Get started

Wave Analysis

NZDJPY I Strong bearish divergence indicating potential shortWelcome back! Let me know your thoughts in the comments! ** NZDJPY 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
3
SOYBN/USD Short, WTICO/USD Short,WHEAT/USD Short & GBP/AUD ShortSOYBN/USD Short Minimum entry requirements: • Tap into area of value. • 1H impulse down below area of interest. • If 2 touch 15 min continuation, 5 min risk entry within it, or reduced risk entry on the break of it. WTICO/USD Short Minimum entry requirements: • 1H impulse down below area of value. • If 2 touch 15 min continuation, 5 min risk entry within it, or reduced risk entry on the break of it. WHEAT/USD Short Minimum entry requirements: • 1H impulse down below AOI. • If 3 touch 1H continuation, 15 min risk entry within it, or reduced risk entry on the break of it. GBP/AUD Short Minimum entry requirements: • Break above area of value. • 1H impulse down below area of value. • If 2 touch 15 min continuation, 5 min risk entry within it, or reduced risk entry on the break of it.
Short
by StewySongs
1
EGX Technical Ananlysis and Trading RecommendationsEGX30 Technical Analysis and Trading Recommendations for Short Term & Medium-Term Traders: Analysis Summary: - The EGX30 index has shown three consecutive green Heikin Ashi candles with long wicks indicating potential bullish momentum. - The index is currently below the Kumo cloud, with the Chikou Span pointing upwards, suggesting further upward potential. - A falling wedge pattern has formed, with a target of 33,291. However, the 38.1% Fibonacci level may pose a challenge. - Expected index volatility ranges from 26,781 to 28,242, with a solid Heikin Ashi bar between 27,203 and 27,739. - The index has recently returned to the trend line after a 15-day breach. Recommendations: 1. Short-term Traders: Consider taking advantage of the current bullish momentum but be cautious near the 27,739 level for potential profit-taking. Set tight stop-loss orders to manage risk. 2. Medium-term Traders: Monitor the index for a breakout above the falling wedge pattern target of 33,291. Consider entering long positions after a confirmed breakout with a target above 33,291. 3. Sales Rally Strategy: If the index approaches the 28,242 level, consider scaling out of long positions to capture profits. Implement a trailing stop-loss strategy to protect gains in case of a reversal. Remember, trading in financial markets carries risk, and it's important to conduct thorough analysis, implement proper risk management techniques, and adapt to changing market conditions. This video is intended for educational purposes only and not as financial advice for trading decisions. It aims to provide insights into technical analysis concepts and strategies. Full Disclaimer: "The information provided in this video is for educational purposes only and should not be considered as financial advice. Trading and investing in financial markets carry inherent risks, and individuals should conduct their own research or consult with a qualified financial advisor before making any investment decisions. The content presented in this video is for informational purposes and does not guarantee any specific results or outcomes. The creators of this video do not assume any responsibility for financial decisions made based on the information provided. Viewers are encouraged to exercise caution, practice due diligence, and be aware of the risks involved in trading and investing."
EGX:EGX30
by ICHIMOKUontheNILE
USDJPY Bearish ContinuationThe USD/JPY is one of the sell pairs we have from the portfolio selection we did yesterday. The Major pull for us thinking of shorting this pair is the wave structure (3) Momentum Low; this price point has over 70% probability that at some time in the future, the price will come back there after a retracement. On Friday,15-minute timeframe, we saw a breakdown which signifies a continuation of the downtrend. Here are the key prices we should be looking at: Sell Below: 155.60 Sell Confirmation: 155.24 Stop Loss: 156.02 Sell target T1 152.85
Short
by Charts247TradingAcademy
2
Learn Your EDGE - Trust Your EDGEYou can learn a methodology trust the methodology and be consistent. This weekly planning session is based on the H4 Indices, the idea is to do another major basket analysis after Tuesday trading. This analysis examined the AUD/USD, GBP/USD, USDJPY & USDCAD. H4 Indices Portfolio Selection BULLISH: AUD, JPY, GBP, CAD, NZD BEARISH: USD, EUR, ------------------------- BUY PAIRS: AUDUSD, GBPUSD, NZDUSD SELL PAIRS: EURAUD, USDCAD, USDJPY
by Charts247TradingAcademy
EUR/NZD Short, WTICO/USD Short and SOYBN/USD ShortEUR/NZD Short Minimum entry requirements: • Tap into area of value. • 15 min rejection or phase line break. WTICO/USD Short Minimum entry requirements: • Tap into area of value. • 1H impulse down below area of value. • If 2 touch 15 min continuation, 5 min risk entry within it, or reduced risk entry on the break of it. SOYBN/USD Short Minimum entry requirements: • Tap into area of value. • 1H impulse down below area of interest. • If 2 touch 15 min continuation, 5 min risk entry within it, or reduced risk entry on the break of it.
