WicktatorFX

WicktatorFX

FANTOM Weekly Timeframe : We have completed wave 2 correction and the bottom in IN. We can see a clear impulses on higher timeframe, Therefore, we are now bullish and looking to ride wave 3. Trade Idea: - Watch for the current correction to break out. - Invalidation level is below the bottom. - Targets: 0.97,1.47, 3.5, HODL the rest and manually close. Goodluck...

WicktatorFX Updated 

From looking at POLKADOT on a high timeframe, we can see that Polkadot has completed wave 2 PERFECTLY and the bottom is in. We are now looking to ride wave 3, we made one impulse to the upside and now we are correcting that move. See lower timeframe analysis for the breakdown. Trade idea: - Watch for the completion of the current correction - Enter at the...

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From looking at Stellar, we can see the we are about to complete wave 2 which is an ABC correction. Wave C usually can break down into 5 waves, and we are now in the fifth wave. See lower timeframe analysis to see where we are. Trade Idea: - Watch for completion of wave 5 of wave C. - Watch for trendline break or BOS to enter - Targets: 0.33, 0.77 , 1 , HODL the...

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Nasdaq has been really clean recently. Every move has made sense and now we have another trade setup for you with a clear invalidation level. We can see that we're in lower degree 3rd wave impulse and we're in subwave 1, which appears to be a leading diagonal. Right now we're working within a channel but there's a chance it may turn into an expanding diagonal,...

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NZDJPY has recently completed its bullish wave and now we are in bearish territory. We can see that we're in wave 2, which is an ABC correction. We have a leading diagonal for Wave A which we've almost completed. We're looking for one more move up to complete the leading diagonal and then we'll be looking for a big SHORT. Trade Idea: - Watch for price to move...

WicktatorFX Updated 

From looking at BINANCE, we can see that we are still in wave 4 which is an ABC correction. We are now in wave B which is broken down into 3 subwaves. We've seen subwaves A and B and now in subwave C. See lower timeframe analysis for the breakdown. Trade Idea: - Watch for completion of subwave C (of Wave B) - Once complete, watch for C wave to make an impulse...

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MANAUSD looks like a picture perfect impulse. We can see clear impulses and clear corrections. We can see that we've completed the 4th wave and now we're in the 5th wave. We are expecting 5 subwaves for the 5th wave and we can see that we're in subwave 2 now. The lower subwave 2 goes, the better (as long as we stay above blue structure)/ Trade Idea: - Watch for...

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From looking at Vechain on a log chart, we can see that we're still within the ABC correction. in every ABC correction, C wave is almost always 5 waves, which follows the impulsive schematic. We are now in wave 5 and we're expecting to see 5 clear waves down. An important thing to note is that in Elliott waves , wave 3 can never be the shortest. At the moment,...

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CHAINLINK - Higher Timeframe Overview Here we have the 2weekly chart of Chainlink. We can see that on a higher timeframe, we are still bullish. We have not yet completed the 5 waves. We are currently on the 4th wave which appears to be a WXY correction (breakdown: 3 waves for W, 3 waves for X and 3 waves for Y) We are now in wave X. We need to see 3 clear waves...

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2weekly chart of Ethereum We can see that we're currently in wave 3, subwave 4. Subwave 4 is looking like a WXY correction. Currently in wave X and expecting one more drop for wave Y. We're anticipating wave 4 to be finish above the blue structure, which is our wave 4 invalidation level. Trade Idea: - On lower timeframe, watch for an ABC completion for wave...

WicktatorFX Updated 

Bitcoin is moving according to our analysis. We identified that we were in an ABC correction and wave C has 5 waves. We have completed the 4th wave recently and now we're in the final 5th wave. We are expecting wave 5 to follow the impulse schematic of Elliott waves (5 wave impulse) but there's a chance we may make an ending diagonal so we should be cautious of...

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In our last post on Gold, we identified that we were in wave 1 and suggested waiting on wave 2 before catching the big wave 3. We have now almost completed wave 2 but we can take advantage of one last SHORT before wave 2 completion. Trade idea: - Watch for price to break the red trendline for confirmation - enter with stops above the correction - Targets: 1800...

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EURJPY recently completed an ending diagonal where we had a truncated 5th wave. Now that we have the top in place, we can look for shorting opportunities below "The Top". Please note that we could be making a complex ABC correction for wave 2. If we do, we'll have another chance to catch the move down from the place indicated on the chart. Trade idea: - Watch...

WicktatorFX Updated 

In our last NZDUSD post, we identified that we were in Wave 2 correction. We are now on the final leg of the correction but we can capitalise on this final short. Trade Idea: - Watch lower timeframe for reversal using trendline break, BOS, fib rejection etc. - enter with stops above the correction - Target the structure level indicated (200pips), taper positions...

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SIlver has completed a MAJOR correction which took almost 2 years. We are in the next impulsive phase. We've seen wave 1 and now we are in wave 2, which we expect to be an ABC correction. We are currently seeing Wave A and expecting 2 more waves to complete Wave 2. SHORT Trade Idea: - Watch for wave B correction - Enter on break of Wave B correction - Count 5...

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From our wave count, we are expecting wave 2 completion soon. We can see that we're in an ABC correction and on the final wave for wave C. In our last analysis, we were expecting a simple ABC correction where C completes at Wave A completion. As can be see, wave C is over extended. We will remain bearish unless we break above the grey structure. Trade Idea: -...

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In our last NZDUSD, we identified that we almost completed Wave 1 impulse and we were awaiting the wave 2 ABC correction. We are now in the correction and we've seen both A and B. We are now in C and we can capitalise on this move before we go LONG. Trade Idea: - Watch for a break of the red trendline - Enter with stops above the highs - Target: 0.62...

WicktatorFX Updated 

Following on from our last post, Nasdaq broke down and started its collapse. We are now seeing a retracement but it's very likely that we'll see another bearish wave. We are approaching the 618 fibonacci and expecting a rejection here. Invalidation level for this bearish setup is the structure level indicated. Trade idea: - Watch for bearish rejection around the...