Wolfe Wave
Two bullish scenarios for BitcoinBullish Wolfe waves formed on LTF Bitcoin charts. 5th wave was a clean liquidity grab.
I see two possible scenarios now; we either move up now and target the first green line, or we dip again and grab more liquidity (which is more probable and more favourable imo) to fuel for a bigger leg to the upside to target the second green line.
What are your thoughts?
Bullish on $UNIBullish Wolfe Waves on lower time frames of Uniswap's charts. Worth punting a long imo.
Entry might not be the best.
Targets marked in green lines all the way up to HTF supply (smallest portion of the position should be left after first two targets are booked and secured).
Stop loss below the sweep of the lows.
Use adequate position sizing and risk management.
usoil updateoil is in middle of wave 4 and now is completing first leg of WXY of wave 4 .now usoil will fill the gap appeared on the week opening market .we are seeing a harmonic pattern also confirming Y leg will begin soon . also we see USDCAD wave structure and DXY and CXY to get better insight for how usoil will move .
please see USDCAD as below
NASDAQ: No technical reason to go long!Hi Traders,
This is my view for this week on:
- NAS100
I remind you that this is only a forecast based on what current data are.
Therefore the following signal will be activated only if specific rules are strictly respected.
I really hope you liked this content and I would like to know what do you think about this analysis, so please use the comment section below to give me your point of view.
Pit
DISCLAIMER:
Trading activity is very dangerous. All the contents, suggestions, strategies, videos, images, trade setups and forecast, everything you see on this website and are the result of my personal evaluations and was created for educational purposes only and not as an incentive to invest. Do not consider them as financial advice.
DAX weekly exhaustion volume at wave 5 wolfOrder BUY DAX NASDAQ.NMS Stop 20.97 LMT 20.97 will be automatically canceled at 20230401 01:00:00 EST
DAX weekly exhaustion volume at wave 5 wolf at strong monthly support. Needs weekly downtrend break confirmation. Will exit for small profit if doesn't confirm.
MONDAY OVERVIEW on US Index and USD for Intraday and swingHi Traders,
This is my view for this week on:
- SP500 and NAS100
- NZDUSD
- USDCAD
I remind you that this is only a forecast based on what current data are.
Therefore the following signal will be activated only if specific rules are strictly respected.
I really hope you liked this content and I would like to know what do you think about this analysis, so please use the comment section below to give me your point of view.
Pit
DISCLAIMER:
Trading activity is very dangerous. All the contents, suggestions, strategies, videos, images, trade setups and forecast, everything you see on this website and are the result of my personal evaluations and was created for educational purposes only and not as an incentive to invest. Do not consider them as financial advice.
———————————
NZDUSD: Intraday and Swing ideas for this weekHi Traders,
This is my view for this week on:
- NZDUSD
I remind you that this is only a forecast based on what current data are.
Therefore the following signal will be activated only if specific rules are strictly respected.
I really hope you liked this content and I would like to know what do you think about this analysis, so please use the comment section below to give me your point of view.
Pit
DISCLAIMER:
Trading activity is very dangerous. All the contents, suggestions, strategies, videos, images, trade setups and forecast, everything you see on this website and are the result of my personal evaluations and was created for educational purposes only and not as an incentive to invest. Do not consider them as financial advice.
harmonic pattern on weekly timeframe we are waiting for this harmonic pattern to work .with this pattern in mind we should wait for a possible correction after this upward move near 78.6%fibo level @1.4
if this pattern works and corrective waves starts ,usoil will see a rally
pls see what will be coming up
next target is 1.4The widening interest rate differential made the U.S. Dollar a more attractive investment, contributing to the weakness in CAD. The Forex pair also gained after money market traders lowered the probability of a 50-basis point interest rate hike by the Bank of Canada in October to 85%.
The main trend is up according to the daily swing and the trend is likely to continue after the Fed raises its benchmark interest rate. On the daily chart, the next two targets are 1.3421 and then 1.4 .
The inflation data wasn’t the only factor weighing on the Canadian Dollar. The currency was also driven lower by a plunge in crude oil prices and weak investor sentiment.
take only sell positions over every corrections until 65$Oil slides on heightened recession worries and a fresh 20-year high for the US dollar.Fears about global recession ramped up after this week's round of rate hikes by central banks.
The threat of a global recession continues to weigh on oil prices, with widespread monetary tightening over the last couple of days fueling fears of a significant hit to growth.Central banks now appear to accept that a recession is the price to pay for getting a grip on inflation, which could weigh on demand next year
Oil prices were also lower as the US Dollar continued to march higher. The US Dollar Index xontinues to rise non stop, pushing past 112 to reach a fresh 20-year high. Dollar-denominated oil prices can be hurt by gains in the greenback's value as it makes the commodity more expensive to purchase by holders of foreign currencies
i only recommend to take short positions over every corrections towards 75$ and then 65 $
next target @103.16as pair dips down below the wolfe wave channel so the next target is 103.16 which is lower overlapped tk and ks of ichimikou .
this target is aligned with structure of our proposed wolfe wave channel .
wave count is seen as corrective wave unfolds after 5 impulsive wave
please see previous analysis
please share your comments
Quick hit n run [risky] shortBearish Wolfe Waves forming inside an ascending wedge.
I would wait for price to break the upper Value Area of the volume profile of the current trading range to confirm short entry .
RSI but looks ready for a little move to the downside. Golden pocket on the fib marked as well.
Will trigger myself a high leverage short taking targets first at the golden pocket, then according to reaction on POC and VAL of the volume profile I will decide wether to book more profits / close position or not. An ideal solution would be a sweep of the low.
Triangle fakeout / fake breakout could add confluence:
Trade safe and use adequate position sizing.