Impulse
GBP / NZD LONG Hey traders
We are monitor GBP/NZD currency pair to take buy trade the with an bullish impulse wave .
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1-Use price Price action to confirm positions activation
2-Place a Stop Loss order at the entry point after the price moves in the expected direction
3-Don't risk too much
EUR /JPY LONG Hey traders
We are monitor EUR JPY currency pair to take buy trade the with an bullish impulse wave .
:<<<<<<<<<<<<<<<<<<<<<>>>>>>>>>>>>>>>
1-Use price Price action to confirm positions activation
2-Place a Stop Loss order at the entry point after the price moves in the expected direction
3-Don't risk too much
Gold Making A Bullish Turning Point-Elliott Wave analysisThe impulse from a new high or new low is the most important price action when it comes to change in trend. It’s a clear move with no overlaps between waves 4 and 2, which confirms that the current recovery is strong. We see this going on gold. So more upside after a pullback is expected.
Bitcoin - 15 Min Update - Analysis$BTC 👀 – 08/03/2022| Bitcoin Price Action Update 🎯 - 📸 🚨
📌 What’s good #PublicCommunity? Que es la qué hay corrillo?
📌 Recent, #priceaction has confirmed that we are definitely in the midst of #impulse #wave iii (in blue).
📌 What this means, is that in order to seek #entries, you have to scale down to the smaller #timeframes and get in on the completion of the waves 2 and 4.
📌 It also looks like wave (i) in red, of wave iii (in blue), will be an extended impulse wave, as there are multiple nested (sets of smaller 5 waves) within it. This is depicted by the waves in green, purple, and orange.
✅ If you thought this was helpful or insightful: Follow, Like, or Share ✌🏾 #PublicCommunity
📈 View My Chart:
⚠️ This is not investment or financial advice; Anytime you enter the #markets, you fully accept the #implications at your own risk❗️
#longterm #learning #makingmoneymoves #invest #strength #buildandgrow #breakingnews #crypto #cryptowinter #ElliottWave #FedReserve #investmentidea #investmentopportunity
Bitcoin - 15 Min Update - Analysis$BTC 👀 – 08/02/2022| Bitcoin Price Action Update 🎯 - 📸 🚨
📌 What’s good #PublicCommunity? Que es la qué hay corrillo?
📌 Today, Bitcoin finally kissed the accumulation zone between 50-61.8% #goldenzone ( #fibonnaci #retracement ).
📌 Unless, price breaks and closes below $22,646.44, I am considering wave ii (in blue) complete. Therefore, we are potentially within the midst of wave (i) in red of wave (iii) in blue.
📌 At this point, I have already taken profits from my #sells and made the remaining partials running risk-free by moving my stop loss into break-even.
✅ If you thought this was helpful or insightful: Follow, Like, or Share ✌🏾 #PublicCommunity
📈 View My Chart:
⚠️ This is not investment or financial advice; Anytime you enter the #markets, you fully accept the #implications at your own risk❗️
#longterm #learning #makingmoneymoves #invest #strength #buildandgrow #breakingnews #crypto #cryptowinter #ElliottWave #FedReserve #investmentidea #investmentopportunity
AdaCardano could rise 200%hello traders
Adacardano could rise a massive 200%. The technical picture shows there is an initial price diamond structure that created 4 waves and the last impulse wave was about a 200% rise. The same diamond price structure has been replicated at a slightly lower level. And you can see in the second structure price is completing the last impulse wave for another possible 200% rise. These are two identical pairs of fractal. Ada could rise to about $2.5
I expect price movement to find support along the last diagonal line on the second fractal. You can always come back to check weekly when price hits the diagonal support for a cheap entry.
Follow me for more well-researched technical analysis and super tight price entries on Forex pairs, Indices, Futures and Crypto in the next coming days/weeks.
Good luck!!
Adacardano could rise a massive 200%hello traders
Adacardano could rise a massive 200%. The technical picture shows there is an initial price diamond structure that created 4 waves and the last impulse wave was about a 200% rise. The same diamond price structure has been replicated at a slightly lower level. And you can see in the second structure price is completing the last impulse wave for another possible 200% rise. These are two identical pairs of fractal. Ada could rise to about $2.1.
I expect price movement to find support along the last diagonal line on the second fractal. You can always come back to check weekly when price hits the diagonal support for a cheap entry.
