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Impulse

Polkadot Higher Time Frame Bullish Outlook Hello traders: Also on watch for the week ahead is DOT. Majority of the bigger cap coins are developing similar across the market. Here on DOT, we can see the higher time frame has formed into a nice expanding structure, correcting for the previous impulse move. The latest development has shown price hit the previous lows, potential double bottoms. Last few couple days have shown bearish price has slow down, and momentum could be exhausted. To confirm the upside for entry, wait for some lower time frame bullish reversal price action at the bottom of the higher time frame structure. This could kick off the next bull run if it is confirmed.
KRAKEN:DOTUSDLong
by jojofang0901
5
BTC Continuation Upside, Don't Miss The Chance Hello everyone: Here on Bitcoin, from my previous outlook and forecast, price indeed made that bearish move down to the lows which was expected. Price pushed to the bottom of the previous lows, since it needs to develop a bigger continuation correctional structure for the higher time frame next impulsive move. We can see now price has indeed hit the lows, and the bearish momentum has slowed down on the lower time frame, and possible double bottom could be forming. To confirm the upside, we need to wait and see the lower time frame development. Can we see some strong bullish reversal price action on the lower time frames, that can give us the confirmation we need to look for long term buy and hold. Will be updating next few days/weeks on how price develop. IF price doesn't form and bullish reversal corrections, and continue to drop lower, then of course no entry, no trade.
BITSTAMP:BTCUSDLong
by jojofang0901
8
NZDCHF Bullish Outlook, Watch For Buys Hi traders: Also keeping an eye on NZDCHF bullish price action development. We can see from the higher time frame, price has a strong bullish impulse phase up, and falls into a larger, continuation flag structure. Within the larger structure, there are many corrections that moves up and down to form into this current large structure that the price is in. Latest development shows a strong lower time frame impulse up, and possible forming into a smaller continuation correction. Wait for price to impulse out of the smaller correction, follow by continuation correction as the confirmation for entry,
Long
by jojofang0901
8
NZDCAD Descending Structure, Bullish Reversal Hello everyone: Similar like NZDUSD, we can see here on NZDCAD has very similar bullish reversal price action on the higher time frame. Price is currently in the large, descending structure, correcting the price down. With multiple swing highs and lows, we can tell this is the correctional phase of the market condition. Latest development give us a lower time frame descending channel, at the bottom of structure, good signs for possible bullish reversals. Wait for more lower time frame development, if price can form bullish price action, and continuation corrections, then it can confirm the next move to the previous highs. Thank you
Long
by jojofang0901
22
AUDCHF Continuation Price Action, Wait For Buys Hi everyone: AUDCHF has good bullish price action that can lead to another buying opportunity. WE can see from the initial impulse phase that leads into a continuation correction. From the continuation correction there is a confirmed impulse up, out of the correction. Good signs of more bullish momentum. Now that we can see price has also formed a lower time frame correction and looking like a continuation flag to push the price up more. Good to wait for price to impulse out and look for lower time frame confirmation to buy to the next highs and higher. Thank you
Long
by jojofang0901
18
NZDUSD Can It Start To Reverse ? Hello traders: Here on NZDUSD, price is once again at the bottom of structure, and forming possible reversal price action. From the higher time frame, we can see strong bullish impulse up to reverse the COVID sell off, and price begin to form into the flag/descending channel structure. On the lower time frame we are seeing the correction continue to develop, multiple swing highs and lows to correct the price within. Latest development showed a nice fallen wedge reversal at bottom of HTF structure, and a bullish impulse break up. Good idea to wait for bullish continuation correction to form and complete, to give a possible entry to the next highs. Thank you
Long
by jojofang0901
5
