TimeWaveTrading

TimeWaveTrading

AUDUSD may continue its daily downtrend. Even if it rebounds, the 1 hour, 4 hour, and daily supply zones are stacked on top of each other. Therefore, it is better to look for opportunities to sell. Please take a look at EURAUD as well. Relatively, while EUR fell, AUD fell less. Now, if EURAUD rises, AUDUSD is likely to fall.

TimeWaveTrading

US Oil is likely to start a daily downtrend after the weekly correction is over. If it rebounds into the daily supply zone, it could be a good place to sell. However, since oil is in the monthly demand zone, it could be a big rebound if it finds a bottom. However, it takes time. The daily downtrend should stop first. Then, make a weekly correction pattern and see...

TimeWaveTrading

EURUSD is below 1.0 and below the blue support line. After the daily correction is over, it is very likely that the daily downtrend will continue. If it settles above the blue support line and again above 1.0, the possibility of reaching the weekly supply zone is always open. However, the resistance zone is quite thick and there are many obstacles to overcome, so...

TimeWaveTrading

USDCAD could lead to an uptrend in the daily bullish pattern. But upwards, a downward wave could be triggered by the influence of the 4-hour supply zone. A breakout of the 4-hour supply zone and support near this area will result in a 4-hour uptrend and may renew a high. Conversely, if the 4-hour bearish pattern continues, it will move down towards the daily...

TimeWaveTrading

GBPUSD is continuing the downward wave of the 4-hour bearish pattern. Also, the upper time period has daily and weekly decline waves. So, the downtrend will be a very strong pattern. Therefore, there are four-hour supply zone, daily supply zone, and weekly supply zone where the downward wave continues, and it is possible to break through this resistance zone to...

TimeWaveTrading

DXY has reached the monthly supply zone. However, the trend is in the course of a daily bullish wave, slightly above the daily supply zone. If it breaks above the daily supply zone and finds support, the daily uptrend will continue, and if it falls below it will move down to the daily demand zone. A rebound is likely in the daily demand zone, as this is where a...

TimeWaveTrading

GBPUSD is in a daily downtrend. Breaking out of the edge-shaped downtrend could lead to a short-term upside near the daily supply zone. This daily supply zone is a very strong resistance zone that can lead to a continuous daily downtrend. However, if it breaks through this daily supply zone again and finds support near it, the daily supply zone becomes a strong...

TimeWaveTrading Updated 

EURUSD found a retracement after the rise of the first leading diagonal pattern, but recovered again, finding support above the psychological resistance line of 1.0. If it settles above the 1.0 line and resumes rising again, it can reach the weekly supply zone. However, if it stays below the 1.0 line, it will update the floor. Even if a retracement comes from...

TimeWaveTrading

AUDUSD is a failed attempt to break above the blue support line in the center of the chart (formerly the monthly support line). Therefore, a four-hour downtrend can last, and it is a case of propagating as a daily downtrend. Thus, two trends can be predicted. The first is when the weekly correction is finished and the daily downtrend continues. As long as it...

TimeWaveTrading

EURAUD renewed its floor as the bullish pattern failed. It is currently below the daily bearish wave, but could rise above the daily supply zone as a 4-hour bullish pattern with a reversal structure has been created. Even if a retracement comes from here, if it is supported within the daily supply zone, it can be an impulse that breaks the daily downtrend. The...

TimeWaveTrading

AUDNZD is the end of the monthly down wave, and it can be a monthly up wave by the monthly unit correction process while drawing the start line of the yearly up wave. Currently, a weekly upward wave is in progress, and a 4-hour upward wave is in progress in the lower hour. Even after the 4-hour uptrend ends, it is likely to rebound because there is a daily demand...

TimeWaveTrading

Gold has rebounded in the weekly demand zone. The retracement is now in the daily supply zone and is consolidating near the previous daily support line. Gold needs to rise above the daily supply zone again to sustain its rise. And even if a retracement comes, it should rebound near the previous daily support line. Otherwise, the previous daily support line will...

TimeWaveTrading

Since EURUSD has returned from the daily supply zone, the daily correction process is over and the daily downtrend may continue. However, it is currently a 4-hour bullish pattern, and if the 4-hour upward wave continues, the pattern can be made into a leading diagonal pattern in the form of an impulse. That is, it is a structure that can be expanded from daily...

TimeWaveTrading

AUDUSD is currently in the 4 hour demand zone. A rebound from here and again above the blue support line will increase the chances that AUDUSD is on an uptrend. The reason is that the starting point is a 4-hour bullish pattern that rises from the weekly demand zone and becomes a 4-hour bullish wave. If so, we may see a renewing high. However, if the rebound fails...

TimeWaveTrading

USDCAD is rebounding in the daily demand zone. The bottom must never be broken again to allow for a continual uptrend. In particular, a break above the red dotted line can lead to an uptrend, but it can act as resistance pressure as it is currently below the dotted line. If the rebound fails in the daily demand zone, the shape becomes a large correction pattern,...

TimeWaveTrading

EURUSD went through a daily correction process. There was an impulse that broke the correction trend line last 4 hours of the downward wave, but it did not lead to an upward wave in the daily supply zone and a retracement occurred. And, importantly, we'll test the floor again, as it has come down below the psychological resistance of 1.0. Since 1.0 is perceived as...

TimeWaveTrading

AUDUSD has rebounded very strongly, but is still in the daily supply zone with a correction pattern. In particular, it should settle above the blue support line in the center of the chart for a transition to an uptrend. However, if it stays down again, this line will act as a very strong resistance line. Then the floor will have to be renewed again.

TimeWaveTrading

USDCAD has undergone a deep daily correcction. However, since it is a daily demand zone, there is always a chance for a rebound. It is currently riding a 15-minute mountain-climbing wave, and can be propagated as an 1 hour, 4 hour, or daily rising wave. Then, when it breaks above the red dotted line in the middle of the chart, it will reach the first weekly supply...