a bit long and then great sell!Hello traders! How R U? This is a very possible forecast for this pair. don't forget to put a limit order... be happy
Elliott Wave
super Sell OPP.Hello traders. It's a very good time to enter sell position. The last low will be filled and after that market will go up for next time. (wink)
Super BUY OpportiunityAfter some pip retracement the market is read to go super long... Just wait and make a big profit to yourself.....
super buy OPP.Hello traders. As I tellold you before price Hit the first TP. Let's go buy for second TP. (wink)
10Y Bond Yield Long (Bond Short): Another recession signal?Take note that I do have a bias on when analyzing the bond yield. But the counts are valid nonetheless, except that another leg down is also valid (as briefly mentioned). Take this as a part 2 to the multi-assets analysis that I made on 11th April.
STORJ: A Close Support#Storj recently bounced from a key support zone. As long as it holds above $0.195 (strict stop-loss), strong bullish momentum could follow.
Breaking $0.195 is a major red flag and may trigger bearish scenarios.
Passing $0.77 confirms going higher.
BITCOIN → Testing trend resistance. Will there be a breakout?BINANCE:BTCUSDT is approaching trend resistance and most likely it may test the liquidity zone and risk zone for sellers (liquidity hunt ?), but does the market have the potential to support the upside?
Bitcoin is strengthening and channel resistance may not stop this growth. Based on the nature of price movement (smooth, gradual, consolidating), bitcoin may test liquidity 84.7K - 88.8K. But it is too early to talk about further growth
On W1, the price is in a trading range (consolidation) between the previously broken global consolidation support and the current support. Short bodies, long shadows speak about consolidation. Also worth noting are the relatively long tails to the downside and the weak market reaction...
Fundamentally, the cryptocurrency market (community as a whole) for the past week did not get anything positive as from the very beginning of this year, the growth can be attributed to the 90-day technical break by Trump, but there are a number of nuances:
- the fire has not yet been put out
- just because they gave a 90-day break doesn't mean everything is fine. It's just a head start for the U.S. to prepare for the situation more thoroughly
- The escalating conflict between the U.S. and China has investors looking for less risky assets like gold. Cryptocurrencies are definitely not on that list.
- Rumors of a US interest rate cut are likely to provide support as well.
Resistance levels: 84700, 88800
Support levels: 78200, 73-74К, 66500
I would not hurry with conclusions about further growth. Growth could be considered if bitcoin overcomes 88800 and consolidates above this zone. But a sharp approach or a false breakout of one of the mentioned liquidity zones may provoke a reversal and fall.
Regards R. Linda!
VIB Bearish Continuation Setup After Wedge BreakdownVIB broke down from a rising wedge and has since faced strong bearish pressure. With Binance monitoring the project, investor confidence is weakening, fueling the sell-off. We expect a retracement toward the supply zone before shorting to the outlined drop target.
Let us know your view on this setup.
Ethereum is a livingEthereum is now in the C wave of its second wave and will come at least $ 1000 and then begin its move.
Bitcoin Impulse Wave is Starting !! Bulls are Accumulating Bitcoin has completed its Double correction. Wave count is marked as WXY ( Double Correction). Along with this bitcoin has shown price divergence with MACD. After the completion of impulsive Wave 1, corrective Wave 2 is a good opportunity to accumulate BTC for riding ultra fast Wave 3.
For Study Purpose only.
Correction Bitcoin finished?Hi traders,
Bitcoin dropped last week just as I've said in my outlook. The last move down was a 3 wave pattern so I think this was wave y (updated wavecount blue). In that case the bigger correction is finished.
Now we see a 5 wave pattern up which could be a leading diagonal wave 1 and after a correction down we will see the next impulse wave.
Or the move down is the last impulse wave and after that we see more upside.
Let's see what the market does and react.
Trade idea: Wait for the (corrective) move down to finish. After that you could trade longs.
If you want to learn more about trading FVG's with wave analysis, please make sure to follow me.
This shared post is only my point of view on what could be the next move in this pair based on my analysis.
Don't be emotional, just trade your plan!
