US500 - My Trading Plan in 4 mins!Hello everyone, if you like the idea, do not forget to support with a like and follow.
Here is the top-down analysis for US500, feel free to request any pair/instrument or ask any questions in the comment section below.
Best of luck!
Impulse
Weekly Trade Recap: ETHUSD, USDCHF, NASDAQ, SPX Nov 28th 2021Hello everyone:
Welcome back to this week’s trading recap video.
Let's take a look at the trades entered/closed this week from me.
I will explain my approach on the entry, SL, TP and management.
ETHUSD: 2 positions running for +3.2%
Full analysis/forecast:
USDCHF: 2 positions running for +3.7%
Full analysis/forecast:
NASDAQ: 2 positions closed down for +3.91%
Full analysis/forecast:
SPX: 2 positions closed down for +2%
Full analysis/forecast:
GBPCAD: Closed down for -1% loss
Full analysis/forecast:
Any questions, comments and feedback welcome to let me know.
If you like more of these contents, like, subscribe/follow and comment for me to keep doing them. :)
Jojo
DIDI expect in corrective wave W-X-YAccording to elliott wave analysis, pricing is heading to complete 1-2-3-4-5 which impulse wave C.
Complete Breakdown & Analysis in the Indices Market
Hello everyone:
Let's take a more in depth look into the major indices such as US30, US500, US100, UK100, EUR50 and a few other setups.
More bearish price action continues to develop across the market in the last few days, and we can certainly be active to look for opportunities.
In my weekly market outlook/update live streams, many of these indices have been on watch and discussed during the NY sessions.
From last week and beginning of this week, we have been looking into more on a possible bearish move in the market.
Below I will share previous setups/screenshots that I share in the live stream and other platforms.
We will go into these indices in more detail one by one, and discuss the possible opportunities on all of them.
US30 (DOW):
Previous Setup:
Current Development:
Original Forecast/Outlook:
US500 (SPX):
Previous Setup:
Current Development:
Original Forecast/Outlook:
US100 (NASDAQ):
Previous Setup:
Current Development:
Original Forecast/Outlook:
UK100 (FTSE):
Previous Setup:
Current Development:
Original Forecast/Outlook:
EUR50:
Previous Setup:
Current Development:
Few other indices on watch:
DE30 (DAX)
AU200 (ASX)
FR40 (CAC)
Any questions, comments and feedback welcome to let me know.
If you like more of these contents, like, subscribe/follow and comment for me to keep doing them. :)
Jojo
USDJPY - SHORTA Bearish Harmonic Pattern has been formed. Consider the development of South Impulse. The target is Major Support Level.
USDJPY - SHORT
ENTRY PRICE - 115.300
SL - 115.600
TP - 114.470
Please leave your comment and support me with like if you agree with my idea. If you have a different view, please also share with me your idea in the comments.
Have a nice day!
Time to say goodbye to SHIBShiba inu 4h
after this huge rise we all expect to have a correction and it's very risky to buy at this point and you shouldn't be greedy , sell your SHIB .
even RSI proves that we are nearly at the end of wave 5th.
always buy at the dips .
everything else is clear on the chart.
don't forget to like❤💕
Bitcoin last bullish move before macro correction [Elliot Waves]Hello friends how are you,
basing my analysis on elliot's wave theory and having finished that last correction there should be a last 5 wave boost to the upside.
The area where price should move for this last impulse is drawn on the chart and is based on the previous two 5-wave cycles.
These 3 sets of 5 waves form wave 5 on a larger scale.
$ 84,000 is a good price to sell bitcoin before a possible macro correction.
I personally am not going to sell bitcoin since this seems to me a technology that is being adopted but by technical analysis it would seem reasonable to think about selling a little at these levels.
Good bye and good luck!
EURNZD Bearish Continuation Price Development
Hello traders:
Similar like EURAUD, we can see some good bearish confluence on EURNZD as well.
After the higher time frame impulse move down, we see a correctional phase of the price.
Once the consolidation finishes, we then see another impulse phase down, breaking previous lows.
These are good development to indicate further downside is possible.
Latest development give us a lower time frame correction, and price is at the bottom, ready for another push down.
Look for LTF bearish correction for possible entries down.
Thank you
CADJPY Same Bullish Structure, Wait for buy entry
Hi traders:
Similar like USDJPY, CADJPY and few other JPY pairs are showing signs of bullish price action.
From the higher time frame, price has already impulse up from the descending structure,
and continue its impulse phase.
It hits the previous highs and pushed down, only to form into a reversal correction and continue upwards.
Latest price development shows that we have another lower time frame impulse up, breaking above previous highs,
and is now forming into another continuation correction which is what we see here on the lower time frames.
To confirm the next move up, wait for price to break above the current LTF continuation correction,
and watch for smaller, LTF correction to set entry orders for the buys.
Thank you
Elliott Wave Analysis: AUDNZD With Bullish SetupHello traders!
Today we will talk about AUDNZD currency pair, where we see quite clear bullish EW pattern.
