TimeWaveTrading

TimeWaveTrading

EURUSD broke the bottom and rebounded, but failed to break through the psychological resistance of 1.0. Therefore, even if it rebounds, the 4-hour supply zone and daily supply zone are waiting above, and the bottom can be renewed again because the current 4-hour downtrend continues. Even if it rebounds, the daily downtrend may continue as the 1.0 area is the...

TimeWaveTrading

USDCAD is rebounding near the daily demand zone. So, if the rebound does not fail, the highs can be renewed again. And a retracement came from the weekly supply zone, and even if it rises again, a retracement may come again when it reaches the weekly supply zone. Afterwards, the market can renew its highs as long as it does not stay below the dotted red line drawn...

TimeWaveTrading

AUDUSD rebounded to the daily supply zone, but I said that it is a correction pattern, so there is a very high possibility of a decline. Since the correction pattern is an expanded flat pattern, where it makes the first daily correction trend line of a downtrend, we expect to test the low again to create a bearish pattern. And, it could rebound, with a high...

TimeWaveTrading

This is the second scenario. This is a case where the upward wave continues while drawing a 4-hour correction trend line. There is a 4 hour supply zone, but it breaks through it again and renews its highs, and then there is an a-b-c retracement. As it is a daily correction process, a rebound is expected in the daily demand zone, and if this rebound is...

TimeWaveTrading Updated 

The weekly supply zone no longer exists because DXY has just hit its highs. Therefore, if a rebound is successful in the daily demand zone, it can propagate as a daily upward wave. Then it will rise above the monthly supply zone, drawing a daily correction trend line, followed by an upward wave. However, if the daily uptrend propagation fails, fails to go higher...

TimeWaveTrading

AUDUSD has not seen significant declines compared to other USD Pairs currencies. However, I expect it to go down to test the bottom. The 4-hour supply zone, daily supply zone is gradually moving downwards as it is currently staying below the important blue support line in the center of the chart. It will mean that downward pressure is working, and the daily...

TimeWaveTrading

DXY is currently in a 4-hour uptrend. Since there is a four-hour demand zone at the nearest bottom, it is easy to rebound even if it declines. If the ascent stops and breaks the 4 hour correction trend line, a daily correction will be issued. After that, a daily uptrend is expected to follow. This could lead to a rise or renewal near a high. There will be a...

TimeWaveTrading

GBPUSD failed a rebound opportunity in the weekly demand zone. Therefore, there is a 4 hour supply zone and a daily supply zone on the top, so the downward pressure is very large. In particular, since the daily supply zone is a location where a daily downtrend can follow, if it cannot break through this zone, it may come down toward the bottom. Conversely, if this...

TimeWaveTrading

AUDUSD continued its 4-hour downtrend. There is downward pressure as the correction trend line of the downward wave continues in the 4-hour supply zone. If an impulse that breaks the 4-hour correction trend line occurs, the daily correction process may cause a large rebound. The target is the daily supply zone, with support above and resistance below the blue...

TimeWaveTrading

EURUSD has reached its target position, the weekly demand zone. Currently, the 1-hour downtrend continues. Even if it rebounds, a correction trend line of the 4-hour downward wave can be drawn because the 4-hour supply zone is on standby. If so, it could come down once more, where the decline stops further and an impulse occurs that breaks the 4-hour correction...

TimeWaveTrading

DXY has reached the weekly supply zone. The short-term upward pattern is a correction pattern that the 4-hour correction trend line connects twice. Therefore, if it is a correction, it must come down to break the last line. And while the pattern may come down right away, the probability of a retracement to the a-b-c pattern is high. Then, the retracement target...

TimeWaveTrading

GBPAUD continues its weekly downtrend. However, since the correction process has not been completed, it is likely to rise to the monthly supply zone to complete this pattern. Then the pattern will be an expanded flat pattern. As such, AUD versus GBP is likely to weaken to form a pattern. If the rising impulse falls again below the starting line, this analysis is invalid.

TimeWaveTrading

EURAUD rebounded, creating a 4-hour bullish pattern in the monthly demand zone. It fell because there is a daily supply zone at the top, but the 4 hour demand zone and daily demand zone below will support it. As such, AUD versus EUR is likely to weaken to form a pattern. If the rising impulse falls again below the starting line, this analysis is invalid.

TimeWaveTrading

EURUSD rebounded after reaching the weekly demand zone. But it seems to create a correction pattern rather than a strong impulse. However, as it completes the 4-hour bullish pattern, a 4-hour bullish can occur at any time. Currently, the above resistor is the daily supply zone. So, if a strong break here fails to move above the blue support line in the center of...

TimeWaveTrading

AUDUSD moved below the very important blue support line. So, there is a 4 hour supply zone at the top, and daily and weekly demand zones at the bottom. You are likely to come down from the 4 hour supply zone. However, a second upward wave can be expected if the resistance section is strongly broken and the blue support line is rebounded. Conversely, if it doesn't,...

TimeWaveTrading

DXY has already reached the weekly supply zone zone. Therefore, it is highly likely that currencies such as USDCAD and USDJPY will reach the weekly supply zone. If so, it will be an expanded flat pattern, and also a sell zone, as the retracement will come from the weekly supply zone. However, if it finds support above the red dotted line, the weekly uptrend could...

TimeWaveTrading

US stock markets such as the S&P 500 have reached the monthly supply zone on the right shoulder. The upside may continue as the daily uptrend continues. And below that is a weekly demand zone that could potentially provide support. However, if the rebound fails here or a correction pattern is made, the high will be the first monthly correction trend line of the...

TimeWaveTrading

Gold has two demand zones, daily and weekly. There will be a chance of a rebound here, since the top is likely to be the weekly correction trend line, it is very likely to rebound in the weekly demand zone. There is a possibility of a steep rise after a steep decline, and a possibility of a steep rise after a gradual decline. After the rebound here, gold will need...