ADANI PORTS -My 1st on WOLFE WAVE - 1HrExperts on the WOLFE WAVE can please correct me if I'm wrong.
Targets shall be booked whenever the Target Line is kissed.
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Always keep a stop loss to rescue you out of troubles and trail the stop loss as the price rises.
Wave-5
BTC Return on Investment Right on TrackLooks like Bitcoin is doin its thang. We had that major correction that previous cycles had around this time. Now we are looking to be at the top of the next peak according to Orion as well as the BTC ATH ROI. I'm thinking we will see another 10% drop in the next 8 days before we finally turn around and push back up towards 60k and beyond. Previous cycles had this secondary dip as well before breaking their all time highs. HODL on folks!
📚 Understanding Price Action - Impulsive & Corrective Moves 📚For every currency pair, all the price action can be broken down into 2 different waves. Impulse waves and corrective waves.
Both of these waves have the same patterns within them such as flags, ascending/descending corrections, channels etc.
The tip to finding out what phase we're in is to zoom out to a bigger timeframe and look at price action as a whole and ask yourself "is this impulsive or is this corrective". Once you understand that, you can more often than not understand where price will be going next.
For CADJPY, we are in a flat ABC triangle and we are approaching the upper limits of the triangle. We also are in an ABC correction. On the smaller timeframe, if things line up, we can get in at the very top of the impulse and ride this back down!
Try spotting corrections and impulses and watch how your chart game levels up!
WOLFWAVE on daily timeframe on BTCUSD 🚀🚀Found Bullish wolfwave pattern on the daily timeframe which doesn't occur frequently so it can be a very good bullish sign for btc. i can see 70-80k number coming in btc in few weeks. the target is the trendline touch btw the 1-4 wave.
please do let me know your views on my analysis.
TSLA Heading Down. Wolfe Wave completed. Target 660 around WedWolfe Wave analysis of TSLA shows point 5 peak reached with volume surge along with 0.786 retracement. Initial target is 660 for this coming Wednesday. Earnings are estimated at +/- 10%, but historically come in at an average of +/- 7.5 %. Which if TESLA falls per WW analysis puts us very likely at 660
My LT UUUU Position PlanningUranium charts looking weak across the board, I want to take this opportunity to scalp my last trade for a 20% profit. Wait for the C wave to complete and build a double-sized position, closer to the 200D MA.
I may have to adjust going forward, based on the character of the correction, but a pullback this deep will certainly give plenty energy/base/new money to catapult through that red resistance.
Silver Big Move AheadSimilar to my latest Gold Chart, I believe that the final impulse (sub) wave of the first leg up will lead us into a correction before or just after breaching 28.5. This will be underway with a breach of 26.3 (confirmation) and then 27 (participation).
Correction at the top will be deep (~25.8), as it will be part of wave two. The first (non-believer) selloff in the first of three major moves higher from the bottom on March 31st.
I think a healthy correction will bring us back as far as this 25.8 before true liftoff ~ in June? ~
The Gold chart is appearing to me very similar in structure.
Outperforming US equities dramatically for the rest of 2021, with the first show of strength beginning now.
Pundi is getting ready for a jumpAs you see, Pundi is within wave 4 which is being formed by a expanded flat pattern. Usually wave 4 is ended near wave 3 or 4 of previous trend. So it seems it's the end of the wave 4 and it'll have a upward wave called wave 5. I think wave 5 has a truncation and it wouldn't reach the end of wave 3 because wave 3 is extended and wave 4 had a sharp correction. So be aware!
USD/CHF SELL IDEAHey tradomaniacs,
welcome to another free trading-setup.
USD/CHF: Daytrade-Preparation
Market-Sell: 0.91535
Stop-Loss: 0.91840
Point of Risk-Reduction: 0.91320
Take-Profit: 0.90770
Stop-Loss: 30 pips
Risk: 0,5% -1%
Risk-Reward: 2,55
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Peace and good trades
Irasor
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GOLD (XAU) 15min - EW cycles: Wave (C)We are going above than expected in the last idea (linked below), but i still think that we are in a Wave (C) before of a new low (to 1640 - 20 area), according with my counts.
Precisely, it looks to me that we stay inside the last 5th wave of a "zigzag" ABC (5-3-5) where the first 5 (the relative A) are a w-x-y-x-z.
I stay convicted that we are into a big correction so far, and only a break above 1826 (the final confirmation would be 1840) will invalidates this count.
So, here is published the whole counts from March 8 in 15 min TF to monitoring what happens.
Final levels to watch at (if 1790 will breaks) are: 1804, 1806, 1811, 1815, SLs should be above 1826 - 30 levels.
Above that area i think this idea of the C will be invalidated cause in that case we may stay into the new Bull Cycle (the big 5th wave, precisely 3rd of 5th).
I will post comments with updates of the counts here and on my old idea (on bigger tf).
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May the pips be with you...