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Impulse

GBPUSD Don't Miss this drop Hello traders: GBPUSD has broken out of the HTF ascending channel structure, and is finished forming its continuation correction. We can see price has already been in a bearish trend from the top of the HTF ascending channel. Price managed to make the first impulse, follow by correction, then another impulse out of the HTF channel, good indication of continuations downside. Latest price has completed a bearish flag/channel continuation correction and price broke out now. So this LTF correction that is developing will give us good entry to sell down to the next recent lows. Thank you
Short
by jojofang0901
53
EURUSD Don't Miss the bearish price action to sell Hello everyone: Most USD pairs are getting more strength, and certainly EURUSD is also showing us the bearish price action. WE see price has already impulse out of the HTF rising wedge reversal structure, and continue to the downside with many continuation corrections. The latest bearish impulse on the LTF is follow by a ascending channel like correction, good signs of further bearish continuation. Look for any corrections to get in on the sell, to the next HTF lows. Thank you
Short
by jojofang0901
29
NZDUSD Sell Setup Forming Hello everyone: NZDUSD has also shown us a strong bearish reversal price action from the HTF ascending channel structure. Similar like AUDUSD, price has formed strong LTF impulse, follow by continuation correction to move the price lower. Now we are seeing yet another LTF impulse and follow by a small LTF continuation correction. We can expect either price will start breaking lower now and follow by LTF correction to go lower, or We can wait for a bigger continuation correction that will form here, and still expect the bearish move to resume once correction finishes. thank you
Short
by jojofang0901
37
AUDUSD Continuation bearish price action to sell Hello traders: AUDUSD has been in a bearish trend from the top. We see the price reversed from the HTF rising wedge structure, and we can clearly see strong bearish impulses and corrections to push the price down. Latest price action shows us another LTF bearish impulsive move, and now a continuation correction form. Either we can expect this is all the correction the price needs to break down lower and pass the previous lows to show further downside potential, or a bigger correction could form here, but still a bearish continuation after it completes. Thank you
Short
by jojofang0901
35
GBPUSD Sell Setup Hi everyone: Also looking at GBPUSD for bearish continuation sell. We see price has made a clean bearish impulse down from the lower time frame ascending channel, and price begin to consolidate. On the LTF there is a channel like structure forming, and this can be the continuation correction that I am waiting for to push the price out of the the HTF ascending channel structure. Wait for any bearish impulse follow by LTF continuation correction to get in the sell. Once we see price confirmed breakout of the HTF ascending channel structure, then expect further bearish correction to form and push the price lower. Thank you
Short
by jojofang0901
46
GBPJPY Back to Double tops, look for sell reversal Hello traders: GBPJPY moved up once again correctively to a recent double tops, and we can expect a bearish reversal price action. We see the first LTF impulse didn't reach the lows of the correction before a bullish reversal up move. However, the latest price action shows a ascending channel reversal, and another LTF ascending structure, good to see more bearish price action forming. Look for LTF breakout and continuation correction to sell down to the previous lows again. thank you
Short
by jojofang0901
68
NZDCHF Watch for bearish continuation sell entries Hi traders: NZDCHF has managed to break out of the HTF expanding structure. Price initially had a bullish move up, but quickly had a bearish reversal impulse. As we know these are strong price action to indicate a possible reversal. Then we see price begin to form this expanding structure, and looks like price is breaking out on the LTF. Wait for continuation correction to get in and watch if price can break below the previous lows and continue down further with confirmations corrections. Thank you
Short
by jojofang0901
17
1INCH Time for the next bullish impulse up Hi traders: We can see 1INCH here had a strong bullish impulse up, and follow by a correctional structure. This is a good indication that price is correcting for the next impulse phrase. We can see some clean LTF price action, a decending channel, follow by a reversal impulse up, and now potentially breaking out. As usual, wait for a LTF continuation correction here would be ideal to push the price into the next bullish run.. Thank you
BINANCE:1INCHUSDLong
by jojofang0901
52
CARDANO Look for these 2 buy opportunities Hello everyone: ADAUSD is currently in a big HTF correction, and certainly can expect a resume of the bullish trend when this correction completes. We can see that price has been pushing up impulsively from previous corrections. Currently price is in this larger correction, consolidating. This is a good indications that price is preparing for the next bullish run. What we need to wait for is the completion of this HTF structure. Either price can now move down once more correctively, and hit the bottom of the HTF structure before reversing up, or we can expect price to breakout from this LTF correction, then look for further continuation correction for the buy. Thank you
BINANCE:ADAUSDLong
by jojofang0901
43
Ripple Look to complete this bullish continuation correction Hello everyone: I am also eyeing XRPUSD for bullish price action to continue. We see price had the sharp move down from the SEC news, and has since recover some of the price. We see a strong bullish impulse up, and then a larger, deeper correction begin to form. Latest price is looking like a pennant/triangle continuation correction is almost complete. I would wait for clean breakout form the continuation correction follow by LTF correction to get in ton the next buy Thank you
BITSTAMP:XRPUSDLong
by jojofang0901
29
