Several scenarios can play out today. We are waiting for more data. The current structure does not give us a reliable setup.
Several scenarios can play out today. We are waiting for more data. Depending on what the market gives us, we see entries for both short and long trades.
Several scenarios can play out today. We are waiting for more data. Depending on what the market gives us, we see entries for both short and long trades.
In our primary scenario we expect a bit more upside as a wave (5) to finish the higher level wave ((1)). In our secondary scenario, the high might be in and the pullback might have started. For investors, we are in an area to take (partial) profits. Investors do not buy here as the data shows a bearish divergence. Investors should wait for a decent wave ((2))...
Let's look back at the past trading week and learn from it. What went well? What could be better? This is an experiment. Educational content to become a good waver. If you like this video, please let me know by commenting. Any suggestions? Please let me know.
Several scenarios can play out today. We are waiting for more data. Depending on what the market gives us, we see entries for both short and long trades.
We are waiting for a clear ABC pullback before going long.
We discuss two scenarios that could play out today. Depending on the data we get, both a long trade and short trade are possible.
We discuss three scenarios that could play out today. We reached the area where the wave ((4)) can end. In case of a single correction, we should start to see an upside movement. In case of a double correction, wave ((4)) can retrace deeper. Finally, we also might see no wave ((4)) if the preceding three waves up are part of a larger WXY correction. In that case,...
We discuss three scenarios that could play out today. We reached the area where the wave ((4)) can end. In case of a single correction, we should start to see an upside movement. In case of a double correction, wave ((4)) can retrace deeper. Finally, we also might see no wave ((4)) if the preceding three waves up are part of a larger WXY correction. In that case,...
In our primary scenario we expect a bit more upside as a wave (5) to finish the higher level wave ((1)). In our secondary scenario, the high might be in and the pullback might have started. For investors, we are in an area to take (partial) profits. Investors do not buy here as the data shows a bearish divergence. Investors should wait for a decent wave ((2))...
Let's look back at the past trading week and learn from it. What went well? What could be better? This is an experiment. Educational content to become a good waver. If you like this video, please let me know by commenting. Any suggestions? Please let me know.
We need a bit more data but traders can prepare for a short trade. In case of an impulse, we wait for 5 waves up that end with divergence. Keep in mind that we do not necessarily need the 5 waves up, 3 waves in the form of an ABC is also possible. If we stick with the three waves, a new wave 4 low cannot be excluded.
We need a bit more data but traders can prepare for a short trade. In case of an impulse, we wait for 5 waves up that end with divergence. Keep in mind that we do not necessarily need the 5 waves up, 3 waves in the form of an ABC is also possible.
We need a bit more data but traders can prepare for a short trade. In case of an impulse, we wait for 5 waves up that end with divergence. Keep in mind that we do not necessarily need the 5 waves up, 3 waves in the form of an ABC is also possible.
We see entries for both a long trade and short trade today. We wait for more data to see which trades we can enter.
We're seeing price test a key overlap resistance at 15702 which also happens to line up with our 38.2% Fibonacci retracement. A reversal from this breakout level could see prices drop all the way down to test our recent swing low at 15508 again. We're seeing price rise towards a major overlap resistance at 0.8552 which also coincides with a 23.6% Fibonacci...
We see entries for both a long trade and short trade today. We wait for more data to see which trades we can enter.