CADJPY Downtrend Analysis: Bearish Momentum ContinuesThe CADJPY remains in a strong downtrend after completing its first wave structure to the downside. The corrective wave offered no signs of a trend reversal, confirming the sellers’ dominance.
Yesterday, during the Tokyo session, a new bearish wave structure began, breaking below the first wave's momentum low. Wave 2 formed as a correction to Wave 1, creating an opportunity to look for short trades below 108.614. A break below 107.65 (momentum low) is expected, with a Fibonacci target of 61.8% as a likely end for the current wave.
Key levels to watch:
Entry: Below 108.614
Target: 107.65 and Fibonacci 61.8% level
Stop Loss: Above 109.05
Selling above 109.05 is not recommended.
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Bearishwave
Market Analysis: CADJPY H1 Bearish Wave Structure AnalysisThis evening, my focus is on the CADJPY H1 timeframe. We have identified a completed bearish wave structure on the H1 timeframe. Earlier this afternoon, during the New York session, a trend reset was observed, breaking above the last Structure 4.
From this point, based on wave structure anatomy, we anticipate selling interest to initiate a new bearish wave structure downward. The key level to watch is 110.48.
Happy trading!
BTCUSDT: Close ViewHello traders!
Welcome back to another episode with Analyst Aadil1000x.
Today we can look for a short after the breakout of the trendline. After that market will retrace back to the key trendline and the market will look for a bullish formation. Once the bullish formation is complete BTC will jump to 19300-19500
In the end, we are looking for a crazy crash but before that, there are many waves remaining and we will move with the market.
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NFLX looking for 15%+ down slide in coming days.This is a most perfect wolfewave pattern and the reason why I am trading it. Today's volume was moot point but the wave structure is absolute perfect and so is timing.
I am predicting >15% slide in the coming few days... it could be blood bath on the wallstreet.