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Weiswave

GBPUSD - For the "SI Traders" this is a Wyckoff Up-Trust and.... The Story: Price is ranging We have a false break with very high PVR The reaction up wave is long wave having a hard time to move up Then a PRS signal confirms the Wyckoff Up-Thrust Furthermore the reaction after the down move is an up wave with an Abnormal SI of 35.3 which is a HTMU wave (Hard to Move Up) = more sellers and down we go again. The "SI traders" know that this a Wyckoff Up-Thrust and a HTMU by just reading the Speed Index numbers. Enjoy! Learn to read and trade any market!
Short
by TradeTheVolumeWaves
EURNZD- This is why it moved 248 pipsThe Story: High PVR on 1st touch of support level = buying has started Increasing PVR as price moves down which means buyers on the down Double Long signal from Plutus WS and PL High PVR again without the price moving down and then moving up Therefore all the previous logic was correct and these were buyers. This called the "FOLLOW" methodology :"Let them do what they have to do and then follow" Entry. Enjoy! Learn to read and trade any market!
Long
by TradeTheVolumeWaves
EURAUD - Probable Wyckoff Spring - The ForecastLearn to read the chart. The Story: We are balancing on a significant Fib 61.8 Last SI before the fake break of Fib quite High at 17.6, probable buyers Fake Break = Wyckoff Spring formation start. PVR quite high Plutus comes with a Long signal PRL Abnormal SI of 21.0 = buyers on the way down The reaction : large up volume wave with the corresponding pip move The Forecast and possible entry is shown on chart. If we break that Entry Level line the Spring is confirmed.
Long
by TradeTheVolumeWaves
BTCUSD Pullback to Neckline Accomplished. 50% drawdown expectedSigns of reversal, market structure choppy. Flat correction in consecutive double three zig-zags on the upper boundary of a macro diagonal after an complete impulsive wave; lower highs with decrease of volume, showing lack of confidence by the buyers-side, as shown on Weis Wave Volume indicator; overbought condition. Harmonic patterns: potential bearish Crab leading to supply. If price action don't reach this area breaking volume POC, a least a back-test to VWAP from the higher high can be occur, leading by an 3-Drives pattern. High possibility of a POC back-test @ preferencial 14,6% Fibonacci retracement zone. Plus AB=CD bearish projection leading to the micro demand zone. Strong hidden bearigh divergence on CCI oscillator. Short position swing perspective: if price broke weekly pivot level @ 21009 with strength, possible intermediary target @ 18229 support. The price can retrace to the pivot. MACRO Weekly price action: the price made a strong bearish candlestick pattern Harami Cross. The price is trading in a broadening structure like a ending diagonal formation. Weekly scenario: price pulled back to neckline from the major Head and Shoulders back-testing the VWAP from ATH. In a potential fractal from the 1st test of this VWAP, in which the same Harami Cross performed in an overbought condition, showing that a strong supply was reached. In addiction to the fractals, I've selected the local choppy structure and calculated the pivots by the sum of high+low+close:3, resulting in a key level exposed, in which price retraces before continue the decline in an impulsive bearish leg-Down. Expectation: possible lower low if a throw-over occurs in a breaking of the expanding diagonal structure. this can be lead price to touch the same 88,6% Fibonacci level as occurred historically in all corrections. Therefore, a drawndown of 50% to the 11k level seems strongly possible, --------------------- Bitcoin is about to complete it's first Wave 1 Grand Super Cycle bull run, in which actual point seems to be forming a ending diagonal of 5th impulse wave.
Short
by firmestudio
7
DOGE/USDTDoge is in an interesting accumulation formation, and at the moment its price is below the Ichimoku Cloud, which may imply a new setback before it crosses it. I understand that the Cloud above the price acts as a resistance region, and the more dense it is, the more difficult it overcomes it. With that in mind, we can see that in this case it is not that dense, so it does not seem like a strong resistance (I may be mistaken, of course). So, the best thing to do is to wait for a price consolidation above the Ichimoku Cloud for a safer entry and with greater profit potential. It is also important to note that the volume has been falling in recent days and at any time we may have gained volume due to the optimism that the market has shown today (if it will happen ... Well, I am not a seer lol). WT_CROSS indicates upward movement, Weis Waves has been forming small and almost inexpressive waves, considering also the volume traded and the fact that the price has formed an area of ​​accommodation, I believe we can see the price evolve considerably, if not in the next hours, but in the next days. Important to note: always do your own research and remember that the decision to follow this idea (which is personal) is not mine. Therefore, this is not a financial advice. Good luck!
Long
by fgolobovant
4
Weis Wave with Heikin-Ashi Trend TraderHi all, This is my first post on Trading View so I hope I lay this outright. What we have here is Heikin-Ashi candles with a Weis Wave indicator which triggers buy and sell signals. The strategy works best on 5 min chart. The Heikin-Ashi is important for the volume indicator to work properly in this case I have had issues where the entry and exit price of the trades changes due to the issues of backtesting with Heikin-Ashi so... Does anyone know how I can stop the entry and exit price changing in a backtest? Any comments for constructive discussion would be appreciated. Thanks!
Short
by sam_packer