Bitcoin moving down in 5th wave on Monthly chart Hi friends,
Check this - Bitcoin moving down in monthly chart in wave 5th of Wave A.
This should be last move down before it goes up in Wave B.
If this is true then we are in first wave of Wave 5th down of Wave A.
If this goes down from here in 5 waves then the 5th wave of wave A will end,
Orange - Monthly
Green - Weekly
Blue - Daily
Falconwaves
We will live to witness the greatest downward cycle DJI is in 5t wave soon to finish and soon ABC cycle will start.
The downward cycle will lead the prices to previous wave 4 towards 18000 levels
and Weekly chart:
and Daily chart:
Little bit of steam left that can take prices high, and therefore there is chance of up move in the short term
#Nifty || 12th July 2022 || falcon Trader Analysis for #Nifty50Nifty is moving as per plan. But I want to talk about price time squaring lines. These lines will be given to you for free on almost every chart wherever applicable.
And we will try not removing them.
So today 1:15 PM, we had some trend change upwards on 1H. And then it again came down and follows the downtrend (if downtrend will continue tomorrow).
One way to read these lines (vertical pink lines) will be to keep in mind that something will happen around this time, a possible volume shoot up or trend change it.
Now in #FalconWaves we are moving in ABC fashion to form green B. The down ward pressure of A will be completed soon.
What is #Nifty upto? A Falcon Waves perspective!Celebrating Saturday with some education.
After over 2+ years of research, I have developed Falcon Waves, an easy alternative to Elliott Waves, perhaps simple wave count method for general public.
The main Falcon Waves concept is a ABCDE format
A goes to the starting point
B is a pull back for final rally up
C is the top wave
D is the bottom wave
E is the consolidation
NIFTY MONTHLY CHART - FALCON WAVE
Falcon Waves runs in ABCDE pattern. We are in wave D which has 5 waves down in #Nifty monthly chart. Looks like 3 is finished and we are in 4th wave upside. This should finish in this rally and then last wave down will end this correction followed by E wave that is consolidation
Looks like 3 is finished and we are in 4th wave upside. This should finish in this rally and then last wave down will end this correction followed by E wave that is consolidation. Falcon Waves starts with A and ends with a consolidation phase marked in E wave.
#Nifty #Nifty50 is in wave D, and it is in 4th wave of D. This should end soon around 16200-16500 levels. Followed by 5th wave down.
Here are different charts based on different time frames for your reference. You can practice it and ask questions and I will be happy to answer them.
NIFTY WEEKLY CHART - FALCON WAVE
NIFTY DAILY CHART - FALCON WAVE
Want hourly chart Falcon Wave?
Follow me on Trading View and get daily Nifty Falcon Wave counts on 1H chart.
#Nifty || 27th June 2022 || Falcon Trader Analysis for Nifty50Hello friends,
Making money? if you are making money then you are probably in top 10% in trading community... Very few actually make money. And very few make on regular basis. One key method to continuously make money is use stop loss, and also enter at correct time.
Now this time or timing the market has no rules. Some use moon phases (there are indicators for it), some use cyclic lines, some use Gann methods etc. Some even use Gann square of 9 on dates etc. But nothing will work 100% so, the best way is to keep trying and use Falcon Waves to plan trades.
Now we have finished Wave A. I am looking at Wave B (blue).
In Falcon Waves, we are going in ABCDE pattern and other waves will be discussed later, but blue A wave has finished. Blue Wave B is in progress followed by C and D and E.
We mark only ABC (D and E) usually are not marked but discussed. As once C is done we know it will come down in 5 waves in Falcon Waves.
If you follow me daily, you will learn about Falcon Waves (Easy alternative to Elliott Waves etc.)
Where will Wave B end?
So let's keep target between 61.8% and 78.6% of A. In live market if I get a chance, i will share exact targets, for now 15400 is good target to keep in mind.
I wish someday after my book is published, you all will easily understand Falcon Waves.
#Nifty Game Plan for 27th June 2022Assuming Nifty opens gap up, all hopes gone - why didn't you take action on Friday itself? Got scared of theta? .. perhaps good risk management?
Target 1 - 15860 -15889 levels will be completion of blue A and book profits.
