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Impulsewave

GOLD to the Moon 🚀🚀🚀Good Day Traders !!! We just rejected for the third time this strong level of support around 1855-1853. We expect gold to start his impulse to the upside since we can clearly see that on the Daily we clearly tested almost all the level of the fib retracement during the correction and we expect to see a continuation to the upside. Also from an institutional perspective I can see on the last report from the non commercial institutions a massive number of long position added as well as a big amount of short positions being closed which can mean a strong gold during this week. Now if you enjoyed this analysis smash that like button and share !! If you have a different opinion I would love to hear about it in the comment area. Trade safe !!
OANDA:XAUUSDLong
by TheDayzen
2
GBP/CAD UPDATE. Are we ready for the next launch ? Good Day Traders !! On this pair we have a very strong impulse to the upside made during the past week as we expected, now the market started a nice correction to the 0.382 Fib level. for such a strong impulse we expect the market to retrace at least to the 0.5 Fib level which aligns perfectly with a strong support area and demand. We will be monitoring price action on the 4H timeframe when the market reaches this area in order to place a nice long setup with a 1/5 RR so we can ride the continuation of the impulse to the upside. Now if you enjoyed this analysis make sure to like and share. I will be linking the previous analysis of this pair in the comment area below. If you have a different opinion make sure to leave a comment in the area below for further insights about this pair. Trade safe !!!
Long
by TheDayzen
7
VeCHAIN and a great BUY-CHANCE!Hey r tadomaniacs, Vechain seems to continue its UPTREND and has recently created the next Impulse-Wave. This could cause nice bullish confluence and so a break of the resistance-zone in order to create the third and extended Wave. Looking at the Wave-Sctucture, we can expect at least two more Major-Waves upwards in order to complete the entire Impulse. With this trade we could just participate the next impulse before we head into the next correction. I will patiently wait for a breakout before I buy! LEAVE A LIKE AND A COMMENT - I appreciate every support! =) Peace and good trades Irasor Wanna see more? Don`t forget to follow me.
Long
by Trading2ez
6
Nokia possible impulse wave in the making!Nokia hasnt been looking to good the past couple of years, but this all could change very fast. with the upcomming Q3 earnings release coming up this thursday and alot new 5G contracts in their pocket this could be the start of a big impulse wave up. fundamentals: # march 2015 can be seen as the beginning of a HUGE descending triangle with a fake bearish break out starting at september 2019. Nokia is currently being traded at that so important level and needs to be taken in order for this lookout to become truth. after that the level to watch is 4.3 as this would confirm the bullish breakout of the triangle. NOTE: descending triangles are normally bullish patterns, but trade carefully as their are some huge levels to conquer. # Nokia has been a big factor in the 5G industry with over 125 contracts concerning 5G, with the expectations of 5G becoming bigger and bigger this would logically push nokia's shares higher and higher. # the chart shows that the fibbonaci level 0.786 drawn from our last H/L was accepted as a support level (currently being traded in the golden pocket area which i didnt draw to clear the chart a bit ) If we manage to break the golden pocket area upwards these are the level to watch and possibly take profit: TP 1: 4.30 TP 2: 4.97 TP 3: 6.59 TP 4: 7.82 TP 5: 8.45 Stop-Loss : between 3.2 - 2.7 Dont over leverage! Trade safely and do your Risk Management ! Give a follow and a like if u liked my analyse on nokia!
OMXHEX:NOKIALong
by CptWORLD
9
Dow Jones Elliott WaveIf the economy needs stimulus this bad, then the health of it isn't good. Earlier today, President Trump said he wanted efforts placed on the Supreme Court justice in lieu of hammering out a stimulus plan. Stock fell hard. Two weeks ago, I shared an Elliott wave chart that suggested a hard fall in $DJI could be coming soon. My wave labels are slightly different from that day, but the spirit of the message is the same. US stocks could be on the forefront of a hard fall in a wave 3 lower. I anticipate $DJI falling to $22,000-24,000. From there, the models diverge. The primary count suggests deeper cuts below the March 2020 low. An alternate count suggests a bounce in the $22-24k range en route to new highs.
