-
Posts
-
By tradinglounge · Posted
USDCHF Elliott Wave Analysis Trading Lounge U.S. Dollar / Swiss Franc (USDCHF) Day Chart USDCHF Elliott Wave Technical Analysis Function: Trend Mode: Impulsive Structure: Navy Blue Wave 1 Position: Gray Wave 3 Next Lower Degree Direction: Navy Blue Wave 2 Details: Navy Blue Wave 1 of Gray Wave 3 is still active and appears close to completion. Wave Cancellation Level: 0.83765 The USDCHF day chart's Elliott Wave analysis indicates a bullish trend in an impulsive mode, focused on navy blue wave 1. This wave structure aligns with gray wave 3, suggesting that navy blue wave 1 of gray wave 3 is nearing its completion phase. After navy blue wave 1 concludes, a transition to navy blue wave 2 is anticipated, signaling a possible corrective phase before a further upward trend. With navy blue wave 1 of gray wave 3 still underway, this analysis points to continued upward momentum for the USDCHF pair. The wave cancellation level is set at 0.83765; if the price remains above this threshold, the bullish wave structure is expected to continue, maintaining a positive trend outlook. Conversely, a drop below this level would invalidate the current wave analysis, possibly shifting the outlook away from the bullish trend. The position within gray wave 3 suggests an impulsive upward movement, though nearing the completion of navy blue wave 1 could bring a short-term correction before the primary trend resumes. For traders and investors monitoring USDCHF, this analysis suggests a potential for bullish continuation, as long as the trend remains above the invalidation level, with attention to a possible retracement in navy blue wave 2 before further advances. In summary, USDCHF shows a bullish impulsive trend, positioned in navy blue wave 1 of gray wave 3. The structure supports further upward movement if the price stays above the invalidation level of 0.83765. A completion of navy blue wave 1 suggests a potential short-term correction before resuming the broader upward trend. U.S. Dollar / Swiss Franc (USDCHF) 4-Hour Chart USDCHF Elliott Wave Technical Analysis Function: Trend Mode: Impulsive Structure: Orange Wave 5 Position: Navy Blue Wave 1 Next Lower Degree Direction: Navy Blue Wave 2 Details: Orange Wave 4 appears completed, with orange wave 5 currently active. Wave Cancellation Level: 0.83765 The USDCHF 4-hour chart Elliott Wave analysis shows a bullish trend in an impulsive mode, focusing on orange wave 5, which follows the completion of orange wave 4. Currently, price action is positioned within navy blue wave 1, with an anticipated transition to navy blue wave 2 in the lower degrees. This impulsive structure suggests the potential for continued upward movement for the USDCHF pair. With orange wave 4 marked as complete, orange wave 5 is now underway, indicating further upside potential. The invalidation level at 0.83765 is a critical threshold; if the price falls below this level, the current wave structure will be invalidated, signaling a possible shift or correction in the USDCHF trend. As long as the price remains above this threshold, however, the bullish outlook stays intact, suggesting that wave 5 may continue its impulsive rise. Traders and investors following navy blue wave 1 within this structure may anticipate further gains, consistent with the higher-degree bullish trend defined by orange wave 5. A transition to navy blue wave 2 is expected as the next phase, contingent on price levels upholding the present wave structure. This outlook presents a potential bullish setup for the USDCHF pair as it advances within this impulsive wave formation. In summary, USDCHF is exhibiting a bullish trend within the impulsive orange wave 5. The completion of orange wave 4 and the active rise of orange wave 5 strengthen the bullish outlook. Monitoring the invalidation level at 0.83765 is essential to validate the ongoing trend; remaining above this level would support further upward momentum, suggesting a continuation within the current wave structure. Technical Analyst : Malik Awais Source : Tradinglounge.com get trial here! -
By tradinglounge · Posted
ASX: MINERAL RESOURCES LIMITED - MIN Elliott Elliott Wave Technical Analysis TradingLounge Greetings, Our Elliott Wave analysis today updates the Australian Stock Exchange (ASX) MINERAL RESOURCES LIMITED - MIN. We see MIN.ASX could be preparing to move up with wave (iii)-orange of wave ((iii))-navy. ASX: MINERAL RESOURCES LIMITED - MIN 1D Chart (Semilog Scale) Analysis Function: Major trend (Minute degree, navy) Mode: Motive Structure: Impulse Position: Wave (ii)-orange of Wave ((iii))-navy Details: Wave ((ii))-navy may have finished as (a)(b)(c)-orange Zigzag, and since 33.23 wave ((iii))-navy is unfolding to push higher, which itself is an Extended Waves, it is subdividing into wave (ii)-orange and will probably complete soon, after which wave (iii)-orange will push higher. Invalidation point: 33.23 ASX: MINERAL RESOURCES LIMITED - MIN 4-Hour Chart Analysis Function: Major trend (Minute degree, navy) Mode: Motive Structure: Impulse Position: Wave (ii)-orange of Wave ((iii))-navy Details: Since the low of 33.23 wave ((iii))-navy is unfolding to push higher. It is subdividing into wave (ii)-orange itself, with the unstable development, it may push lower again, then wave (iii)-orange will return to push higher. Also a push above 42.70 will clarify the view that wave (iii)-orange is unfolding. Invalidation point: 33.23 Cofirmation point: 42.70 Conclusion: Our analysis, forecast of contextual trends, and short-term outlook for ASX: MINERAL RESOURCES LIMITED - MIN aim to provide readers with insights into the current market trends and how to capitalize on them effectively. We offer specific price points that act as validation or invalidation signals for our wave count, enhancing the confidence in our perspective. By combining these factors, we strive to offer readers the most objective and professional perspective on market trends. Technical Analyst: Hua (Shane) Cuong, CEWA-M (Master’s Designation). Source : Tradinglounge.com get trial here! Tags: #MIN #ASX #ASXStocks #Stocks #ElliottWave #TradingLounge -
Hi @chrisallen01, It sounds like you may have attempted to place your order during the pre- or post-market session but used an unsupported order type. For these sessions, please select the order type as Limit and set the expiry to Day - All sessions. If you continue to experience issues, please don’t hesitate to contact our Helpdesk, or email us at helpdesk.uk@ig.com for further assistance. All the best, AshishIG
-
Question
frank321
I can't login my MT4 platform, both on mobile and desktop.
Link to comment
1 answer to this question
Recommended Posts
Create an account or sign in to comment
You need to be a member in order to leave a comment
Create an account
Sign up for a new account in our community. It's easy!
Register a new accountSign in
Already have an account? Sign in here.
Sign In Now