Waveanalyis
WAVESUSDT - UPDATE!!Multi timeframe price action analysis on WAVES, still expecting a weekly corrective move in the crypto market. Remember this idea is only valid if all rules are satisfied.
The Characteristics of Corrective StructuresHi fellow traders, I would like to share with you all the characteristics of the most important structures when it comes to trading waves. When reading all the rules and guidelines of the Elliott Wave Principle it might be a little overwhelming and complicated for most traders. At least to me it was when I just started learning. For that reason I've tried to put it more in perspective by drawing all the patterns and making it more visual for everyone to understand. The notes are all included on the chart and I hope it helps you during your trading sessions.
If there are any questions please feel free to comment,
~ OGwavetrader
Follow our Tradingview account for more technical analysis updates
Like, share and comment your thoughts.
Gold Projection for Next WeekHi,
This is my GOLD set up for next week
Gold has Change of Character on 1829, this is momentum for bullish trend.
and as you can see, on current demand has QM bull pattern.
Buy limit on Buy zone Demand 1844 - 1848.5
You can set stop loss on 1938
TP 1 : 1868
TP 2 : 1888
TP 3 : 1908
TP 4 : 1918 (area 161.8)
Please DYOR
Disclaimer on
WAVE STRUCTURE FOR MORE DOWNSIDE ON GBPJPY ?As we can see that we are having a nice corrective structure on GBPJPY for more downside. If you are in the trade from top great if not then wait for lower time frame confirmations and sell setups before getting into the trade.
EURNZD BUY SETUP IN A CORRECTIVE STRUCTURE Hi everyone ! This is a Daily corrective structure and we are having a 4H flag for one more leg higher.
Thank you for your support !
