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Wavetheory

EURUSD, stuck in the middle In this video I go over EURUSD from the Monthly, down to the 4hr. Monthly is Bearish Weekly is Bullish but with my favorite Bearish Div Setup. Daily has seen a HH-LL-LH-LL ABCD type formation, all this after my fav setup (Div w/Kijun break) on the weekly... So cautiously Bearish. 4hr shows some downside targets using Ichi Wave Theory, should this divergence play out. As always, good luck, have fun, practice solid risk managment. PS... Last 4hr target is 1.067... not the 1.076 my lysdexic ass stated :wink:
Short
by mrjones2020
Anticipating a Significant Drop After One WeekDear Traders, I regret to inform you that the last wave of #CHFJPY still needs to be completed. Based on my analysis, I expect this completion to occur around the range of 163.9 to 164.4. To mitigate potential risks, I highly recommend taking some hedge positions for your sell positions. It is advisable to allocate at least half of your lot size for these hedge positions. Additionally, please ensure that you set your take profit level at 163.9 and place a stop loss at your entry point. I have provided a rough map indicating possible future movements. While it may not be entirely accurate, it can give you an idea of suitable points to consider initiating hedge positions and setting take profit levels. For the upcoming week, it is crucial to prioritize account safety and remain cautious. A significant downward bearish trend is anticipated to commence soon. To assess the future profit potential, I suggest monitoring # OANDA:XAUJPY and # $OANDA:XAUCHF. #XAUJPY has already reached the end of wave 5 in the bullish market, while #XAUCHF is poised to experience wave 5 in the uptrend. Consequently, these indications strongly suggest that JPY will likely gain strength in the near future. By employing hedge positions, you can safeguard your account during this period. Wishing you a safe week ahead, with the anticipation of substantial profits to come. Best regards,
Long
by USTC2021
1
AUDUSD - 240 MINS TIME FRAMEThe Structure looks good to us, waiting for this instrument to correct and then give us these opportunities as shown on this instrument (Price Chart). Note: Its my view only and its for educational purpose only. Only who has got knowledge about this strategy, will understand what to be done on this setup. its purely based on my technical analysis only (strategies). we don't focus on the short term moves, we look for only for Bullish or Bearish Impulsive moves on the setups after a good price action is formed as per the strategy. we never get into corrective moves. because it will test our patience and also it will be a bullish or a bearish trap. and try trade the big moves. we do not get into bullish or bearish traps. We anticipate and get into only big bullish or bearish moves (Impulsive Moves). Just ride the Bullish or Bearish Impulsive Move. Learn & Know the Complete Market Cycle. Buy Low and Sell High Concept. Buy at Cheaper Price and Sell at Expensive Price. Keep it simple, keep it Unique. please keep your comments useful & respectful. Thanks for your support.... Tradelikemee Academy
Short
by Tradelikemee
BTC/USDT Bullish Trend There are number of psychological factors that make it very easy to assume that it is what you don't know about the markets that causes your losses and lack of consistent results. join me here as I coach you to rethink again. Let prove to you that the consistency you seek is in your own mind and not the market. When you look at BTC USDT chart we can see a sudden break out to the up side a few days ago, bounced from the support level, which coincide with the support zone This rally to the upward impulse higher of this level and zone, was to confirm the presence of the Triangle structure. I encourage you not to worry if you missed this rally. join again at a retest between the 50% and 68% fib level zone when market gives another entry. place your target around 34000 to 35000.
Long
by oxxygee
1
Gold Bearish Development From the chart, we can see that the price is moving within a bearish channel for the the past weeks. Price already created a strong resistance zone near 1968 and continue to hold which is a clear indication that this bearish movement will hold. The last zone of support will be near the base of the channel after completion of the bigger WXY and it's internal degree abc. hold your short position or open a short position at a god entry point with your target at 1888.36 Good luck
OANDA:XAUUSDShort
by oxxygee
Bitcoin Analysis - 2023.06.15INDEX:BTCUSD CMP: 24955 BTC has completed wave 4 (black color) - which is a triple three WXYXZ (blue color) type of correction - around 24770, which is also the top of Wave 1 (black color). - Confirmed by internal wave counts of WXYXZ. - Hourly TF shows positive RSI Divergence - Hourly TF shows early indication of MACD crossover with MACD line crossing above signal line - Hourly TF shows increased volume One can go long from here for target of 30800 - 32300 - 34600. SL should be daily close below 24800.