DJ:DJIShort
by JWagnerFXTrader
2
Dollar Index (DXY) is not out of the wood yet (Elliott Wave)DXY has room to run higher. The Elliott wave pattern suggests we are in a third of a third higher . If so, then DXY should continue a trend towards strength. There is an orange trendline formed over calendar year 2020 in the way. Breaking above the orange trend line is a sign of strength. Failure at the orange trend line or failure below 93.33 will bring into question this third of third wave (in Elliott wave speak...third of a third is typically the longest and strongest wave). If DXY fails at the orange trend line, then we may have to consider this an A-B-C corrective bounce opening the door to new lows. (Alternate count)
TVC:DXYLong
by JWagnerFXTrader
SEE roadmap - buying this breakoutI expect a substantial move on Seeing Machines this week and in the next months ahead. With the recent RNS the company just entered into a new market of OMS which they are already dominating. SEE is way over conservative in their market share projections. 23% in their OMS figures and 30% in DMS. House broker`s old target is 7.2 on the DMS auto market only with the 30% auto market share. Add OMS 1,5 billion market (23% of it targets to 7.2p itself), add cash generating fleet not included, add Aviation industry potential, add the value of the IP in chips and mobile tech and the wide variety of market application. Conservative target should be anywhere between 30p-£1. A real gem to buy at this price and hold for a short-mid-long term. My ltf roadmap is also very conservative. There is no doubt the move up to 4.9 was impulsive, and that we have finished correcting here in value and time. The move up is a wave 3 as well, and my target to reach 7-10p in the next weeks ahead is only a x1.6 extension of wave 1. This can over extend easily. Also wave 5 is double topping at 10p, very conservative assuming it will just truncate. The whole structure is a bigger ABC also a conservative approach not assuming it is impulsive overall yet, A wave will finish anywhere above 10p. Then we will see how it develops and whether a new roadmap is needed to target £1. Don`t need much convincing that these prices are way too cheap for the development ahead of Seeing Machines.
LSE:SEELong
by tempertrade
Silver Sets To Complete A Five-wave Impulse PatternKindly support this analysis with your likes and comments! The Silver 4 hourly chart reveals an incomplete Elliot Wave impulse sequence from wave (b) high on the chart. It's labeled i-ii-iii-iv-v. Wave iii is the longest wave and its sub-wave of wave iii is also visible. According to EW theory, once the corrective phase in wave iv is completed an impulse move will follow it in wave v . In Silver's case, the correction unfolded as a double zigzag and also terminated around 50% Fib level. Yesterday daily price action also close as a bearish engulfing bar. With all the confluence, we can expect Silver to head lower in the short-term. The setup will be considered invalid if the red line on the chart is breached. What's your view on Silver? Let me know in the comment! Good luck on the chart, Veejahbee.
OANDA:XAGUSDShort
by Veejahbee
2
EW Analysis: GBPAUD In The Corrective PhaseHello traders! GBPAUD is clearly bearish, as we see a sharp fall in impulsive price activity down from 2.085 high. We are tracking a so-called impulse, a move that is structured by five waves, where two of them are corrections. Now, we are tracking a wave 4 correction which started at 1.768 level, and it can climb a little higher as corrections are made by three waves a-b-c, before pair can look for strong resistance and a bearish resumption into a wave 5. "A wave 4 correction can unfold as a simple zig-zag, which seems to be the best possible scenario, unless it turns out to be a flat, a triangle, or a more complex w-x-y move." Resistance for a wave 4 correction can be at Fib. Ratio of 38.2 that comes in at 1.88/1.90 level, so watch that area as a potential resistance, especially around the previous wave "i" swing low a lesser degree. As such, there is room for slightly more upside before downtrend may resume. Be humble and trade smart! If you like what we do, then please like and share our idea! Disclosure: Please be informed that information we provide is NOT a trading recommendation or investment advice. All of our work is for educational purposes only.
Education
by ew-forecast