EduwaveTrading

EduwaveTrading

Hi traders, Last week EU went up just as I've said in my outlook. But I did not expect such an impulsive (almost vertical) move up (wave 3) so I've updated the wave count. Price smashed through the bearish Daily and Weekly FVG (making it a BPR) and now rejected from the bearish Daily FVG higher. So next week we could see a pullback into the Weekly/ Daily BPR...

EduwaveTrading

Hi traders, Let's keep it positive for Bitcoin. So it could be that the last drop was an impulsive wave of a bigger correction. I've updated the wave count. So now we could see a (corrective) move up again to the Daily FVG. Let's see what the market does and react. Trade idea: Wait for a sweep of the previous lows, a change in orderflow to bullish and a...

EduwaveTrading

Hi traders, Last week XAUUSD slowly went up and dropped on Tuesday. I think this was the finish of an ending diagonal wave 5 (grey). I've adjusted the wave count. Next week we could see a correction up to the FVG's above and after that another drop. Let's see what price does and react. Trade idea: Wait for for a change in orderflow to bullish and a small...

EduwaveTrading

Hi traders, Wow! Last week the price action of SPX500USD went exactly to the target as predicted in my outlook. On Monday it dropped and after a correction up it took the liquidity under the previous lows and filled the 4H FVG. I've updated the wave count. Now next week we could see a corrective upmove to the higher 4H FVG. Let's see what the market does and...

EduwaveTrading

Hi traders, Last week EU started impulsive up as I've predicted in my outlook but it could not break the highs and on Wednesday it dropped. Now it could be that this was a leading diagonal (orange wave 1) and price has now finished wave a (grey) of wave 2. In that case next week we could see a correction up and another impulse down to finish wave 2 (orange). Or...

EduwaveTrading

Hi traders, Bitcoin is in a big range. If it wants to go up I think it could come down one more time into the direction of the dotted trendline to break the previous lows. So at the moment we could see more downside for this pair. If Bitcoin wants to make a new ATH it could not go lower than (orange) wave 4. Let's see what the market does and react. Trade...

EduwaveTrading

Hi traders, Last week XAUUSD slowly went up after a bigger correction down the week before. It looks like this pair finished (grey) wave 4 and is now in (grey) wave 5. It this is true, then next week we could see more upside again. Let's see what price does and react. Trade idea: Wait for for a change in orderflow to bullish and a small correction down on an...

EduwaveTrading

Hi traders, Last two weeks price action of SPX500USD followed exactly my outlook. On Monday February, 10 price closed above the low of previous Friday. And after a correction down it made a new ATH last Wednesday. After that it dropped. So I think next week we could see more downside to take the liquidity under the previous lows. Let's see what the market does...

EduwaveTrading

Hi traders, The last two weeks the price action of EU went as I've predicted in my outlook. It finished the correction down and after that it went up impulsive to follow with another correction down. This does not look like an impulse wave 3 so I think I have to update the wavecount later. But at the moment this pair is still bullish. So next week we could see...

EduwaveTrading

Hi traders, Last week Bitcoin came into the Daily FVG and went up impulsive just like I've said in my outlook. After that it corrected down again. So this the decision point. If Bitcoin wants to make a new ATH it could not go lower than (orange) wave 4 and it has to go up from here. Let's see what the market does and react. Trade idea: Wait for a change in...

EduwaveTrading

Hi traders, Last week XAUUSD made a sharp correction down and after that it went up again. It looks like price is making an extended (grey) wave 3. It this is true, then next week we could see the finish of a correction down and after that up again. Let's see what price does and react. Trade idea: Wait for the correction down to finish. After that wait for a...

EduwaveTrading

Hi traders, Last week SPX500USD followed the prediction in my outlook. It finished the corrective move down into the lower 4H FVG and after that it went (corrective) up again. So now on Monday is the decision. If Monday closes below current price action this pair could go down lower for the break of the low from the (orange) Y-wave. But if Monday closes above...

EduwaveTrading

Hi traders, Last week EU went as I've predicted in my outlook. It finished the correction down and after that it went up impulsive to follow with another correction down. This could be wave 1 and 2 of the bigger (red) wave 3. It this is true, then next week we could see another impulsive wave up into the direction of the Daily FVG higher. Let's see what the...

EduwaveTrading

Hi traders, Last week Bitcoin made the ABC correction down just like I've said in my outlook. But after that it went up very corrective. So this correction down could become a complex WXY correction down. In that case we could see another ABC correction down now to finish the (grey) Y-wave into the Daily FVG. Let's see what the market does and react. Trade...

EduwaveTrading

Hi traders, Last week XAUUSD did exactly what I've said in my outlook. After the finish of the correction down and a retest into the lower Daily and 4H FVG, price went up again to make an ATH. There were some comments that I was wrong and price would not make an ATH. Well, I've made money. Did you? Now price is rejecting and wave 5 (grey) could be finished. So...

EduwaveTrading

Hi traders, Last week SPX500USD did exactly what I've said in my outlook. On Monday it dropped impulsive to the downside and after it reached the Daily FVG it correctively went up again. On Friday it started the next move down. So next week we could see the finish of the corrective move down into the lower 4H FVG and after that more upside. Or if it breaks the...

EduwaveTrading

Hi traders, Last week EU did exactly what I've said in my outlook. It started the correction down (wave 2). So next week we could see the finish of the correction down and after that another big impulsive wave up. Let's see what the market does and react. Trade idea: Wait for a small correction down, a change in orderflow to bullish on a lower timeframe and...

EduwaveTrading

Hi traders, Last week Bitcoin finished the correction down into the Dailly FVG and after that it made a new all time high just like I've said in my outlook. After the new ATH it immediately reversed to the downside and now it's in a consolidation. It looks like this pair is making an ABC correction down. Let's see what the market does and react. Trade idea:...