So I am looking at some gap up.. and people will start to buy in and it might be a trap so be careful ... we will see some red candles later. use Falcon trigger line method to play some shorts from the top with stop loss day's high ... a perfect plan to set some fire!
I will plan to look at Blue B immediately, with targets of 61.8% of this entire blue A
Happy trading!
I have pinned my old analysis as well which is active and correct. For more details checkout the links below of What is Nifty upto? and Nifty || 27th June 2022 analysis.
Do not forget to --- like subscribe and follow. I am trying to be consistent but need your support. On earth I am human ... and need this follow like etc. makes my earthy self happy.
USDCAD BIG SELL Currently, we are in a correction phase waiting for the breakout in the future time to come. When wave C got completed, based on my perspective or view, a falcon wave has already formed also waiting for the breakout. A slight correction which started from 1.20000 to a fibs level between 50.0% and 61.8% is my anticipation. Once price reaches those fib level look for rejections and ride the big sell as the impulse wave continues
Bitcoin final target ends at Falcon Wave C #BTCUSDT #BitcoinBitcoin , the one and only that we all are looking at is in Falcon Wave C. Falcon Waves is an ongoing research that I am doing and runs in Wave A, B and C. Where Wave C is the last leg down in 5 waves. For BTCUSDT, this will end 40184 USDT.
This also coincides with monthly key level and daily key level area marked in brown and blue boxes in the chart.
What happens after Wave C finishes?
After Wave C ends, there are following key possibilities,
1. 5 Wave pattern to stabilise price and start of next Falcon Wave (ABC)
2. Momentum of buying volume increases
Some charts in different time frames:
12H looks like this:
4H look slike this:
P.S
Falcon Waves is not Elliott Waves etc. This is my own research that works on the principle of CCI and Momentum derived from Falcon CCI indicator.
What should be good confirmation of trend change?
Looking for key level break upwards, e.g. price above blue box, with higher lows should be good. Also, if there are cross over of fast EMA over Slower EMA, I prefer 20 crossing 200, for a better upward indication.
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Indicators used by me:
1. Falcon CCI (Free on Trading View)
2. Falcon Buy Sell (You can message me on trading View for Access)
What if price goes below Target C?
If price goes below Target C, this can be because of liquidations at these levels, perhaps a market crash further and can push price down. I do not think that this will happen at this time. However, we need to follow Falcon Buy Sell indicator to give exact values of buy and sell before making further decision.
I also keep Falcon HA Buy Sell handy, a perfect tool that gives me Heiknashi Chart values with B and S on each candle in normal chart and HA chart, and helps me to trail stop loss, or for profit taking.
If you have followed me, you know where I asked you to short, here is the link of the chart:
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Enjoy!
Do not forget to follow me on Trading View!
Important Note:
Based on Gann Theory, Bitcoin should finally move upwards by 28th Jan 2022 ( a final move up confirmation) This can perhaps be a higher low formation and moving up.
What is happening with Bitcoin? 4H chart explained:
Falcon Waves are ABC waves that are not based on Elliott Wave concept but completely different momentum based concept. Wave A is three waves down, wave B is three waves up and wave C is 5 waves down.
Here we are looking at pattern that is unfolding into 5 waves down for completion of wave C.
Everything is marked in the chart with expectations.
I will post more chart once we reach these levels.
Ichimoku Cloud - When to Buy or Sell?Example of Ichimoku Cloud and how to trade:
1. If price is above cloud then we look for longs
2. If price is below cloud then we look for shorts
3. If price goes above base line + above cloud, it is BUY Signal
4. If price goes below base line + below cloud, it is Sell Signal
5. You can also use EMA or MA, and create second layer of Strong buy and Strong sell, e.g. if Base line Crosses EMA 50 then it is Buy, if price is above cloud, opposite is also true
6. Once you get BUY, then you can enter, or wait for retest and then enter base don pivot levels
7. You can use Falcon CCI (Free Indicator) on Trading View for further buy signal
Falcon CCI Indicator that I made can be checked here:
You can use these concepts in screener and make a perfect screener that can short list crypto for you that can actually move based on your time frame.
Some conditions that you can try in screener:
Ichimoku Span A is greater than Ichimoku Span B
Open crosses Span A
Conversion line crosses up Base Line