OANDA:SOYBNUSDShort
by StewySongs
1
GOLD ANALYSIS NEXT WEEKHere is the market outlook on Gold (XAUUSD) for next week from 20th of May to 24th of May. It is a clear projection of what is mostly likely to happen on Gold next week. In monthly timeframe there is a stronger gain this month almost covering the whole rejection formed in the April candlestick. This is a clear indicator of buyers dominating the price in this timeframe. There twelve remaining days for monthly candlestick to close, therefore price may reject to the downside or may continue to the upside. In weekly timeframe price has maintained a two weeks bullish momentum to an extent of a possibility of new higher High to be formed. But at the same time there is decrease in volume at this level which is an indicator of a possible price turn to the downside. In daily timeframe price seems to be in completion of the five wave move to the upside. Based of the internal wave formation, price may complete the fifth wave at the current price level, Alternatively, extension is possible up to the level marked by resistance in this timeframe. In four hour timeframe price is moving in a channel to the upside and current price is at the upper boundary line of the channel, therefore, resistance is expected to happen at the current price level. Price has currently managed to trade above 2400, this is a psychological level. PRIMARY PROJECTION: Consider selling when price reject to the downside and break the lower boundary line of the channel (sell below 24000 level). SECONDARY PROJECTION: Consider buying when price move down on opening of the market and bounce above the lower boundary line of the channel (buy above 2400).
SAXO:XAUUSDShort
by ASAMForex
Understand correctly and fully the market structure in tradingHi, most of us started out as chickens, But a correct understanding of market structure and its behavior will help us run out of chickens Hope this clip will fix your problem Full market structure: FORM - Wave structure, understanding multiple time frames (large frame to small frame) - Market phase (price trend moves quickly, price compresses sideways) MASS - Trading volume by candlestick - Trading volume according to price level BEHAVIOR - Market order buying and selling difference behavior (active buying and selling) at a time (candle bar) - Price trap behavior: SH, OB, choch, value swing) - Price scouting behavior: slight compression tends to increase or decrease, small volume, pay attention, just observe - Absorbing behavior: large effort, price compression, or reverse whisker, reverse swing - Exhausted behavior, watch reversal
by Dc717
5-Year SPX500 Expectations - Greatest Opportunity Of Your LifeWould you believe me if I told you the US & global markets (some) will rally more than 65% to 125% (or more) over the next 4 to 5+ years? You would probably call me crazy for even suggesting that will happen in a reasonably short time frame. But, what if I could show you how structurally (using Elliot Wave concepts and Fibonacci) this incredible rally may already be baked into the markets? What if I could show you that, barring any major economic destruction event, the US Fed and Global Central banks may have unleashed the inflation beast - which could lead to massive Hyperinflation over the next 5+ years? Would you be prepared for it? Would you even believe me if I could show you evidence that it may happen much quicker than you can imagine? And would you believe me if I told you Gold/Silver will rally more than 500% over the next 5+ years while attempting to hedge global debt/inflation risks? Now is the time to prepare for the greatest opportunity of your life. You must understand the structural mechanics of price related to the current global market dynamics. Please boost and share this video with your friends. Everyone needs to be aware of what is likely to happen over the next 5+ years so they can prepare for and profit from these exceptional price trends.
Editors' picks
FX:SPX500Education
by BradMatheny
29
Daily market analysis tomorrow 18th MayDaily Show on NIFTY, BANKNIFTY, FINNIFTY and USDINR, where we try and predict the market direction for tomorrow by technical analysis, Open Interest (OI) data analysis, FII DII data analysis and much more. This show gives insights into the market and is especially useful if you are a beginner who has just started options trading and wants to learn how to trade using price action and other chart techniques. Disclaimer: This is not an investment recommendation, advice, research report, or stock tip of any nature. We are doing this only to understand how to read derivative data and perform technical analysis. Strictly for educational purposes only. #nifty50 #banknifty #nifty50prediction #usdinr #optionstradingstrategy #technicalanalysis #tradingforbeginners #niftyprediction #sharemarkettrading #marketpredictiontoday #priceaction #usdinrprediction #niftytechnicalanalysis #tradingchartanalysis #usdinrtradingstrategytomorrow #openinterest
NSE:NIFTY
by littlesubham
GBPJPY Strong Reversal & GBPUSD UpdateThe Japanese Yen(D) is going through the B to C leg of its correction, which we saw in the yen pairs in the last 24 hours. The GBP/JPY is our pick for a long trade because it has a more technical-bullish outlook than most other yen pairs. More info in the video. GBP/USD The cable broke higher yesterday above 1.2634 , the limit for any downtrend continuation. The violation of this point invalidated the expected downtrend continuation trade. We must wait for the price to conclude the current rally before we can act on a new position in the cable.
Long
by Charts247TradingAcademy
3