INDEX:BTCUSDLong
by MalayKJ
#BTC BULLISH FLATHello, TradingView Community! Today, I want to talk about a critical structure in Elliott Wave Theory: The Bullish Flat. This pattern is part of the 'corrective wave' group and often signifies a temporary interruption of an uptrend. Understanding its structure can be very beneficial for both swing and day traders. Here's an example chart showing a Bullish Flat. Structure: A Bullish Flat consists of three waves - labeled A, B, and C. Waves A and B consist of 3 sub-waves each, and Wave C consists of 5 sub-waves. Wave A: The first wave, A, is a corrective move to the downside. However, it's typically not as intense as a primary trend reversal. Wave B: Then comes wave B, which is an upside move. Interestingly, in a flat, wave B ends about the same level that the preceding impulse wave ended, meaning it retraces almost 100% of Wave A. Wave C: Finally, Wave C comes into play, another move to the downside, with a structure similar to an impulse wave. It ends slightly below the end of wave A before the overall uptrend resumes. Identifying these structures accurately can offer profitable trading opportunities. By entering long positions at the end of Wave C, traders can capture the next impulse wave in the prevailing bullish trend. Remember, no pattern provides a guaranteed outcome, so always use other forms of technical analysis for confirmation and manage your risk effectively. Stay tuned for more Elliott Wave Theory insights and happy trading!
BITSTAMP:BTCUSD
by optimizedtrading
Hellena | GBP/USD (4H): Short after wave 5!Last week, there was a strong channel breakout that changed our plans! Interestingly, I still expect the price to reach the option contract level of 1.23973 in the future, but for now let's focus on closer targets. I anticipate that Wave 3 is not yet complete, so I expect Waves 3, 4, and 5 to follow. Then, I anticipate a correction to the level of 1.27422. Manage your capital correctly and competently! Only enter trades based on reliable patterns!
Short
by Hellena_Trade
2
ELECTROSTEEL CAST - AN INVESTMENT PICKHEY FRIENDS, Here I am sharing my views on ELECTROSTEEL CAST (NSE). First we understand the overall past structure of this stock as per ELLIOT WAVE counts. The stock was in double correction phase in the Wave structure as WXY which is now completed and now we are in Impulse wave structure of 1-2-3-4-5, in which Wave 1 and 2 are completed and now we are unfolding bigger wave 3 of impulse wave 1-2-3-4-5. The overall structure is given below Now as per price action and chart patterns, the stock has given a breakout of FLAG N POLE Chart Pattern with good intensity of volume in weekly time frame. This pattern suggest that the stock may move towards north approx. to the size of pole. As we see that there is bullish bias for this stock, the supporting indicators such as MACD, BOLLINGER BANDS and DIRECTIONAL MOVEMENT INDEX are also in our favor in double time frame. MACD in Daily Time Frame - Positive Uptick MACD in Weekly Time Frame - Positive Uptick At the time of Breakout, the Price is Challenging Upper Bollinger Band Directional Movement Index is also Positive Uptick in weekly time frame Summary- The Stock is in Uptrend and now this stock is ready as BUY ON DIPS so one can add this stock in their portfolio at any dip you get with the Stoploss of 26.50 RS Thank you -KARAN DINGRA DISCLAIMER - I am not a SEBI registered analyst. All my studies are for educational purpose. I am not responsible for any kind of your profits and losses.
NSE:ELECTCASTLong
by KARANN_DINGRA
2
Nifty50 Day End Analysis 2023.06.06NSE:NIFTY currently into iii (pink color) of 5 (orange color) of 5 (blue color) of 3 (gray color). Wave ii (pink color) retraced wave i (pink color) by 61.8%. As Nifty is currently into Wave iii (pink color), expecting Nifty to take out the trendline (purple color - from ATH to recent high) resistance around 18650 by providing a gap-up opening tomorrow above that level (this is because in 3rd waves, critical resistances are normally taken out by having a gap-up or gap-down opening). Expecting Wave iii (pink color) to end around 18750 which is 161.8% extension of wave i (pink color). View remains invalid if Nifty closes below 18560 on hourly candle.
NSE:NIFTYLong
by MalayKJ
GBPAUD I Returning to the peak and possible rejectionWelcome back! Let me know your thoughts in the comments! ** GBPAUD Analysis - Listen to video! We recommend that you keep this pair on your watchlist and enter when the entry criteria of your strategy is met. Please support this idea with a LIKE and COMMENT if you find it useful and Click "Follow" on our profile if you'd like these trade ideas delivered straight to your email in the future. Thanks for your continued support!
Short
by BKTradingAcademy
19
Sell wheat everyday 🐻🍞Who sells wheat everyday? It’s the price-reducing wheat bears who want to provide us all with a cheap basic supply of food. "Affordable wheat for all," chant they, offering reduced-price bushels of wheat to anyone who comes their way. At the moment, they are not to be restrained in their sell-off ecstasy, however, we already see the low of the blue wave (v) lying shortly before us, which means that this sell-off should soon come to its end. The wheat price is already in our green target zone here (between USX 662 and USX 472), where we expect a trend reversal. The bulls should therefore report back before too long and point to the need for higher wheat prices. It should be noted that with the end of said blue (v) wave, an overarching and relatively long-lasting correction should also come to its end. Therefore, our green highlighted target zone can serve as an excellent entry opportunity for speculations on the long side.
CBOT:ZW1!Long
by MarketIntel
1