WicktatorFX

WicktatorFX Updated 

US30 hasn't finished its bearish leg. According to our analysis, we are still in wave C of the major ABC correction. Wave C has 5 waves are we are currently on the 3rd wave (which is also made up of 5 subwaves) For this trade idea, we require some time for the subwave 4 to appear, which will look like a correction. Once we see this correction, we can use a simple...

WicktatorFX Updated 

In our last Bitcoin analysis, we mentioned that we're on the last bearish wave sequence. We can see that we're in wave 5, subwave 3 now. Subwave 3 has 5 minor waves and we're in minor wave 2 now. Expecting minor wave 3 to break the red trendline and then go on to complete the 3rd subwave around the 15k area. Trade Idea: - Watch for break for red trendline to...

WicktatorFX Updated 

Our last AUDUSD resulted in a perfect 600pip drop! However, the drop is not over. Expecting one final wave lower before we reverse. What we're looking for right now is for AUDUSD to go a little lower and then move up for the 4th wave. This wave should be a correction and we can mark it up and enter for the final 5th wave lower. Trade idea: - Watch for wave 4...

WicktatorFX Updated 

Ethereum is in a massive ABC correction. We are now in C wave which is broken down into 5 waves, which follow the impulse schematic of Elliott Waves Principles. We are currently on the 5th wave, which is also broken down into 5 subwaves (red numbered brackets). We are currently on the 3rd SUBwave and expecting a 3rd minor wave lower. Trade idea: - Watch for the...

WicktatorFX Updated 

In our last MATIC analysis, we identified that we're in the final wave, which is broken down into 5 waves. We are currently on the 3rd wave which has 5 subwaves. We're currently in subwave 2 and expecting a breakdown. Trade Idea: - Entry on break of correction (red trendline) - Stops above correction - Targets: previous lows with room to move lower See below...

WicktatorFX

EURNZD is currently in a major ABC (probably parallel) ascending correction. We've completed waves A and B. We are now in Wave C = 5 waves. We've almost completed wave 1. The next move is the wave 2 lower. Trade Idea: - Watch for the red trendline to break to confirm wave 2 has started - Enter with stops above wave 1 - Target 1.64 (400pips) but slowly taper...

WicktatorFX Updated 

MATIC has almost completed its bearish correction. We are now on the final 5th wave (subdivided into 5 waves) There is still a chance to get in on the final shorts with hard stops above the blue structure. The bigger trade will be getting in on the bullrun. Expecting price to go below the recent lows to fulfil the wave 5 criteria. Trade idea: - Watch for 5...

WicktatorFX Updated 

In our last post we identified that we're in the final 5th wave. This wave has 5 subwaves. We've seen wave 1 and now we're in wave 2, which is a correction. Expecting wave 3 lower. Trade Idea: - Watch for wave 3 to break the red trendline for confirmation - For a risk entry, watch for a rejection of lower timeframe fib levels or lower timeframe trendline break...

WicktatorFX Updated 

In March this year, we posted a higher timeframe analysis where we identified that price was in wave 4 and that we were in an ABC correction. See full post below: Once we identified where we are in the wave sequence, it just came down to counting the waves correctly and trading according to our trading rules. We know that Wave C consists of 5 waves and...

WicktatorFX Updated 

Following on from our last post, we are now seeing the final bearish wave lower. This wave consists of 5 subwaves. We are currently on the 3rd subwave, which is made up of 5 minor waves. Expecting price to stay below below the dark blue trendline for this subwave. Once we complete the 5 minor waves for subwave 3, we're expecting a subwave 4 ABC correction. This...

WicktatorFX

Atom is almost at the end of its corrective wave. We are now anticipating the 5th wave, which should go below the end of Wave 3, hence why we want price to go below the structure. Atom is offering one of the best returns. If we buy it at $4 and close at $40 , that's a 1000% return on your investment (atleast). Trade Idea: - Watch for price to go below the...

WicktatorFX Updated 

It's been a while since we analysed Bitcoin. That was partly due to Bitcoin being stuck in a correction. The higher timeframe remains the same. We're in a massive ABC flat correction that has been in play for almost 2 years now. We are almost at the end of the correction. A flat correction has 3 major waves - ABC (3-3-5). We are in C wave now, which has 5...

WicktatorFX Updated 

Bitcoin is in an ABC flat correction, consisting of 3-3-5 (ABC) waves. We are currently in wave C, which is made up of 5 waves. In our last analysis, we identified the 4th wave and anticipated a breakdown for the final 5th wave. We are now in the 5th and final wave, which is broken down into 5 subwaves. We require price to go below 17.6k in order for wave 5 to...

WicktatorFX Updated 

AUDUSD has recently broke down out of an ABC correction. We are now in the impulse phase, which is made up of 5 waves. We've seen wave 1 and now currently in wave 2. Expecting the a big wave 3 very soon. Trade Idea: - Watch for rejection of fib levels for a risk entry - For a safer entry, watch for the break of the red ascending trendline Targets: 0.67...

WicktatorFX Updated 

Ethereum is in a bigger ABC correction and we are now on wave C, which is made up of 5 waves. We are finally in the 5th wave and this is where the madness begins. Where is the bottom? Do I buy now? Should I short once more? There will be crypto sceptics shorting Eth believing this is the end of Ethereum and on the opposite side, loads of bargain hunters...

WicktatorFX

AUDJPY is showing us a really nice flat correction. A flat correction consists of 3 major waves, which is broken down into 3(A) 3(A) C(5). We are currently in C wave, subwave 4. Expecting subwave 5 soon. Trade Idea: - Watch for breakdown of subwave 4 correction - Entry after break of red trendline - Stops above the highs of the correction - Targets: 90.5...

WicktatorFX

We can see that we're on the C wave now, which is made up of 5 subwaves. We are currently in wave 2 which appears to be an expanding flat correction. Watching for price to come up to our sell zone and reject. Trade Idea: - Watch for rejection of sell zone and/or fibonacci - Look for lower timeframe trendline break - Enter with stops above the recent highs -...

WicktatorFX

Having revisited EURCHF, we can see that there's a really clear channel at play. We can take advantage of this by trading within the channel parameters. There's EUR news tomorrow that may help move EURCHF back up to the highs of the channel. Trade Idea: - Watch for break of the descending red trendline for confirmation - Once entered, SL below the lows (below...