Follow me for more well-researched technical analysis and super tight price entries on Forex pairs, Indices, Futures and Crypto in the next coming days/weeks.
Good luck!!
LINKUSDT wants a new bearish impulse?The market creates a falling wedge on the daily timeframe and now the price is testing the 4h support after an attempt of breakout from 7.5$.
As you can see the price creates equal high on 7.5$, so that area is strong for the price.
How to approach it?
IF the price is going to lose the support we can look for a new short position. The price could grab new liquidity from 8$ where you can see the monthly structure in order to create a new bearish impulse.
According to Plancton's strategy , we can set a nice order
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Keep in mind.
🟣 Purple structure -> Monthly structure.
🔴 Red structure -> Weekly structure.
🔵 Blue structure -> Daily structure.
🟡 Yellow structure -> 4h structure.
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Follow the Shrimp 🦐
EURCHF - Catch Wave 3! 🚀EURCHF is currently in wave 2, which is an ABC wave.
Waves A and B were simple enough but wave C was a different story! A really complex flat correction. We have however come to the completion zone for the correction which is the structure level at 1.0088. We're anticipating wave 3 soon, which is often the biggest wave!
Trade Idea:
- Watch for price to come down to the structure level
- Watch for a bounce before entering
- Stops below the structure level
- Targets: 1.05 (400pips), 1.07 (615pips), 1.085 (750pips)
As always, goodluck and trade safe!
Bitcoin Elliott Wave AnalysisNotice that:
1) The timing was not considered.
2) The elliott wave analysis of the whole chart has not yet finished and it needs more consideration. Actually, it's very time-consuming.
3) There could be other scenarios; I am thinking about them as well. I might publish some of them.
4) I might change my opinion about wave C to be a WXY correction instead of a 5-wave impulse (needs more thinking and other parts of the chart to be completed).
5) Targets of wave 4 should be indicated after wave 3 ends. What I showed in the chart regarding the targets of wave 4 is just a big picture and can be changed.
6) Targets of wave 5? No Idea now; however, 15400 would be a rather good estimation.
7) I have still no idea for the microwaves of wave c of B.
8) IMPORTANT: This chart, analysis, and text are not financial advice.
GOLD No Bullish Price Action, Is It Time To Look For Sell ?
Hello traders:
Last 1-2 weeks ago my overall view on the lower time frame for GOLD was to wait for bullish price action to have a potential buy in short term.
Price however didn't form the continuation price action on the lower time frame for me to consider any entries.
Instead, structure/pattern can evolve, and in this case, instead of a bullish continuation on the lower time frame,
we are seeing the structure more as a bearish continuation instead now.
With the overall sharp reversal impulse down, form the all time highs, price has now form a possible continuation correction right outside the ascending structure.
Be on the look out for smaller continuation correction as the confirmation for more bearish impulse phase to push the price lower to the next swing lows.
Thank you
AUDJPY Can Price Action Repeat Itself ?
Hi everyone:
Here on AUDJPY, there is good potential development that can lead to another selling opportunities.
We can see from previous price action, after price has a confirmed bearish impulse down, once correction completes, lead to another bearish move.
The current price action is even better as we have now created a double tops, reversal bearish impulse move down.
Same 2 scenario to wait for,
either price will formed smaller corrections on the lower time frame and continue the drop
or
a bigger, sizable correction will form just like the past, and once completed, will have another a stronger bearish move down,
Thank you
GBPJPY More Sell Coming, two options to wait for
Hello everyone:
Since last Friday till now we have seen lots of USD, JPY pairs gaining strength across the market.
Market has pushed quite a bit and I suspect more strength to come in the near future for USD and JPYs.
Here on GBPJPY, very clean price action is forming in favor of a bearish sell opportunities.
From the higher time frame, price is at the top of current structure,
no signs of continuations. Could be possible at the beginning to resume the bearish move from previous impulse phase.
On the lower time frame, after price hits the previous swing highs from a bullish up move, price quickly revered down after creating a double tops.
Strong bearish phase down, naturally will need to correct for further sell.
Often these sharp impulses we see, can correct either just as a smaller corrections on the lower time frames and continue
or
sometimes they can create larger consolidation correction that may take days to form, but can resume the downside with more momentum.
Be on the look out for these development and confirmation before entry.
thank you
Did You Miss All the Buy on Tesla ? Here Is Another One
Hello traders:
I have shared many Tesla's forecast and analysis in the past that leads to the bullish up move.
