SP500 Elliott Wave Analysis: Wave (iii) of v) | Protect Profits Trailing Stops
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By tradinglounge · Posted
Elliott Wave Analysis TradingLounge Daily Chart Cardano/ U.S. dollar(ADAUSD) ADAUSD Elliott Wave Technical Analysis Function: Counter Trend Mode: Corrective Structure: Flat Position: Wave C Direction Next higher Degrees: wave (II) of Impulse Wave Cancel invalid level: Details: Wave II Is equal to 61.8% of Wave I at 0.358 Cardano/ U.S. dollar(ADAUSD)Trading Strategy: The second wave correction is likely to go down to test the 0.356 level before rising again in the third wave. Therefore, the overall picture is a short-term pullback to continue rising. Wait for the correction to complete to rejoin the trend. Cardano/ U.S. dollar(ADAUSD)Technical Indicators: The price is above the MA200 indicating a Downtrend, The Wave Oscillator is a Bearish Momentum. Elliott Wave Analysis TradingLounge H4 Chart, Cardano/ U.S. dollar(ADAUSD) LINKUSD Elliott Wave Technical Analysis Function: Follow Trend Mode: Motive Structure: Impulse Position: Wave 5 Direction Next higher Degrees: Wave ((C)) of Zigzag Wave Cancel invalid Level: 81.238 Details: The Five-Wave Decline of Wave ((C)) trend to test 11.582 Level Cardano/ U.S. dollar(ADAUSD)Trading Strategy: The second wave correction is likely to go down to test the 0.356 level before rising again in the third wave. Therefore, the overall picture is a short-term pullback to continue rising. Wait for the correction to complete to rejoin the trend. Cardano/ U.S. dollar(ADAUSD)Technical Indicators: The price is above the MA200 indicating a Downtrend, The Wave Oscillator is a Bearish Momentum. Technical Analyst : Kittiampon Somboonsod Source : Tradinglounge.com get trial here! -
Hi Guys, Quick and short question. I want to purchase gold and hold it for the long term and not look at it for some time, maybe even years. Is doing this in spot trading possible? I just want to be able to purchase it and hold it in my account like you would physically but on IG and online as its safer of course than storing gold in your home like Smaug. Bests. -
Thanks for the input, The issue is being resolved. IG took a position Twice. Remedy is imminent.
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