AUDUSD Bottom Of Structure, Watch For Buy Opportunity Hello everyone: AUDUSD has started to form some bullish price action on the lower time frame, and we could potentially see some upside move very soon. Start from the higher time frame, after the COVID sell off, we see a strong bullish impulse up move form the price. Naturally price will need to correct to continue, so we see a larger, flag/descending structure in the making. On the lower time frame, we can see a bit more bullish price action. A nice double bottoms, fallen wedge reversal are all good development for bullish reversal. Latest price did have a impulse phase up, breaking above the wedge. Be on the look out for more continuation price action, to confirm the buy opportunity to the next highs. thank you
Long
by jojofang0901
10
AUDJPY More Downside Possible, Watch For sell Hello traders: AUDJPY is showing more downside possibility, and we can certainly expect more JPY pairs to gain strength. From the higher time frame, price formed double tops, H and S pattern and strong bearish reversal down. On the lower time frame, price start to develop more bearish price action, with impulses follow by corrections downward. Good signs of the bearish momentum to continue. Price just made another ascending channel as a continuation for more downside, watch for lower time frame bearish corrections to get in the sell down. Thank you
Short
by jojofang0901
15
EURJPY Same Bearish Reversal, Watch Cor More Downside Hi traders: EURJPY has also developed nice bearish price action from higher and lower time frames. Start from the HTF, we can see a nice clean double tops, and price failed to continue higher after hitting the previous highs. Instead, we see a H and S reversal structure, and on the lower time frame, strong bearish impulse broke below the lows. Latest development has formed correction on the lower time frame, good signs of further bearish price action. Look for continuation, bearish impulse to break out for confirmation to the next lows. Thank you
Short
by jojofang0901
36
GBPJPY More Downside, Watch For Continuations Hello traders: GBPJPY has show good bearish price action since end of April, and we could potentially see more bearish downside. From the HTF we can see the overall price has hit a top of a higher time frame structure, and signs of bearish reversal move down. On the lower time frame, a Head and Shoulder pattern has formed, price impulse down, broke previous lows, and formed possible continuation correction. Good idea to look for confirmed impulse out to of the continuation correction for best entries down to the next lows. Thank you
Short
by jojofang0901
43
NZDJPY Follow the JPY Strength for More downside Hi traders: Also on watch is NZDJPY which has been pushing down aggressively from the top. From the higher time frame we can see clean double tops, expanding structure, and price indeed reverse down from the top of structure. Here on the lower time frame, price formed that double tops, ascending channel, and strong bearish impulse down. With a few impulses and corrections, price is able to continue down more. Latest development shows an ascending channel/rising wedge correction, good signs of more bearish price action. Look for lower time frame continuation to push the price down more. Thank you
Short
by jojofang0901
27
SILVER Higher Time Frame Bullish Outlook Hello everyone: Closely watching SILVER for the higher time frame long term bullish upside. We can see from the yearly perspective, price continue to correct after the strong bullish impulse phase after COVID crashed. We can see a large, correctional structure has developed, with multiple swing highs and lows. on the lower time frame, we also see a triple bottoms, price has hit the lows of the HTF structure. There is descending channel and possible bullish reversal price action in the making. To confirm the bigger picture, we should expect to consolidate on the LTFs, and form continuation correction to confirm the upside move. Thank you
OANDA:XAGUSDLong
by jojofang0901
5
Elliott Wave Intraday Analysis: USDCHF Is Slowing DownHello traders, today we will talk about USDCHF pair. We will show you price action from technical point of view and wave structure from Elliott wave perspective. USDCHF came higher very aggressively back in April and at the start of May, but after recent slow down for the US dollar, we can see USD is the weakest against CHF currency. So, USDCHF pair can be now trading in an Elliott wave (A)-(B)-(C) corrective decline. In Elliott waves, we always have to expect corrections to be made by three waves A-B-C, especially if we get a five-wave impulse in the first leg A. With current sharp and impulsive decline, USDCHF can be now finishing an Elliott wave five-wave cycle within first leg (A). So, bounce and Elliott wave three-wave A-B-C corrective recovery in wave (B) can be around the corner before we will see another decline for wave (C). Resistance can be anywhere between 0.98 – 0.99 area. Happy trading! If you like what we do, then please like and share our idea. Disclosure: Please be informed that information we provide is NOT a trading recommendation or investment advice. All of our work is for educational purposes only.
