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10/06/21 10:53
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Posts
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By tradinglounge · Posted
Elliott Wave Analysis TradingLounge Daily Chart, 1 June 23, Binance coin/U.S.dollar(BNBUSD) BNBUSD Elliott Wave Technical Analysis Function: Follow Trend Mode: Motive Structure: Impulse Position: Wave 5 Direction Next higher Degrees: wave (C) of Motive Details: Wave 5 is equal to Wave 1 at the 298.3 level. Wave Cancel invalid level: 220.0 Binance coin/U.S.dollar(BNBUSD)Trading Strategy: There is still a risk that the price will fall further due to The sub-wave within the wave (C) is incomplete. This corresponds to the price being below the MA200 line, so wait for the wave. (C) Done to join the trend again. Binance Coin/U.S.dollar(BNBUSD)Technical Indicators: The price is below the MA200 indicating a downtrend MACD and RSI are Bearish momentum. TradingLounge Analyst: Kittiampon Somboonsod, CEWA Source : Tradinglounge.com get trial here! Elliott Wave Analysis TradingLounge 4H Chart, 1 June 23, Binance coin/U.S.dollar(BNBUSD) BNBUSD Elliott Wave Technical Analysis Function: Follow Trend Mode: Motive Structure: Impulse Position: Wave 5 Direction Next higher Degrees: wave (C) of Motive Details: Wave 5 is equal to Wave 1 at the 298.3 level. Wave Cancel invalid level: 220.0 Binance coin/U.S.dollar(BNBUSD)Trading Strategy: There is still a risk that the price will fall further due to The sub-wave within the wave (C) is incomplete. This corresponds to the price being below the MA200 line, so wait for the wave. (C) Done to join the trend again. Binance Coin/U.S.dollar(BNBUSD)Technical Indicators: The price is below the MA200 indicating a downtrend MACD and RSI are Bearish momentum. -
🔸Hello traders, let's review the 4 hour chart for AUDUSD today. Recently price was locked inside distribution trading range and subsequently it broke down below key s/r level near 6600 and hit 6500. Following the normal distribution pattern. 🔸Short-term expecting throwback to re-test mid of the distribution range and then expecting new wave of short-selling once we trigger 6700. Bears still maintain strategic control. 🔸Recommended strategy for AUDUSD bears: wait for the short-term bounce to complete near 6700 and then re-enter on SELL SIDE. TP1 bears +200 pips TP2 bears final +400 pips at 6350. Keep in mind this is a swing trade setup so will take more time to complete. good luck! 🎁Please hit the like button and 🎁Leave a comment! RISK DISCLAIMER: Trading Futures , Forex, CFDs and Stocks involves a risk of loss. Please consider carefully if such trading is appropriate for you. Past performance is not indicative of future results. Always limit your leverage and use tight stop loss. -
By tradinglounge · Posted
Analog Devices Inc., Elliott Wave Technical Analysis Analog Devices Inc., (ADI:NASDAQ): Daily Chart, 31 May 23, ADI Stock Market Analysis: We reacted higher off equality of C vs. A as expected and we seem to be wanting to continue higher. ADI Elliott Wave Count: Wave C of (2). ADI Technical Indicators: Above 200EMA. ADI Trading Strategy: Looking for further upside into wave 1 to resume upside, we will have additional confirmation once we break the top of wave B. TradingLounge Analyst: Alessio Barretta Source : Tradinglounge.com get trial here! Analog Devices Inc., ADI: 1-hour Chart, 31 May 23, Analog Devices Inc., Elliott Wave Technical Analysis ADI Stock Market Analysis: Looking for a potential five wave move off the lows, e are now expecting a three wave move into wave (ii) to then look for potential longs. ADI Elliott Wave count: Wave (i) of {i}. ADI Technical Indicators: 20EMA as support. ADI Trading Strategy: Looking for a three wave move pullback in wave (ii) before resuming higher.
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Question
Guest dave1993
I've just come back to IG after a long time away. I;m trying to set up MT4. MT4 is asking me for a login which can only be numbers. However I can't find a number only login id anywhere on my accounts. I tried setting up a new demo account in MT4, but after filling in all the boxes, the next button was still greyed out. So I'm pretty stuck. I tried creating a new demo account in IG, but that does not have a numbers only account id.
Thanks for any help. It's probably something really simple right?
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