EduwaveTrading

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...

EduwaveTrading

Hi traders, Last week my analysis of SPX500USD was right again. After the finish of wave 5, we saw the start of the bigger correction down. So for next week we could see more downside for this pair after a (small) correction up into the Daily FVG lower. Trade idea: Wait for a correction up on a lower timeframe and trade (short term) shorts. If you want to see...

EduwaveTrading

Hi traders, Last week EU did exactly what I've said in my outlook. This pair made a small correction up into the FVG above and dropped for the rest of the week. If you've followed my analysis, you could have made a lot of money. Now for next week we could see a slow move down lower to take out the liquidity below. After that it can go up again. Let's see what...

EduwaveTrading

Hi traders, Last week Bitcoin did exactly what I've said in my outlook. Price came into the Daily FVG and reversed from there to a new ATH. If you've followed my analysis you could have made a lot of money. Now wave 5 has finished and it's too late to buy. So wait for the (corrective) downmove first before you take any trade again. Let's see what the market...

EduwaveTrading

Hi traders, Last week XAUUSD continued the bigger correction down into the Daily FVG. From there it went up again. I think wave 4 hasn't finished yet. So next week we could see more downside for this pair. Let's see what price does and react. Trade idea: Wait for a (small) correction up on a lower timeframe to trade (short term) shorts. If you want to learn...

EduwaveTrading

Hi traders, Last week my analysis of SPX500USD had been chosen for the Editor's Picks of Tradingview. It was very funny to read many comments that my analysis was wrong and that it was more likely that this pair would drop then rise. Now a week later we see who was wrong and who was right and who made a profit. As a trader you always have to trust your own...

EduwaveTrading

Hi traders, Last week EU did exactly what I've said in my outlook. The correction finished into the Daily FVG and 38.2 fib retracement and dropped from there. For next week we could see a small correction up into the FVG above and from there a drop lower. Let's see what the market does and react. Trade idea: Wait for price come into the FVG above and trade...

EduwaveTrading

Hi traders, Last week Bitcoin finished a triangle correction down (wave 4 orange) and started another upmove and correction down for wave 5 (orange). So next week we could see another upmove to finish wave 5 of the diagonal. Let's see what the market does and react. Trade idea: Wait for the correction down to finish (ideally into the Daily FVG), a change in...

EduwaveTrading

Hi traders, Last week XAUUSD did exactly what I've said in my outlook. After a small correction it continued up again and dropped after it reached the 1.272 fib extension of wave 3 (orange). For next week we could see the continuation of a bigger correction down to finish wave 4 (blue). Let's see what price does and react. Trade idea: Wait for a (small)...

EduwaveTrading

Hi traders, Last week SPX500USD dropped and slowly went up again. I think next week we could see the finish of the complex correction down (wave 4) and the last leg up to finish wave 5. Trade idea: Wait for the complex correction down to finish and after a change in orderflow to bullish and a correction down on a lower timeframe you could trade (short term)...

EduwaveTrading

Hi traders, Last week EU made a bigger (complex) correction up. I think the correction hasn't finished until it reaches the 38.2 fib retracement. So for next week we could see some more upside into the Daily FVG above and from there a drop lower. Let's see what the market does and react. Trade idea: Wait for price come into the Daily FVG above and trade (short...

EduwaveTrading

Hi traders, It looks like the wavecount for the extended wave 5 (red) is invalidated. So I go with the analysis of an ending (or leading) diagonal. Last week Bitcoin started a correction down (wave 4 orange). This looks like a triangle is in the making. So after the finish of the correction down we could see another upmove for wave 5 (orange). Let's see what...

EduwaveTrading

Hi traders, Last week XAUUSD did exactly what I've said in my outlook. After a small correction it continued up again. For next week we could see the continuation of the leg up to finish the impulsive leg wave 3 (blue). Let's see what price does and react. Trade idea: Wait for a (small) correction down on a lower timeframe to trade (short term) longs. If you...

EduwaveTrading

Hi traders, Last week SPX500USD dropped into the Daily FVG and slowly went up again. I think next week we could see the last leg up to finish wave 5. Trade idea: Wait for a change in orderflow to bullish and a correction down on a lower timeframe to trade (short term) longs. If you want to learn more about wave analysis, please make sure to follow me, give a...

EduwaveTrading

Hi traders, The momentum down for EU was too strong and the outlook last week was wrong. After this pair made a corrective upmove it started the next move down. So for next week we could see more downside into the Daily FVG below. Let's see what the market does and react. Trade idea: Trade (short term) shorts after the finish of a correction up on a lower...

EduwaveTrading

Hi traders, Last week Bitcoin did exactly what I've said in my outlook. It stayed above the Daily FVG, made a small correction down and another upmove exactly to the target of my arrow. So did you make some money? I did. Now for next week we have to see what the market does. It could be making an ending diagonal for wave 5 and next week we see a correction down...