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Impulse

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!
Long
by Janpr99
4
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
Short
by jojofang0901
48
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
Long
by jojofang0901
12
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! 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.
Long
by ew-forecast
1
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
Long
by jojofang0901
44
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
TVC:UKOILShort
by jojofang0901
39
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
OANDA:XAGUSDLong
by jojofang0901
42
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
FTX:SOLUSD
by jojofang0901
37
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
Long
by jojofang0901
29
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
FTX:SOLUSDLong
by jojofang0901
12
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
OANDA:UK100GBPShort
by jojofang0901
9
EURAUD Continuation Bearish Price ActionEURAUD Continuation Bearish Price Action Hello everyone: We can see from the my previous analysis at the top of the Head and Shoulder, strong bearish impulse phase move the price down accordingly. After price has break the previous low, we see a descending channel and price was temporary reverse up correctively. However, the latest development here shows a lower time frame ascending channel after the move up, good signs of further bearish development aligning with the higher time frames. Be on the look out for bearish continuation on the lower time frame, and look for sell entries down to previous lows. Thank you
Short
by jojofang0901
31
Elliott Wave Analysis: AUDJPY Is Looking For Wave 5Hello traders! Today we will talk about AUDJPY pair and its quite clear Elliott Wave pattern called bullish impulse. Bullish impulse should be seen by five waves and as can see, AUDJPY looks to be trading in wave 4 correction with perfect 83.00 psychological support and with equality measurement of waves 2=4, right at the channel support line, from where we should be aware of another rally back to highs for wave 5 with room even up to 87 - 89 target area. To confirm our view, it would be nice to see a recovery back above 84.60 bullish confirmation level, however, any bigger decline back below 82.00 level would invalidate our wave count. Trade well! 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.
Long
by ew-forecast
3
NZDJPY Bullish Continuation Price Action Hello traders: Still eyeing the strength in NZD pairs, and here on NZDJPY price has formed another bullish continuation correction. We can see several impulse phases, follow by correction phases. No difference here on the latest development. A bullish continuation price action, with a few swing highs and lows, double bottoms, ready to impulse up. Watch for lower time frame continuations, and look for recent highs and higher time frame highs as a potential targets. Thank you
Long
by jojofang0901
16
Weekly Trading Recap: NU, NC. UJ, XAG, US30, US100 Nov 14th 2021Hello everyone: I have been getting some hating and trolling comments/messages from some people on my recent trading result. Sure I can admit last month and this month so far haven't had some good results, and I am not hiding away from that. But I am well aware of how trading is in terms of consistency and sustainability. I have been journaling and making trade recap on my trade results which I share publicly, honestly and transparently, so not worry about one losing month or 2. Overall the year is certainly up and profitable, so it's during these periods of drawdowns and losing months we need to be extra cautious and don't fall into the trading psychological mistakes. Do not revenge trade, over leverage, over risk and end up blowing accounts. My sincere feedback to traders out there who are struggling. Don't let social media fool you on how trading is. You will never know if those scammers or fake gurus trade real, live $ accounts, or just show you demo account profits. You will never know whether they take losses or not because they won't show you those to sell you a dream. All consistent, professional traders will take losses, it's how we control our emotion, mindset and continue to let the probability play out in our favour for long terms. NZDUSD: Out for +0.5% profit Full analysis/forecast: NZDCHF: Out for +0.5% profit Full analysis/forecast: SILVER: Out for BE Full analysis/forecast: USDJPY: Out for BE Full analysis/forecast: USDCAD: Out for -1% loss Full analysis/forecast: NASDAQ: Out 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
by jojofang0901
7