Waves
THE BLUEPRIINT OF THE DOLLA (DXY) Wave 1 is equal to wave 5. It signifies that the high distance of wave 1 is the same high distance with wave 5. The question is what will be the DTD of US dollar next year?. As from the above analysis, I expect a crash in the dollar as of next year. I guess non of us will see it coming.
USD/CAD short term correctionUSD/CAD - EW Analysis - on a short term perspective, price is correcting. It is now forming a smaller Wave C on the downside from a bigger Wave X (on a bigger timeframe) on the upside. We should see a long term uptrend on USD/CAD, but for now the price will correct on the downside.
Disclaimer: This is not a financial/investment advice. The information here is just a view and a technical analysis with informational purpose only. You take responsibility for your own actions. Have a nice day.
CHECK WAVES OF WAVESBefore anything else, I would like to announce that the data in this chart is incomplete and I received the original data from another source and counted the waves and transferred the same wave count to the trading view, so you know why I took the first falling wave as C And I didn't get an A
I think we are inside the large log E and the structure of the log E is diametric. I think I am in wave E of E.
The larger structure of which the larger log E is a subset is also a diametric.
Fluctuations in the daily time frame are expected from views like this. This is the structure for trading, you must check the behavior of the price
Waves can see a rebound from support Waves has been heavily dumped, it has a support locally and can rebound, IF BTC continues to dip then we expect a break in the support and lower lows, but for now expecting a rebound
Potential selling opportunity for nzd usdHello traders
Potential selling opportunity for nzd usd
If the price reaches the resistance area before breaking the low, we look for confirmation on the one-minute frame to execute a short-term sell trade
BTC cycle based Wave CountsThis is our macro view on BTC based on cycle based wave counts.
--> BTC is in the final leg down of a full macro corrective wave 4, nobody knows what the excact low would be.
Based on wavecounts, Fibonacci extension + retracement targets the most confluence is founded in the 13-11.5k zone (also the launchepad of the previous bullrun) with an potential overshoot towards 10k
We dont want to try buy the exact bottem, we always waiting to get conformation on a bottem formation or we buying at prices where we feel comfort with to hold for the next wave up.
--> BTC never was able to make new ATH's before the halving date. The next logical top should be in 2025
This is just one of the many scenario's we could think of, along the way with having more chart data our vieuw on this TA could change.
On wich prices are you feeling comfort to buy in without having any regret over the next years?
What is your trade plan?
Cheers,
Team Quantistic
XAUUSD SHORT TRADE Hello traders
In today's session, we sold gold, the first target 1775.246, the second target 1772.243
Note: the trade closes with the end of today's candle
GBP JPY ANALYSIS Hello traders
Our analysis of gbp jpy is to buy in the short term to target the supply area and if we get confirmation from the supply area we can sell to target the bottom
GBP/CHF LONG TRADE Hello traders
In the next trading session, we await GBP/CHF for a buying opportunity if we get confirmation that the trade will be executed
GBP/USD LONG TRADE Hello traders
In today's trading session we are buying GBPUSD
Target
Level 1.23780
Possible selling opportunity for CADCHFHey traders
Possible selling opportunity for CADCHF If we get a change in character from the supply area, we can sell CADCHF
Bottom is the first target
Possible selling opportunity for audjpyHi traders
Possible selling opportunity for audjpy If we get a change in character from the supply area, we can sell audjpy
Bottom is the first target
HOWTO: WavesHOWTO video about "Waves" script .
Waves script is a implementation of trend detection done by comparing current and previous candles. It has 2 rulesets for Low and Middle trends with different trend change sensitivity.
It's a great tool for trend visualization but in also hame so disadvatages like lag, a delay between high or low and trend change signal, which can be a real problem in trading.
All setting description was done in this video.
LINK / USDT SHORT TRADE link/usdt short trade (short trem )
wave analysis
price action
key level
momentum
correction
EURUSD Reversal before UptrendHello Traders,
I project EURUSD will make the last wave above. A break above invalidation will signaling uptrend.