As you can see, AUDNZD made a five-wave impulse from the 1.0280 lows, which is first leg of a minimum three wave recovery. We know that after every five waves, a three-wave A-B-C corrective setback follows and we can see now a completed A-B-C corrective decline nicely connected within channel range.
Well, with current rebound by five waves and back above channel resistance line, seems like AUDNZD is ready for third leg up, which can send the price at least back to October highs and 1.06 - 1.07 area, just be aware of short-term intraday pullbacks.
Be humble and trade smart!
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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.
AUDUSD – LONGBuying opportunity from Major Support Level and Demand Zone. The target is next POC level in Supply Zone.
AUDUSD – LONG
ENTRY PRICE - 0.72150
SL - 0.71680
TP - 0.73400
Please leave your comment and support me with like if you agree with my idea. If you have a different view, please also share with me your idea in the comments.
Have a nice day!
GBPCAD Bottom of structure, watch for buys
Hello traders:
Here on GBPCAD's higher time frame outlook, we can see price is at the bottom of the overall price action.
A larger, deeper consolidation here is a good sign of a continuation development, after seeing the previous impulse phase.
Latest development here is showing a double bottoms, and some bullish reversal price action.
Watch for this inverse Head and Shoulder to develop that can confirm the bullish reversal,
then look for buy entries on the lower time frames.
Thank you
Possible Price Impulse XAUUSD LONGToday the price fell strongly on the XAUUSD. Forming now a fibonacci on the daily, it is possible that the price will explode upwards to around 1900+. If you are a US resident you may know inflation has made everything go up in prices, however, XAUUSD or gold has stay the same. In my point of view gold has been holding back for a while now an soon it will go longs. You can see the fib retracement on my chart.
UKOIL Watch for reversal from the top
Hi traders:
Been very busy with other sessions but do find time in between to do some trade analysis and forecast :)
Here on UKOIL, we can see a nice higher time frame structure in the making.
With a few swing highs and lows, signaling a potential completion of this structure.
The latest development shows us an ascending channel, correcting the price up within the HTF structure, good sign of a possible reversal price action.
What I would do is wait patiently and watch for a confirmation bearish impulse down, follow by continuation correction to look for entry down to the lows.
thank you
SILVER Long Term Buy Potential
Hi everyone:
Looking at Silver here for the bullish long term outlook.
From my previous analysis, I mentioned a downside from the price to the previous lows on the higher time frame would be ideal to lead to a long term buy.
Finally, we see price correctively move down to the HTF lows within a descending channel, a potential double bottoms as well.
Latest development showed us an inverse Head and Shoulder on the lower time frame, further add confluence for the possible bullish reversal.
Look for buy entries either at the right shoulder of the H and S, or wait for price to breakout of the descending channel, and LTF continuation correction to enter.
Thank you
CROUSD Bullish Impulse or Corrective Extension....BITTREX:CROUSD
It appears the correction is over for CRO, it wants to fly!
If we are in a bullish impulse then we may see targets such as the 1.618% Extension or much higher, possibly up to 3.618% or higher if the market allows. But let's not get ahead of anything.
Should the move prove only corrective in nature then we can presume lower targets such as the .618% up to 1.236% Extensions.
Weekly Trading Recap: EURAUD, GBPUSD, SOLUSD Nov 20th 2021Hello everyone:
Not many trades entered this week.
I was on vacation during the week so wasn't too active on the charts or in my community.
Will share these trade results from entry, SL/TP, management and overall analysis.
EURAUD:
Full analysis/forecast:
GBPUSD:
Full analysis/forecast:
SOLUSD:
Full analysis/forecast:
Any questions, comments and feedback welcome to let me know.
If you like more of these contents, like, subscribe/follow and comment for me to keep doing them. :)
Jojo
GBPUSD Bottom of structure, watch for bullish reversal
Hello traders:
Lets take a detail look into GBPUSD's current price action.
We can see after the strong higher time frame impulse move, price develops into a larger, deeper consolidations.
Within the larger correction, a descending channel structure was also formed.
Good confluence here for a possible bullish reversals.
Now that price is at the bottom of the descending channel as well as HTF structure,
would be nice to look for a lower time frame bullish reversal price action.
Either inverse H and S, double bottoms, falling wedge or smaller descending structures are valid as a confirmation for the buy move to the top of the structure.
Thank you
SOLANA Broke ATH, Continuation expected.
Hello everyone:
Sorry have been fairly busy with other things, but here is some good potential opportunity on SOL.
We can see price has manage to continue its bullish move from my previous continuation correction that I point out in the latest analysis/forecast.
The latest development has show price indeed break above the all time highs, which is good sign for further upside.
Best to wait for a correction here as price is likely to consolidate, and finishing correcting for another bullish impulse up.
Thank you
FTSE100 Top Of Structure, Get Ready for Sell opportunities
Hello everyone:
Also looking at FTSE100 for the bearish reversal from the top.
We can see similar higher time frame structure here like other indices market. Price has correct within and have few swing highs and lows.
Latest development shows a lower time frame double tops, smaller ascending structure at the top of the HTF structure, good signs of possible reversals.
Watch for a completion of the ascending structure, and look for bearish reversal on the lower time frame for sell entries down to previous lows.
Thank you