Gold midterm target is $ 2025Hey Guys,
as always: Everything relevant is attached on my Chart. I expect some bearish downside pressure by beginning of the Week, followed by a strong move up.
Wave-4
Monthly perspective, this pair must push up for wave 5the retest has been completed (check D1 to c clear) we have double bottom plus bullish engulfing (check D1 for bullish engulfing)
WAVES - Don't Miss This 2/3x Setup!Hello everyone, if you like the idea, do not forget to support with a like and follow.
WAVES is sitting around a strong demand zone and round number 10.0 so we will be looking for buy setups.
on DAILY: WAVES formed a double bottom pattern but it is not ready to go yet.
Before we buy, we want the buyers to prove that they are taking over again.
You don't want to buy a bearish market right?
Trigger => Waiting for a momentum candle close above the gray neckline to buy.
Meanwhile, until the buy is activated, WAVES would be overall bearish can still trade lower till the 10.0 before going up.
Good luck!
All Strategies Are Good; If Managed Properly!
~Rich
Godrejcp - Bearish Crab 🦀 and WolfewaveGodrejcp has bearish crab at weekly TF and wolfewave on daily . Shark in progress,forecast as target...
AAVE/USDT#AAVE broke the resistance line, i think it's good opportunity for make long position on it.
Dangerous crossingHard time getting past the resistance line.
Two possibilities:
- If price moves down after this ABC wave then the corrective move is not over yet (Meaning we haven't seen the bottom).
- If this ABC turns into an impulsive 5-wave then price can try for new ATH later. Needs to break resistance line soon for that to happen.
Be careful.
bearish wolfe wave BTCUSD Bybit I see a bearish wolfe wave at bitcon.
The Gundstruktur stands already, we have the High-Low-HH and HL, in the overbought area we were also already and have respected the limit for now.
In addition (not to be seen on the chart) we are in a strong resistance zone.
For more than 80 days, we are in a range after the big sell off in mid-May.
I doubt that we will break out of this without pullback to the top.
The target would be matching the middle of the range.
Definitely worth a trade.
Glenmark - Deep Crab and Bearish WolfewaveGlenmark at prz of Deep crab and also forming bearish wolfe wave. Target on chart...
ETHUSD I'm watching out for this. I've recently been studying elliot wave theory.
This looks interesting to me.
Bullish Wolfe Wave CADJPY All the prerequisites of a WW are there.
Possible entries are marked in green. The 1.618 + 2.168 FIB level.
The wavereader is in short mode, rightly so, however I think that if it gives us a take profit signal of the short signal, together with the WW we have a good trading opportunity
RIOT: Trendy Wyckoff Theory AnalysisI've plotted Wyckoff Theory over RIOT. I feel we are currently in Phase E.
Gold targeting at least 1851Hey Guys,
out latest Forecast played out perfectly where we reached out first target of 1831 points. I expect the bullish momentum to continue before we see a serious sell-off on this pair. That said I am expecting 1851 within the next 2 Sessions.
Take care & good luck!
Raffa
Gold forecast for the 12.07.2021Hey Folks,
As you can see from my chart, I use the EW-theory to forecast. In the case of gold, I assume that the correction has ended after the sharp rise of the last few days. This is an extended flat correction in which the required parameters have been perfectly confirmed. In fact, I assumed such a correction in advance because the momentum was heavily on the bull side and in these cases an unusual correction can be standard. Assuming the correction is done, I expect clear buy signals towards new short-term highs at the beginning of the Asia session, which should then move towards 1824 before the first resistance becomes noticeable. From a fundamental point of view, nothing should stand in the way of this. That said, have a successful week! I am looking forward to your feedback.
Greetings,
Raffa
FDX - on the move!-Wolfe wave triggered today (daily)
-Daily TTM Squeeze Scanning (avg squeeze time is 6
and we're on 7. It's bound to fire soon.
-Breakout level is 300 and we broke it today
and got rejected at 50DAY SMA.
-We have a 1hr demand zone around 296 - 297.90
would love for it to come down that area
to enter long.
Contract Suggestion:
7/16 302.50C @ 1.75
7/16 305.00C @ 1.06
7/23 310.00C @ 1.40
