EduwaveTrading

EduwaveTrading

Hi traders, Last week Bitcoin made a correction down and went up again. It respected the Daily FVG so now it could go up again for the next ATH. Wait for the brweak of the last high to trade (short term) longs. Let's see what the market does and react. Trade idea: Wait for the finish of the small correction down. After a change in orderflow to bullish again,...

EduwaveTrading

Hi traders, Last week XAUUSD tested the higher Daily FVG again and dropped. This could be the start of the last C-wave (orange). So next week we could see a small correction up and another drop to finish the (orange) A-B-C ZIgzag correction. Or it turns out that the whole bigger correction was a Triangle (finishe before blue wave b) and we see the next...

EduwaveTrading

Hi traders, Last week SPX500USD started a coorection down (wave 4). The momentum of this pair is slowing down and it looks like it is making an ending diagonal. So next week we could see price come into the lower Daily/ Weekly FVG and from there we could see another upmove. Trade idea: Wait for the correction down to finish into the FVG's and a change in...

EduwaveTrading

Hi traders, Last week EU did exactly what I've said in my outlook. After a small correction up it began to drop slowly. This could be a leading diagonal wave 1. So for next week we could see a correction up for wave 2 and another drop to finish wave 5 (black). Let's see what the market does and react. Trade idea: Wait for the small correction up to finish and...

EduwaveTrading

Hi traders, Last week Bitcoin finished the Triangle and went to the profit target. After that it dropped and shot up. My main idea is that the bigger (orange) correction turned out to be a Flat (last impulsive leg down was (grey) wave c of the Flat). So now we could see more upside again. But it could be that the Triangle (small dotted lines) was wave 4 and...

EduwaveTrading

Hi traders, XAUUSD did not much last week. It's consolidating in the Daily FVG. It looks like it's making a Triangle correction pattern (orange wave B). So next week we could see another impulsive leg down to finish the (orange) A-B-C ZIgzag correction. Or it turns out that the whole bigger correction is a Triangle and we see the next impulsive wave up after...

EduwaveTrading

Hi traders, Last week SPX500USD did exactly what I've said in my outlook. I hope you made a good profit from it. On Friday price came into the Daily FVG,rejected and went up again. I think we could see a little more upside to the 1.272 fib extension of the previous impulsive wave but first some consolidation. Next week we could see price go up some more after a...

EduwaveTrading

Hi traders, Last week EU made a bigger ABC pullback (orange) to the 38.2 fib retracement of the last impulsive wave. It's clear that it is a correction and not a leading diagonal. Price broke structure but didn't close above it, so the swing low gets weak and I expect it to break. Last Friday it started the drop already and changed the orderflow to bearish. I...

EduwaveTrading

Hi traders, Last week Bitcoin made a correction down and after that it went corrective up again. It could be that the (orange) Triangle is bigger and we couuld see one more correction down. So now it can go down some more, and after that up again. Let's see what the market does and react. Trade idea: Wait for the finish of the correction down. After a change...

EduwaveTrading

Hi traders, XAUUSD did exactly what I've said in my outlook last week. It rejected at the open and made an impulsive leg down into the Daily FVG. After that it corrected into the higher FVG. So next week we could see another impulsive leg down to finish the (orange) A-B-C ZIgzag correction. Or it turns out to be a Triangle. Let's see what price does and...

EduwaveTrading

Hi traders, Last week SPX500USD did not drop but slowly went up some more. It could be making an ending diagonal here. So next week we could see price go up some more. Trade idea: Wait for ae correction down to finish and make a change in orderflow to bullish. After that you could trade (short term) longs. If you want to see more from my analysis, please make...

EduwaveTrading

Hi traders, Last week EU started the pullback just like I've said in my outlook. Now the pullback is becoming much bigger, so it could also be a leading diagonal for the next impulsive wave up. Next week I'd like to see price coming into the Daily FVG's above which is also the 50.0-61.8 fib retracement and from there a drop. Let's see what the market does and...

EduwaveTrading

Hi traders, Last week after Bitcoin finished the Triangle we saw another impulsive leg up just like I've said in the outlook. So now we could see another impulsive leg up after it finished the small correction into the Daily FVG. Let's see what the market does and react. Trade idea: Wait for the corrective downmove to finish before you take a long. If you...

EduwaveTrading

Hi traders, After XAUUSD did not respect the Daily FVG, it changed the orderflow to bullish. So like I've said in my outlook you could have traded longs after a small correction down on a lower timeframe. Now the correction up is very impulsive so we have to see what price does. If it wants to drop again we could see a rejection at the open next week for a...

EduwaveTrading

Hi traders, Last week SPX500USD made the correction up like I've said in my outlook. So next week we could see another drop into the Daily FVG lower to finish the correction pattern. Trade idea: Wait for the correction up to finish and make a change in orderflow to bearish. After that wait for a correction up on a lower timeframe and trade (short term)...

EduwaveTrading

Hi traders, Last week EU made a pullback into the 4H FVG again and after that it dropped to take out the Weekly liquidity (low of 2023) below. It came into the Monthly FVG and rejected from there to the upside. So next week we could see a pullback into the Daily FVG above and after that more downside. Let's see what the market does and react. Trade idea: Price...

EduwaveTrading

Hi traders, I've changed the wavecount of Bitcoin because it turned out to be a leading diagonal. Last week Bitcoin went up some more and after that it started a (corrective) downmove. I think we could see a Triangle pattern or another move down possibly in the Daily FVG and after that another impulsive upmove. Let's see what the market does and react. Trade...

EduwaveTrading

Hi traders, Last week's price action of XAUUSD did exactly what I've said in my outlook. It continued to drop lower the whole week. Now we could see a (small) correction up to the higher Daily FVG and 38.2 fib. retracement. Let's see what price does and react. Trade idea: Don't trade. Or wait for a (small) correction down on a lower timeframe to trade (short...