Get started

Impulse

Short Idea for BTCUSDT (bar pattern) The impulse wave and megaphone on a higher candle TF is printing something similar on a smaller time frame, i pasted it down to scale for a better observation. I think the 31st of march will determine trend direction based on if its going to play out the last part of the wave: the ABC leg down, see for reference the blue vertical line. Weekend is notorious for baiting retail. Expect the opposite to usually play out tues-thurs when market makers come out to play. I do think the head and shoulders seen below will play out, sending price to my target stated above, around 30-31k. An inverse head and shoulders pattern has a measured move equal to the distance from the lowest point in the pattern to the neckline projected from the neckline. see orange Xs and red vertical lines
Short
by creengrack
USD/ZAR Price Turns BearishUSDZAR Has been in an impulse phase and it has been completed with no rules violated. We are in the bearish phase of the market, we have two counts going on where it could be an impulse in the downside suggesting a long-term sell-off or a short-term sell-off as a correction meaning we are trading in a wave (C) instead. The idea of an impulse is a little complex but the idea would be to trade a wave 3 looking at the retracement it would make sense to target the 2,618. Correlating this pair to USDCAD we are more likely to have long-term sells but keeping an eye on the price level where a Zig-Zag pattern completes will be very important.
Short
by Weshareio
1
GBPAUD Top-Down Analysis #29/50Hello TradingView Family / Fellow Traders. This is Richard, also known as theSignalyst. on WEEKLY: Left Chart GBPAUD is overall bearish trading inside the brown channel, and it is currently around the upper brown trendline. Moreover, the zone 1.83 is a strong resistance zone . So the highlighted purple circle is a strong area to look for sell setups as it is the intersection of the green resistance zone and upper brown trendline. (acting as non-horizontal resistance) on H4: Right Chart GBPAUD is bullish from a medium-term perspective trading inside the rising red channel. 🏹 Trigger => for the bears to take over, we need a momentum candle close below the last low and lower red trendline. Meanwhile, until the sell is activated, GBPAUD can still trade higher inside the green weekly resistance. 📚 Always follow your trading plan regarding entry, risk management, and trade management. Good luck! All Strategies Are Good; If Managed Properly! ~Rich
Short
by TheSignalyst
6
EURUSD More USD Strength, Watch For Sell Setups EURUSD is shaping up for more downside opportunities as the price action is showing very clean bearish development. After the double tops, price begin to reverse from the ascending channel reversal. With bearish price in the lower time frames. WE can see price has finally impulse out of the structure and formed a continuation correction, also formed a Head and Shoulder pattern as well. All these are good confluences to wait for more sell setups to form on the lower time frames to give further opportunities to the downside.
Short
by jojofang0901
1
NZDCAD Watch For Bullish Price Action Looks like NZDCAD could potentially develop into the next bullish up move on the lower time frame. From the previous, impulsive phase on the higher time frame, price begin to form into a larger consolidation, correcting the price. With a few swing highs and lows, we see price finally create a smaller descending channel within the larger correction. This is a good sign to show multi-time frames are in a bullsh favor. Currently price has already push up, so wait for this current correction to complete to confirm the nex up side is ideal. Alternatively, price can just make one more short move down to to bottom of the higher time frame correction before the next up move.
Long
by jojofang0901
3
Impulsive Elliott Wave Decline in FTSE Calling More DownsideFTSE ended cycle from 3.16.2020 low with wave I at 8047.06. The Index is now in the process of correcting this 3 year rally in wave II. The internal subdivision of wave II is unfolding as a zigzag Elliott Wave structure. A zigzag structure is a 5-3-5 structure with ((A))-((B))-((C)) as the label. Wave ((A)) and ((C)) in this case subdivides into 5 waves impulse. In the 1 hour chart below, FTSE is still within wave ((A)) of II with subdivision as 5 waves. Down from wave I, wave 1 ended at 7978.61 and wave 2 ended at 8020.13. The Index then resumes lower in wave 3 towards 7870.39, and wave 4 ended at 7949.97. Final leg lower wave 5 ended at 7854.82 which completed wave (1). Rally in wave (2) ended at 7976.48 with subdivision as a zigzag structure. Up from wave (1), wave A ended at 7950.69 and pullback in wave B ended at 7875.03. Wave C higher ended at 7976.48 which completed wave (2). The Index resumes lower in wave (3). Down from wave (2), wave 1 ended at 7897.45 and rally in wave 2 ended at 7959.77. Expect the Index to extend lower 1 more time to end wave 3, then it should rally in wave 4 and extends lower again. Near term, as far as pivot at 7976.48 high stays intact, expect rally to fail in 3, 7, or 11 swing.