Eduwave
Gold continues to go upHi traders,
After XAUUSD reached 50% of the Weekly FVG last week it rejected and went up again (updated wavecount).
Next week we could see a correction and more upside for this pair.
So let's see what price does and react.
Trade idea: Wait for a correction down and a change in orderflow to bullish. After a small correction down on a lower time frame you could trade longs again.
If you want to learn more about trading FVG's & liquidity sweeps with wave analysis, please make sure to follow me.
This shared post is only my point of view on what could be the next move in this pair based on my technical analysis.
Don't be emotional, just trade your plan!
Eduwave
One more wave down for SPX500USDHi traders,
SPX500USD went straight into the target last week. From there it rejected and made a bigger correction (orange) wave X (updated wavecount).
Next week we could see the last impulse wave down to finish the bigger (red) WXY correction.
Let's see what the market does and react.
Trade idea: Wait for a change in orderflow to bearish and a small correction up on a lower timeframe to trade shorts.
If you want to learn more about trading FVG's & liquidity sweeps with Wave analysis, then please make sure to follow me.
This shared post is only my point of view on what could be the next move in this pair based on my technical analysis.
Don't be emotional, just trade your plan!
Eduwave
EU could go up some moreHi traders,
I think the bigger correction (red wave 4) for EU finished last week as a Triangle. After that we saw an impulse wave up (orange wave 1) and a correction so we knew price was ready to go up again for wave 3.
After the correction (orange) wave 4 next week, we could see the impulse wave 5 (orange).
Let's see what the market does and react.
Trade idea: Wait for a change in orderflow to bullish after the finish of wave 4 and a small correction down to trade longs.
If you want to learn more about trading with FVG's, liquidity sweeps and Wave analysis, then make sure to follow me.
This shared post is only my point of view on what could be the next move in this pair based on my technical analysis.
Don't be emotional, just trade your plan!
Eduwave
AUDUSD Waiting for Pullbacks
Price began a recovery process to the upside since the beginning of this week.
We should be completing wave 1/A pretty soon, and I´ll be looking for 2/B correction for long trades.
Green support would be a very interesting spot for the correction.
To the upside, there is strong resistance just below 0.64 (gray zone).
NIFTY50.....Wave a or (i)?Hello Traders,
the NIFTY50 has penetrated my cited target range @ 22161.60 (watch the rectangle), and probably has finished a wave z of a triple correction! If so, the next move should bring N50 ant least to 23689.60–23807. This is the level of a wave x² range.
As to see, at the 1h chart, I have labeled the chart as an impulsive move up to 22923.90. Here, an "Evening-star" has been formed. This is a bearish reversal pattern. It failed above the high of 22923.90 points. So, we have to watch this area.
Observing the indicators, which are always one step behind the real-time price, has left room for more advances.
Anyway! Shorthand there is a chance, that price is close to end an impulsive move, with a wave b/2 to follow. We will follow price closely and update the count at latest i the coming 1–2 sessions.
That's it for a quick note.
Have a great weekend.....
Ruebennase
Please ask or comment as appropriate.
Trade on this analysis at your own risk.
XYOusdt Trading opportunityXYOUSDT has achieved a magnificent breakout from its downtrend, showcasing a potential inverse head and shoulder formation. The price is currently forming the right shoulder of this pattern, with a broad accumulation zone that can accommodate most of the right shoulder formation. Targets are clearly delineated on the chart, ranging from immediate to final levels. For this setup, I recommend a 25% stop loss and suggest trading on spot to allow for proper room for dollar-cost averaging (DCA) if feasible.
Bitcoin Short: End of Wave 2 of CI go through the Elliott Wave Counts here and why I think this is a good. I also discuss the various take profit targets.
Essentially, I believe we have ended wave 2 of C and will be going for a wave 3 of C.
S&P500 Still a Short: Be mindful of Alternate CountI discuss how the additional wave up could have a larger implication on the entire outlook of S&P500 and could cause a re-labelling of the entire wave structure. What we want to see in order to keep our primary count, is a breakdown below the low of where I plotted wave 1 of C. That is, below 5119.8.
But no matter the primary count or the alternate count, it is still a short opportunity. But there is an implication on the Take Profit target.
