posted November 6, 2020 USD/CHF Wave Analysis ~~ The counter has been in a downtrend since the start of this year. ~~ The price was consolidating in a narrow for the last few months which could be interpreted as wave 4 of Elliott wave. ~~ Now it is on the brink of rendering a bearish breakout. ~~ We expect it to breakdown and complete wave 5. Quote Link to comment Share on other sites More sharing options...
TriciaWilson Posted November 9, 2020 Author Share Posted November 9, 2020 Crude Oil Wave Analysis ~~ The strong upmove from below zero levels in the crude oil was consolidating for the last few months. ~~ It could be interpreted as wave 4 of Elliot wave which also resembles a bullish flag pattern. ~~ We expect the pair to be strongly bullish after it crosses the resistance at 41.90. Quote Link to comment Share on other sites More sharing options...
TriciaWilson Posted November 10, 2020 Author Share Posted November 10, 2020 CAD/CHF Technical Analysis ~~ The counter has consolidated and formed a base at the lower. ~~ It could be interpreted as multiple inverted and shoulder patterns. ~~ Now, the pattern has broken out and hence we expect the pair to be bullish in the short-term. Quote Link to comment Share on other sites More sharing options...
TriciaWilson Posted November 11, 2020 Author Share Posted November 11, 2020 EUR/USD Technical Analysis The hope (virus cure) rally has fizzled out. The pair hit the rang top, formed a head and shoulder pattern, and has broken down now. We expect the pair to hit the lower end of the range in the next few sessions. https://www.tradingview.com/x/2z3k7dmv/ Quote Link to comment Share on other sites More sharing options...
TriciaWilson Posted November 16, 2020 Author Share Posted November 16, 2020 GBP/JPY Technical Analysis ~~ The counter has been consolidating within a bearish flag pattern after the deep slide. ~~ It hit the upper parallel of the pattern and then made a strong sell-off. ~~ We expect the pair to move lower and break down in the short-term. Quote Link to comment Share on other sites More sharing options...
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