Wolfe Wave
I THINK BA IS READY TO BLOW Looking at Ba here on the 4 hour time frame, despite being majorly oversold for days on end, Ba has finally shown signs of reversing but volume will need to follow in the long run. Ba has reclaimed its 9 ema here (151.96) so long as it can hold above that level we can see pushes to $155.34, 158.08 then $161.26. This still leaves her in oversold areas technically speaking but is very bullish as far as trends/ signals goes. @everyone
Looking here on the daily BA is in a massive falling wedge that started from the sell off at 207.60 which ends, of so I hope at 144.89. A technical break out of this wedge will be at 164.90 which can make an overall push for $182.25 as far as pattern pole length goes. @everyone
Looking here at the weekly time frame according to wolf wave. Wave 1 ended at 155.18 on July 20th 2020, which brought wave 2 up to 186.82 on Aug 10th 2020 and wave 3 to downside at 145.46 on Sep. 21th 2020. Wave 4 is now in play imo which can give it upside room back up to wave 2 point which is signaling $186.82. If any of my previous analysis on the shorter time frames hold up, that confirms the weekly wolf wave setup and gives my overall analysis a full confirmation signal. And that’s why I believe BA is poised to blow :rocket::rocket: @everyone
USDJPY IdeaHi everyone! That's how I see this pair (long term)
I see that the market has had a very strong bullish impulse, and it took 15 days to do so, and a fairly slow retracement, taking 117 days so far, that means there has been little bearish pressure.
The market is now arriving in an important area where there is an inefficiency that the market sooner or later feels the need to fill;
I put the light purple lines to indicate the candle that broke the last bearish structure created and where the market has never returned.
From this analysis I can understand that the market is going to cover that inefficiency and from there there is the possibility to go long. We need to see how the market will react in that area. Updates will come about it.
Let me know what you think in the comment and if you like it, drop a 👍👍👍👍. Thank you 💙
Pidilite - Bearish WolfewavePidilite has wolfe wave bearish but getting support of rsi , if support broken 1443 would be target and if resistance broken then 1523 will be upward target. Most probably will hit 1443 as it formed wolfe wave and very few times it miss its Estimated Price at Arrival (EPA).