TimeWaveTrading

TimeWaveTrading

GBPUSD is likely to be the second daily correction process. A rebound from the 4-hour demand zone could lead the pair back towards its previous highs. However, since the daily supply zone is located above, if it does not break here, or if it stays below the blue line below, you can proceed to the weekly correction process. So, in order to continue rising, it must...

TimeWaveTrading

DXY did not continue the 4-hour upward wave and created a daily correction pattern. So, there are various cases. The two most likely cases are If the correction pattern is completed by rebounding in the daily demand zone below the first The second is when the rebound fails, breaks the low, and the daily downtrend continues. The DXY is nearing a bearish trend as a...

TimeWaveTrading

AUDUSD's rebound may not be over yet. The reason is that it can even reach the daily supply zone. The problem is that if the highs are renewed without falling here, a weekly correction of the running flat pattern may appear, and since there is a high probability of being supported above that blue line, it can be extended again to the monthly correctoin process....

TimeWaveTrading

EURUSD rebounded sharply. It seems that the correction pattern has become a running flat. The impulse start point will be the new daily correction trend line. But above it sits the daily supply zone. So the pattern will change depending on whether or not it breaks through this area. If it breaks through this area and renews the high, a second upward wave following...

TimeWaveTrading

DXY has two scenarios. The condition starts when the downtrend is paused. The reason is that the 4-hour upward wave correction trend line is being maintained and the 4-hour bullish pattern is on the rise. A new 4-hour correction trend line is expected to be drawn, which may result in a second rise once the running flat pattern is completed. Then it can rise to...

TimeWaveTrading

AUDUSD has become a daily correction pattern. The reason is that the correction trend line of the daily rising wave cannot be maintained and is broken. If the current rebound becomes a small correction pattern, there may be a downtrend, so please take a good look at it. If so, the target expects the weekly demand zone to reach near.

TimeWaveTrading

USDCAD's 2nd uptrend failed and the 4-hour correction trend line was broken. It has become a correction pattern, and if it finds support in the daily demand zone below, a second rise could come. The upper side is around the weekly supply zone, and the direction is expected to change based on the red dotted line.

TimeWaveTrading

EURUSD is expected to create a correction pattern. There are several predictable patterns, the most likely one will be a running flat, then a bearish wave. The target is to break the daily correction trend line of the uptrend, near the weekly demand zone below. The reason is that a weekly correction trend line of a new downtrend is drawn from the high.

TimeWaveTrading

EURUSD seems to be trying to build a structure that can grow in a leading diagonal pattern on the 15-minute chart. Then the reversal can happen. However, the condition is that the 4-hour correction trend line of the rising wave below should not be broken. Because it is the starting line of Impulse. If it is broken, it becomes invalid. And, for the daily uptrend to...

TimeWaveTrading

For US Oil, a correction pattern was detected that appeared to be a leading diagonal pattern on the 1-hour chart. If the lower 4-hour upward correction trend line is not broken, it could rebound to the daily supply zone. However, since the upper high is the starting line of the daily downtrend, a downtrend may appear again. Overall, the weekly upward wave has...

TimeWaveTrading

USDCAD can be performed as a weekly correction process. If so, there are 2 weekly supply zones, and bearish can occur around them. Currently, it is the initial pattern of the 4-hour rising wave, and if this line is maintained and rises, there is a high probability of a weekly correction. Otherwise, it will be a daily correction and the low will be tested again.

TimeWaveTrading

Natural gas is expected to undergo a weekly correction process. Therefore, a rebound to make a daily downtrend correction trend line is expected, and a daily downtrend is expected to occur thereafter. The target will be a weekly demand zone, where again it will be divided into a weekly or monthly correction according to the bullish or correction pattern.

TimeWaveTrading

GBPUSD needs to find support above a very important line for a daily uptrend to follow. If it doesn't, it could go down to the weekly demand zone where it stays below that blue line. The monthly supply zone keeps coming down. If the daily upward wave does not continue, the probability of a monthly correction pattern increases.

TimeWaveTrading

USDJPY is in a daily downtrend, and in order for the downtrend to continue, it should propagate in a weekly bearish pattern. Therefore, we expect a weekly correction to appear sooner or later. The top of the high can be the starting line of the weekly correction trend of the downtrend, and it is expected that the downtrend will continue after the weekly...

TimeWaveTrading

A bullish scenario could arise if the 4-hour uptrend breaks through the daily supply zone without breaking. The target will be a weekly supply zone.

TimeWaveTrading

EURUSD fell deeply after failing to create a support line for the 4-hour uptrend. The daily downtrend continues as it has not yet broken the 4-hour downtrend correction trend line. Even if it rebounds, there is another daily supply zone below the daily correction trend line of the bearish wave. If it fails to break through this area, it will fall again. If so, it...

TimeWaveTrading

USDCAD created a daily bearish pattern. The daily downtrend should continue, but it can be seen in the movement of an ending diagonal pattern from the lows, if so, a Bullish pattern may emerge soon. So it looks good to try next week's lows. If this bullish pattern continues, a weekly upward wave may come out again, and if the red dotted line fails to break...

TimeWaveTrading

EURUSD rebounded after the daily correction process deepened. However, since the 4-hour correction trend line of the rising wave was not drawn, the 4-hour correction trend line of the falling wave is drawn and the correction is again showing. In the process, the lower support line is formed and if it breaks the last line of the downtrend, it will reach the weekly...