If you missed any of the buy setup, price is potentially getting ready for another one very soon.
We can see overall price has been very bullish throughout, as many impulse phases are followed by continuation phases that push the price higher.
We see the latest significant impulse phase, is followed by a larger flag structure which few swing highs and lows. Good signs of a possible completion of a pattern that can be continuation in nature.
Lower time frame also has a nice inverse Head and Shoulder, bullish reversal price action as well.
Wait for bullish corrections on the LTFs, to confirm and validate the next buy setup
Thank you
GBPUSD Is It Time To Look For Buys ?
Hello everyone:
Also on my watch for remaining of the week is GBPUSD.
From previous bearish setups, price implosively push down aggressively,
After hitting a higher time frame swing lows, there signs of bearish momentum slowing down.
A potential double bottoms on the higher time frame, with a falling wedge bulllish reversal, that leads to a LTF impulse phase.
These are all good indication of the bullish price action in the making.
Lastly we see a possible bullish continuation correction formed, possible inverse H and S pattern.
Wait for price to impulse out, and smaller continuation corrections to confirm and validate the buy potential.
Thank you
NASDAQ Bullish Price Action, Look For Buys
Hi traders:
Here on NASDAQ, price is slowing developing good bullish price action that can potentially push the price higher.
We can see price has moved down to a higher time frame swing lows, and managed to break below it. However, no signs of bearish continuation price action.
instead, a descending channel reversal was formed, and a strong lower time frame bullish impulse has pushed the price up.
Now that price has impulse up, it begin to consolidate to form a possible bullish continuation correction.
Watch for the structure to complete and look for buy setups that fit your plan for entries to the next highs.
Thank you
GOLD Bullish Reversal, Watch For Buys
Hello traders:
Here on GOLD, we can see from the previous down move, price has hit the bottom of the higher time frame structure.
After price impulse down, it didnt create any bearish continuation correction price action, instead a bullish reversal impulse on the lower time frame.
After, price followed through with a bullish continuation correction, good signs of further upside potential.
Be on the look out for smaller, continuation correction on the LTF for possible confirmation and validate the entry.
Thank you
How the higher time frames help you to avoid unnecessary losses Hello everyone:
Today I want to discuss the importance of higher time frame analysis.
Doesn't matter what type of trading strategy, method or style you use,
the higher time frame often will help us to strengthen our bias overall and give us a good perspective of the possible direction for the price to go.
In addition, it helps traders to avoid unnecessary losses and mediocre entries that will eat up your profits.
More often I hear traders will execute trades on the lower time frames, and not factor the overall higher time frame bias and perspective.
Although entering on the smaller time frame can potentially give you more Risk:Reward, it's often more risky and trades can easily reverse, then hit the stop loss.
This often creates stress, negativity, and revenge trading psychology for traders which ended up blowing accounts.
I want to give a few examples of higher time frame analysis, how they can help traders to avoid “traps” on the lower time frames, avoid unnecessary losses, and keep the emotion at bay to trade another day.
When having a bullish bias on the HTFs, its good risk management to not consider any short term, bearish sell setups.
These sell setups may form on the LTFs, but they can easily not continue to your desired target, and reverse up before you have time to react.
In addition, traders hate to see profit come and go.
So if a trader has a short position running in some profit, but decides to hold onto the trade, and once the position reverses, traders don't want to exit, and then end up holding a losing position to its SL.
Examples:
AUDUSD:
HTF: Overall bias and perspective in bullish
LTF: Many LTF bearish setups/development, but due to going against the HTF, they ended up with losses
NZDUSD:
HTF: Overall bias and perspective in bullish
LTF: Many LTF bearish setups/development, but due to going against the HTF, they ended up with losses
AUDCHF:
HTF: Overall bias and perspective in bullish
LTF: LTF bearish setups/development, but due to going against the HTF, ended up with loss
NZDCHF:
HTF: Overall bias and perspective in bullish
LTF: LTF bearish setups/development, but due to going against the HTF, ended up with loss
NZDCAD:
HTF: Overall bias and perspective in bullish
LTF: LTF bearish setups/development, but due to going against the HTF, ended up with loss
SILVER:
HTF: Overall bias and perspective in bullish
LTF: LTF bearish setups/development, but due to going against the HTF, ended up with loss