TVC:UKX
by Elliottwave-Forecast
EURAUD I Potential correction downward from supply zoneWelcome back! Let me know your thoughts in the comments! ** EURUAD Analysis - Listen to video! We recommend that you keep this pair on your watchlist and enter when the entry criteria of your strategy is met. Please support this idea with a LIKE and COMMENT if you find it useful and Click "Follow" on our profile if you'd like these trade ideas delivered straight to your email in the future. Thanks for your continued support!
Short
by BKTradingAcademy
4
NZDUSD, Potential Short to Double Bottom Price action has been moving within a falling wedge structure which as we know is a reversal structure in nature. We may get another leg down to a double bottom area before price climbs up as we can see a corrective movement after a strong impulse this past week. I will wait to see if price is able to retest the upper boundary of the wedge structure to give a sell opportunity. Thanks Trade Safe ** If you felt this was helpful in any way, please like and follow me for more analysis and educational ideas ** Please share your opinion by leaving a comment.
Short
by ktlfx
1
USDCAD Bullish Price Action, Wait For Buys Hello traders: Looking at USDCAD here on the higher time frame, I cant help but point out the bullish price action in nature. The overall structure looks clean from the bullish move up, and a larger correction, with multiple swing highs and lows, forming the correctional structure you see right now. From last year, during September 2022, we see a strong bullish impulse phase on the mid time frame, validates my forecast from the beginning of the year. After the impulse phase, we can see a consolidation begin to form, and price is correcting for the next possible continuation up move. What we can wait for is on the lower time frame development to confirm the next up move. I would wait for some clean bullish continuation correction to form and complete, before consider entry. Thank you
Long
by jojofang0901
8
EURJPY - Top In Place! Catch This BIG Swing!EURJPY recently completed an ending diagonal where we had a truncated 5th wave. Now that we have the top in place, we can look for shorting opportunities below "The Top". Please note that we could be making a complex ABC correction for wave 2. If we do, we'll have another chance to catch the move down from the place indicated on the chart. Trade idea: - Watch for breakdown of the current correction - Entry on break of red trendline - Stops above correction. Safer stops above "the top" - Target the recent lows 138 (700pips) Goodluck and as always, trade safe! Possible complex correction:
by WicktatorFX
3
NZDJPY, Retracement to gain momentum for buyersNZDJPY is looking to continue its growth after a short term retracement retesting the 84.50 level. As you can see price has created multiple higher lows indicating a bearish run may not be likely at this moment. Price impulsively broke out of the upper trendline of a reversal structure surpassing previous highs which we should see further upside after a short pull back. Be patient with your entry, ensure your criteria for entry is met. Thanks Trade Safe
Long
by ktlfx
2
I am BACK :) Hello TradingView :) ITs been a minute since I was active in the community. Last post I made was last year in June 2022. Many things have happened that lead to my away and absence from the community, social media and more. I took a much needed break from being infront of the screen, camera and people. IT has been a good time to spend with family. But, after 8 months or so, I feel its a good time to get back to trading community and social media once again. To start sharing trading analysis, forecast, and market updates. I want to resume the market outlook/update stream like before, and start to create more educational contents for everyone once again. IF you are one of those who have supported me during the last 8 months, I greatly appreciate it. Although I dont reply directly on TradingView or other social media pages, I read the comments and feel posiitive from your encouragement. Thank you very much, and hope to see you all in the live streams to come. :) Cheers Jojo
OANDA:XAUUSD
by jojofang0901
145
AUDCAD 4H, Overall Bearish Trend AUDCAD has been in a downtrend as we can see price impulsively pushed downward which is now in a bearish correctional phase making lower highs but holding the 0.92 level firmly. Looking at areas of interest, I would like to see price break upwards and complete a larger correction as we add other bearish confluences like a double top and a 3rd touch on primary trend line. Price may continue to follow the secondary trend and continue to make another lower high and break below the 0.92 level to continue downwards. What's your view? Share your opinion by leaving a comment! Thanks Trade Safe
Short
by ktlfx
2
SANDUSDT Int Daily S/R| Psfp| .618 Fibonacci| Price Action Evening Traders, Today’s analysis – SANDUSDT- trading towards a key resistance area where a rejection is plausible, Points to consider, - Price action impulsive - Int-Daily S/R Resistance - .618 Fibonacci Resistance - Deviation SANUSDT’s immediate price actin is trading towards a key region where there is resistance confluence with the int-Daily S/R and the .618 Fibonacci, this allows for a bearish bias. Price action trading around the resistance will increase the probability of a potential deviation. Overall, in my opinion, SANDUSDT is a valid short with defined risk, price action is to be used upon discretion/ management. Hope this analysis helps, Thank you for following my work And remember, “Trade the market in front of you, not the one you want!” – Scott Redler
Short
by AzizKhanZamani
3