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$50 GIVEAWAY IF YOU CAN GUESS THIS PRICE TARGETWelcome everyone, My name is Schyler with NewWave Traders. NWT is a movement in Elliott wave and trading education, a movement in creating independent and profitable traders, and a movement in lifestyle. I've been a full time trader since 2017 in the crypto markets and I help traders create a full time income for themselves without working the full time hours by mastering a proven Elliott Wave trading system that will allow you to trade on your time and live the life you deserve. Hit the follow & like button if you'd like to make it a reality. I've helped hundreds of traders just like you make it a reality for themselves. Looking forward to helping you create your success story and life. Alright... So lets talk about the excitement.. Drop a comment below on your price projection for DASH/USD by 12/27/20 The trader closest will get rewarded the $50 giveaway! Don't forget to check out the SUSHI count that highlights one of the most profitable assets of 2021.
KRAKEN:DASHUSD
by NewWave_Traders
33
EURCHF, 4hr tf, buy after completion of wave-4Hello my friends, Another setup coming to you. I've already posted NZDCHF, NZDJPY, XAUUSD, and CADCHF. The last trading plan for next week is EURCHF. I am using 4hr time frame for this analysis. As you can see the recent upwards movement could be labeled with Elliott Waves count and i think we're pretty much done with Wave-3. This is now a corrective wave which gonna be Wave-4. I think we could see Wave-4 correction end at 1.0810 area which is the 50% fibonacci of Wave-3. I am gonna set a buy limit around that area. For our protective stop loss it will be at 1.0785 slightly below 4hr support level. I am not using Wave-1 end point as stop loss because in case the Elliott Wave count fails, we have a backup plan of that support level. Buy EURCHF 1.0810 Stop loss 1.0785 Take profit 1.0870 (2.4R) RR Ratio 1 : 2.4 Use only 1-2% risk Good luck
Long
by HayatoDragonFX
1
🚀Will Bitcoin survive the fourth wave of the supercycle?🌠●● Mine scenario ● 1W On the left is a variant of count of the SP500 index, in which the wave ((5)) of V forms a diagonal. On the right is a variant of count of BTCUSD , which assumes a sideways correction by the wave ((4)) , as part of the final wave V of (III) . ● 1D Probably, wave (B) of ((4)) is forming a single zigzag (double), followed by a decline in wave (C) . The critical level for wave (B) of ((4)) is 36900 , if it is broken, then wave (B)> 200% of wave (A) , which is unacceptable in triangles and, most likely, in flats. ● 4h Count of the wave structure in the 4h interval. The first targets for wave iii of (v) are located at the level of 24470 , at which point wave iii will equal 1.618 of wave i . The wave marking in the double circle parenthesis corresponds to the green marking in the circle on the chart.
by TradeWaves-EWA
6
XAUUSD - Elliott Wave Forecast - Q4 updateHello all, It's pretty clear that we have a zig zag correction playing out here. Waves 'a' and 'b' have already been put in. This leaves us with the final wave 'c'. There is a strong possibility that it is already complete and the low has already been put in (please see linked idea below from Nov 22). A breakout to the upside will take price to the 1910-1920 level. However, there is also the possibility that wave 'c' will extend further with a potential lesser degree leading diagonal in play. This could bring XAUUSD to a lower level around 1670-1720. Simply staying aware of where price could likely be heading to. Awareness is key. Follow for further updates, your 'likes' are much appreciated and your comments most welcomed. Trade safe and always remember to plan your trade and trade your plan! Beyond Edge Disclaimer This is not trading advice. All content/ information shared in this idea is purely educational in nature and is expected to be used for analysis and illustration purposes only. Do not trade or speculate based solely on the information provided. Trust your own analysis. Beyond Edge
OANDA:XAUUSD
by BeyondEdge
3
EURGBP, 4hr tf, buy wave-3 extension towards 0.9280Hello my friends, Another trading plan for next week is EURGBP. After price breaking above the descending trendline, this pair has gone up aggresively and i think there is still more to it. Right now price retracing a little bit after going up for around 240 pips from 0.8980 to 0.9230. This retracement is only a healthy correction as long as price hold above 0.9080-0.9060. We could see further weakness if price failed to hold above that 0.9080-60 area. I tried to break down this recent upwards movement with Elliott Wave theory and price currently retracing for wave-iv after completing wave-iii. If we look from daily timeframe, price also closed above 0.9150 which served as resistance. Hence, taking a buy position on a correction towards 0.9100-0.9090 looks promising. Buy EURGBP 0.9100 Stop loss 0.9060 Take profit 0.9280 (4.5R) RR Ratio 1 : 4.5 Use only 1-2% risk Good luck
Long
by HayatoDragonFX
2
