WicktatorFX

WicktatorFX

In our last NZDUSD analysis, we identified that we were in a WXY wave for wave 2. We are currently in wave Y, which is a 3 wave move. We've seen wave A and now we're in wave B. We are showing some signs of rejection at the fib level. Trade Idea: - Watch for rejection of fib level - Use confirmation on lower timeframe such as trendline break or BOS - Enter with...

WicktatorFX

In our last analysis we identified that we were in wave 2 correction. We've seen waves A and B and now we've almost completed wave C. We're looking for price to complete wave C at the structure level before reversing for the longer term. Trade Idea: - Watch for rejection at the structure level indicated - For confirmation, watch for lower timeframe trendline...

WicktatorFX Updated 

EURCAD is showing us the perfect impulsive wave. As we can see, we are currently on the 4th wave correction which is an ABC wave. We are on Wave C now, which has 5 waves. We're expecting the final 5th wave higher, which will be broken down into 5 subwaves. 4H Timeframe Trade Idea: - Watch for break of red trendline for confirmation that we've started the 5th...

WicktatorFX

MANA is looking like its almost ready for a MASSIVE move.. At least 1000%. We can see that we are currently in a 5 wave move higher. Wave 3 had a nice 5 subwave breakdown. We can use that framework to figure out what's next for wave 5. Subwave 2 of wave 3 was a tight correction and we are seeing almost an identical tight correction for subwave 2 of wave 5....

WicktatorFX Updated 

In our past Bitcoin analysis, we identified that we were in wave 4 correction, which was an irregular flat correction. We had a strict invalidation level present (13.9k) and as long as we were above that level, we would remain bullish. We had a really nice descending trendline which we were monitoring for a break. Price broke out and pushed up more than 80%! See...

WicktatorFX

NZDCHF is showing us a nice clear FLAT correction = 3-3-5. We've completed waves A and B. We are now in Wave C. We are still at the very start of this massive move so an entry here would require a relatively small SL! Trade Idea: - Enter with stops below the lows - Target: 0.578 (300pips), 0.6 (500pips) Goodluck and as always, trade safe!

WicktatorFX

AUDUSD has given us 3 incredible setups in the last few months. Our first trade setup was after we broke the ascending trendline. We waited for a pullback and jumped in. Currently sitting at around 450pips. We also entered twice more on the clean corrections AUDUSD made. We are now anticipating one final leg down before expecting a reversal. Trade Idea: - Watch...

WicktatorFX

GBPUSD has recently given us a nice top to work with. We are now making our way down. We have recently seen the completion of wave 2 correction, which completed at the 78.6 fib retracement of wave 1. Trade Idea: - Risk entry now with safe stops above invalidation level - Safer entry on break of wave 2 correction - Targets: 1.2 (450pips), 1.8 (650pips) Goodluck...

WicktatorFX Updated 

EURUSD has been in a massive downtrend and it appears we are almost at the bottom. We are currently on the final bearish wave - which is made up of 5 subwaves. We've recently seen a perfect rejection of the 618 fibonacci and we've started the final bearish push. We've seen subwave 1 and 2. We are currently in subwave 3. Expecting 2 more waves and then a major...

WicktatorFX

In our last analysis, we identified that we were in wave 2, which is an ABC correction. We initially thought it would be a simple ABC correction but it appears we have an expanded Flat correction. We're expecting wave C now back down to wave A generation point. Trade Idea: - Look for lower timeframe trendline break or BOS for confirmation of reversal - Enter...

WicktatorFX

NZDCHF is currently in a major ABC correction. We're in wave B and looking to catch Wave C. Trade Idea: - Watch for lower timeframe reversal through trendline break, BOS etc - Enter with stops below the breakout lows - Targets: 0.584 (300pips), 0.604 (500pips)) Goodluck and as always, trade safe!

WicktatorFX

NZDUSD is currently in major wave 2, which appears to be a WXY wave. Wave W was a Flat correction and Wave X was a simple ABC correction. We are now in wave Y and expecting a 535 zigzag. We are currently seeing the first 5 wave move lower and expecting a 3 wave pullback before seeing another 5 wave move lower. Trade Idea: - Watch for a 3 wave pullback...

WicktatorFX

CADJPY has been one of our favourites. It's been following the Elliott wave schematic perfectly. We posted a SHORT setup in October 2022, which played out perfectly. We are in a 5 wave impulse and currently on the 4th wave. We have one last move up before we complete the wave 4 ABC correction. Trade idea: - Watch for a break up of the current correction -...

WicktatorFX

Nasdaq is currently in its corrective phase. We can see that we've completed wave A and now we're in wave B. Wave B has 3 waves (subwaves abc) and we're currently in subwave c which is an ending diagonal. Trade idea: - Watch for a break of the ending diagonal - enter on break of diagonal with stops above price - Targets: 10500, 8500, taper thereafter...

WicktatorFX

USOIL is showing us a really nice ending diagonal, consisting of 5 waves subdivided into 3-3-3-3-3. We can see that we are now in the 5th wave so we can look for a reversal trade. The equation we are working with is the following: USDCAD inversely correlated to USOIL. Anticipating USD weakness during FED = USDCAD bearish = USOIL bullish We are anticipating...

WicktatorFX

We can see that Dogecoin is giving us a perfect example of an impulse. We are currently in wave 4 and looking for a breakout. For confirmation, we are waiting for the break of the red trendline. Trade Idea: - Watch for breakout using the red trendline as confirmation - price to stay above blue structure = invalidation level - Targets: 0.75, 1, swing target...

WicktatorFX

OMG doesn't look good at all. We can see that we're still within a major correction and we're on wave C. Right now there's no trades to be taken but we just thought we'd update you on the higher timeframe What do you guys think?

WicktatorFX

According to Elliott Waves, Ripple is now in wave 4 (ABC correction) and making an irregular Flat correction. We have completed waves A and B and we are now in wave C targeting the lows of wave A. Trade Idea: - Wait for the completion of wave C of wave 4 ( you can trade the final move ). - Invalidation level if we go below wave 1 high. - Targets: 1,3,4, HODL the...