Long-term and Short-term Setups

[TriciaWilson]

Hello Traders,
I’m 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.

EUR/AUD Technical Analysis
~~ The counter has broken two strong resistances back to back.
~~ One- bearish trendline.
~~ Two- Price resistance at 1.64427.
~~ It is having strong momentum and hence we expect it to reach higher levels sooner.

https://www.tradingview.com/x/bKm9rTq6/

[TheRumpledOne]

Hi Tricia:

You have started 2 threads on Kreslik. Please keep your posts in those 2 threads rather than start another trading thread.

Thanking you in advance for your cooperation.

P.S. Many of the traders here have decades of experience.

[ЮрійГрищишин]

Informations utiles

[TriciaWilson]

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.
Follow the link:
https://www.tradingview.com/x/hVSyIaEv/

[TriciaWilson]

AUD/JPY Wave Analysis

~~The counter is currently in a long-term corrective ABC structure.
~~ It has completed wave A and is consolidating in a box structure at the low.
~~ We expect it to break upside and move to form wave B.
Follow the link:
https://www.tradingview.com/x/1AVp5iZ1/

[BambinoFlex]

AUD/JPY Wave Analysis

~~The counter is currently in a long-term corrective ABC structure.
~~ It has completed wave A and is consolidating in a box structure at the low.
~~ We expect it to break upside and move to form wave B.
Follow the link:
https://www.tradingview.com/x/1AVp5iZ1/

Thanks for sharing

[TriciaWilson]

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.
Follow the link:
https://www.tradingview.com/x/pd4OO73V/

[TriciaWilson]

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.

[TriciaWilson]

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.

[TriciaWilson]

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.