Wave-Trader

Wave-Trader Mar 16

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 Mar 14

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 Mar 14

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 Mar 13

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 Mar 13

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 Mar 12

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 Mar 11

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 Mar 6

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 Feb 20

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%...

Wave-Trader Feb 20

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

Wave-Trader Feb 20

Key Elements of the Chart: Fibonacci Retracement Levels: The chart has Fibonacci retracement levels drawn from a previous high to low move, suggesting that traders are looking at key levels where price may reverse or continue trending. The 50% retracement level (107.50) is highlighted as a potential resistance zone. Trendline & Breakout: A yellow trendline shows...

Wave-Trader Updated  Feb 18

Sell Setup Analysis for USD/CAD (Daily Chart) Trendline Break Potential: The chart shows a strong ascending trendline supporting price action. The recent bearish engulfing candle suggests a possible breakdown of this trendline. Bearish Momentum Confirmation: A strong red candle after a sharp upward move indicates a potential reversal. If the price breaks the...

Wave-Trader Updated  Feb 17

Hi there, NVIDIA is setting up for buy setup. Watch support areas and look for strong bounce off and look for buy and look for new highes.

Wave-Trader Feb 4

DXY Sell Breakdown Analysis (Daily Timeframe) 📉 Key Breakdown Details: The U.S. Dollar Index (DXY) is breaking down from a rising trendline, signaling bearish momentum. The breakdown confirmation comes after rejection near 110.176 - 110.141 resistance zone (historical high). This breakdown suggests a potential trend reversal or deep correction in the dollar. 📌...

Wave-Trader Feb 4

Revised BTC/USDT Buy Setup (Support Entry at $88,000) Support Buy Setup (~$88,000 - $90,000 Zone) 🔹 Entry: Buy near $88,000 - $90,000 (strong support + 38.2% Fibonacci level). Wait for bullish confirmation, such as a wick rejection, bullish engulfing candle, or RSI divergence. 🎯 Targets: Target 1: $99,000 - $100,000 (psychological level & recent...

Wave-Trader Updated  Dec 13, 2024

Hi there, BTCUSD is setting up for next bullish cycle. Bearish cycle is almost over and its setting up for next bullish wave which can break above the previouse high. Watch lower time frame and start building your long positions. Good Luck

Wave-Trader Updated  Jul 29, 2024

Hi there, DXY is set to jump ahead of the FED rate decision. Watch price action on lower time frame and look for buy. Some Crosses against the Dollar have already dropped against the USD like risk on currencies. Watch for lagging risk on currencies to catch up leading risk on currencies. Good Luck

Wave-Trader Updated  Jul 28, 2024

Hi there, ETHUSD is setting up for long watch price action and bottom and look for long. BTCUSD has already made a daily leg higher Ether is set to follow up. Watch bottom and look for buy.