GBPJPY, 4hr tf, sell the retest of HnS pattern necklineHello my friends, I hope you all enjoy your weekend. I would like to share my trading plans for next week and i hope you gonna enjoy my plan. If you find it useful, don't forget to give it a thumb up and follow me for my next update. As you can see there is a clear Head and Shoulders pattern on GBPJPY, Price broken below the neckline with a strong bearish candle validating our breakout. I haven't enter this trade yet because i wanna see price to retest the broken neckline first. If we count the measured objective of this HnS pattern, it should be targeting 136.00 - 135.90 which is around 240 pips from the neckline. I also tried to breakdown the GBPJPY recent movement with Elliott waves theory and i found there is a chane we could see come retracement towards 138.30-50 area as we're now on Wave-iv correction. We could see Wave-iv as an ABC correction so preapare to sell it after the end of wave-c. It will be more convincing if there is a momentum divergence as well on it's way to the upside. Also pay attention that 138,30-50 area gonna be an area of confuences resistance because there is horizontal resistance level and dynamic EMA-resistence. Sell GBPJPY arond 138.30-50 Stop loss 138.85 Take profit 136.00 (7R) RR ratio 1 : 7 Use only 1-2% risk Good luck
Short
by HayatoDragonFX
4
MUST SEE! LINK/USD To This Price!?! Here's How...Welcome everyone, My name is Schyler with NewWave Traders. NWT is a movement in Elliott wave and trading education, a movement in creating independent and profitable traders, and a movement in lifestyle. I've been a full time trader since 2017 in the crypto markets and I help traders create a full time income for themselves without working the full time hours by mastering a proven Elliott Wave trading system that will allow you to trade on your time and live the life you deserve. Hit the follow & like button if you'd like to make it a reality. I've helped hundreds of traders just like you make it a reality for themselves. Looking forward to helping you create your success story and life. It's 100% possible! Let's Talk LINK/USD So this baby is staring at a dark scenario to $6, however depending on what side of it you are on that could be very profitable as well. If you follow my style of trading and system I'm very big on acknowledging both counts to the market so we can be prepared for either scenario. But we also have to pick a side, so we have had a short setup on LINK since 13.10, which is standing up about 10% at time of writing. So the bearish invalidation is going to be surpassing previous high at 14.88. Until then downside potential seems strong. Let's also talk about the upside potential. If downside count is invalidated at 14.88 basically, then that's where we should also know where the upside potential lies. It's hard to deny that LINK's current climb in the ascending channel has been corrective, it had the opportunity and dropped the ball, so if we're going to move higher it will have to be as a complex structure and we should likely look for a 1:1 extension in the green count that takes us to 25.74. In this case it'd have to be a running flat at most and then take us higher. Multiple ways to trade the intraday on this as it plays out in either direction. Follow along to keep updated with the count and for more info check out my signature tag below. To your success, Schyler
COINBASE:LINKUSDShort
by NewWave_Traders
1
XAUUSD, 4hr tf, sell ascending trendline breakHello my friends, Today we gonna set a pending order for XAUUSD as well. As you can see, price recently rally for 1100 pips from 1764 to 1874 in just 1 week. I think we could see some retracement as well before price continue to soars in XAUUSD. Recently price retrace from 1874 to 1825 which is 490 pips movement. I think there will be another move to the downside because the retracement is only around 38% fibonacci. If we assume the recent movement as an impulsive Wave-1, then this retracement will be Wave-2 and it will consist of ABC correction. We are on the process of Wave-B to the upside and i think we could see it goes up towards 1850-1856 area. There is a resistance at 1850-1856 area which will be a nice place to start selling XAUUSD. I will set a pending sell limit order to try catching it. If price continue to drop without touching my pending order then i will skip this trade and wait for next opportunity. Sell limit XAUUSD 1856 Stop loss 1866 Take profit 1806 (5R) RR Ratio 1 : 5 Use only 1-2% risk Good luck
OANDA:XAUUSDShort
by HayatoDragonFX
AUDUSD, daily tf, potential bearish shark patternHello my friends, Another setup to wait for is AUDUSD. As you can see, i tried to analyze this pair with a combination of elliott wave and harmonic pattern. I found something interesting in this pair which is a potential bearish shark pattern on the daily timeframe. AUDUSD right now retesting that 0.7500 area as a resistance which has served previously as a support. We're currently on Wave-V which could end at the 127% fibonacci level of Wave-IV which located at 0.7520-30 area. After Wave-5 complete, we could then expect ABC correction from AUDUSD. It will be more convincing if there are bearish candlesticks appearing on 0.7520 area. Sell limit AUDUSD 0.7525 Stop loss 0.7600 Take profit 0.7300 (3R) RR Ratio 1 : 3 Use only 1-2% risk Good luck
Short
by HayatoDragonFX
CADCHF, 4hr tf, buy elliott wave 5th waveHello my friends, Another setup for today is CADCHF pairs. As you can see price currently moving to the upside and retracing lower a little bit. We could try assuming this movement as an Elliott Wave movement and price just finished wave-3. This downward movement is wave-4. To have the best trade setup it is better to buy around 0.6950-6948 which will yield 3.5R - 4R trade setup depending on the price you get this pair. Protective stop loss will be slightly below wave-1 area. I am setting buy limit for this because it might hit our order while i was away and that 0.6948 might only appear for a short time so we don't want to miss it. The reason why i think it will only appear for a short time because there is a horizontal support level at 0.6950-6948. Buy limit CADCHF 0.6948 Stop loss 0.6935 Take profit 0.7000 (4R) RR Ratio 1 : 4 Use only 1-2% risk Good luck
