CADJPY UpdateA quick update to my CADJPY analysis yesterday, nothing has changed in terms of our initial bias which is Bearish.
Price has now progressed after another manipulation and Failure to continue higher.
We want to continue to be bearish below 100.43
A break below 100.10 should accelerate the decline.
Updated Stop Loss is now 100.43.
Disclaimer: This is not financial advice.
Wavestructure
WAVES 73 % drop or it will go to ZEROWe really can't be bullish on WAVES. Last days there was a lot of bad news regarding WAVES and USDN which is WAVES' algorithmic stablecoin.
- USDN broke peg again.
- DAXA issued an investor warning and Upbit exchange delisted both assets.
It really gives LUNA's vibes.
Either WAVES will drop very low in this bear market or it will go to ZERO.
High risk coin but with a high risk , a high reward may come.
We will monitor the situation and keep you updated. Stay safe!
AUDCAD LONGPrice is consolidating in an expanding triangle from 1987 to till date after a clear bearish impulse from 1970s to 1987 which fundamentally 1980s ended in failure, a monetary policy failure – a deep recession provoked by interest rates of 18 per cent resulting in unemployment above 11 per cent. Then Corrected (A) to (B) with triple combo (Elliot Wave Correction) for 20 years and running for (C) wave since then beside Australia has seen average annual economic growth of 3.3 per cent over the period from 1992 to 2017. We are expecting and diagnosing wave (C) as shown in the graph. Have a better luck!!! If you like the idea hit support button. Thanks
CADJPY Impulse Correction ContinuationWelcome back! Let me know your thoughts in the comments!
**CADJPY - Listen to video!
We recommend that you keep this pair on your watchlist and enter when the entry criteria of your strategy is met.
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Brian & Kenya Horton, BK Forex Academy
WAVES nearest targets according to the forecast!#WAVES
▪️The price is clamped into a triangle, I am set for a strong takeaway, there are several targets that I have highlighted on the chart!
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PLTR: Big corrective structure?Clearly I was wrong with my previous PLTR view. Still would like to catch the impulse. Thinking LEAPS near $5 and diamond hand it? Let me know what you're thinking!
If you've been following for a while, sorry about the lack of posting. Life got very busy!
USDJPY ELLIOT PRICE ACTION BREAKDOWNFrom my own perspective, it portrays to me like we're in a correction phase. I mean, a general rectangular correction wave looking at the bigger picture on a monthly timeframe. Currently, we are in primary wave of wave C in micro wave of wave 4 and wave 3 got completed making a 78.6% retracement from the all time high. Moreover, wave 4 just go started which contains 3 waves i.e. ABC wave correction after making or attaining a 50.0% fibs level, expect price to push up to the overall time high. Then, from there we can look for selling opportunities to the down side.
lets watch and see how the market plays out.
TIPS:
WAVE A = 3 WAVES
WAVE B = 3 WAVES
WAVE C = 5 WAVES
CADCHF Swing I Headed down +150 PipsWelcome back! Here's an analysis of this pair!
**CADCHF - Listen to video!
We recommend that you keep this pair on your watchlist and enter when the entry criteria of your strategy is met.
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Cryptocurrency WAVES - trading planIf you look at all the cryptocurrencies on tradingview, only 4 are worthy of the current fall of Bitcoin. One of them is the cryptocurrency WAVES. And today we will share with you our trading plan for this cryptocurrency.
Important information! now you can choose the cryptocurrencies for which we will make predictions. Read how to take part in the free voting under this idea.
The cryptocurrency WAVES was actively falling throughout April. At a time when other cryptocurrencies were trying to grow, WAVES sellers were confidently looking for the bottom. And theoretically found. Since the beginning of May, we have seen that with the fall in the price of Bitcoin, the price of WAVES is either in place or even rising. The whole thing is in the range of $12 . This range proved its strength in May 2021. In January 2022, sellers managed to make a false break of this range. However, sellers failed to continue the decline.
WAVES cryptocurrency trading plan.
The presence of buyers, which they have proved with large volumes of bidding, allows us to plan trading situations in cryptocurrency WAVES. Large trading volumes and relatively small candles on the 3-day timeframe may be the result of fixing the profits of sellers who have been gaining their short positions since April 1. The main question is whether sellers will have the strength to break the liquid level of $ 12 without a deep correction?
In our opinion, this is unlikely. In case the price returns to the range of $12, we are ready to gain a position in this cryptocurrency up to $10. If the sellers manage to lower the price of WAVES below $10, we will look for a way out of a break-even position or a small profit.
If the WAVES price continues to rise from the current price, we will expect a stop at around $21.5. If after a rebound of $ 21.5 buyers again show strength around $ 12 it will be another great chance to buy WAVES with low risks. A stop order in this case should be placed below $10.
An alternative scenario will take effect if buyers do not keep the $10 mark. In this case, the price of WAVES will fall to $5.
#WAVES/USDT 5 HOUR UPDATE BY CRYPTOSANDERS Hello, welcome to this WAVES/USDT 4hr chart update by CRYPTOSANDERS.
I have tried my best to bring the best possible outcome to this chart.
Show some support do hit the like button, follow and comment in the comment section. this motivates me to bring this kind of chart analysis on regular basis.
CHART ANALYSIS :
Forming Falling Wedge in the 5Hour timeframe.
In Case of retest, Expect a +90-100% Bullish Wave.
Entry :-$11.80,$12.50 (SPOT CALL)
Target:-100%
Stoploss:-$$11.15
This is not a piece of financial advice.
Sorry for my English it is not my native language.
Do hit the like button if you like it and share your charts in the comments section.
thank you
WAVESUSDT - SETUPWAVESUSDT price parabolic move towards both side produced so much noise in the market. Now desperately want a clear move majority towards upside, But what the sentiments says? Yes there is a significant dropped and price reached at a very critical level of confluences a major support zone and 0.618% of fib level. A day closing above this level will definitely produced a hope, Let's wait for Price action!
WAVES AnalysisThe USD pair shows two different possible outcomes
A break of the large trend line due to a double top (Bear)
Or a bullflag that pushes price higher
To discern the difference we look at the BTC chart and see that it is in favor of the bulls, hence we can draw the conclusion that the bullflag must be dominant, and the USD chart is in the bulls favor.
Silver Which way? Hi Guys, the XAGUSD is in a structure where it needs to tell us where it will go in the future. Structure is showing us two possible scenarios the wave structure could develop. I will wait for a correction before buying or selling it. I guess setup will be clear next week and we all will know which way it will go.
Thank you for your support.
NZDJPY Short IdeaNZDJPY is at resistance and lines up with the downtrend line here in the 4 hour chart. Also, I am seeing it forming an ascending triangle in this this time frame as well, which is usually followed by a drop. I have included a fib retracement as well to show us possibilities of where the pair might retrace after its bullish move from last week. Let's see where how this trade goes! Good luck and thank you for looking!
USDJPY Short below the weekly StructureThe daily trend is down, the price has printed a daily Momentum low of 108.72. A new wave structure has started on the daily chart.
The 1hr chart broke down the ascending trendline of the current secondary trend(Correction). The simple approach is to measure the High to low of the trendline interruption, looking for a sell at the retest of the 109.85 which is also the 50% retracement of the interruption.
Entry Short: 109.76
Stop Loss: 110:00
Target: 108.72