USD/JPY Possible Short Setup One on the H4 Four Hour ChartUSD/JPY Possible Short Setup One on the H4 Four Hour Chart
The daily chart is sideways but it does have some momentum downwards previously
The dollar index is overall downtrend but taking a pause right now. Lets see if this is a potential short setup.
Wave5
EUR/USD Short Famous Possible M15 / H1 Just like the Swissy chart the EUR/USD which is almost an inverse chart of the USD/CHF on most days, is also showing a possible famous setup short ...
As always this is a 10 hr ahead of time prediction.
It will depend if price stays within the ghost feed and boxed area marked on the chart...
If price behaves that way, then Frankfurt open might produce a setup 1 short into Wave 5 on the m15 chart.
This will be part of the Wave C on the D1 chart
USDCHF - THE FAMOUS Setuphis is a particular type of forecast that we do on the Hourly chart but look for entries on the M15 chart
I call it the Famous Setup ...
So if you wake up tomorrow and see price behave as the ghost feed suggest, i.e. it stays within the boxed sideways range
IT would create an opportunity to go up into the Next WAVE 5 on the M15 chart...
remember if price already moved before Frankfurt open or if it pulls down too much this setup will not be valid.
But this FAMOUS setup allows you to prepare 11 hours ahead of time.
Lets see what happens overnight...
Impulse wave 5 just started, Buy Opportunity There is not much to say here, there is a clear irregular ABC correction and the beginning of wave 5 of the parent degree.
Because the ABC correction is a running flat, Wave C should have ended before wave A, it pushed the line further and returned, this is a very strong sign that wave 5 of the parent degree really started.
There is a very little chance that wave C continues to 61% or 50%, but chance is very small.
Let me know if you have a question.
Good Trading!
BITCOIN NÄCHSTES ZIEL 10.000 $ - 11.000 $ ?Wir befinden uns in einer Impulswelle. Wir haben Welle 4 bestätigt bekommen, da er genau auf dem typischen Wert 0,382 nach oben reagiert hat.
Wenn er aus dem Dreieck nach oben ausbricht, halte ich Preise von 10.000 $ - 11.000 § für realistisch. Wie stark Welle 5 vom Volumen ist werden wir in den nächsten Tagen sehen.
Die Formation die sich gebildet hat ist auch Bullisch zu werten.
Schreibt mir gerne eure Ideen in die Kommentare !
Freue mich für Feedback
EUR/JPY H1 Risky Short Setup This chart on the right shows a breakout continuation of a downtrend but the h4 chart shows some issues to the left
Not my favourite. I'm neutralise short on this one.
If it stayed sideways and I get the feel of the euros overall during Frankfurt session, I might then decide to short it or not .
CAD/JPY had a Great Looking Setup One This is a short tutorial type to share how I trade. I call this the Setup 1.
So we saw this setup this am before London open. and traded it.
Check out how we played it and how you can play this. Very powerful method.
for more please go to my blog at www.iTradeAIMS.com
IS THE BEAR ENDED? NO, IT JUST STARTED - SP500Good Day Traders!
Here's the trade idea and do let me know if you have any questions! 💰💰💰
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Our S&P500 setup:
Rules:
1. SHORT ONLY when price broke down the trendline and retest its resistance.
2. SHORT ONLY when bearish candlestick formed in 1D chart.
3. DO NOTHING when above #1 & #2 are not met.
TP 1 : level near 2500
TP 2 : level near 2200
TP 3 : level near 1800
CL : closed above 3000
RR > 5
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"All winning professionals know the enormous importance of psychology. Most losing amateurs ignore it."
DISCLAIMER: There is a very high degree of risk involved in trading. Past results are not indicative of future returns. Trade at your own risk.
Can Elliott Wave Predict the Next Move in US Markets?I had a quick look at the Indices and I can see a Clear 3-4 Formation. In this video I will draw some wave numbers.
I am not a strict elliotician and this is my FIRST EVER tradingview broadcast so please forgive my mistakes.
Has S&P 500 Completed a Wave 4 Up and Ready for a Wave 5 Down?
I do have a blog if you're interested Just search Immy Yousafzai Forex Trader , you should find it...
NZDUSD DiagonalNZDUSD 4H chart looks like it is completing an Expanding diagonal.
Here I'm expecting to see a completion of wave 5 (the last wave before downward movement)
what I do not know, is where wave 5 would be exhausted. so I have 2 options on the chart.
Option 1:
wave 5 could be truncated forming a Thrust.
Option 2:
wave 5 could unfold up to its full length around price 0.61924.
Both options are shown on the chart.
Remember as Price Unfolds Market becomes clearer.
I AM HAPPY TO CONTRIBUTE TO YOUR DECISION MAKING!
SP500 FORECAST - AGREE?Good Day Traders!
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Above chart is the forecast we made on SP500. Currently SP500 is forming Wave 5. Breaking level of 2400 will confirm the formation.
Please like and comment if you agree with us !
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"It never was my thinking that made the big money for me. It was always my sitting." - Jesse Livermore
DISCLAIMER: There is a very high degree of risk involved in trading. Past results are not indicative of future returns. Trade at your own risk.
WAIT before a shortHello traders, usdcad is developing wave 5 and I think that it will at least reach the red resistance that I drew on the chart, if oil should go down usdcad could break the resistance; In the larger picture (DAILY CHART) there is a downtrend but the price broke a speedline demonstrating a new bullish strength.
In addition the shor term trend is bullish and there is a sort of "cup" formation which could push up the price.
Retail traders are 88% short so there are chances for new gains for the pair: remeber you must never trade in the same retail traders' s direction.
I ll keep you updated and do NOT open short trades until wave 5.