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Impulse

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
ETH Look for bullish continuation up Hi everyone: Looking at Ethereum for bullish price action outlook. After breaking all time highs, price formed a ascending channel, reverse down the price. However, we begin to see this expanding type of structure, and as we know they can be both reversal and continuation correction. WE then see a quick LTF push up from the reversal expanding structure, and a small continuation flag form. This can be the first indication of the bullish momentum. Lets see if we can get the price to continue an breaks above the ATH once again, and look for look term buying opportunities. Thank you
BITSTAMP:ETHUSDLong
by jojofang0901
20
NEO Bullish Price Action to Continue hi traders: I am also looking at NEOUSD to resume its bullish trend. We can see there was a strong bullish impulsive phrase to push up the price. We did see a short term pullback, but it was quickly reverse with a fallen wedge, and LTF continuation bullish price action. Latest price has formed a continuation correction, and price breaks out now. Expect more bullish price action to form and push the price pass previous highs. Thank you
BITFINEX:NEOUSDLong
by jojofang0901
34
Risk Management: Entry in the impulsive phrase of price action Hello everyone: Welcome back to another video on risk management. Today I want to discuss a few possible entries that we can do in the market when we spot the next impulsive phrase of the market condition. I will break down the 3 types of entries that I always look for when I am about to execute a trade. Sometimes we will see all 3 entries present themselves, and sometimes we might only see 1 or 2. So let's dig into these entries. All entries are based on the continuation or reversal structure on the LTF mostly. So I need to see a LTF correction forming and potentially completing before setting any of these entries. In addition, they have to be aligned with the HTF overall direction and bias. Multi-time frame analysis is key. All my entries are stop entry order, meaning the market needs to hit a certain price before getting triggered. Buy Stop or Sell Stop order. You may see variations of these entries in different strategies or styles, but here are my take on them and my way of using them in my trading. Let me give a few examples of each on different markets and pairs to show the potential move and possible entry criteria. Below are same other Risk Management you should know in trading. Risk Management 101 Risk Management: How to set a Take Profit (TP) for your trades Risk Management: How to Enter and set SL and TP for an impulse move in the market Risk Management: How to scale in the impulsive phrase of the market condition? Risk Management: Combine everything you learn to prevent blowing a trading account Impulse VS Correction Continuation and Reversal Correction Multi-time frame analysis
OANDA:XAGUSDEducation
by jojofang0901
24
EURNZD Don't miss this next buy Hello everyone: Also looking at EURNZD for the bullish reversal from the bottom. We see price has been correcting itself down within this larger higher time frame descending channel. We hit a daily double bottoms, and price had a initial impulse up. Then a bigger, deeper consolidations formed. Patient is key here to wait for the price to complete the correction it needs to before resuming the next bullish run. Looks like the lower time frame is finally breakout out of the the correction now, so look out for LTF continuation correction to get in the on this bullish reversal to the recent tops. thank you
Long
by jojofang0901
19
EURAUD Don't Miss the next impulse upHello everyone: EURAUD ha finally finished its higher time frame descending channel correction, and is ready for the next move up. We see price has already made a lower time frame bullish continuation correction, and pushed the price out of the HTF descending channel. This is good indication that we are seeing a strong bullish reversal from the bottom, and we can expect the next impulsive phrase to start. I already got in the buy, but certainly seeing more opportunities once price pushes up more. Look for further LTF correction to scale in more buy opportunities. Thank you
Long
by jojofang0901
36
GBPJPY Continuation sell setup Hi traders: Most JPY pairs are showing further strength and we can certainly expect further bearish price action to continue. Price showed us a recent double tops, "M" style pattern, and an ascending channel correction. These are very good bearish price action to have on the lower time frame. We then see a strong bearish move on the LTF, and we start to see a continuation correction. Look for this correction to complete an sell to the previous lows. Thank you
Short
by jojofang0901
40