TradingEW

TradingEW Updated 

After reaching all time high in November 2021, DOTUSD completed the first advance wave (1), then subsequently declines on the a-b-c wave (2) with an extended c wave retracing more than 90% of wave (1), while still respecting the guideline that wave 2 can retrace 99% of wave 1 but not overthrow it. Expecting the final wave v down towards a lower low near 2.0, which...

TradingEW Updated 

Wave (c) of the irregular correction wave a is overthrowing down the bottom, most likely towards the 70,000s, before reversing on a corrective advance wave b next month. This wave (c) declines in the form of an expanding diagonal where wave overlaps and also respecting Alternation when the very small wave alternates with the complex . The Strategy is to...

TradingEW

The 6 years of advance of ETHUSD which terminated in Nov 2021 top is considered as the 1st wave (1), subsequently being retraced by the present a-b-c wave (2) correction which has already retraced nearly 80% 0f wave (1) and not yet complete. This wave c of (2) is in the form of an expanding diagonal i-ii-iii-iv-v with wave ii and iv overlapping, pointing to the...

TradingEW

US Dollar is completing an impulse wave C down from the 28 Sep 22 high, on its final leg wave 5 towards a lower low near the 96.00s

TradingEW

Completing the wave b of large correction (iv) to a higher high

TradingEW

On track and setting up for long-term gains in a couple of weeks time on a wave v of (5).

TradingEW Updated 

Moving down on the impulse wave (v) of (c) towards a lower low.

TradingEW

The multi-months final retracement is in progress in the form of a zig zag wave v of the expanding wedge C for the completion of the larger wave (2)

TradingEW Updated 

A multi-months correction is in progress retracing the 5 months advance of a wave

TradingEW Updated 

With every wave accountable for on the whole track, setup for the last leg of trend resuming down, target new low.

TradingEW

Minor correction (iv) is nearly complete and getting ready to resume trend down. Setup for shorts (trend following) near 1295 for new low.

TradingEW Updated 

Medium-term short from 18000 to new low, on resuming trend down

TradingEW Updated 

Approaching entry zone for shorts Trade Plan: Short at the entry zone near 1890s with an initial stop loss at top of wave {ii}, target a lower low, for a risk/reward > 25.

TradingEW

Looking at resuming up trend of wave b from 22 June low, completing wave (c) of b. Expecting new high towards end of March

TradingEW Updated 

A medium term long setup towards a higher high in January next year with a potential risk/reward ratio of 10

TradingEW

Setting up medium-term with specific entry & target area and tight stop loss for min. risk - R/R > 19

TradingEW

Short on a wave (c) of b towards a lower low

TradingEW

Expecting a medium-term short towards a lower low.