Wave-Trader

Wave-Trader

Technical Analysis Tools 1. Strong Support Level Green horizontal support zone around $200 Multiple touch points confirm this critical support level Price consistently bounces off this zone, indicating strong buying interest 2. Ascending Trend Line Yellow ascending trend line showing underlying bullish momentum Connects multiple lower points, demonstrating...

Wave-Trader

EUR/AUD 4-Hour Chart: Comprehensive Bearish Setup Analysis Technical Analysis Tools and Signals 1. Descending Trend Line Yellow descending trend line indicating strong bearish momentum Multiple touch points confirm the trend line's significance Price consistently rejected at or near this trend line Clear indication of sustained downward pressure 2. Consolidation...

Wave-Trader

Technical Analysis Tools and Signals 1. Descending Trend Line Yellow descending trend line showing clear bearish momentum Multiple touch points demonstrate the trend line's reliability Price consistently rejected at or near this trend line Indicates a strong downward pressure and potential continuation of the bearish trend 2. Rejection and Consolidation Red...

Wave-Trader

Technical Analysis Tools and Signals 1. Ascending Trend Line Yellow trend line providing strong dynamic support Multiple touch points demonstrate the trend line's reliability Price consistently bounces off this trend line, indicating bullish underlying momentum Trend line connects lower lows, showing an upward trajectory 2. Consolidation Pattern Rectangular...

Wave-Trader

Key Technical Analysis Tools 1. Trend Line Support A yellow ascending trend line provides strong support The price has consistently respected this trend line, bouncing off it multiple times This suggests a bullish underlying momentum in the market 2. Price Action and Consolidation The chart shows a period of consolidation before the sharp upward move Price was...

Wave-Trader

This sell setup on the EURNZD (Euro/New Zealand Dollar) 4-hour chart is based on multiple technical analysis tools, which indicate a potential bearish move. Let’s break down the analysis in detail: 1. Trendline Resistance (Yellow Line) A descending trendline has been drawn from the recent high, connecting lower highs, indicating a downtrend. The price has tested...

Wave-Trader

This chart represents a sell setup for the GBPAUD currency pair on a 4-hour timeframe. The setup is based on multiple technical analysis tools, including support and resistance zones, trendlines, Fibonacci retracement levels, and a rising wedge pattern. Here's a breakdown: 1. Resistance Zone & Price Rejection The red horizontal zone near 2.06490 - 2.06318...

Wave-Trader

This chart presents a bullish setup for NVIDIA Corporation (NVDA) on the 1D (daily) timeframe. The setup is based on multiple technical analysis tools, which indicate a potential upward movement. Let's break it down: 1. Trendlines & Support Zone Ascending Trendline (Yellow): A long-term uptrend support line connects previous price lows, indicating an overall...

Wave-Trader

This chart shows a bullish buy setup on the S&P 500 Index (SPX500USD) with various technical analysis tools applied to confirm a potential trend reversal and upward move. Key Tools Used in the Analysis: Trendlines (Yellow Lines) The chart includes a long-term ascending trendline acting as a dynamic support. Price recently bounced off this trendline, suggesting a...

Wave-Trader

This chart represents a bullish buy setup for US30 (Dow Jones Industrial Average Index) on the daily timeframe (1D). The analysis is based on technical tools such as trendlines, Fibonacci retracements, support/resistance zones, and projected price movements. Here’s a breakdown of the setup: 1. Key Support Zone (Green Highlighted Area) The price is currently...

Wave-Trader

This BTC/USDT (Bitcoin to Tether) daily chart presents a bullish setup, forecasting a significant move to the upside. Below is a detailed breakdown of the tools applied and how they contribute to this buy setup. 1. Breakout from Descending Channel (Bullish Reversal) The chart previously formed a descending channel (yellow trendlines), which is a bullish...

Wave-Trader

This chart is a 4-hour timeframe of GBP/NZD, and it presents a bearish setup based on a combination of technical tools and patterns. Below is a detailed explanation of the setup: 1. Rising Wedge Formation (Reversal Pattern) The price is forming a rising wedge pattern, indicated by two converging yellow trendlines. A rising wedge in an uptrend is considered a...

Wave-Trader

This chart shows a sell setup for GBP/USD on the 4-hour timeframe without using indicators. Here’s the breakdown: Key Observations: Ascending Channel: The price is moving within an upward sloping parallel channel (marked with yellow trendlines). The price has recently touched the upper boundary of the channel and started to decline. Bearish Rejection at...

Wave-Trader

Chart Analysis: Key Resistance Zone: Price reaches a previous resistance level where selling pressure has emerged before. Bearish Rejection: The price attempts to break above resistance but fails, forming a strong rejection candle. Aggressive Sellers: The long upper wick and bearish close indicate sellers stepping in aggressively. Market Structure: The price fails...

Wave-Trader

Analysis Overview: This daily chart of NZD/USD highlights a potential bullish breakout setup based on price action, trendlines, and Fibonacci retracement levels. Key Technical Elements: Descending Trendline Breakout: The price is forming a contracting pattern with a descending trendline. A breakout above this trendline could signal bullish momentum. Ascending...

Wave-Trader

This chart shows a bullish setup for AUD/USD on the daily timeframe. Here’s a breakdown of the buy setup: 1. Support Zone (Green Box) The price is reacting from a strong support zone around 0.6187 - 0.6200, where buyers are stepping in. This area aligns with previous demand zones and a possible trendline support (yellow lines). 2. Bullish Chart Pattern...

Wave-Trader

The buy setup in the NAS100 (US 100 Cash CFD) chart is based on a combination of trendline support, horizontal support, and Fibonacci retracement levels. Here’s a breakdown of the key elements supporting the buy setup: 1. Key Support Zone The price has pulled back to a strong horizontal support area (marked in green). This level aligns with the ascending...

Wave-Trader

This is a 4-hour (4H) chart of USD/CAD (U.S. Dollar / Canadian Dollar), showing a technical setup with Fibonacci retracement levels, a trendline structure, and a sell signal. Key Elements of the Chart: Fibonacci Retracement Levels: The chart has Fibonacci retracement levels drawn from a previous high to low move, indicating potential resistance levels. The 38.2%...