Long EURUSD. Wolfe Waves technique at attempt.Find buy opportunity now at EURUSD. Wolfe Waves technique at attempt.
TP1: 1.1300.
News:
EUR/USD to advance nicely towards 1.13 by year-end – Nordea
Wolfe Wave
XTZ - Tezos ANALYSISTezos (XTZ) on 4 hour timeframe formed a Wolfe pattern and it is heading towards it first target of $3.22.
The RSI indicator is also forming a divergence which supports it bullishness.
The support trendline is good for building buy/long position a stop loss below it is advised but not tight to avoid being chased out of the momentum.
Tesla (TSLA) ...Time to Power Down ??TSLA has had a good run since (+66% in 40+ days).
Much better than broad markets (approx. 13%)
A Wolfe Wave (started 2/24/2022) has met its time and price projection.
A harmonic projection of possible D reversal points suggests a pause is near at hand having hit our second of three price levels.
Lets let this upward trend play out. Don't fall for FOMO and I'll follow up with reversal targets when the D point appears confirmed.
Not investment advice.
Do your own Due diligence and respect market and world trends and events
S.
short toward 37000main scenario
short toward 37000
why ?
completion of wolfe waves on 4H
a clear divergence on MACD on 4H
price stable below 200 EMA on Daily and 4H
price action about breaking trend line of 1-4 of wolfe waves
indication of ichimikou for bearish move(for simplicity i turned off ichimikou on the chart)
alternative scenario
in case of failure and price goes up and stable inside the channel depicted on the chart and stable above 200 EMA ,the target is 46000
any idea ,please share
tnx
NIO 1h wolfe wave bearishI would stick with the trend between the two solid lines unless it breaks the channel.
A Wolfe Wave is a chart pattern composed of five wave patterns in price that imply an underlying equilibrium price. Investors who use this system time their trades based upon the resistance and support lines indicated by the pattern.