by ew-forecast
NZDJPY Same Potential Bearish Price Action, Watch for Sell Hi traders: Also eyeing is NZDJPY for the possible bearish sell opportunities. We can see from the higher time frame that the price has reach a potential high, possible double tops. Price created this expanding structure and from the top of the structure, we can see there's a bit more lower time frame development. No further bullish price action, instead, a reversal development, and price does look bearish on the lower time frame. Watch for sell confirmation, if price can impulse down further, and form bearish continuation corrections, then it can push the price down more. Thank you
Short
by jojofang0901
37
SPX - Second BULLISH PLAN for the SP500Hello traders, Today we are analysing the S&P500 where you can see everything on the chart. **Like my previous analysis on S&P500, we are BULLISH, but for a different plan (the other one is a WXYXZ)** After just finishing the ABC pattern , we might be entering the 5 purple of the V orange. Therefore we have arround 4 objectives: 1- 4526 2- 4920 3- 5046 (strongest) 4- 5560 Tomorrow we will have the retail earnings, and it look very bullish for Walmart, Home Depot and Target, so it will be one of the factors why we will have big green candles this week! Have fun and don't hesitate to look the other idea on S&P500 linked below . . . And comment if you have any suggestion !
FX:SPX500Long
by ModTrades
3
SOYBEAN Can Push Higher, Watch for bullish development Hello traders: Also have SOYBEAN on watch from the commodity market. We can see from the HTF: Price is potentially forming a continuation correction after the previous bullish impulse phase up. On the lower time frame, we can see the bullish continuation correction a bit more clear. With a few swing highs and lows, price made a descending channel and correct the price down to the last swing lows. Latest development shown a lower time frame impulse up from the descending channel, and formed more continuation correction. Expect the price to continue higher, and possible breakout of the larger correction, and more continuations to form to impulse up on the higher time frame. Thank you
OANDA:SOYBNUSDLong
by jojofang0901
6
BITCOIN Higher Time Frame Outlook Hello traders: Once again we are at this current development of BTC where its possible to have different bias and perspective. I will breakdown the 2 possible scenarios, and how to look for the bigger play in the near future. Currently price has manage to break above the lower time frame correction, but it should be confirmed with a continuation correction to validate the upside move. But, the lower time frame correction can easily continue to develop, and ended up with a bearish correction to move down once more. If that's the case, price once price moved to the previous lows, or the bottom of the higher time frame correction, its good idea to wait for bullish reversal price action at the bottom, and look for long term buys to the top. Will see which of the 2 scenario will happen, and capitalize accordingly. Thank you
BITSTAMP:BTCUSD
by jojofang0901
32
BITCOIN Where To Buy ? Save This For Future Reference :) Hello traders: Crypto market has been dropping hard in the last few weeks, and many have asked me when is it to start buying again. Lets take a detail look into BTC from the higher time frame perspective. We can see after the initial bullish impulse phase of the market, price naturally develops into a larger correctional structure. We are getting a few swing highs and lows, which is good to identify as a correctional structure. From the all time highs area, price formed a double tops, ascending channel, and H and S to give us confluence of the sell. Price continue to impulse down and follow by lower time frame correction. We are not yet at the previous swing lows, so what I forecast and suggest is price can consolidate once more, and push the price down to the previous higher time frame lows, which could complete the overall structure. Once price reach the bottom area, its important to wait and see if any bullish reversal price action will form at the bottom. Those confirmation will be important to see whether the price can resume the previous bullish impulse phase and expect another upside move from the price. I will be updating this chart as we go on next few weeks/months :) thank you Jojo DISCLAIMER: -My forecast and analysis are NOT financial Advice, you should not trade and invest solely on this information. -There are many scammers & fakers impersonating me (Jojo), my channels/platforms (Aeris Trading) to scam people. Be very careful as I will NEVER private/direct message you first to sell you anything, nor ask you for money. Be alert of fake and scam channels/groups/platforms using my name (Jojo) and channel/group name (Aeris Trading) to show unrealistic results and profits to sell you scams.
BITSTAMP:BTCUSD
by jojofang0901
37