DXY LAST CORRECTION WAVE (WAVE C)Currently, from my perspective, DXY is probably in a corrective wave (ABC). WAVE B, is not yet done but anticipating an end at 99.099 price level. After then comes the last WAVE C then the bearish trend or thread continues....
Let's see how this goes.
WAVE A = 5 WAVES
WAVE B = 3 WAVES
WAVE C = 5 WAVES
Waves
BTCUSD (BITCOIN) Objective:
The goal is to take advantage of the Wave 2 correction and prepare for the upward move in Wave 3.
Entry Strategy:
Buy Limit Order: Place a buy limit order at 56,078.55, which is a key support level and likely the end of Wave 2.
Secondary Buy Limit Order: Consider placing a secondary buy limit order at 53,485.95 in case of a deeper correction.
Profit Targets:
Take Profit 1: 59,816.63, which is the first resistance level and a good point to secure partial profits.
Take Profit 2: 69,000.00, a major resistance level where Wave 3 may complete its upward movement.
Extended Target: 80,000.00, which could be the next move if Bitcoin breaks above 69,000.00.
Stop Loss:
Stop Loss: Place a stop loss below 49,351.27, the invalidation level. If the price falls below this level, the wave count is no longer valid.
GOLD 4H CHART ROUTE MAP UPDATEHello Billionaires!!!
We had a great start to the week with our plans to buy dips aligning with our 4H chart idea. Price continues to fluctuate between two levels of weight. We successfully reached and completed the support target at 2488, confirming the rejection and supplying the bounce, without a cross or lock below the level. Some long shorts positions i mark so check the momentum first then took entries don’t rush ok
STLA 1H Swing Long Aggressive CounterTrend TradeAggressive CounterTrend Trade
- short impulse
+ biggest volume T1
+ biggest volume Sp?
+ weak test closed 2 ticks below support level
+ first bullish bar closed entry
- resistance level
Calculated affordable stop limit
1 to 2 R/R take profit
Daily countertrend
"- short impulse
+ volumed TE/T1 level
+ support level"
Monthly trend
"+ long impulse
+ T2 level
+ 1/2 correction
+ support level"
STLA @NYSE
Sell Limit 17.40, GTC
Sell Stop 16.53 LMT 16.84, GTC
Hellena | EUR/USD (4H): Long to resistance area of 1.10079. Dear Colleagues, after such a strong news background, I believe that the price will not go for a strong decline. In addition, I see wave "3", which has not yet completed its impulse.
Therefore, I assume that the price will continue the upward movement and the minimum target for today resistance area 1.10079. It is quite possible that the price will gain strength and reach 1.08949 (50% Fibonacci level) first.
Manage your capital correctly and competently! Only enter trades based on reliable patterns!
Hellena | SPX500 (4H): Long to resistance area 5407.Colleagues, the price has moved down a lot, but that means we have an opportunity to enter a long position more favorably. I still believe that price is still in an upward move of great impulse, and now there is a complex correction taking place.
I expect an uptrend to begin around the 5172 area.
The first expected target is in the 5407 area.
Manage your capital correctly and competently! Only enter trades based on reliable patterns!
LLY 1H Long Swing Aggressive trend tradeAggressive trend trade
- short impulse
+ biggest volume T1
+ biggest volume manipulation
Calculated affordable stop limit
1 to 2 R/R take profit after 1/2!!!