XLMUSD Watch for this next bullish move up Hi traders: Also looking at Stellar for the resume of the bullish trend. Price has managed to push up quite a bit from the beginning of January, and we see strong bullish impulses follow by continuation corrections. The latest price had a move down, but was follow by descending channel reversal, good indication the bearish momentum isn't pushing down the price further. Now we see a breakout from the price, so as usual I will wait for correction to get in on the next buy Thank you
BINANCE:XLMUSDLong
by jojofang0901
48
DOTUSD Look for the next bullish impulse. Hello traders: Looking at DOT for the the resume of the bullish trend. We see price had a strong bullish impulse from previous continuation correction, and price begin to form a deeper, HTF correction structure. We see the structure had at least 2 swing highs and lows, which is a sign that this can be the completion of this correction. I would wait for the confirm breakout from the price and wait for LTF continuation correction to get in. Thank you
KRAKEN:DOTUSDLong
by jojofang0901
41
Weekly Trading Recap: BNBUSD, LINKUSD, EURAUD April 03 2021Hello everyone: Welcome back to this week’s trading recap video. Let's take a look at the positions that closed down this week. I will explain my approach on the entry, SL, TP and management. BNBUSD - Running about 1.5% Full analysis/forecast LINKUSD - Running about BE Full analysis/forecast EURAUD - 1 % profit Full analysis/forecast NZDCHF -1% loss Full analysis/forecast: GBPJPY - 1% loss Full analysis/forecast: Any questions, comments or feedback please let me know. :) Thank you Jojo
BINANCE:BNBUSD
by jojofang0901
53
RMR: Elliott impulse wave finishing, correction wave incoming?Hi. I've plotted a resistance zone that's been prevalent since the start of the year. I've also plotted some Elliot waves: some past, some current and some incoming. The recent Three Drives pattern is over and unfortunately I didn't recognize it in time. But a good question then is what's next? Well there is a clear impulse wave occurring at the moment. The high price difference between the MA 56 and close price strongly indicates that the impulse wave will continue to finish wave 3 and 4. The exact time when this will happen is uncertain, the price on point 5 is just an example. But this means a correction wave is incoming when the impulse finishes. There are two decent position to make if you believe the impending waves are probable: When the current impulse wave has finished there is a good timing for a short position to profit off of the correction wave. When that correction wave is complete there will most likely be an impulse wave. A long position when this is apparent or a long position on the B point of that wave could both be decent. Thank you. Please, if you have any thoughts or comments do leave them below and I would gladly discuss or adjust my interpretations and methods with you. This does not constitute financial advice. Any projected prices, even if explicitly stated, are made with intent to discuss the symbol and potential interpretations. Any trades shown or mentioned are examples and neither recommendations or mandates.
NASDAQ:RMRLong
by Kabeldon
📚 The Perfect Impulse - Correction - Impulse 📚NZDUSD has recently given us the perfect impulse, correct, impulse move, which is probably our favourite pattern to trade. The market moves in waves. There's an impulse wave, followed by a brief period of consolidation/correction where buyers and sellers accumulate their orders. This is often followed by another impulse wave in the same initial direction as the first impulse. The great thing about these patterns is that we can have a clear stop placement, which is above the correction. If you have a closer look at this chart, you will be able to notice various impulse waves followed by corrections. Do your best to find them in your trading!
Education
by WicktatorFX
19
NZDJPY Wait For Continuation Correction to sell Hello traders: NZDJPY has been dropping as expected from the higher time frame double tops. We saw a strong bearish move down followed by the LTF correction. This expanding structure correct the price up once more to form a recent, LTF double tops, and then a sharp move to the downside. Once price broke out of the correction, naturally, we can expect continuation correction here to form, and look for the next sell down to the lows. Wait for clear continuation correction on the LTF to enter. Thank you
Short
by jojofang0901
38
BINANCE COIN Get ready for the bullish breakout Hi traders: Liking the bullish price action on BNBUSD. We see strong bullish impulse up from the price, and a larger, deeper correction was formed. The larger correction has a few swing highs and swing lows, good indication that its a correction which we can expect bullish continuation once correction completes. Lets wait for a bit more consolidation if it needs to, and look for a strong breakout from the larger correction, then go the LTF to look for continuation correction to buy. Thank you
BINANCE:BNBUSDLong
by jojofang0901
60
Ethereum Remains BullishHello traders and investors! Today we will talk about cryptocurrencies, specifically Ethereum (ETHUSD), its price action from a technical point of view, and wave structure from the Elliott Wave perspective. Well, as you already know, the Crypto market is in a massive rally and after recent sideways price action and corrective wave structure, seems like there's room for more gains, especially for ETHUSD in which we see a bullish development based on two different interpretations. In the first count, we are tracking a bullish triangle formation within wave 4, where the final wave »e« is still missing before we will see a break into new all-time highs for wave 5. In the second count, we are observing a completed wave 4 correction, which can be followed by a new five-wave impulse within wave 5 that can push the price straight into all-time highs with room even up towards 2500 area. What we want to say is that, be aware of a bullish continuation on Ethereum at the beginning of April, but only if the price manages to stay above the 1520 invalidation level. Be humble and trade smart! 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.
BITSTAMP:ETHUSDLong
by ew-forecast
2