Long
by HayatoDragonFX
4
AUDUSD, 4hr tf, ascending trendline breakoutHello my friends, New week new spirit. Today we saw USD gaining some strenght after 1 month of depreciation. In my opinion we could still some strenght in USD so we will want to start selling other major currency and buy USD. As for AUDUSD, you could see price already broken below the ascending trendline which formed since November 23rd. Today, we got a close below the trendline on 4hr time frame and i think this is the beginning of further drop. We are now waiting for AUDUSD to retrace around 0.7400-7405 before entering sell. The recent downward movement could be marked with elliott wave movement. It is very clear the recent drop was an impulse and it could be marked as wave-iii. After completion of wave-iii, we could expect wave-iv to form which is a correction wave. We will try setting a sell limit on the 50%fibonacci retracement of wave-iii. It will yield a 5R trade setup with only 10 pips stop loss if price come to take our sell limit pending order. Sell limit AUDUSD 0.7405 Stop loss 0.7415 Take profit 0.7355 (5R) RR Ratio 1 : 5 Use only 1-2% risk Good luck
Short
by HayatoDragonFX
1
EURCAD, 4hr tf, sell after wave-4 retracementHello my friends, Another setup for the coming week is EURCAD pair. As you can see, the recent movement of EURCAD could be analyze using Elliott Wave theory. We could assume the recent movement to the downside as an impulsive wave-1 and wave-3. After this impulsive wave-3 we could expect price to retrace. Wave-4 usually retrace around 23.6%-50% fibonacci retracement. Well, for the best trade setup we could try to set a pending sell limit order around 50% retracement because it will give us a favorable 3R setup. Sell limit EURCAD 1.5570 Stop loss 1.5610 Take profit 1.5450 (3R) RR Ratio 1 : 3 Use only 1-2% risk After price move according to our direction for 40-50 pips, please set SL to BE or take partial profit Good luck
Short
by HayatoDragonFX
USDCHF, daily tf, buy on confluence of supportHello everyone, I hope you all enjoy your weekend. I am gonna share my trading plan for next week, if you find it useful please give this post a like and follow me for my next updates. The first pair i would like to trade for next week is USDCHF pairs. As you can see this pair has moved 200 pips to the downside for the first week of December. Friday candle showed that bears are now exhausted and we could pretty much see some retracement to the upside. It is now meeting an area of confluence support at 0.8900 area because there is so many supports stacked in this area which is why i think it is an area of confluence for support. If you're a fan of Elliott Wave and try to do a wave count, you might find this is also a level which could be a turning point. Because 0.8900-15 area is the place where 127.2 fibonacci retracement level located. Wave-5 usually end at this fibonacci level because if it continue to 161.8 level, it could be considered as an impulsive Third Wave. Buy USDCHF 0.8910 Stop loss 0.8870 Take profit 0.9030 (3R) RR Ratio 1 : 3 Use only 1-2% risk Good luck
Long
by HayatoDragonFX
EURAUD, 4hr tf, buy elliott wave setup wave-(v)Hello my friends, Here is my setup for EURAUD. I am using elliott waves rule for this trade to get 4.5R trade setup. As you can see price now on a correction after an impulse wave-(iii). Fourth Wave usually are only a quick correction and stopped around 50% fibonacci of Third Wave. After counting the fibonacci retracement, we could try putting a buy limit order at 1.6315 which is the 50% fibonacci retracement of wave-(iii). For protective stop loss, we will use elliott waves rules where Fourth Wave could never touch First Wave. Buy limit EURAUD 1.6315 Stop loss 1.6270 Take profit 1.6450 (3R) RR ratio 1 : 3 Use only 1-2% risk Good luck
Long
by HayatoDragonFX
11
XAUUSD - Elliott Wave ForecastHello all, A quick update, the smaller degree wave (v) could be in play. Price has bounced of a possible wave (iv) count around 1831-1832 (38.2%). If the wave (v) is in progress then I expect the price to drop back out of the marked sell zone. Please refer to my previous ideas which are linked below. Follow for further updates. Trade safe, Beyond Edge Disclaimer This is not trading advice. All content/ information shared in this idea is purely educational in nature and is expected to be used for analysis and illustration purposes only. Do not trade or speculate based solely on the information provided. Trust your own analysis. Beyond Edge
OANDA:XAUUSDShort
by BeyondEdge
GBPAUD, 4hr tf, channel elliott wave analysisHello my friends, I spotted a good setup on GBPAUD and i think it is worth to try taking it. This is a 5.5R trade setup which rarely come so we will try to capitalize it. As you can see price moving inside a parallell channel and we could try counting each movement with Elliott Wave counts. The movement respecting elliott waves count as clear as sky. We are now finishing wave-4 and could start to continue going down along with wave-5. We will use wave-1 as our invalidation because the rule of wave-4 is it will never touche wave-1 area. Sell GBPAUD 1.8190 Stop loss 1.8230 Take profit 1.7970 (5.5R) RR ratio 1 : 5.5 USe only 1-2% risk Good luck
Short
by HayatoDragonFX
4