Daily context
"+ long impulse
+ 1/2 correction"
Monthly context
"+ long impulse
- neutral zone"
LLY @NYSE
Sell Stop 901.82 LMT 905.94, GTC
Sell Limit 913.63, GTC
GEHC 1H Long Swing Aggressive Trend TradeAggressive Trend Trade
- short impulse
+ volumed T1
+ support level
+ volumed 2Sp-
+ weak test
+ first bullish bar closed entry
Calculated affordable stop limit
1 to 2 R/R take profit
Daily Trend
"+ long impulse
+ T2 level
+ 1/2 correction
+ support level
+ volumed 2Sp-
- independent approach"
Monthly trend
"+ long impulse
+ SOS test level
+ 1/2 correction
+ support level
+ volumed 2Sp+
+ weak test"
GEHC @NASDAQ.NMS
Sell Stop 79.68 LMT 81.40, GTC
Sell Limit 84.76, GTC
NLMK 1H Long Swing Aggressive CounterTrend TradeAggressive CounterTrend Trade
- short impulse
- unvolumed TE / T1 level
+ support level
+ biggest volume 2Sp-
+ weak test
+ first bullish bar closed entry
Calculated affordable stop limit
1 to 2 R/R take profit
Daily CounterTrend
"- short impulse
+ volumed TE / T1
+ support level
+ volumed manipulation"
Monthly CounterTrend
"+ long impulse
+ T2 level
+ support level"
Hellena | EUR/USD (4H): Long to resistance area of 1.09800.Dear colleagues, I believe that the price will continue the upward movement. In all probability, the price is in wave "3" of the higher order and wave "3" of the lower wave. This means that the probability of an upward movement is strongly increasing.
I expect a small correction to the area of 1.08696, then an upward movement to the resistance area of 1.09800.
Manage your capital correctly and competently! Only enter trades based on reliable patterns!
NLMK Daytrade 5M Conservative CounterTrend TradeConservative CounterTrend Trade
+ long impulse
+ SOS level
- strong approach
+ volumed 2Sp-
+ weak test?
+ first bullish bar closed entry
Calculated affordable virtual stop limit
1 to 2 R/R take profit
Hourly CounterTrend
"- short impulse
- unvolumed TE / T1 level
+ support level
+ biggest volume 2Sp-"
Daily CounterTrend
"- short impulse
+ volumed TE / T1
+ support level
+ volumed manipulation"
Monthly Trend
"+ long impulse
+ T2 level
+ support level"
Hellena | SPX500 (4H): Long to resistance area 5407.Colleagues, the price has moved down a lot, but that means we have an opportunity to enter a long position more favorably. I still believe that price is still in an upward move of great impulse, and now there is a complex correction taking place.
I expect an uptrend to begin around the 5172 area.
The first expected target is in the 5407 area.
Manage your capital correctly and competently! Only enter trades based on reliable patterns!
Will the dollar recover its recent losses?Looking lately at the Peso/Dollar relationship, it has seemed as if the high prices for the dollar are here to stay and the super peso has come to past. It was surprising to see that the upward trend that price was on broke. However, price as of lately has been struggling to push downwards. This is because of the 25MA is acting as support on the daily chart. Additionally, seeing the 25MA acting as resistance in the monthly chart put this trade in an uncomfortable situation. Mainly because even though there is an uptrend in important time frames, this trend is being tested on a way larger time frame.
On the other hand, the movement that brought price to these levels was very solid and has a lot of support under it. Considering 18.00 pesos per dollar to be quite a good deal, I would believe that many more people will see it this way and would rather be investing in dollars. In conjunction with the main Mexican index BMV:ME which has failed to recover from the down movement caused by the victory of the newly elected Mexican president. It's officially been a month since the index hasn't been able to break above the 25MA. If price fails to create an uptrend soon, this could lead to another 8% fall in the Index. This would create great buying opportunities in the Mexican market but could also cause investors to panic.
Waiting to see if Mexico is in the verge of collapse makes me think that dominoes may be starting to fall. Meaning there could be something much more serious lurking under the water. This in combination with the high risk that the USA will enter a crisis makes me believe that if price of Mexican stocks doesn't begin to turn around, we could be on the verge of a new recession. The USA still seems to have some fuel left in the tank, which could help the Mexican index recover, as also the recent rainfall has been a blessing for many communities that were affected by the severe droughts all over the country.
Meaning there is a possibility that Mexico will recover, but if it doesn't then this should be a red sign for the USA as your market is overextending. Meaning, if USA enters intro euphoria and Mexico into crisis, then we would have a severe economic divergence in two countries which economies are interconnected. Expect the best, prepare for the worst.